Press Releases
Basin Street Unveils First Phase of the Theatre District Waterfront Apartments
PETALUMA, Calif., – Dec. 18, 2006 – Basin Street Properties, the leading developer of commercial and mixed-use properties in Sonoma, Marin and Napa counties, announced today the opening of the first phase of the Waterfront Apartments in Petaluma’s thriving Theatre District. Development began on the 90-unit, four building complex in April 2005 and Building A – the largest of all four and comprised of 37 units – is open for occupancy. Diverse living options include studios, one and two bedroom apartments, and live-work spaces. Building A is located at 265 First Street and is in close proximity to the retail block and cinema.
"The community has been anticipating the opening of the Waterfront Apartments because people are very interested in living in the center of Petaluma's downtown core," said Scott Stranzl, vice president of leasing for Basin Street Properties. "Our main goal is to continue our commitment to making the Theatre District a vibrant destination for residents and to provide an ideal downtown residential option for those who want to live in the midst of a thriving environment."
The Waterfront Apartments are the second residential complex in the Theatre District. The Lofts at Basin Street Landing was the first, which was developed in 2004.
Building A of the Waterfront Apartments is open for tours 7 days a week: Monday-Friday, 8:30 a.m.-5:00 p.m.; Saturday, 9 a.m.-4:00 p.m.; and Sunday, 11:00 a.m.-4:00 p.m.
The Waterfront Apartments, upon completion, will house 90 units consisting of five studios, 28 one bedroom, 53 two bedroom (13 of them townhomes) and four live-work spaces. Residents will enjoy such amenities as all major appliances including, washer and dryer, granite counter tops, and balconies or patios. Located in Petaluma’s Theatre District, the complex is adjacent to the Petaluma River and is in close proximity to Highway 101. Direct access to public transportation is available, and a host of downtown amenities are footsteps away, including restaurants, shops, banks, and a 12-screen movie cinema house.
The Theatre District is centrally located in Petaluma’s historic downtown and offers a new and vibrant destination for residents and workers within the city, throughout the North Bay and beyond. Located in the heart of historic Petaluma, the property boasts waterfront views and a number of retail amenities including a 12-screen movie cinema house. From its open-air plaza, specialty shops and cafés to state-of-the-art office space and amenity-oriented apartments and lofts, The Theatre District is a development unlike any other in the North Bay.
Basin Street Properties, headquartered in Petaluma, Calif., is one of Northern California's and Northern Nevada's prominent developers and managers of commercial properties. Basin Street has become widely recognized for its office, retail and mixed use developments. Founded more than 30 years ago, the company offers a broad range of real estate services, including development, property management, construction management, financial and asset management, and property acquisition and disposition. For more information on Basin Street Properties, please call 707.795.4477 or visit www.basin-street.com.
