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| 201 Marshall project, Redwood City, CA |
REDWOOD CITY, CA (Jan. 2, 2013) – Raintree Partners, a
Laguna Niguel, Calif.-based real estate investment and development company, has
begun construction on a ground-up multifamily development project, “201
Marshall.”
The project is a 116-unit, seven-story multifamily community
located in Redwood City, Calif., next to the Caltrain station in the heart of
Redwood City’s rapidly expanding downtown.
201 Marshall is being developed as part of Redwood City’s
purposeful creation of a higher-density, pedestrian-centric downtown area that
will attract young, creative people to its city.
201 Marshall is the first large project approved under
Redwood City’s Downtown Precise Plan.
The Downtown Precise Plan has a stated goal “to restore Downtown as the
indispensable hub of the City where a mix of diverse services, conveniences,
experiences and lifestyle choices” designed to create a true downtown including
ample public transportation, housing, retail and office space.
Raintree currently has three other Bay Area projects in
development. The company is actively pursuing additional development
opportunities in California, focusing on infill sites in core markets in both
Northern and Southern California.
For a complete copy of the company’s news release, please
contact:
Corynne Randel / Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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