ORLANDO, FL--(Marketwire - Feb 25, 2013) - Wood Partners announces the grand opening of its newest multifamily community, Alta at Lake Eve, featuring the latest in resort-style amenities, from a private movie theater and state-of-the-art fitness center to high-efficiency washer-dryer units in every residence.

The 264-unit luxury apartment community consists of four 4-story midrise buildings and two 2-story carriage home buildings. Currently, 60 apartment homes are ready for move-in, and the remaining units are available for pre-lease. A special incentive of one-month's free rent is offered for a limited time.

The controlled-access development boasts one of the area's best locations, at 12515 Lake Square Circle, two miles from Walt Disney World and about five miles from Universal Studio, Sea World and the Orange County Convention Center. Residents are just steps from the I-Ride trolley, which will pick up and drop off at Orlando Premier Outlet Mall and hundreds of restaurants and night spots.

"Location is a major selling point, but this development is unique and has a WOW factor from the moment you walk in the door," said Joe Garibay, Southeast Regional Property Manager for Wood Residential Services. "Alta at Lake Eve is a very modern midrise with wood-plank flooring, espresso cabinets, elevators and high-end outdoor features."

Other standard features include nine-foot ceilings, brushed nickel track and pendant lighting, ceramic tile in the bathrooms and large soaking garden tubs.

The community's modern vibe includes its conservation efforts, Garibay said. All appliances are ENERGY STAR®, and lighting is low-energy fluorescent. The leasing office is paperless, and the builder made extensive use of recycled materials. Wood Partners is also working with the Florida Department of Conservation to help clean and monitor the water in nearby Lake Eve.

The 9.69-acre community is Wood Partners' 11th project in Orlando. Since 1998, the company has developed 27 projects with a total valuation of $1.1 billion in Florida.

Common amenities at Alta at Lake Eve include elevators, concierge services and surface parking. Outdoors, residents can swim in the pool or soak up the sun on the expansive deck and open-air "living room," featuring a fire pit and courtyard. Residents are invited to use the croquet lawn and pet park.

The luxuriously appointed two-story clubroom features a conference room, executive business center, coffee lounge, reading room, billiards room, game room, and movie theater with daily "red carpet" events.

Residents will have use of top-of-the-line cardio equipment in the fitness center, and pet owners can bathe Fido in the pet-grooming room.

Apartments include executive suites; 656-square-foot one-bedroom models; 1,132- to 1,200-square-foot two-bedroom, two-bath models; and 1,476-square-foot three-bedroom, two-bath models. Patios, balconies and sunrooms are available, as are garages.

Wood Partners' Florida construction branch, Wood Florida Builders, LLC, was the builder, and Charlan Brock & Associates was the architect. HSBC Bank USA, N.A. provided construction financing for the $32.7-millon project, which is expected to be completed in April 2013.

For more information, visit the website at http://www.altalakeeve.com/alta-lake-eve.

Wood Partners is a national real estate company that acquires, develops, constructs and property manages high density and mixed-use communities. In May 2012, it was ranked the nation's No. 1 multifamily developer with 3,750 unit starts. Through quality construction, responsible land development and intelligent design, our communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the development of more than 40,000 homes with a combined value of more than $5.5 billion nationwide. Its national portfolio currently contains almost 20,000 apartment rental units. Wood Partners has offices in 16 major markets nationwide including Atlanta, Baltimore, Delray Beach, Boston, Charlotte, Dallas, Denver, Houston, New York, Newport Beach, Orlando, Phoenix, Raleigh-Durham, San Francisco, Seattle, and Washington, D.C. To learn more about Wood Partners, please visit our Web site at www.woodpartners.com.

Contact Information:

Media Contacts:
Anton Communications
Vanessa Showalter

Genevieve Anton