San Francisco, CA – (July 16, 2019)
GID announced today that it has acquired Blu Harbor, a 402 unit apartment community located in Redwood City, California. Blu Harbor is located on the San Francisco Bay adjacent to a 3,000 acre ecological reserve. This location provides easy access to employers and lifestyle amenities in both downtown Redwood City and along the San Francisco Peninsula.
Completed in 2018, Blu Harbor consists of one five-story wrap building, ten three-story garden style buildings and one amenity building. The community features a swimming pool, fitness center, spin studio and sports lounge. Other amenities include a bocce ball court, putting green, playground and multiple fire pits as well as complimentary bikes, paddleboards and kayaks. Unit finishes consist of quartz countertops, glass and stone backsplashes, stainless steel appliances, washer and dryers and vinyl plank flooring throughout all living areas. There is also a 64 slip marina.
“The developer has thoughtfully constructed the property to maximize resident enjoyment of this waterfront location,” commented Matt Stuart, Senior Vice President and Director of Western Region Acquisitions. “To combine both the waterfront location and strong physical attributes of the property with easy access to employment on the mid-Peninsula makes Blu Harbor generational real estate.”