LONG BEACH, CA. – July X, 2024 – Ensemble Investments, LLC (Ensemble), a leading national developer of hospitality and mixed-use/multifamily real estate, in partnership with AVE, the residential real estate brand of Korman Communities, known for its national, award-winning portfolio of elevated apartments, announces a property in Santa Clara, Calif., just minutes from Levi’s Stadium.
Slated to open this November, AVE Santa Clara (2200 Calle De Luna) will feature 311 apartments, including traditional apartment rentals and fully furnished apartments with flexible lease options, as well as 36,200 square feet of indoor/outdoor amenity space.
“Santa Clara is the ideal location for our newest property, conveniently located just several miles away from multiple tech campuses. Situated footsteps from Levi’s Stadium, AVE Santa Clara will provide unparalleled resort-style amenities, including the first-ever AVEnture Hub, featuring complimentary bikes, paddleboards and kayaks for residents to get outdoors and connect with nature. All of this will be paired alongside our signature high-touch service and community events. Residents will also enjoy immediate access to dining, shopping and parks, all a few steps away from AVE’s front door,” said President of AVE and COO of Korman Communities, Lea Anne Welsh.
AVE Santa Clara will boast a wide range of amenities. In addition to the AVEnture Hub, residents can also access well-appointed lounges, a two-story fitness center, a dog park, zen courtyards with kitchens, a roof deck garden, and a resort-style pool and fire pits. A new 14,000-square-foot indoor/outdoor food and beverage garden – Clara’s Junction – will also open within the bustling district, adding to the appeal of the location. The property will offer 15,000 square feet of retail space with the vision to add a variety of dining options. Interested retail tenants should contact Dixie Divine of Prime Commercial at 408.879.4000.
Designed by BDE Architecture and Groundswell Design Group, AVE’s newest community will feature 311 apartments spanning eight stories with incredible views. A variety of units will be available, including studios, one-bedrooms, two-bedrooms and three-bedrooms.
"When AVE Santa Clara opens to residents this fall, it will be the anchor and gateway for the district," said Kam Babaoff, Chairman of Ensemble. "We couldn’t be more thrilled to bring this unparalleled project to a district that is seamlessly connected to transportation options and offers a wide range of amenities. This community provides an exceptional living experience, perfectly blending urban vibrancy with the charm of suburban life."
Leasing will begin this fall, with first move-ins in November. Monthly rents start at $2,900 for a studio. For more information, visit https://www.aveliving.com/locations/south-bay-silicon-valley/santa-clara/overview.
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About AVE and Korman Communities
Korman Communities is a fully integrated, fifth-generation, 100-year-old real estate investment and property management company with nearly 40 properties across the United States and London. AVE specializes in elevated apartment living for discerning renters and individuals seeking a flexible living solution for business or personal lifestyle. AVE conveniently offers traditional unfurnished apartments along with fully furnished apartments with flexible lease options. Each community features a dedicated service team and unparalleled business, wellness, and entertainment amenities such as flex workspaces with gigabit Wi-Fi; resort pools; firepit lounges; 24-hour, state-of-the-art fitness centers; wellness classes; bike share; tranquility gardens; pet spas and parks; media theaters; and outdoor gaming and recreation. Ranked the No. 1 property management company in the U.S. based on renter satisfaction in 2023 and 2024, AVE provides comfort and seamless living for those who want to LIVE BETTER™. www.aveliving.com.
Coming soon: AVE Paradise Valley (Arizona: Fall 2024); AVE Hamilton Green (White Plains, NY: Winter 2024-2025); AVE Navy Yard (Philadelphia, PA: Summer 2025).
About Ensemble Investments, LLC
Ensemble is a leading commercial real estate investment firm specializing in comprehensive investment, development, ownership, and management strategies. Established in 1989, Ensemble has consistently delivered transformative projects across multifamily, hospitality, corporate office, life science, and retail sectors. With headquarters in Long Beach, CA, and offices in Phoenix and Philadelphia, Ensemble assembles a diverse group of talented professionals to steward resources with creativity and tenacity, delivering inspiring environments and exceptional experiences. For more information, visit www.ensemble.net.
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