Garden-style community to bring 312 homes to
Summerville, S.C.
SUMMERVILLE, S.C., Sept. 4,
2024 /PRNewswire/ -- Quarterra Multifamily, a
subsidiary of Lennar Corporation and a multifamily apartment
developer, property manager, and asset manager, along with
development partner Nuveen Real Estate today announced the opening
of Emblem Cane Bay North apartment community in Summerville, S.C.
Emblem Cane Bay North is a Joint Venture between Quarterra and
Nuveen Real Estate. Emblem communities were created by
Quarterra to help address the nationwide shortage of attainable
housing available to middle-income renters.
The 312-home garden-style community has direct access to the
Cane Bay Plantation bike and pedestrian trails, within convenient
distance to neighborhood schools, retail centers, dining,
employment hubs and prime commuter routes. The SmartRent-compatible
community incorporates modern property technology into every home
and features a curated, contemporary amenities package.
"The attention to detail at Emblem Cane Bay North drastically
exceeds what middle-income renters are accustomed to seeing," said
Cameron Palm, Senior Development
Manager for Quarterra. "From in-home technology to state-of-the-art
amenity spaces, the community delivers a convenient and
sophisticated living experience. The Emblem brand deploys a
consistent, programmatic approach that ensures an elevated
environment at an attainable price point. Emblem Cane Bay
exemplifies the vision behind Quarterra's Emblem communities in an
enviable location here in Summerville."
Emblem Cane Bay North, located at 44000 Owl Wood Lane, puts
residents within easy reach of local dining options, including
Famuliari's Pizzeria, Rio Chico Mexican, Eggs Up Grill, Agaves
Cantina, Taco Boy, Halls Chophouse and Starbucks. The community is
also in close proximity to retail centers like The Market at Cane
Bay, North Creek Marketplace at Nexton and The Shoppes at Nexton.
The location affords great access to local schools and major
employers in the area, such as Boeing, Volvo, Walmart, Mercedes Benz/Daimler, Bosch and Joint Base
Charleston.
Regional connectivity is a breeze via nearby Hwy 176, with
access to Hwy 17 and Interstate 26, leading to Goose Creek, Summerville, Ridgeville and North
Charleston. Resident parking is accommodated by 520 surface
parking spaces and 35 leasable garage spaces.
"Emblem Can Bay North helps to address the needs of the often
overlooked middle-income demographic, and we are proud to partner
with Quarterra to bring an Emblem community to the rapidly
expanding Charleston MSA," said Carlos
Burneo, Nuveen's lead for housing development in the U.S.
"Delivering more attainable rental opportunities is one of our
primary objectives, and the standardized concept behind the Emblem
brand aligns with our overall housing strategy. This is an exciting
start to our development relationship with Quarterra."
Emblem Cane Bay North consists of one-, two- and three-bedroom
apartment homes, ranging from 738 to 1,434 square feet. Homes are
equipped with kitchen island pendants, stainless steel Whirlpool
appliances, quartz countertops, tile backsplash, luxury vinyl plank
flooring throughout with carpet in bedrooms and substantial walk-in
closets. Bathroom highlights include tile surrounds with oversized
tubs and quartz countertops. All homes feature ample shelving and
floor plans designed to maximize natural light.
Catering to an active lifestyle, all residents have access to a
community clubhouse with indoor lounge, a swimming pool with a
deck-side sunshelf, two outdoor grilling stations and an on-site
dog park.
Emblem Cane Bay North is Quarterra's second community in
South Carolina, joining
Cormac in Downtown Charleston
on the Upper Peninsula.
About Quarterra
Quarterra Group, Inc., a wholly-owned
subsidiary of Lennar Corporation (NYSE: LEN and LEN.B), is a
multi-strategy, real estate focused, alternative asset management
company comprising three rapidly growing verticals: Multifamily,
Single-Family Rental, and Land. Launched in 2011, Quarterra
Multifamily, previously known as LMC, is among the nation's most
active developers, builders, and managers and has been on the
National Multi-Housing Council's (NMHC) annual Top 50 list for nine
consecutive years.
Quarterra creates extraordinary communities where people can
live remarkably.
www.Quarterra.com
Media Contact
Marlena
DeFalco
LinnellTaylor Marketing
303-682-3943
marlena@linnelltaylor.com
View original content to download
multimedia:https://www.prnewswire.com/news-releases/quarterra-announces-opening-of-emblem-cane-bay-north-apartments-302238079.html
SOURCE Quarterra
