Holland Partner Group Breaks Ground on First Multi-Family Apartment Homes at Reed’s Crossing, Oregon’s Largest Master-Planned Community
A Pair of Programs Makes it Easier for Potential Homeowners to
Purchase a New Home in South Hillsboro
HILLSBORO, Ore.–(BUSINESS WIRE)–Reed’s
Crossing by Newland is pleased to announce that Holland
Partner Group has broken ground on the construction of 324
apartments in the largest mixed-use master-planned community in Oregon.
Holland’s contribution to the community, located in South Hillsboro,
will consist of 14 garden style residential buildings containing a mix
of 1-4 bedroom floor plans. The firm will also build a clubhouse with
community amenities, including a pool, lounge and both indoor and
outdoor kitchens.
The apartment community is seeking National Green Building Standard’s
gold-level certification in order to provide residents with
environmentally friendly, energy efficient, and healthy homes.
Holland will offer two special programs at Reed’s Crossing called
Holland Offers More Equity (HOME) and Builder Lease. The HOME Program
allows residents who live in a Holland Rental Community to accrue a
portion of their paid rent as a credit to be applied toward the purchase
of a new home from select builders within the Reed’s Crossing master
planned community. The Builder Lease Program gives contracted homebuyers
at Reed’s Crossing the flexibility to rent at the community until their
home is complete without paying a short-term rent premium. Holland will
work with Newland and select builders at Reed’s Crossing to implement
these programs as the for-sale developments progress.
“Holland Partner Group is excited about the impact the Reed’s Crossing
Community will have on South Hillsboro and the city’s housing shortage,”
said Brenner Daniels, Holland’s managing director in the Oregon and SW
Washington regions. “We’re dedicated to providing diverse housing
options that are sustainably built and provide access to open space and
community amenities. Future residents will experience a truly dynamic
environment where they can live, work, and play within the
master-planned community.”
“Reed’s Crossing is more than just a development, it’s the creation of a
community,” said David Brentlinger, Newland’s vice president of
operations for Reed’s Crossing. “We are proud to collaborate with
Holland Partner Group to help us realize our community vision. Their
integrity, high quality of work, and forward-thinking programs will help
bring Reed’s Crossing to life.”
About Reed’s Crossing
Located in Hillsboro, Ore., just 13 miles from downtown Portland, Reed’s
Crossing is the largest mixed-use master-planned community, by density,
in Oregon. Major nearby employers include Intel and Nike. Cornelius Pass
Road is the gateway to Reed’s Crossing, with boundaries on Tualatin
Valley Highway and SW 229th and SW 209th Avenues.
The Reed’s Crossing community is owned by a business entity of North
America Sekisui House, LLC (NASH) and IHP Capital Partners and is being
developed by Newland Communities, the master developer of the community.
NASH and Newland share a deep commitment to sustainable development
practices, have strengthened their intentional focus together in all
communities they are creating across the country. Reed’s Crossing is one
of 30 assets the NASH-Newland partnership owns or manages together, in
14 states across the US.
For more information, visit ReedsCrossing.com.
About NASH-Holland
North
America Sekisui House, LLC (NASH) and Holland Partner Group joined
forces in 2013 to form a strategic venture based on shared corporate
philosophies related to economic goals and social responsibility.
The venture utilizes predictive market research to identify the best
markets, select exceptional sites, and develop quality designs that are
aligned with market demand. They then execute exceptionally.
The venture’s value for social responsibility is articulated by its
shared vision statement for sustainable, mindful community development:
“We will utilize resources responsibly, embracing the evolution of
sustainable development. We are committed to protecting human health and
the surrounding environment through the creation of high-quality,
thoughtfully considered multi-family and mixed-use developments that
connect people with places they can live, work and comfortably enjoy
life.”
The vision is supported by a set of guiding principles that provide a
moral compass for the project teams as they work through the project
life cycle of acquisition, planning, design, construction and operation.
The principles allow for flexibility to address the unique attributes of
each project’s site, market, product type and governing authority
requirements.
About Holland Partner Group
Founded in 2001, Holland Partner Group is engaged in the development,
construction, acquisition, redevelopment and management of multi-family
and mixed-use communities throughout the western United States. The firm
owns over 15,000 residential units and manages approximately 25,000
units for its partnerships and third parties. Holland currently has
almost 7,000 residential units under development and construction within
the Washington, Oregon, California, Arizona and Colorado markets.
Contacts
Kelliann Amico
kelliann@liaisonpr.com
503.705.6203
