Greystar Announces the Grand Opening of Elan Rosemary Apartments in Sarasota, FL

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Greystar is pleased to announce the grand opening of Elan Rosemary, a new luxury apartment community, in Sarasota, FL.

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We are thrilled to offer a new living option in downtown Sarasota, said Lewis Stoneburner, Managing Director of Development for Greystar.

Greystar is pleased to announce the grand opening of Elan Rosemary, a new luxury apartment community, in Sarasota, FL. The development includes 286 units and is centrally located at 710 N Lemon Avenue at the corner of Boulevard of Arts and Lemon Avenue in the Rosemary District. The new community is minutes away from Downtown Sarasota’s Main Street, St. Armands Circle and Lido Beach.

The grand opening event will be held at the community clubhouse on November 8, 2019 from 3:30 to 8:00pm. The celebration will include an open house with refreshments, local cuisine, tours of the community and giveaways.

"We are thrilled to offer a new living option in downtown Sarasota,” said Lewis Stoneburner, Managing Director of Development for Greystar. “Elan Rosemary offers great amenities and contemporary apartment homes close to spectacular white-sand beaches, local restaurants, shopping destinations and nearby employers.”

Elan Rosemary includes a variety of studios, one and two-bedroom apartment homes, with den option, that range in size from 550 to 1,811 square feet. Interior finishes include stainless steel appliances, French-door refrigerators, quartz countertops, modern cabinetry, tile backsplashes and wood-style flooring in main living areas. Residences include open floor plans, spa inspired master bathrooms, full size washers and dryers, balconies or patios in select apartment homes.

The community clubhouse is designed with a variety of social spaces, a chef kitchen and conference rooms. The fitness center has floor-to-ceiling windows and includes the latest cardio and strength training equipment, a yoga studio and on-demand fitness classes. Residents can enjoy billiards, shuffleboard, a resort-style swimming pool with sundeck, lounge seating, outdoor kitchen, grilling stations and dining areas. The pet friendly community includes a dog park with agility course, parcel locker system and professional on-site management and maintenance team.

For more information on Elan Rosemary, visit LiveElanRosemary.com.

About Greystar:
Greystar is a leading, fully integrated multifamily real estate company offering expertise in investment management, development and property management of rental housing properties globally. Headquartered in Charleston, South Carolina, with offices throughout the United States, UK and Continental Europe, Latin America and Asia-Pacific, Greystar operates in over 150 markets globally and is the largest operator of apartments in the United States, managing over 480,000 units/beds. Greystar also has a robust institutional investment management platform dedicated to managing capital on behalf of a global network of institutional investors, with approximately $31 billion in gross assets under management including more than $12 billion of developments that have been completed or are underway – $9.9 billion in the U.S. and $2 billion internationally. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world class service in the rental housing real estate business. To learn more about Greystar, visit http://www.greystar.com. Data as of Q2 2018 but pro forma for inclusion of EdR transaction.

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Tricia Peters
Greystar
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