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LEASING AND MOVE-INS START AT CALYPSO APARTMENTS
May 14, 2008
The New 177-Unit Urban Boutique Apartment and Loft Community Features Warm Weather Attitude of the Caribbean Islands
IRVINE, CA (May 14, 2008)—Shea Properties, a leading real estate development and investment company headquartered in Aliso Viejo, Calif., is pleased to announce the start 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 Irvine, Calif., this brand new community is ideally situated at the intersection of Jamboree Road and Alton Parkway and offers a wide variety of floor plans and an architectural design theme that features the casual atmosphere of the Caribbean Islands.
“Shea Properties’ vision was to build a premier, unique luxury rental community combining an urban flavor with a hands-on management team and key on-site amenities which go beyond just the expected,” said Steve Gilmore, senior vice president, Shea Properties. “Calypso’s prime location in the heart of Irvine gives the community’s residents easy access to freeways, work centers, dining, shopping, entertainment and beach communities.”
Designed with urbanites in mind by Architects of Orange, Calypso residences combine funky street-style accents like contemporary colors and steel awnings, with warm designer finishes such as Pergo flooring, maple wood cabinetry, stainless steel appliances and modern granite countertops.
The community includes studio units, one- and two-bedroom units and some urban lofts with sizes ranging from 605 square feet to 1,448 square feet and monthly rental rates ranging from $1,695 to $3,340. Some of the community’s features include a resort-style pool and spas with cabanas and Wi-fi; clubhouse with plasma TVs, Wi-fi lounge and gaming tables; and a fitness center with cardio and weight training equipment.
Gilmore added that Calypso is just minutes from The District, one of Orange County’s premier shopping, entertainment and dining destinations. Also nearby is Legacy Park, Shea’s 820-acre mixed-use community being developed on the site of the former Tustin Marine Corps Air Station.
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: sheaapartments.com/calypso.
About Shea Properties
Shea Properties is a leading real estate development and investment company headquartered in Aliso Viejo, CA. During the last 23 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $220 million in 2007. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.50 billion with an additional $3.0 billion expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,500 apartments units and 5 million square feet of commercial real estate in California and Colorado. Another 10 million square feet of office, industrial and retail space and 3,000 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.
May 14, 2008
The New 177-Unit Urban Boutique Apartment and Loft Community Features Warm Weather Attitude of the Caribbean Islands
IRVINE, CA (May 14, 2008)—Shea Properties, a leading real estate development and investment company headquartered in Aliso Viejo, Calif., is pleased to announce the start 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 Irvine, Calif., this brand new community is ideally situated at the intersection of Jamboree Road and Alton Parkway and offers a wide variety of floor plans and an architectural design theme that features the casual atmosphere of the Caribbean Islands.
“Shea Properties’ vision was to build a premier, unique luxury rental community combining an urban flavor with a hands-on management team and key on-site amenities which go beyond just the expected,” said Steve Gilmore, senior vice president, Shea Properties. “Calypso’s prime location in the heart of Irvine gives the community’s residents easy access to freeways, work centers, dining, shopping, entertainment and beach communities.”
Designed with urbanites in mind by Architects of Orange, Calypso residences combine funky street-style accents like contemporary colors and steel awnings, with warm designer finishes such as Pergo flooring, maple wood cabinetry, stainless steel appliances and modern granite countertops.
The community includes studio units, one- and two-bedroom units and some urban lofts with sizes ranging from 605 square feet to 1,448 square feet and monthly rental rates ranging from $1,695 to $3,340. Some of the community’s features include a resort-style pool and spas with cabanas and Wi-fi; clubhouse with plasma TVs, Wi-fi lounge and gaming tables; and a fitness center with cardio and weight training equipment.
Gilmore added that Calypso is just minutes from The District, one of Orange County’s premier shopping, entertainment and dining destinations. Also nearby is Legacy Park, Shea’s 820-acre mixed-use community being developed on the site of the former Tustin Marine Corps Air Station.
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: sheaapartments.com/calypso.
About Shea Properties
Shea Properties is a leading real estate development and investment company headquartered in Aliso Viejo, CA. During the last 23 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $220 million in 2007. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.50 billion with an additional $3.0 billion expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,500 apartments units and 5 million square feet of commercial real estate in California and Colorado. Another 10 million square feet of office, industrial and retail space and 3,000 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.
