Larken Associates Completes Initial Phase of Development and Welcomes First Residents to New Construction Rentals at Luxury Multifamily Community in York County, PA
Larken Associates, a regional leader in commercial and residential real estate building, development and management, announces the completion of Phase One construction at The Oaks at Copper Chase, a brand-new 107-unit multifamily development located on the site of The Reserve at Copper Chase at 3145 Honey Run Drive in York, Pa. Accompanying the completion of Phase One, Larken Associates has also welcomed its first residents to the brand-new luxury residential community which is already 75 percent leased ahead of its scheduled October 2021 completion.
Spanning four of the project’s planned 13 buildings, the completion of The Oaks at Copper Chase’s Phase One construction and welcoming of its first residents marks the next chapter in Larken Associates’ value-add project for the Copper Chase site. After acquiring The Reserve at Copper Chase in 2019, Larken Associates recognized that the 132-unit multifamily complex presented a tremendous value-add opportunity for the firm. Featuring nearly 12 additional acres of undeveloped land, Larken Associates looked to tap into tremendous demand for luxury residential options in the market by embarking on a strategic expansion and capital improvement project at the site headlined by the addition of The Oaks at Copper Chase. In addition to the new construction component of the project, the firm is also executing a series of renovations to enhance and upgrade The Reserve at Copper Chase and its existing amenity offerings.
Offering one, two and three-bedroom garden and garage-style units with private entrances, the addition of The Oaks at Copper Chase will bring exciting new residential options to Larken’s Copper Chase property and bolster its status as one of York County’s premier residential communities. Spread across twelve residential buildings, each of the community’s new luxury apartments will boast quartz kitchen countertops, solid wood shaker style cabinets, stainless steel appliances, in-suite high efficiency washers and dryers, matte black hardware and stylish chrome lighting throughout.
Further enhancing the residential experience is the refurbishment of an existing pool and outdoor lounge area and the addition of a state-of-the-art gym and a new clubhouse. The new clubhouse will include a wraparound covered porch, kitchen, pet salon, parcel concierge, lounge/wet bar and library room. Additional on-site amenities include a tot lot with sensory-sensitive playground, a bark park and trails for biking and walking.
“With strong area demographics and a deep employer base as well as wide variety of entertainment and leisure activities found in the immediate vicinity, the York County market aligns perfectly with the selection criteria we look to target as we continue to expand our Larken Living portfolio,” said David Gardner, President and Chief Executive Officer of Larken Associates. “As the Oaks at Copper Chase project and capital improvement plan at The Reserve at Copper Chase take shape over the months to come, we are confident that our work will create a truly one-of-a-kind residential experience in the York area for current and new residents alike.”
The Oaks at Copper Chase is the most recent addition to Larken Associates’ growing York County portfolio. Recently, the company acquired The View at Mackenzi, a 224-unit apartment community located at 2035 Patriot Street in York, Pa. With the completion of The Oaks at Copper Chase, Larken Associates will have nearly 500 units under management in York County alone.
York County’s strategic location between Harrisburg, Philadelphia, and Baltimore and diverse slate of cultural and entertainment experiences continue to make it one of Pennsylvania’s most dynamic counties. The Reserve at Copper Chase, The Oaks at Copper Chase, and The View at Mackenzi are all located within easy commuting distance of a wide range of employers and nearby several vibrant downtowns which provide residents with easy access to all that York County has to offer.
Additionally, the properties are integral pieces of the firm’s rapidly growing Larken Living portfolio which is comprised of 22 unique communities made up of 2,500 owned and/or managed residential units across the northeast. Throughout the Larken Living portfolio, Larken Associates leverages their time-tested residential development experience and hands-on management style to create top-of-the-line residential communities in a wide variety of markets. To learn more about the Larken Living portfolio, visit LarkenLiving.com.
The Oaks at Copper Chase is already 70 percent pre-leased ahead of its fall 2021 completion. Leasing opportunities start at $1,325. To learn more, please fill out this form or reach out via phone or email at (717) 699-8020 or TheOaks@Larken.net.
About Larken Associates
Larken Associates is a regional leader in commercial and residential real estate building, development and management. Leveraging over 50 years of experience, they are dedicated to bringing great spaces to live and work to life through a long-term ownership strategy and full suite of in-house capabilities. With a diverse commercial portfolio consisting of nearly three million square feet and 800 tenants across office, industrial, retail and mixed-use and approximately 2,000 owned and/or managed residential rental units across 22 unique communities, Larken Associates is deeply committed to the communities in which they work as well as the tenants and residents who call their buildings home. To learn more about Larken Associates, please visit us at https://www.larkenassociates.com/ and follow us on LinkedIn, Facebook, Twitter, and Instagram.