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Holland Partner Group Welcomes Tom Parsons as Partner in Charge of Development | Pacific Northwest

Release Date: 01/13/2011

Vancouver, Washington— January 13, 2011
Holland Development, a leading developer of multifamily communities in the Western United States, announces the appointment of Tom Parsons as Partner in charge of Holland Development’s Pacific Northwest region. Mr. Parsons joins with over 25 years of development experience in the Puget Sound Region. His broad background includes the completion of residential and mixed use projects as well as office, industrial, retail and hi-tech properties. He has been responsible for all aspects of development including site acquisition, development, finance, marketing, leasing, investment sales and asset management.

“It is a pleasure to welcome Tom to the Holland Partner Group,” says Clyde Holland, CEO and Chairman of the Holland Partner Group. “Our partnership with Tom started with our Dexter Lake Union entitlement in 2001 and had grown to include M Street on Capital Hill, Ladd Tower in Portland and now 1200 Madison on Capital Hill.

For the past 13 years, Mr. Parsons has been senior vice president and a managing Principal for Opus Northwest in the Pacific Northwest region. During this period, Opus completed many significant projects totaling over 15 million square feet and valued in excess of $1.8 billion. Opus collaborated with the Holland Partner Group on residential projects totaling over 1,000 units, including Seattle’s 204 unit Dexter Apartments, the 227 unit mixed use M Street project, Portland’s 332 unit high-rise Ladd apartments and most recently 237 units at 1200 Madison in Seattle.

Tom’s commitment to both quality development and thoughtful leadership position him well to represent the values Holland has been built on. We look forward to being active participants in the recovery that is underway in Seattle and the Pacific Northwest,” says Mr. Holland.

Mr. Parsons professional and community relationships are extensive. He is past president of the National Associate of Office and Industrial Properties and the Kirkland Boys and Girls Clubs, and has been a member of NAIOP, BOMA International, King County Boys and Girls Clubs, ICSC International Council of Shopping Centers and various regional chambers of commerce and business associations for many years.

Tom is a graduate of Principia College in Elsah, Illinois where he received a Bachelor of Arts degree in Business Administration. He has continued his education through the BOMA, RPA program.

About Holland Partner Group
Founded in 2000, The Holland Partner Group is comprised of five operating companies focused on development of new communities, new construction operations, property management, and redevelopment services in conjunction with investment and asset management. The services and resources provided by our partner group allow our strategic alliance partners to invest in core, core plus and value-added communities in our primary Western United States’ markets.

Los Angeles Boom

Release Date: 08/01/2009

 Providing downtown quality during an incoming L.A. migration

There are approximately 450,000 jobs in downtown Los Angeles, yet in 2008 the population residing in the urban core was less than 40,000. Things are beginning to change. Now, the city is seeing an increasing number of people who already work downtown and live elsewhere moving into the area—and The Holland Partner Group is leading the charge to give these new residents the finest housing the city has to offer at a price they can afford.

Headquartered in Vancouver, Washington, Holland Partners is an organization that really knows the industry, especially when it comes to multifamily rental housing. “Our entire focus—our entire business—is multifamily rental housing,” says Tom Warren, COO of Development for Holland Partners.

Holland Partners is comprised of four different operating companies— development, investment management, acquisitions and property management—and boasts a substantial portfolio. The company manages more than 15,000 units in the Western U.S., has acquired more than 50 apartment communities and has developed multiple communities in major West Coast cities. The company is also working on five adjacent projects in downtown L.A. totaling more than 1,000 units. However, to ensure that it is ready to handle the L.A. influx and to improve overall as an organization, the company spent the last year during the economic downturn developing systems and strategies to build on its success.

THE MOST OF WHAT YOU HAVE

“Since last year promised to be a tough market, we pulled back on new investments to allow the market to catch up with the recent supply,” explains Warren. “During this time, we have been focusing on our assets and have done everything that we can to improve operations— maximizing revenue, streamlining our operating expenses and making sure we provide strong customer service to our tenants.”

One way Holland Partners has found to reduce annual operating expenses is minimizing turnover by focusing on customer service. When residents cycle in and out of any building, it requires additional manpower to prepare their units for the next residents. The company’s approach has already produced very positive results in both operating cost savings and resident satisfaction.

“The industry would really be well-served to focus more on customer service across the board,” says Warren. “We believe that if we consistently exceed the expectations of our residents and provide a welcoming environment, they will want to continue calling our communities their home.”

