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191-Unit Phoenix Res Development Awarded LEED Gold Certification

5/04/20

Astor at Osborn, a 191-unit apartment building in Phoenix, was awarded LEED Gold certification. The property, which opened last year to residents, is located at 7th Ave and Osborn Rd in the heart of Midtown Phoenix, directly adjacent to The Osborn Marketplace, a 45k sf Sprouts grocery-anchored shopping center.

The project is owned by High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and MetLife Investment Management, and is a part of the overall mixed-use project called The Osborn, which includes The Osborn Marketplace. Additionally, the center offers a Starbucks drive-thru and over 12k sf of retail space including Orangetheory Fitness, Jersey Mike’s Subs, MOD Pizza, Keep It Cut, Midtown Nail Lounge and Jamba Juice.

LEED certification is awarded based on green building strategies implemented at a project. In the pursuit of Gold certification, the developers of the Astor at Osborn achieved a 32% reduction in energy usage from an ASHRAE 90.1 2007 baseline; diverted 75% of construction waste away from landfills; reduced water use by nearly 35% with newly installed plumbing fixtures; achieved a high level of indoor air quality through construction pollution management; used low volatile organic compound (VOC) building materials; used sustainable flooring throughout units; installed a water-efficient landscape design; and implemented a non-smoking policy for the entire building.

“The achievement of LEED Gold certification at the Astor at Osborn was a distinction that we set out to accomplish early in the development process,” said Paul Tuchin, a Principal with High Street Residential. “As we continue to focus on various ESG initiatives within our business, we are proud to have delivered a highly sustainable project to the Phoenix community, and one that people are proud to live in and call home.”

The Astor at Osborn offers high-end finishes and flooring, spacious gourmet kitchens with open studio, one-, two- and three-bedroom floor plans, stainless steel appliances, optional walk-in closets, garage parking and the option for a private terrace or patio. The lobby features modern and eclectic furniture and décor with a concierge desk and leasing office with “genius bar” concept and interactive TV, including a coffee bar and interactive lounge space. Residents have access to a large club room with buffet kitchen, lounge spaces, gaming area and Wi-Fi throughout the common areas.

The property also features an indoor/outdoor connection to the outdoor amenities, which includes a resort style pool, courtyard, shaded lounge areas, fire pits, outdoor modern entertainment kitchen and grills, hammocks, yoga terrace, lush landscaping and site lighting. Interior amenities include a fitness room, bike storage, pet spa, valet trash service and a guest suite for visitors.

The Astor at Osborn sits ˝ mile from the Central and Osborn Station for the Valley Metro Light Rail. The site also benefits from immediate adjacency to many major employers, major hospitals, desirable affluent neighborhoods, and an abundance of social venues.





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