Trammell Crow Company — in conjunction with Investment Real Estate Trust Properties — has broken ground on Arcata, a multi-family development in Golden Valley, Minn., that will feature a six-story, 260,000-square-foot building made up of 165 Class-A luxury residential units. The project is scheduled to be completed in October of 2014.
“Arcata will provide residents with upscale features and amenities and is conveniently located to a wide-range of destinations, including fine dining and specialty shops,” said Grady Hamilton, principal and head of Trammell Crow Company’s Midwest Business Unit, in a written statement. “We are excited to move forward with this project and are grateful for our investment partner, our design and construction team, and the City of Golden Valley for helping us reach this point.”
The project is located on two acres adjacent to the Colonnade Office Tower and south of Golden Hills Office Center on Golden Hills Drive near The Shops at West End. Arcata will offer studio, one-bedroom, one-bedroom-plus-den and two-bedroom residential units. Features of the project include contemporary design, resort-style pool, clubroom and fitness center, along with a two-story heated parking garage with 215 parking spaces.
