Top Developments of Top Developers
The five biggest multifamily builders share details about some of their most notable current projects.
Every year, Multi-Housing News shines a light on the top multifamily development companies expanding the residential stock throughout the U.S. This time around, we asked the five leading companies to reveal details about their current most ambitious multifamily projects.
1. Greystar: The Row at Red Hill
Greystar kicked off construction on its largest mixed-use development to date in mid-2022. Totaling 1,100 units, The Row at Red Hill spans across more than 14 acres in Santa Ana, Calif. Move-ins began last August, but the luxury community is projected to come fully online only later this year. Bank of America provided $188 million for the construction of this massive project.
“The challenges were immense,” said Raul Tamez, senior director of development with Greystar. “There were so many moving pieces and scrutiny involved with a project of this magnitude, and the creation of a new neighborhood is a big deal to this community. The local agencies, from councilmembers to city staff, were involved and had a say in the approach of this project, and their expectations were high.”
The Row at Red Hill is Greystar’s largest mix-use project ever. All images courtesy of Greystar 
Each residential building has a unique decorative theme, a resort-style pool and a spa. Three of the four pools are crowning the rooftop decks. 
The Row at Red Hill in Santa Ana includes a two-story fitness and wellness center, as well as rooftop terraces. 
The luxury community has something for each resident, ranging from coworking spaces with private zoom rooms to outdoor courtyards with firepits.
Architecture firm AO spearheaded the design of the community with Parisi in charge of interiors. The property blends the site’s industrial past with rich amenities, and was inspired by New York City. At full build-out, the veritable mini neighborhood will have four residential buildings—each bearing two unique interior color palettes—along with four parking structures, 40,000 square feet of commercial space and a separate 20,000-square-foot retail building.
One way Greystar’s meticulous plan for this mixed-use development shines through is the inclusion of public art installations. “The Row at Red Hill will be a dynamic addition to Santa Ana, showcasing over $1 million in curated art installations throughout the property,” Tamez noted.
2. The Related Cos.: Willets Point
Queens Development Group, a joint venture between The Related Cos. and Sterling Equities, secured a $360 million financing package for the first phase of Willets Point in Queens in late 2023. S9 Architecture designed the two 12-story buildings—with a combined 880 affordable units—that are expected to come online by the end of 2026. The first phase also includes a residential building with 220 units set aside for low-income seniors.
Last year, the New York City Council made a historic decision by voting 47 to 1 to approve the redevelopment plan for the second phase of Willets Point, which is set to include another 1,400 affordable housing units.
The 23-acre Willets Point District will be the largest all-affordable housing project in 40 years for New York City. Besides the scale of the project itself, the site also presented challenges. The developers need to do substantial infrastructure improvements, soil remediation and raise the new streets and structures out of the floodplain.
Additionally, plans for the megadevelopment include more than 150,000 square feet of open public space, 20,000 square feet of retail space, a 250-key hotel and a 650-seat public school. New York City Football Club privately financed a 25,000-seat stadium dubbed Etihad Park, which will be their permanent home. HOK designed NYC’s first soccer-specific stadium, which should be operational in time for the 2027 Major League Soccer season.
3. Trammell Crow Co., High Street Residential: Knox Street
Trammell Crow Co. teamed up with BDT & MSD Partners, Highland Park Village Associates and The Retail Connection for the construction of Knox Street Development in Dallas, one of the busiest U.S. metros based on housing completions data.
“We believe in the strength of Dallas’ residential market due to underlying fundamentals of a robust job market, population growth, urbanization and lifestyle trends, and cost of living,” said Joel Behrens, a managing director within High Street Residential’s DFW office. “For Knox Street in particular, the location is unmatched, with a variety of walkable dining, shopping and outdoor activities as our site sits on the Katy Trail.”
JLL Capital Markets secured a nearly $620 million construction loan from Beal Bank for the 1 million-square-foot project. Besides the residential portion and luxury condominiums, the mixed-use project will also include 150,000 square feet of office space, 100,000 square feet of retail and a five-star hotel.