Holland Partners constantly monitors the effectiveness of its organization and programs, giving each residential community a customer service score that’s posted for all employees to measure their property performance against corporate averages. By conducting the surveys monthly versus more traditional annual or semiannual surveys, staffs are able to swiftly address and resolve any resident concerns before it’s too late. At its core it is a process that empowers employees at every community to focus on the fundamentals of great service.

“In this economy there’s only so much you can do to drive new investments,” says Warren. “But making the most of what you have always creates value.”

VALUING L.A.

These strategies are especially prevalent in Holland Partners’ downtown L.A. work.

“Historically, downtown has not been a very desirable place to live, so even with its very large job base few people were living there,” declares Warren. “What’s happening now, though, is that downtown is seeing more quality establishments going in including restaurants, retail and entertainment venues—it’s becoming a great place to live, especially considering the commute times in the area.”

In 2008, there were nearly 4,000 new units built in downtown L.A., with 2,500 of those being rental. That same year, those units were being picked up at a rate of nearly 200 a month. The economy has caused that number to dip, but only slightly.
“With all the people looking to move into downtown L.A., the market as a whole is still absorbing approximately 130 units a month,” says Warren. “Tenants are really cost-conscious, as you would imagine in this environment,
and they are focused on recapturing the time lost in a daily commute.” This knowledge is leading Holland Partners to build several new projects downtown that have a focus on affordability. Not simply tapping into the growing market, Holland Partners is offering the market what it wants most—and will likely want for years to come.

“The more people who live downtown, the better a place it becomes to live, which in turn leads to more people deciding to make downtown their home,” says Warren. “Everybody’s struggling in this economy, but the number of people renting in downtown L.A. is remarkably high.”

AFFORDABLE AND DESIRABLE

Holland Partners’ Glo: 1050 Wilshire opened in 2007 and has already seen success—its 201 units have above-market occupancy. The building’s an easy walk to the main downtown area and the entertainment venue L.A. Live. Of its units, 40 are priced for residents making less than 50 percent of the median income.

Additionally, Holland Partners owns a 77-unit single room occupancy building that it intends to renovate. “It’s a 1920s building and could really use some touching up,” says Warren. The units in the building are all affordable and its residents pay between $60 and $250 per month. “We want to provide a good, safe living environment for people who would have trouble finding that in other places—and improving the building will make a difference.”

“What we’re trying to do with all of these projects is provide a broad range of housing types to create a diverse residential neighborhood in the downtown L.A. market,” says Warren.

With an innovative strategy, in-depth knowledge of downtown L.A. and a string of high-quality projects, Holland Partners is truly making a mark on the city.

The company also owns an eight-story medical office building—a historic property built in 1923—that it intends to convert into 42 apartments under the city’s Adaptive Reuse Ordinance. Depending on the financing options, it may end up as a special needs building.

Kitty-corner to Glo is 1111 Wilshire, where Holland Partners is planning to build 204 units with 6,500 square feet of retail. Even further down the pipeline is a ground-up project that will likely include 550 units and 40,000 square feet of retail on 3.5 acres.

Published by strategize Magazine-July/August 2009 © 2009 avenir Publishing, Inc.

You Are Now Entering Ladd

Release Date: 05/16/2009

The Oregonian, Jen McCabe

It has been really nice coming home to the Ladd building. I think the chic modern water feature in the lobby might have magical futuristic powers of tranquility mind control. Walking in and out are both really relaxing. When you step outside, you are surrounded by the beautiful park and when you come home you are greeted by modern design and charismatic smiles.

Holland Partner Group Welcomes Erik Hagevik as Partner in Charge of Development, Colorado Region.

Release Date: 03/01/2011

16-year Veteran Joins Development Company

Vancouver, Washington—March 1, 2011
Holland Development, a leading developer of multifamily communities in the Western United States, announces the appointment of Erik Hagevik as Partner in charge of Holland Development’s Colorado region. Mr. Hagevik joins with over 16 years of development experience in the Rocky Mountain Region. His broad background includes the completion of multifamily residential and mixed use projects as well as land acquisitions for office and retail.  He has been responsible for all aspects of development including site acquisition, development, finance, marketing, leasing, investment sales and asset management.
 
“It is a pleasure to welcome Erik to the Holland Partner Group,” says Clyde Holland, CEO and Chairman of the Holland Partner Group.   
   
