- Real Estate
- Food & Drink
By Jodi Schwan
The first residents have moved into one of the city’s largest apartment projects and found a high-tech upgrade waiting for them.
Graystone Heights, which is south of 57th Street near Sycamore Avenue, is the first apartment complex in the state to offer instant access to broadband with up to 1 gigabit speeds through CenturyLink ON.
Using an online portal, residents can create an account and set up payments without waiting for equipment to be installed.
“The tech will provide that extra layer of hassle-free luxury that Graystone is seeking for its tenants,” CenturyLink market development manager Rachel Woodman said.
Graystone will include 330 one- and two-bedroom apartments when it’s finished. The first 80 units opened recently. About 20 of them were pre-leased.
“We’ve had a tremendous flow of prospects and tours and people coming through every day,” said Joel Dykstra, CEO of developer RMB Associates.
Within the four-story building, rent prices vary. The top floor features extra amenities including granite countertops and upgraded carpet and cabinetry. Middle floors rent for less, and the first floor with a walkout costs a little more.
Monthly prices start at $930. The most upscale unit – there’s one in each building – rents for more than $1,500, and the first one already is leased.
“I think the biggest draw is that utilities are included,” Dykstra said. “The rent covers gas and electric, so they don’t have to worry about it.”
The CenturyLink service also has excited new residents, he said.
“Several of our residents are in the health care field and others are utilizing leading-edge online technologies, so having gigabit fiber service will really enhance their experience,” he said.
“In the very few other places in the country where this type of service has been available, individual homeowners and companies have found it to have tremendous value.”
Graystone also offers outdoor amenities including a swimming pool, dog park and gathering space. A clubhouse includes an indoor pool, a community room with a kitchen, a fitness center and a theater room.
The next 80 units are scheduled to open before the end of the year, and the third building also has started construction.
RMB Associates also is marketing property to the north of the apartments for retail use.
“We are working on the commercial land north of the property to define the wetlands, so we can fill it in for development,” Dykstra said. “We hope to have that done yet this summer, but we’re talking to people about it and have been showing it around.”
The first residents have moved in to one of the city’s largest apartment projects and found a high-tech upgrade waiting for them.