SUNNYVALE, CALIF. — Sares Regis Group of Northern California (SRGNC) has broken ground for 75 new apartments at The Flats, a multifamily property in downtown Sunnyvale. The 125,000-square-foot building will expand the property’s existing, fully leased 198 units to a total of 273 apartments.
Slated for delivery by late 2021, the new apartments will be located along W. Iowa Avenue, adjacent to the three existing Flats buildings. Nine of the new units will be designated as affordable.
The Flats features a mix of one-, two- and three-bedroom apartments, ground-floor retail and numerous indoor and outdoor amenities. Current retail tenants include Pacific Catch, Urban Plates, AT&T and Namaste Nail Salon.
The development is part of CityLine Sunnyvale, which is being developed by STC Venture LLC, a joint venture between SRGNC and Hunter Properties.