From year 1995 to 2009, Mr. Hagevik was vice president for Fairfield Residential in the Rocky Mountain region. During this period, Fairfield constructed and renovated over 50 Apartment properties, totaling approximately 13,000 units, valued in excess of $1.6 billion. More recently, during 2009 to early 2011, Mr. Hagevik worked with a local Green Apartment builder, Zocalo Community Development, where he worked on high density, LEED Certified Apartments and mixed use developments in Downtown Denver.
 
Mr. Hagevik’s professional and community relationships are extensive. He currently is a member of Apartment Association of Metro Denver (AAMD), pending member of Urban Land Institute (ULI) United States Green Building Council (USGBC), and a past member of International Council of Shopping Centers (ICSC) and various regional chambers of commerce and business associations. In addition, he currently coaches a youth lacrosse team in Metro Denver.  
 
Erik is a graduate of the University of Denver, Colorado where he received a Bachelor of Science in Business Administration, dual degree in Finance and Real Estate. He has continued his education through the USGBC and ULI. 

About Holland Partner Group
Founded in 2000, The Holland Partner Group is comprised of five operating companies focused on development of new communities, new construction operations, property management, and redevelopment services in conjunction with investment and asset management. The services and resources provided by our partner group allow our strategic alliance partners to invest in core, core plus and value-added communities in our primary Western United States’ markets. 

Holland Partner Group Breaks Ground On High Rise in First Hill Neighborhood

Release Date: 04/27/2011

 

SEATTLE, Wash. – April 27, 2011 – Today, Holland Partner Group broke ground on their 1200 Madison project, First Hill’s first high-rise in 35 years. Local business and political leaders were on hand to celebrate the groundbreaking and Seattle City Council President Richard Conlin offered remarks on the re-emergence of the city’s real estate market.

 

1200 Madison is a 237 unit, market-rate, high-rise apartment building located in the heart of Seattle’s First Hill neighborhood. The 17-story building will feature well-appointed finishes, pleasing amenities, and desirable views of downtown Seattle, the Olympics, and Lake Union.

 

“Our extensive experience allows us to tailor each project to its environment, to implement designs that help the project fit into the existing neighborhood,” said Tom Parsons, Partner in charge of Holland Development’s Pacific Northwest region. “1200 Madison will be a great addition to First Hill and provide residents easy access to downtown Seattle and surrounding neighborhoods.”

 

First Hill is known as a walker’s paradise and a place where people live because they want to be close to work, shopping, transit and entertainment. The 1200 Madison address is ideally located just blocks to the east of the central business district and is next to Seattle’s primary medical district, which includes Swedish, Virginia Mason, and Harborview hospitals.

 

“With the re-launch of Holland Development and Holland Construction, we are positioned to take advantage of the rebounding real estate market,” said Holland Partner Group CEO Clyde Holland. “We are pursuing a number of opportunities in Seattle and are confident in the strength of this market.”

 

Seattle University, with about 6,700 students in annual attendance and 670 faculty members, sits several blocks to the east of the site. Seattle Central Community College, the Art Institute of Seattle, and the Northwest Graduate School are also nearby. All of these people and institutions contribute to the vibrancy of the neighborhood, and the Holland Partner Group says the new building will fit right in.

 

1200 Madison will also be well served by its proximity to Interstate 5 and light rail service – with a local stop planned for the neighborhood. Within this context, 1200 Madison will leverage its prime location and great views to deliver a sought after product to First Hill.

 

Over the past 10 years Holland Partner Group, based in Vancouver, Wash. has financed over 10,000 apartment units. Parsons describes the group as a “full-service” apartment developer, builder, owner, and manager.


“Holland applies an integrated team approach to each apartment community we develop,” Parsons said. “From selecting the most desirable locations, to building with high-quality and sustainable materials, Holland strives to provide each resident with an enviable lifestyle.”

 

Parsons said the 1200 Madison project offers another prime example of that team approach.

 

About the Holland Partner Group

Founded in 2000, The Holland Partner Group is comprised of five operating companies focused on development of new communities, new construction operations, property management, and redevelopment services in conjunction with investment and asset management.  The services and resources provided by the partner group allow its strategic alliance partners to invest in core, core plus and value-added communities in the primary Western United States’ markets.

