Real estate firm Carmel Partners has begun construction on Carmel Loft House, a new, mixed-use development in Sunnyvale, California, US.
Designed by the US-based architecture firm KTGY, Carmel Loft House is located adjacent to PLAZA DEL SOL.
Carmel Loft House will feature two buildings spanning up to four storeys, featuring 133 loft-style apartment homes and over 6,000ft² of ground floor retail space.
The development will house one- and two-bedroom open floor plans ranging in size from 700ft² to 1,500ft², with 10ft ceilings, floor to ceiling windows, balconies and eco-friendly features.
Sustainable features of the development include Energy Star appliances, an enhanced air conditioning system, building insulation, recycling of building materials, low VOC paint, and efficient irrigation, drought-tolerant plants and low-flow fixtures to conserve water.
Carmel Partners expects to achieve a GreenPoint rating for the mixed use development.
Pre-leasing is anticipated to start in summer 2013 while the first apartment homes are expected to open later in the year.
KTGY principal and lead designer for the project David Senden said that a recent study released by the Center for Neighborhood Technology found that people living in location-efficient neighborhoods – close to transit, jobs and amenities – save approximately $200 per month.
"Architecturally, Carmel Loft House’s design speaks to the future residents’ desire for a contemporary environment that mimics their daily life, working in Silicon Valley," Senden said.
KTGY project designer Jessica Musick said, "The active lifestyle of the residents at Carmel Loft House will activate the city streets and bring energy to an otherwise empty space."
Image: Carmel Loft House is located adjacent to Plaza del Sol in Sunnyvale, California, and will feature two buildings comprised of up to four storeys. Photo: KTGY.