In 2013, Blue Heron entered into a co-GP partnership with an experienced multifamily developer, to develop a new community comprised of 322 Class A garden-style apartments with excellent amenities, access to shopping and proximity to universities and employment drivers.
- Broke ground in late 2013
- The development finished in December of 2014, on schedule and under budget
- In August of 2015 the property achieved stabilized occupancy at a pace and rate that exceeded proforma
- The Property was sold in July of 2016