 

For more information, go to www.1200madisonprogress.com

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AWB names 2011 Community Service Award winners

Release Date: 05/11/2011

 

SPOKANE — The Association of Washington Business today recognized 16 Washington employers that have made volunteerism and community service a priority for their businesses and their employees.

 

This year’s recipients include small, medium and large employers from every part of the state investing in their communities by funding school programs and fighting hunger, providing medical and dental care for children and military veterans and giving countless hours of their employees’ time to volunteer activities. The awards were presented Tuesday evening at the Davenport Hotel in Spokane during AWB’s annual Spring Meeting.

 

“These last few years have been hard for a lot of Washington families and employers, so it’s especially important that we recognize those businesses that have gone out of their way to give back to their communities,” said AWB President Don Brunell. “In good times and bad, these are the employers that look for ways to improve the lives of our state’s men, women and children.”    

 

The AWB Community Service Awards are presented annually for projects that support education, youth organizations, community beautification projects, community organizations that help people in need or programs recognizing volunteerism. Special recognition is also awarded for projects that mobilize communities into action. Representatives from AWB member companies and organizations review all applications and select the final award winners.

 

The winners of the 2011 AWB Community Service Awards are: (Detailed descriptions of each company’s contributions are included in the awards program.)

 

EDUCATION

·         First Fruits Marketing, Yakima

·         Inland Northwest Health Services, Spokane

 

HELPING PEOPLE IN NEED

·         Autumnwood Dental, Artlington

·         Rushforth Construction Co. Inc., Tacoma

·         Gordon Thomas Honeywell, Tacoma

·         Holland Partners Group, Seattle

 

PROJECTS THAT MOBILIZE PEOPLE INTO ACTION

·         MacKay & Sposito, Inc., Vancouver

·         The Daily News with Longview Fibre Paper & Packaging, Inc, Longview

 

RECOGNIZING VOLUNTEERISM

·         Haskins Steel Co., Inc., Spokane

·         Landau Associates, Inc., Edmonds

·         Weyerhaeuser, Federal Way

 

YOUTH ORGANIZATIONS

·         Jonathan Rands, Attorney at Law, Bellingham

·         National Frozen Foods Corp., Seattle

 

CONTINUOUS COMMITMENT

·         Brown & Brown, Tacoma

·         Dick’s Drive-In, Seattle

About the Association of Washington Business
Formed in 1904, the Association of Washington Business is Washington’s oldest and largest statewide business association, and includes more than 7,400 members representing 650,000 employees. AWB serves as both the state’s chamber of commerce and the manufacturing and technology association. While its membership includes major employers like Boeing, Microsoft and Weyerhaeuser, 90 percent of AWB members employ fewer than 100 people. More than half of AWB’s members employ fewer than 10.

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Real Estate Buzz: Holland plans more than 1,000 apartments

Release Date: 05/12/2011

Holland Partner Group Breaks Ground at 1111 Wilshire

Release Date: 06/09/2011

 

Los Angeles, Calif. (June 9th, 2011) – The Holland Partner Group has broken ground at 1111 Wilshire Boulevard, in Downtown L.A. This is the most recent residential development to break ground in Downtown Los Angeles, and signals the recovery of the multi-family market and a surge of activity in the City West district. This mixed-use rental residential development community is the third in a series of five developments by The Holland Partner Group west of the 110 freeway in Downtown L.A.

“The unique design of 1111 Wilshire is tailored for the needs of the urban professionals who have selected downtown LA as their home,” says Tom Warren, Chief Operating Officer of Development at the Holland Partner Group. “1111 Wilshire offers functional amenities to provide an urban sanctuary for an active lifestyle, just blocks from the Central Business District’s 450,000 jobs, supreme shopping, unparalleled dining and world-class entertainment. We are excited to be delivering this third installment in a series of dynamic, creatively designed communities connecting City West with the rest of Downtown.” The groundbreaking for the $60 million, seven-story mid-rise building follows two other successful Holland Partner developments in Central City West : the 201-unit $65million residential complex named GLO at Wilshire Boulevard and Bixel Street, and the 77-unit Bixel House at 6th St. and Bixel.

Adds Warren, “City West is poised to become the next big Downtown Los Angeles residential district, with it’s convenient location and neighborhood character.”

