Toll Brothers Apartment Living, the rental division of Toll
Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury
homes, in partnership with PGIM Real Estate and general contractor
Swinerton, is pleased to announce the topping out of The Lindley.
Located at 1331 Columbia Street in San Diego, California, this new
community will feature 422 apartment and penthouse residences,
upscale amenities, unrivaled rooftop views, and over 12,000 square
feet of retail space. Totaling over 800,000 square feet, The
Lindley will be one of the largest multifamily communities ever
developed by Toll Brothers.
A topping out event was recently held at The Lindley to
celebrate this construction milestone and was attended by over 300
guests, including development partners, local officials, and the
project’s construction team. Financed with a construction loan
facility from BNY Mellon and Wells Fargo, construction commenced in
2022 and residential occupancy is anticipated in late 2024.
"The Lindley represents our commitment to delivering top-tier
multifamily communities in sought-after locations," said John
McCullough, President of Toll Brothers Apartment Living. "We are
thrilled to top out this new community, Toll Brothers Apartment
Living’s first in San Diego, and look forward to offering an
exceptional living experience in one of the city’s most desirable
neighborhoods."
The Lindley's elegant architectural design reflects the
sophisticated San Diego lifestyle the community provides, featuring
an array of studio, one-bedroom, and two-bedroom apartment homes
and penthouses, complemented by over 12,000 square feet of retail
space. Residence features include quartz countertops with ceramic
tile backsplashes, stainless steel appliances, custom cabinetry,
oversized closets, smart home features, and private balconies. The
community is set to redefine luxury living with its
state-of-the-art amenities, including an indoor/outdoor fitness
center with Pilates and yoga studios, sauna, and cold plunge;
saltwater pool with cabanas, grilling areas, and firepits; and 37th
floor sky lounge and deck with piano lounge, private dining, and
outdoor theater, enhanced by expansive, breathtaking bay views. The
community is being constructed to meet LEED Gold certification
standards, and the parking garage will include EV charging
stations.
“The topping out of The Lindley represents a great milestone for
Toll Brothers and our expansion in Southern California,” said
Michael McCann, Managing Director of Toll Brothers Apartment Living
in the West Region. “The Lindley’s strategic location and striking
architecture embody the essence of San Diego’s dynamic culture and
charm. We are excited to contribute to the growth of this
neighborhood as it continues to become a center of upscale urban
living.”
Residents will enjoy proximity to the waterfront and downtown
San Diego, and easy access to an abundance of dining, shopping, and
entertainment options. For more information about The Lindley by
Toll Brothers Apartment Living, visit LiveTheLindley.com.
ABOUT TOLL BROTHERS APARTMENT LIVINGToll
Brothers Apartment Living is the apartment development division of
Toll Brothers, Inc. (NYSE: TOL), an award-winning Fortune 500
company, and the nation's leading builder of luxury homes. Toll
Brothers Apartment Living brings the same quality, luxury, and
service for which Toll Brothers is known to its exceptional rental
and mixed-use communities in select markets, including Atlanta,
Boston, Dallas, Los Angeles, New York, Philadelphia, Phoenix, and
Washington, D.C. Toll Brothers Apartment Living communities combine
the energy of vibrant locations with unparalleled amenities,
resident services, design, and the expertise of America’s Luxury
Home Builder®. In 2023, the National Multifamily Housing Council
ranked Toll Brothers Apartment Living the 6th largest apartment
developer in the United States. The firm has completed over 10,000
units nationally, with more than 18,000 units in production. For
more information visit TollBrothersApartmentLiving.com.
ABOUT TOLL BROTHERSToll Brothers, Inc., a
Fortune 500 Company, is the nation's leading builder of luxury
homes. The Company was founded 57 years ago in 1967 and became a
public company in 1986. Its common stock is listed on the New York
Stock Exchange under the symbol “TOL.” The Company serves
first-time, move-up, empty-nester, active-adult, and second-home
buyers, as well as urban and suburban renters. Toll Brothers builds
in over 60 markets in 24 states: Arizona, California, Colorado,
Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland,
Massachusetts, Michigan, Nevada, New Jersey, New York, North
Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas,
Utah, Virginia, and Washington, as well as in the District of
Columbia. The Company operates its own architectural, engineering,
mortgage, title, land development, insurance, smart home
technology, and landscape subsidiaries. The Company also develops
master-planned and golf course communities as well as operates its
own lumber distribution, house component assembly, and
manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being
named to the Fortune World’s Most Admired Companies™
list. Toll Brothers has also been named Builder of the
Year by Builder magazine and is the first two-time
recipient of Builder of the Year from Professional Builder
magazine. For more information visit TollBrothers.com.
From Fortune, ©2024 Fortune Media IP Limited. All rights
reserved. Used under license.
Photos accompanying this announcement are available at
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Contact - Andrea Meck | Toll Brothers, Director, Public
Relations & Social Media | 215-938-8169 |
ameck@tollbrothers.com
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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