Greystar Community Savoy Honored With Multi-Housing News Excellence Award
Sunnyvale-based Mid-Rise Apartment Community Representing First Residential Project in Lawrence Station Area Plan Earns "Silver" in Design & Development Category
SUNNYVALE, Calif., Dec. 9, 2020 /PRNewswire-PRWeb/ -- Greystar, a global leader in the development, investment, and management of rental housing, today announced that Savoy has been recognized by the annual Multi-Housing News Excellence Awards, receiving "Silver" in the "Design & Development" category for mid-rise communities. Announced during the final day of the CPE-MHN 2020 Summit, Multi-Housing News publicly unveiled the winners of the MHN 2020 Excellence Awards, recognizing the multifamily industry's most noteworthy people, companies and properties. The annual awards ceremony was held in an online format for the first time in its 14-year tenure.
"We're honored to have Savoy recognized among such a distinguished collection of communities," said Andrew Morcos, Senior Director of Development at Greystar. "The tireless efforts of our dedicated and innovative teams allowed us to deliver the first transit-oriented multifamily project at this Caltrain station in Sunnyvale. Our local team is particularly proud to represent Greystar in this national award."
Savoy represents the first residential project to open in Sunnyvale's Lawrence Station Area Plan. Greystar worked hand in hand with the City of Sunnyvale during the re-zoning around Lawrence Caltrain, which has historically been an office, warehouse and industrial district, now envisioned to become a new transit-oriented live-work-play neighborhood. The project's center street down the site will connect to Caltrain in the future and a large park on the site will be accessible to the public, enhancing the walkability and public amenities.
A welcoming yet minimal aesthetic, inspired by patterns found in nature, is carried throughout Savoy, from the clubroom lounges to the 520 residential units ranging in floor plans from studios to two-bedroom, two-bathroom apartments. Nodding to the area's history, the design infuses the area's past as a pastoral landscape with its current status as a booming tech hub. Construction began in 2017, and the project celebrated its first move-ins in July 2020.
Located in the heart of Silicon Valley in Sunnyvale, Savoy is a living destination offering premier residential apartment homes and onsite amenities with the most convenient access to the Lawrence Caltrain Station. Rooftop decks, social spaces and coworking areas typify the community's carefully curated amenities, ideal for the tech-forward community. Community features include co-working areas and meeting rooms, Savoy Green central park, two indoor and outdoor fitness studios, pet spa and relief area, two rooftop decks with social spaces and TV, electric car chargers available, two clubroom lounges, two courtyards with BBQs, dining areas and 75-foot lap pools, and a bike repair shop and bike storage facilities. Savoy also features a multilevel parking garage, retail and restaurant spaces situated along Kifer Road.
Offering signature one- and two-bedroom floor plans, the apartments are each outfitted with gas ranges, NEST thermostats and keyless entry, hardwood-style plank flooring, stainless steel GE appliances, Quartz countertops, and in select units, a balcony/patio and walk-in closets.
To learn more about this award-winning community nestled in the heart of the South Bay, visit liveatsavoy.com.
About Greystar
Greystar is a leading, fully integrated real estate company offering expertise in investment management, development, and management of rental housing properties globally. Headquartered in Charleston, South Carolina, Greystar manages and operates over an estimated $200 billion+ of real estate in nearly 200 markets globally including offices throughout the United States, United Kingdom, Europe, Latin America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, managing approximately 713,000 units/beds, and has a robust institutional investment management platform with approximately $37.2 billion of assets under management, including over $16 billion of assets under development. Greystar was founded by Bob Faith in 1993 with the intent to become a provider of world-class service in the rental residential real estate business. To learn more, visit http://www.greystar.com.
Media Contact
Murphy O'Brien, Greystar, +1 (310) 586-7118, [email protected]
SOURCE Greystar
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