1111 Wilshire includes 210 apartments and nearly 8,000 square feet of retail space in one of the most vibrant, revitalized areas in the country, with excellent access to transportation. Amenities include a health club-quality fitness center, poolside resident lounge and adjacent outdoor kitchen, generous roof decks with views of downtown L.A., onsite neighborhood retail/restaurant space.  Each residence has been designed to optimize space and functionality and feature granite counters, wood-plank vinyl flooring, stainless-steel appliances, pendant lighting, upgraded cabinets and floor-to-ceiling glass in select units. 

The inviting, contemporary design is by Nadel Architects, along with a design team that includes Markie Nelson Interior Design, LRM Landscape Design, Hall & Foreman Civil Engineering and Masoud Dejban, Inc., Structural Engineers.


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Holland Residential Purchases 1,054 Units in the Pacific Northwest

Release Date: 06/21/2011

Holland Partner Group Breaks Ground On Mid Rise at 901 Dexter

Release Date: 07/12/2011

SEATTLE, Wash. – July 12, 2011 – This afternoon, Holland Partner Group in partnership with Capstone Partners LLC will break ground on their newest project in Seattle located at 901 Dexter Ave N. The project will be a 284 unit, mid-rise apartment building located in the bustling South Lake Union neighborhood.

 

The 901 Dexter project is Holland’s third construction start this year. Construction is currently underway on 1200 Madison in Seattle’s First Hill neighborhood as well as 1111 Wilshire in Los Angeles’ City West. Along with these projects, Holland has seven construction starts planned for 2011 totaling 1,842 units.

 

“We’re happy to partner with Capstone to develop this project in the heart of the up and coming South Lake Union neighborhood,” said Tom Parsons, Partner in charge of Holland Development’s Pacific Northwest region. “We see this project as an excellent long term investment as the area will only continue to grow.”

 

Minutes from downtown, South Lake Union has quickly become one of Seattle’s most desirable neighborhoods, boasting the new headquarters of the Bill and Melinda Gates Foundation and Amazon.com. The neighborhood is a hub for the technology and life sciences industries, and has evolved into an urban residential village complete with shops, new restaurants including three Tom Douglas offerings, and the new Lake Union Park.   

 

The building amenities at 901 Dexter will include a theater, fitness room, bike room and dog run with dog washing station. It also boasts 5 rooftop decks with views of Lake Union and downtown.  A community room with full cook’s kitchen and ample entertaining area is complemented by a full-size pool table and an outdoor fireplace.

 

The Partners engaged Runberg Architecture Group, engineering firm Coughlin Porter Lundeen and Mercedes Fernandez Interior Design to complete the design aspects of the project.

 

The partners of Holland and Capstone have a relationship that dates back many years.  “It is a privilege to collaborate with Capstone to bring this great residential property to the community”, said Holland Partner Group CEO Clyde Holland.

 

901 Dexter also includes 2,154 sq. ft. retail on the corner of Dexter and Aloha.  Site work started June 1, 2011 and Holland plans to deliver the first units for occupancy in late summer 2012.  The entire project is expected to be finished early in 2013.

 

Over the past 10 years Holland Partner Group, based in Vancouver, Wash. has financed over 12,500 apartment units. Parsons describes the group as a “full-service” apartment developer, builder, owner, and manager.

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Local firm investing $1B in West Coast apartments

Release Date: 07/14/2011

 A Vancouver-based property firm plans to spend nearly $1 billion this year developing 1,800 new apartment units and buying 4,000 existing units in several West Coast cities.

The Holland Partner Group is betting that demand will continue in the booming rental markets of Denver, Los Angeles, Portland and Seattle, where it broke ground Tuesday on a 284-unit complex in the South Lake Union area. It’s betting on a belief that apartment complexes are a good investment because of a demographic shift and devastation to the national housing market.

Cities on the West Coast are especially attractive to young professionals who want the carefree lifestyle of apartment living, said Clyde Holland, chairman and chief executive officer of the Holland Partner Group, which is not affiliated with Vancouver’s The Holland Co.

Newly graduated college students and young adults, ages 18 to 34, are his company’s primary market, Holland said.

“They have no interest in suburbia. They want to be downtown. They’re delaying marrying, delaying having kids and investing in their lifestyle,” he said.

The company also is buying existing complexes, including The Pointe Apartments off Vancouver’s Northeast 109th Avenue and 37th Street. Holland bought the development for $31.2 million in December.

However, Clark County’s rents aren’t high enough to justify building new units, said Holland, who worked for Trammel Crow Real Estate before launching Holland Partner Group in 2001.

