Construction begins on KTGY development in California
KTGY Group, Inc., a planning and design firm, announced that Carmel Partners of San Francisco has started construction on Carmel Loft House, a new mixed-use development spanning two city blocks in downtown Sunnyvale, Calif.
The sustainable, infill development will consist of two buildings of up to four stories of residential with 133 loft-style apartment homes and more than 6,000 square feet of ground-floor retail space.
Carmel Loft House offers one- and two-bedroom open floor plans ranging from 700 to 1,500 square feet, with 10-foot ceilings, floor-to-ceiling windows, balcony, and many other modern and eco-friendly features. The community will be equipped with the latest in technology, concentrating on connectivity, Internet speed, and serving a population increasingly interested in working from home.
Carmel Loft House has been designed to achieve a GreenPoint rating with a targeted goal of 100-plus points (only 50 points are required to be GreenPoint rated for new multifamily construction). Some of the green features include Energy Star appliances, high-efficiency air conditioning system, enhanced building insulation, efficient use and recycling of building materials, low-VOC paint, efficient irrigation, drought-tolerant plants, and low-flow fixtures to conserve water.
Pre-leasing is expected to begin in summer 2013, and the first apartment homes are slated to open in late 2013.
For more information, visit www.carmelapartments.com.
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