New technologies are driving the marketing behind a $350 million luxury condo community that’s being built in one of this area’s premier master plans.
Selling has commenced for The Sterling Collection at Silverleaf, an enclave comprised of 213 condos (starting price: $1 million) in five four-story buildings, nestled within 2,000 acres of Silverleaf, a development that’s part of Scottsdale’s 8,300-acre DC Ranch.
Cypress Development Group is the developer and builder of The Sterling Collection. Cypress was formed in late 2013 when its CEO, Nathan Day, merged his development company with another owned by his best friend. Day tells BD+C that “timing” was how a startup like Cypress was able to acquire land in Silverleaf during the last economic downturn.
Sterling’s one-, two-, and three-bedroom condos, with floor plans that range from 1,900 to 3,300 sf, feature all of the familiar flourishes of luxury for-sale dwellings: oak floors, pro-grade appliances, 11-foot-high ceilings, ornately appointed master bathrooms, etc.
The master bathroom with one of The Sterling Collection’s condos, whose floor plans range from 1,900 to 3,300 sf.
Residents will have access to resort-style amenities such as fully furnished hospitality suites for guests; a resident lounge with demonstration kitchen, private dining, library, fireplace and conference room; Silverleaf’s 50,000-sf Mediterranean-style clubhouse and spa; and an 18-hole 7,322-yard golf course.
But what could set The Sterling Collection apart from other condo communities in this market, says Day, is its high-tech home automation. Each condo will be equipped with a whole-house system that controls everything from its lighting, heating, and cooling, to its entertainment components, security, and window coverings. This system—supplied by Creston and run by two iPads positioned around the condo, hand-held remotes, and touchscreens—allows owners to dim lights to 80% of full power levels.
Secured private elevators provide direct entry into each home. Day says that it’s unusual for mid-rise multifamily buildings to include elevators.
The buildings will include a total of 15 charging stations for electric cars. And as Cypress aspires to earn LEED Silver for this project, Sterling is being built with an energy conserving HVAC system, LED lighting in each home, and low-VOC paint.
Perhaps The Sterling Collection’s most unique feature, though, is its automated robotic valet, which Day claims is the first of its kind to be installed in a residential development on the West Coast.
Oak floors and high-end appliances distinguish the condos’ kitchens. A whole-house system controls each room’s lighting, heating, cooling, and entertainment functions.
The system uses omni-directional, battery-powered robots and a guidance system to carry vehicles parked on self-supporting steel trays to and from storage spaces. At the touch of a button, homeowners can call-up their vehicle to arrive in minutes.
A Florham Park, N.J.-based startup called Boomerang Systems is supplying the valet technology. Its CEO, Mark Patterson, told CNN that this system has multiple advantages over conventional parking: for one thing, cars can be parked more compactly, freeing up land for other real estate. The parking lot doesn’t need to be lighted and requires minimal ventilation. Plus, because the valet uses multiple entry bays, robots, and lifts, there’s no single point of failure. “If any one thing goes down, we can still operate the system,” he says.
(To see how the valet works, and what The Sterling Collection will look like when it’s completed, click here https://vimeo.com/116801599).
A construction LLC controlled by Cypress Development called Bild is building The Sterling Collection. Day says the first phase of 100 condos should be completed by the second quarter of 2016. The Kor Group, which specializes in luxury real estate, is handling sales and marketing of this project.
Secured private elevators
Related Stories
MFPRO+ New Projects | Oct 30, 2024
BIG’s One High Line finally reaches completion in New York City’s West Chelsea neighborhood
One High Line, a luxury residential project spanning a full city block in New York’s West Chelsea neighborhood, reached completion this summer following years of delays related to investor lawsuits.
MFPRO+ New Projects | Oct 30, 2024
Luxury waterfront tower in Brooklyn features East River and Manhattan skyline views
Leasing recently began for The Dupont, a 41-story luxury rental property along the Brooklyn, N.Y., waterfront. Located within the 22-acre Greenpoint Landing, where it overlooks the newly constructed Newtown Barge Park, the high-rise features East River and Manhattan skyline views along with 20,000 sf of indoor and outdoor communal space.
Multifamily Housing | Oct 28, 2024
A case for mid-rise: How multifamily housing can reshape our cities
Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. The main criticism of the “five-over-one” is that they are often too predictable.
Adaptive Reuse | Oct 22, 2024
Adaptive reuse project transforms 1840s-era mill building into rental housing
A recently opened multifamily property in Lawrence, Mass., is an adaptive reuse of an 1840s-era mill building. Stone Mill Lofts is one of the first all-electric mixed-income multifamily properties in Massachusetts. The all-electric building meets ambitious modern energy codes and stringent National Park Service historic preservation guidelines.
MFPRO+ News | Oct 22, 2024
Project financing tempers robust demand for multifamily housing
AEC Giants with multifamily practices report that the sector has been struggling over the past year, despite the high demand for housing, especially affordable products.
Products and Materials | Oct 17, 2024
5 multifamily tech products for your next project
Multifamily housing and technological upgrades go hand-in-hand. From the rise in electric vehicle charging needs to the sophistication of smart home accessories, tech products are abound in the multifamily space.
Codes and Standards | Oct 16, 2024
North Carolina’s code policies likely worsened damage caused by Hurricane Helene
The North Carolina Legislature’s rejection of building code updates likely worsened the damage caused by Hurricane Helene, code experts say. Over the past 15 years, lawmakers rejected limits on construction on steep slopes, which might have reduced the number of homes destroyed by landslides.
MFPRO+ News | Oct 16, 2024
One-third of young adults say hurricanes like Helene and Milton will impact where they choose to live
Nearly one-third of U.S. residents between 18 and 34 years old say they are reconsidering where they want to move after seeing the damage wrought by Hurricane Helene, according to a Redfin report. About 15% of those over age 35 echoed their younger cohort’s sentiment.
Student Housing | Oct 9, 2024
University of Maryland begins work on $148 million graduate student housing development
The University of Maryland, in partnership with Campus Apartments and Mosaic Development Partners, has broken ground on a $148.75 million graduate student housing project on the university’s flagship College Park campus. The project will add 741 beds in 465 fully furnished apartments.
MFPRO+ News | Oct 9, 2024
San Francisco unveils guidelines to streamline office-to-residential conversions
The San Francisco Department of Building Inspection announced a series of new building code guidelines clarifying adaptive reuse code provisions and exceptions for converting office-to-residential buildings. Developed in response to the Commercial to Residential Adaptive Reuse program established in July 2023, the guidelines aim to increase the viability of converting underutilized office buildings into housing by reducing regulatory barriers in specific zoning districts downtown.
