Newport Beach, California-based Sares Regis Group of Northern California has converted a 6-acre parking lot into market-rate and affordable apartments in Mountain View, California’s North Bayshore neighborhood, approximately 35 miles south of San Francisco, according to a news release shared with Multifamily Dive.

The property opened Feb. 13 with two out of three phases complete, including 203 units and a five-story parking garage; 100 more units are expected in the third phase. San Jose, California-based SBI Builders is the general contractor.

Designed by Oakland, California-based architect Studio T Square, the property features a palette of off-white exteriors and light woods and geometric dark metal accents. Its unit mix includes one-, two- and three-bedroom apartments with sustainable features and contemporary finishes, according to the release. Thirty apartments are designated as affordable. 

Amenities include a lap pool, a jacuzzi, a fitness center and yoga studio, multiple roof terraces, a work-from-home center and pet care facilities.

The property is situated near Mountain View’s North Bayshore Master Plan, a 153-acre master-planned community developed by Google. Major tech employers in the immediate area include Google, LinkedIn, Intuit and Microsoft, among many others. 

All four companies have adopted hybrid return-to-office policies, which is known to raise demand for nearby housing among employees.

“Avelle Apartments is a welcomed addition to Mountain View, expanding access to high-quality housing in our community,” said Mountain View Mayor Ellen Kamei during the property’s grand opening. “This development is increasing much-needed housing, including below-market units, in our city and provides another option for people to live where they work and play.”