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Commute-Friendly Multifamily Fits Transit Puzzle

SANTA CLARA, CA—Located adjacent to Lawrence Expressway and just steps from the Lawrence Caltrain station, Monticello makes the commute within Silicon Valley and the Bay Area much more bearable.

By Lisa Brown | lisabrown | | Updated on August 09, 2016
Monticello Multifamily The mixed-use development has 825 apartment homes and 43,000 square feet of retail.
SANTA CLARA, CA—In the past, an apartment property had to check off the boxes for interior and exterior amenities that would draw in residents. Today, a location near transit is the biggest box. Along with luxury digs, a multifamily community becomes a win-win.   Irvine Company Apartment Communities has opened its doors for Monticello , Santa Clara’s newest luxury apartment community, and the first move-ins are scheduled for this month. The 16-acre mixed-use development of 825 apartment homes and 43,000 square feet of retail offers a variety of luxury amenities that create a community unique to the neighborhood. Located adjacent to Lawrence Expressway and steps to the Lawrence Caltrain station, Monticello provides access to businesses, and makes the commute within Silicon Valley and the Bay Area more bearable. Monticello has been designed as a transit-oriented development, served by the Lawrence Caltrain station, which is less than two blocks away from the community, and will provide accessibility to the greater Bay Area. Via Caltrain, residents can easily reach employers with locations spanning from San Francisco to San Jose, and easy VTA light rail transfers providing access to Levi’s stadium, downtown San Jose and San Jose International Airport. Chaz Mueller , president, Irvine Company Apartment Communities tells GlobeSt.com: “Monticello Apartment Homes is Silicon Valley’s newest innovation, delivering modern conveniences to its residents in Santa Clara. The community features luxury on-site amenities like a fitness center, pools, spas and a great room, and is also close to the Lawrence Caltrain station. This creates a distinct community and connects residents to everything they need.” Monticello Apartment Homes are designed for a combination of living needs and budgets with rents ranging from $2,600 to $4,000. The apartment homes vary from 704 square feet for a one bedroom to 1,230 square feet for a two bedroom with two bathrooms and a den. The apartments feature stainless steel appliances, walk-in closets, a smoke- and vapor-free environment, the convenience of in-home washers and dryers, and are pet friendly. Exterior amenities include two swimming pools, dog wash, bike shop, bike storage, electric vehicle charging stations, clubrooms, WiFi in common areas and a parcel delivery room with 24-hour access.  The community also features a 3,760-square-foot fitness center with cardio and weight equipment. Monticello will feature open areas and themed courtyards, great for unwinding after a long day and socializing with neighbors. Multiple outdoor dining areas and poolside seating provide additional entertaining space, and will contain picnic tables, barbecues and double-sided fireplaces. There will also be a children’s play area. “Monticello brings first-of-its-kind sophisticated, metropolitan living to Santa Clara,” says Mueller. Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What’s driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.  

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