“We think it will be another one to two years before the Clark County market recovers,” he said.

The area’s persistently high unemployment rate could be the cause, pushing more young people to move back in with their parents or double up with friends.

Average vacancy rates in west Vancouver were at 3.8 percent in April, according to the Metro Multi Family Housing Association, while the rate came in at 3.3 percent Beaverton, Ore. , where Holland Partner Group plans to build more than 800 apartments near the TriMet Max light-rail station at Beaverton Creek.

By the same token, landlords in the Beaverton market are able to command higher rent prices, said Phillip Barry, a metro-area broker with Joseph Bernard LLC, a Portland firm that specializes in marketing apartment buildings.

A one-bedroom apartment unit in Portland rents for an average of $1,031 per month, according to Apartments.com. It compares with $1,533 per month on average in Los Angeles, $1,200 monthly in Seattle and $979 per month in Denver.

Phillips said rents in the Portland and Vancouver area have steadily increased over the past year, as the area’s slumping housing market drives up demand for apartments.

“Another thing is lack of construction in the area,” he said. “(There’s) just a lack of product out there competing with the existing apartments.”

http://www.columbian.com/news/2011/jul/13/local-firm-investing-1b-in-west-coast-apartments/

Cami Joner-Columbian

Holland Partner Group Breaks Ground On Oregon Developments

Release Date: 09/22/2011

 

VANCOUVER, WASHINGTON – September 22, 2011 – Today, Holland Partner Group celebrated two separate ground breaking ceremonies at Brenchley Estates and Living Green at Orenco Station.  Brenchley Estates located at 28035 SW Parkway Avenue, Wilsonville, Oregon consists of 324 units and Living Green Orenco at Station located at NE Orenco Station parkway and NE Campus Court, Hillsboro, Oregon consists of 190 units. 

 

Holland in partnership with The Carlyle Group broke ground on the fourth construction start of 2011 with Brenchley Estates. Later in the day Holland in partnership with Mesirow Financial Institutional Real Estate’s Direct Investments group celebrated its fifth construction start of the year with the ground breaking of Living Green at Orenco Station.  Construction is currently underway on 1200 Madison in Seattle’s First Hill neighborhood, 901 Dexter in Seattle and 1111 Wilshire in Los Angeles’ City West. Along with these projects, Holland has eight construction starts planned for 2011.

 

“We are very pleased to partner with The Carlyle Group and Mesirow Financial Institutional Real Estate, Direct.  They both represent decade long partnerships and it’s a pleasure to partner in success with both groups”, said Holland Partner Group CEO and Chairman Clyde Holland.

 

Brenchley Estates is located in Wilsonville, a relaxed family-oriented town situated about 18 miles to the south of Portland and considered the gateway to the I-5 high-tech corridor and numerous warehousing and distribution facilities, including Xerox, Mentor Graphics, Flir Systems, Sysco, Orepac and many others.

 

Living Green at Orenco Station is located in the heart of Hillsboro 100 yards from the MAX light rail.  Intel is building D1X, their new $1 billion fabrication facility less than a mile from the project.  Intel’s shuttle operates at the station providing residents with direct access to Intel’s four Hillsboro campuses.

 

Brenchley Estates and Living Green at Orenco Station will provide residents with a variety of lifestyle options and first-rate amenities including a recreation center, clubhouse, swimming pool, sports field and retail options.

 

“Holland has focused its development efforts around employment centers and transportation hubs, in thriving markets that are in need to housing that meets the needs of today’s sophisticated renter.  We have an eye on efficient use of space, aesthetics and sustainability.  Increased density that is well planned and executed makes housing more affordable and takes advantage of the infrastructure that communities have invested millions of dollars in building”, said Tom Parsons, COO in charge of Holland Development’s Pacific Northwest region

 

Site work for both projects started July 1, 2011 and Holland plans to deliver the first units for occupancy in spring 2012, with both projects finished by year end.

Holland Partner Group Breaks Ground on Mid Rise in Highland Neighborhood

Release Date: 11/09/2011

 

Holland Partner Group Breaks Ground On Mid Rise in Highland Neighborhood

Celebrates launch of Holland Development and Holland Construction in Denver

 

Denver, Colorado – November 9, 2011 – Today, Holland Partner Group broke ground on their Highland Bridge Loft project, the first start for Holland in Denver and the sixth for 2011. Local business, political leaders and neighborhood groups were on hand to celebrate the groundbreaking.

