We are proud to announce that Gary Banner CCIM and Sr. Market Analyst represented TRU Development Co., at the distinguished
Stanford Professionals In Real Estate – SPIRE Conference held at the Waldorf Astoria Beverly Hills on January 8, 2019.
Hosted by Standard Management, Sam Freshman.
The conference drew real estate professional alums from both Stanford and Harvard universities. Moderated by Bill Schumann of Standard Management. The panelist include: Gary Banner- TRU Development, Teo Nicolais – Harvard Extension School, Michael Cohen – Costar Group, Philip Cohen – Mansfield Equities, George Taiu – National Associations of Realtors.
For more information please click the link below.
Kelly Kwasniewski, Development Logistics, stands at the site, KAKTUSlife I, to share exciting information on the first multi-family Green Design build here in the State of Nevada. Low E windows, low flow water fixtures, upgraded insulation, 16 SEER HVAC units, LED lighting, a solar array that is pegged to handle 5 percent of the energy load are all key elements to this design. Kelly mentions how the company is seeking Silver Leadership in Energy and Environmental Design Certification on its project. In addition to our energy efficiency model, each of the 210 units are designed with in-unit smart apartment technology and allows for voice automation with your favorite home assistant. TRU Development partnered with IOTAS on the smart tech benefits.
KAKTUSlife I offers future residents a connected co-living eco-system focused on sustainability and technology. For more information please click on the link:
JENNAIR brand is synonymous with quality and luxury for kitchen appliances. Any real estate agent advertising a single family home will include the word JENNAIR in their listing knowing the brand name will give their listing the necessary edge over the competition. For more than 50 years, JENNAIR has been touted for their innovation in kitchen appliances and design in residential real estate.
TRU Development recognized a gap in the multi-family market for luxury, quality kitchen appliances. Because TRU is focused on building relationships that will enhance the tenant experience, our team has partnered with JENNAIR for our KAKTUSlife Luxury Brand apartments. We believe that home begins in the kitchen where family and friends gather to prepare, celebrate and enjoy delicious meals together. KAKTUSlife is more than just an apartment its a home and a destination. JENNAIR is the name that we proudly display in all of our units for kitchen appliances. Our standard of luxury is a cut above the rest… KAKTUSlife
TRU Development is pleased to announce a portfolio partnership with IOTAS, IoT as a Service. TRU is the first Las Vegas multi-family developer to introduce this technology to the local market. IOTAS is a smart home solution designed for the multi-family environment. Our first project to feature this technology will be our Kaktus Life I project located at 10650 Dean Martin Dr., Las Vegas, NV 89141 which is scheduled to commence pre-leasing Q4 2018.
Click here to read more about TRU and IOTAS portfolio partnership
On June 14, 2018 City of Henderson planning commissioners unanimously approved our newest project Apex 582 located on the southeast corner of Boulder Highway and Galleria. This mixed-use site is situated on 19+/- acres and is slated for 336+/- multifamily units and 30,000+/- sq. ft. of retail. TRU Development has worked diligently alongside architect Ed Vance & Associates and the City of Henderson to achieve the approval.
The timing of this project is impeccable as the employment opportunities in the area ramp up and the market is pressed with affordable housing options. TRU promises to bring a quality product that you will want to call home.
Los Angeles residential development is thriving with a record breaking 2,831 units new to the market located at 11 projects. There is a combined 40,000 more units in the pipeline identified as under construction and proposed. With so many units hitting the market it will skew the percentages, however, the market is showing that these new units are being absorbed.
Wilshire Grand Center came online during this period as well and is touted as the ‘tallest structure in the Los Angeles skyline’. This massive skyscraper reaches 73 stories, offers 889 hotel rooms, restaurants and office complex.
A handful of retailers and restaurateurs have arrived in the expanding retail sector. To learn more about the thriving Downtown Los Angeles market check out the Q42017 Market Report Here.
It’s been one week since our official ground-breaking ceremony and we are still riding the wave of excitement that was generated during our ceremony. The attendee list was a knock out with Commissioner Brager, Mike Shannon, Brad Marlon – Ownership, Whiting Turner, Gina Slater – Pinnacle, Allen Kaercher – Kaercher Insurance, John Sawdon – SH Architecture, Dionicio Gordillo – Clark County Current Planning, Victor Fuchs – Helix Electric, Phil Baca – New Market Advisors, Stacy Howlett – Michaelson Law, Los Anaya Family, and Amber Cariker – Juice Standard.
The TRU Development team was overwhelmed with the support from everyone who came out to celebrate with us. Kaktus Life I is the flagship property for TRU Development. Everyone in attendance and so many more have been instrumental in seeing this project through to the vertical process. Kaktus Life I is promised to elevate the multi-family market with 210 units and approximately 21,600 square feet of retail space. Kaktus Life I is going to be the first multi-family with a silver LEED certification, the first with SOLAR power and the first with smart-home voice automated capabilities. Not only is this the first of its kind in the Las Vegas market it is the first of many for the TRU Development firm.
Our communities are built around our core values: human connection, sustainability, community, intelligence, resourcefulness and health consciousness. These core values transcend into the creative innovations that we are integrating throughout our communities. Kaktus Life I will be the only place that consumers look to for luxury rental homes.
We are looking to deliver the first units around December 2018. Stay tuned for more exciting updates about the Kaktus Life. For more information, please contact Kelly Kwasniewski at 702-545-0355.
On December 20, 2017, the Board of County Commissioners unanimously approved item 19 –
ZC-0827-17-SPANISH TOWERS FUNDING, LLC:
ZONE CHANGE to Urban Village – Mixed Use
USE PERMITS 1) High Impact Project 2) Increase Density 3) Increase Height
DESIGN REVIEW a proposed mixed-use development
Kaktus Life III is located at 8030 W. Maule Ave, Las Vegas, NV 89141 at the southwest end of the 215, commonly known as “The Curve at 215”. The 16-acre parcel is slated for 608 multi-family units and approximately 5,000 square feet of retail space.
Following the luxury class standards that have been established for the Kaktus Life brand by the Founder of TRU Development, Tim Deters, this apartment complex will transcend luxury and community that has yet to be seen from apartment living in Las Vegas. Solar energy, LEED certification, Smart Home technology and state-of-the-art fitness facility are just a few amenities that you can experience living in the luxury of Kaktus Life. Ed Vance and Associates is the contracted architect working with us to make this project come to life. They bring approximately 100 years of combined experience in design and architecture.
Demolition of the existing concrete structure commenced on September 27, 2017. For more information, please contact Kelly Kwasniewski at 702-545-0355 or visit our website www.trudevco.com.