Essex Property Trust and KTGY Group Earn National Praise for Smart Growth, TOD Communities

Essex Property Trust and KTGY Group Earn National Accolades for one of their Latest Smart Growth, TOD Communities, 284 Luxury Apartments and Grocery-anchored Shopping Center

IRVINE, CALIF. – KTGY Group, Inc., Architecture + Planning announces that Via, an upscale, eco-friendly, transit-oriented, mixed-use community in the heart of the Silicon Valley in Sunnyvale, Calif., has earned the highly-coveted Gold Nugget Grand Award as the bestMixed Use Project. Via also earned a Gold Nugget Merit Award in the category of Multi-Family Housing Project – 30 to 50 du/acre (For Sale or Rent). The award was presented to Via’s developer/owner Essex Property Trust, Inc. (NYSE: ESS) and KTGY at the awards ceremony held during PCBC at the Moscone Convention Center in San Francisco. The award competition, which is the oldest and most prestigious design awards in the nation, is open to builders, developers, architects and land planners with projects in the United States and all international countries.

Designed by KTGY, developed by Essex Property Trust, and built by ZCON Builders, Via seamlessly blends 284 luxury apartments with a 46,000-square-foot shopping center anchored by Fresh & Easy and includes a bank, restaurant, deli, and other neighborhood-serving retail.Via is located at 615 Tasman Drive in Sunnyvale, just off the 101 Bayshore and 237 Southbay freeways, steps from the VTA commuter rail station, and near the Mineta San Jose International Airport.

The resort-style apartment community targets urban/suburban sophisticates who want environmentally-friendly, luxury living, onsite shopping, and close proximity to Silicon Valley employers and convenient access to light rail and the entire Bay Area. Approximately 15% of units are set aside as affordable to low income tenants.

“Via is an excellent example of a 21st century smart growth development incorporating high density, mixed-use, eco-friendly living in a location that provides immediate access to light rail, onsite retail and residential amenities,” said KTGY Chairman and Principal Stan Braden, AIA, NCARB.

Via offers four levels of high quality residential above retail and parking at grade serving the retail and one level of subterranean parking underneath. The apartment homes range in size from 694 square feet to 1,313 square feet and feature spacious floor plans with 9-foot ceilings, a gourmet kitchen, stainless steel appliances, and a private patio/balcony. Via also offers floor plans with an available flex-room, perfect for additional bedroom or home office.

Via’s residential community amenities include a large pool with sundeck and spa, state-of-the-art health and fitness center with aerobic and weight-training equipment, cyber café, resident clubroom with billiards table, a bocce ball court, putting green, barbecue area and fire pit, Zen-styled courtyards, and a dog walk. There is also Wi-Fi throughout all common areas.

Via, which achieved 125 points in the GreenPoint Rated program, exceeds Title 24 by 21%. “Via’s transit-oriented location and green measures benefit its carbon footprint and strengthens its marketing message as an ideal place to live,” said John Eudy, Executive Vice President and Chief Development Officer of Essex Property Trust, Inc., the Owner. “Via provides an upscale urban/suburban, mixed-use,TOD living environment that working professionals covet.”

Via’s energy- and water-saving features reduce resource demand and lowers resident expenses. Via is located within just a half mile from a variety of services including other retail stores, restaurants, parks and schools. There are also walkways, bike paths, recreational area nearby and residents are minutes from future Yahoo headquarters and the proposed 49ers stadium.

The oldest and largest program of its kind—now in its 49th year—the Gold Nugget Awards honor creative achievements in architectural design and land use planning for residential, commercial and industrial projects. Drawing more than 400 entries from the 14 western states and internationally, the Gold Nugget Awards program is the premier event of the annual PCBC, the nation’s largest regional trade show and conference. See www.goldnuggetawards.com.

About Essex Property Trust
Essex Property Trust, Inc., an S&P 400 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets. Essex currently has ownership interests in 158 apartment communities with an additional 8 properties in various stages of active development. Additional information about Essex can be found on the Company’s web site at www.essexpropertytrust.com.

About KTGY Group
Celebrating 20 years, KTGY Group, Inc., Architecture and Planning, provides comprehensive planning and award-winning architectural design services for residential communities, retail, hospitality, mixed-use and related specialty developments. KTGY delivers innovative solutions that reflect clear understanding of development, market trends and financial performance and takes particular pride in its highly motivated and principal led studios. Serving clients worldwide, KTGY maintains offices in Irvine, Oakland and Santa Monica, Calif., Denver, Colo., and Tysons Corner, Va. See www.ktgy.com.

West Coast Commercial Real Estate News