About Windflower Block 2
Cushman & Wakefield has been retained by Windflower Properties ("Sponsor") to offer for capitalization Windflower 2 at Union City ("Windflower 2" or the "Property").
Windflower 2 at Union City is an entitled 504 unit, 100% market rate multifamily development expected to break ground in 2020. The Property is currently a ±3.5 acre parking lot situated in Union City’s Station District, a master planned neighborhood with instant access to the Union City BART station transit hub. Windflower Properties is the master residential developer for the Station District and plans to build a luxury LEED Gold multifamily community that will offer the premier apartment living experience in the submarket.
With a centralized San Francisco Bay Area location and unrivaled transportation infrastructure, the site benefits from seamless connectivity to downtown San Francisco and the heart of Silicon Valley. Union City’s strategic access to the most innovative companies in the world has positioned it as one of the region’s top income growth submarkets. Median household incomes in Union City are forecasted to grow 14% by 2024, to $125,207 annually; while the number of local households with annual incomes greater than $150,000 is expected to grow 26% during this same time. As a fully amenitized community located adjacent to the Union City BART station transit hub, the Property will offer the high end, transit-oriented living experience critical to attracting the region’s most affluent tenants.