 

Highland Bridge Loft is a 130 unit, market-rate, mixed use development in a 4/5 story building located within the lower Highlands neighborhood. The midrise building will feature well-appointed finishes, pleasing amenities, and stunning panoramic views of downtown Denver and the mountains.

 

“Highlands Bridge Lofts will be a great addition to the LoHi community and provide residents easy and convenient access to downtown Denver and surrounding neighborhoods via bike, foot, public transportation or auto.” said Erik Hagevik, Partner in charge of Holland Development’s Rocky Mountain region.

 

The LoHi Neighborhood is known as a walker’s paradise and a place where people live because they want to be close to work, shopping, transit and entertainment. The Highland Bridge Loft address is ideally located just 1 block west of Interstate 25 and ¼ mile from the Downtown Denver Light Rail Station and the major redevelopment of Union Station.

 

“With the re-launch of Holland Development and Holland Construction, we are positioned to take advantage of the rebounding real estate market,” said Holland Partner Group CEO Clyde Holland. “We are pursuing a number of opportunities in Denver and are confident in the strength of this market.”

 

Over the past 10 years Holland Partner Group, based in Vancouver, Wash. has financed over 10,000 apartment units. Hagevik describes the group as a “full-service” apartment developer, builder, owner, and manager.


“Holland applies an integrated team approach to each apartment community we develop,” Hagevik said. “From selecting the most desirable locations, adding amenities that our tenant value including: a roof top deck, pool, fitness center and clubhouse to superior customer service from our property management team we feel this project will outperform the market.”

Holland partner group breaks ground on 717 Dexter

Release Date: 12/14/2011

 

Holland Celebrates firms eighth and final groundbreaking in 2011

 

SEATTLE, Wash. – December 14, 2011 – Today, Holland Partner Group in partnership with Mesirow Financial Institutional Real Estate, breaks ground on their eighth market rate project located at 717 Dexter Ave N, in Seattle. The project includes 100 units incorporating both townhouse units and studio, one and two bedroom flats, and is located in the bustling South Lake Union neighborhood.

 

“We are happy to partner with Mesirow Financial, to develop this jewel box project that will bring needed contemporary market rate housing to within blocks of Amazon’s new corporate campus,” said Tom Parsons, Partner in charge of Holland Development’s Pacific Northwest region. “We see this project as a micro-community designed specifically with the needs of today’s high technology workforce in mind.

 

Minutes from Seattle’s downtown CBD, South Lake Union has quickly become one of the city’s most desirable neighborhoods for both working and living.  Neighborhood high profile employers include the Fred Hutchison Cancer Research Center, The new University of Washington School of Medicine campus, the headquarters of the Bill and Melinda Gates Foundation, Group Health, Seattle Times, Tommy Bahama Corporation, Zymogenetics, Pemco Insurance and Amazon.com.  This urban location offers lifestyle amenities that include water front parks, the neighborhood streetcar, and recreational access to Lake Union, REI’s flagship retail store, a Whole Foods Market and numerous shops and eateries. The neighborhood known first as a hub for the technology and life sciences is now evolving into a true urban residential village.  

 

Building amenities at 717 Dexter will include a resident club room equipped with game tables, a raised bar, a mezzanine level with a media room for gamers and movie-lovers.  717 Dexter also incorporates an expansive rooftop deck with great views of Lake Union and the downtown Seattle skyline. The deck will include a covered area to socialize, a fireplace and a variety of seating and socializing areas.  A pet-friendly dog run completes the package offerings for residents.

 

The 717 Dexter project is Holland’s third start in Seattle this year. Construction is currently underway on 1200 Madison in Seattle’s First Hill neighborhood as well as 901 Dexter also in the South Lake Union neighborhood. Additional Holland construction activity is ongoing at 1111 Wilshire in Los Angeles, CA, Brenchley Estates in Wilsonville, OR, Living Green at Orenco Station in Hillsboro, OR, Bella Terra in Huntington Beach, CA and Highland Bridge Lofts in Denver, CO.

 

Over the past 10 years Holland Partner Group, based in Vancouver, Wash. has developed and acquired in excess of 20,000 apartment units. Parsons describes the group as a “full-service” apartment developer, builder, contractor, owner, and manager.

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Josh

News and Press at Holland Residential