The Highly Anticipated Tower’s Expansive Water and City Views Draw Strong Demand; 35 – 40% of Apartments Expected to be Occupied by End of August.
(San Francisco, CA – July 28, 2016) – Equity Residential’s 340 Fremont has just begun onsite leasing, and already boasts 100 apartments pre-leased in the first phase of the 40-story tower, announced Jim Kelly, First Vice President of Development for Equity Residential. The extensive water and city views within many of the 340 Fremont’s 348 residences have proven to be a huge draw, stated Kelly, as has the expansive ninth floor amenity deck.
340 Fremont’s highly-articulated architectural and interior design is credited to Handel Architects, with landscape design by San Francisco’s Cliff Lowe Associates, and construction by Suffolk Construction.
Located on Rincon Hill, 340 Fremont offers studios, one, two, and three bedroom apartments, with lease rates starting at $3,210 for studios to $4,970 for 2 bedroom/2 baths. Pricing on Phase 3, which will encompass the top three floors of the tower, have not yet been released.
In addition to incredible water and skyline views, the ninth floor amenity deck has a Club Lounge with Demonstration Kitchen; a fitness center open 24/7; and an outdoor yoga studio. There’s also an outdoor grilling area, bike storage, rental EV stations, and a 24-hour concierge for residents. Many of the apartments themselves have private patios and terraces, with large floor-to-ceiling windows, hardwood flooring and open-concept living spaces.
About Equity Residential
Equity Residential is an S&P 500 company focused on the acquisition, development and management of high quality apartment properties in top U.S. growth markets. Equity Residential owns or has investments in 314 properties consisting of 78,351 apartment units. For more information on Equity Residential, please visit our website at www.equityapartments.com.