The Knox Residences is set to feature 47 luxury condominiums with unit sizes averaging around 4,200 square feet. The exterior of the 28-story tower, designed by Woods Bagot, will showcase a glazed terracotta facade. The interiors will be crafted by Chad Dorsey Design. The condos start from the 10th floor and rise above The Knox, an 8-story and 140-key hotel operated by Auberge Resorts Collection. The ground level is slated to include a mix of retail spaces, lounges, restaurants, and event venues, making it a dynamic hub for residents and guests alike.
Woods Bagot also designed the yet unnamed multifamily tower. The 27-story high-rise will have 186 units with floorplates averaging 1,500 square feet. The multifamily tower will rise above a two-story podium filled with retail and restaurant space.
The entire mixed-use development is expected to come online by the end of 2026. HKS is serving as the architect of record, OJB is the landscape architect with KPF heading the design of the 3333 Knox St. office building. The boutique office tower is already fully preleased by anchor tenant ISN Software Corp., global law firm Paul Hastings LLP and co-developer BDT & MSD Partners.
4. The NRP Group: Oliver on The Hudson, Nova Lofts
The NRP Group’s largest development, Oliver on The Hudson, is taking shape in the Port Liberté neighborhood of Jersey City, N.J. NRP teamed up with G&S Investors, with financing and equity provided by Citizens Bank, Fifth Third Bank and Rockwood Capital for the company’s second project in the city, which is expected to come online later this year.
KTGY Architecture and Planning designed the 401-unit community, which will feature a heated pool, dog park and a business center, among other amenities.
“Oliver on the Hudson brings together top-tier amenities, incredible access to employment hubs and an unbeatable location to create a unique and desirable community for residents,” said Jonathan Gertman, senior vice president of development with The NRP Group.
Meanwhile, another notable project of The NRP Group, Nova Lofts, celebrated its grand opening in San Antonio. The company joined forces with the City of San Antonio, Community Housing Resource Partners and U.S. Bank to develop this 65-unit affordable community. Nova Loft offers up to three-bedroom units with 1,147-square-foot floorplans to residents earning between 30 and 60 percent of the area median income.
“We are incredibly excited about the completion of Nova Lofts, a community that embodies our commitment to creating vibrant, affordable housing communities where residents can thrive,” said Jason Arechiga, senior vice president of development with The NRP Group.
The company has been developing in San Antonio for approximately two decades, having built more than 10,000 apartments in Bexar County. However, Nova Lofts is the developer’s first affordable community in or near Terrell Heights.
5. MetLife Investment Management: Roosevelt Assemblage
Another joint venture effort, the 224-unit Roosevelt Assemblage project is emerging in the Roosevelt neighborhood of Seattle. MetLife Investment Management turned to High Street Residential, an arm of Trammell Crow Co., to develop the transit-oriented multifamily property. Roosevelt Assemblage is expected to come online in the fourth quarter of 2026 and aims to achieve LEED Gold certification.
Weinstein A+U designed the 244-unit Roosevelt Assemblage in Seattle. All images courtesy of MetLife Investment Management 
Roosevelt Assemblage is half a block away from the Roosevelt light rail station. 
Residents will enjoy views of Mount Rainier from the roof deck. 
The lobby at Roosevelt Assemblage in Seattle 
The mixed-use development is set to include coworking spaces.
“Its immediate proximity to a light rail station offers convenient transportation to key attractions in the Seattle metro area as well as walkable attractions in the vibrant neighborhood which offers outstanding dining, shopping and recreational options, as well as top-rated schools,” said Mike Pace, MetLife Investment Management’s managing director & regional head of debt and equity.
Designed by Weinstein A+U, Roosevelt Assemblage will feature hybrid work-oriented units and modern amenities, including a rooftop clubroom, a two-level outdoor roof deck along with coworking spaces stretching over two stories.
The partially affordable project has a walk score of 96 and is located just half a block north of the Roosevelt light rail station. The asset will have a secondary lobby to provide greater proximity to the pedestrian route from the station.
