Shea Properties Annouces Final Phase of Leasing at Calypso
Posted by Emily Moholick on Fri, Jul 17, 2009
New 177-Unit Urban Boutique Apartment & Loft Community Offers an Exciting Twist for Orange County Renters
IRVINE, Calif., (July 14, 2009) Shea Properties, a leading real estate development and investment company headquartered in Aliso Viejo, Calif., is pleased to announce the final phase of leasing and move-ins at Calypso Apartments and Lofts, a 177-unit urban boutique rental community like no other in Orange County. Located in the heart of the Irvine Business District, this brand new community has only a handful of new units remaining before it reaches stabilized occupancy. Calypso is ideally situated at the intersection of Jamboree Road and Alton Parkway with easy access to freeways, work centers, beaches and the shops and restaurants at The District. It offers competitive pricing, a wide variety of floor plans, and an architectural design theme that echoes the casual atmosphere of the Caribbean Islands.
"Our goal was to create a one-of-a-kind, luxury rental community with a decidedly urban flare," said Steve Gilmore, senior vice president, Shea Properties. "And the simple fact that these units were originally designed as for-sale condominiums by our sister company Shea Homes, makes living at Calypso even more like owning a home." Designed with the urbanite in mind, Calypso residences combine modern, street-style accents, contemporary colors and steel awnings, with warm designer finishes such as Pergo flooring, maple wood cabinetry, stainless steel appliances and luxurious granite countertops.
In addition to the deluxe interiors, the community features a resort-style pool and spas with cabanas; a clubhouse with large-screen LCD TVs; a Wi-Fi lounge for people who like to work on the go; gaming tables complete with a Nintendo Wii system; and a fitness center with cardio and weight training equipment. "This is resort-style living at its best," Gilmore added, "but combined with our hands-on management team and our commitment to quality and service, Calypso is tough to beat."
Calypso offers studio, one- and two-bedroom units and a limited number of urban lofts. Sizes range from 605 to 1,448 square feet with competitive monthly rental rates ranging from $1,505 to $2,280. Calypso's on-site leasing office is located at 2801 Alton Parkway #104, Irvine, Calif. For more information please call (949) 724-1722 or visit: www.sheaapartments.com/calypso.
About Shea Properties (www.sheaproperties.com)
Shea Properties is a leading real estate development and investment company headquartered in Aliso Viejo, CA. During the last 24 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $206 million for 2008. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.5 billion with more expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,000 apartment units and 5.5 million square feet of commercial real estate in California and Colorado. Another 10 million square feet of office, industrial and retail space and 2,500 apartment units are in the development pipeline in California, Colorado and Arizona. In concert with sister company, Shea Homes, the nation's largest private home builder, Shea Properties offers a range of capabilities matched by few other developers in the industry.