Mishawaka, Ind. – The Sterling Group has announced the start of construction on a brand new, upscale apartment home community in Knoxville, Tennessee. Sterling Construction has broken ground on a 249-unit luxury development located southeast of West Town Mall in West Knox County..
Wellsley Park at Deane Hill Apartments, a partnership between The Sterling Group and Braxton Development, will be located on 15.35 acres at the northwest corner of Wellsley Park Road and Deane Hill Drive in West Knoxville. The community will consist of 14 buildings featuring nine one, two and three bedroom floorplans that range in square footage from 805 – 1,426.
This market-rate, pet-friendly community will feature a resident clubhouse, cyber café with Wi-Fi, a media/gaming room, fitness center with top-of-the-line equipment and adjacent tot room. Other amenities include a resort-style swimming pool with an arbor, grilling and firepit area, car care center and recycling center. Attached and detached garages will also be available.
Wellsley Park will offer residents a comfortable lifestyle with amenities and finishes typically found in upscale, single family homes. Apartment homes will include a full-size washer and dryer, fully-equipped kitchen with Granite countertops, frost-free refrigerator with icemaker, microwave and dishwasher. Kitchens in select homes will feature either a breakfast bar or gourmet island. Other finishes and amenities include woodgrain flooring, ceramic tile flooring, glass-enclosed showers, vaulted/tray ceilings, walk-in closets and exterior storage closets. Select units will also have a private patio or balcony and sunroom.
SGN+A Architects, Atlanta, GA and Cannon & Cannon, Inc., Knoxville, are the architects and engineers, respectively, on this project. Estimated at $29.5 million in total development costs, this project is expected to open in late summer 2013.
The Sterling Group, founded in 1976, develops, constructs, acquires and manages investment quality real estate, specializing in multifamily apartment homes, senior communities, student housing and storage facilities. Sterling properties are in numerous states throughout the Midwest and Southeast. For more information about the Sterling Group, visit www.thesterlinggrp.com, find us on Facebook at https://www.facebook.com/TheSterlingStory or follow us on Twitter at https://twitter.com/thesterlinggrp.
Sterling Construction Corporation is a company of The Sterling Group, Inc., which specializes in the development, construction and management of rental housing communities across the Midwest and Southeast. Sterling Construction has been focused on constructing rental housing communities since 1983. For more information regarding Sterling Construction, please contact Scott Buckey, Vice President of Construction, at 574-247-3246 or visit http://construction.thesterlinggrp.com.
Wellsley Park will be managed by Sterling Management, LLC. Sterling Management has over 30 years of experience assisting owners in achieving both physical and financial goals for their assets. For more information on Sterling Management, please visit www.thesterlinggrp.com.
Braxton Development is a privately owned and operated real estate development and holding company based in the heart of Southwest Montana. Braxton specializes in developing premium-branded hotels nationwide as well as market rate multifamily apartment home communities. For more information on Braxton Development, please visit braxton-development.com