Wednesday, January 2, 2013

Raintree Partners Announces New Multifamily Development in Forward-Thinking Northern California Downtown



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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