Trammell Crow Residential Going Upscale in South End

RENTON, WA-Trammell Crow Residential is developing a high-end apartment community here called Alexan Lake Washington. The development features 182 luxury units of two- and three-bedroom townhomes and two- and three-bedroom, single-story “European flats” with rents ranging from $1,300 to $2,080 a month.

The development includes a pool, a Jacuzzi and a fitness center. There also are some views for about 40% of the units. The development broke ground in July and should be completed in December. About half of the project has been completed and, despite the high-end pricing, the units are reportedly leasing up thanks to little competition in the area at that price point.