The Michaels Organization in partnership with Artemis Real Estate Partners has plans to develop 3820 Chiles, a new 225-unit market-rate multifamily community to be built along Chiles Road in Davis, Calif. The $82 million project has broken ground and is expected to be completed in the first quarter 2023.
“We are very excited about this development opportunity, which will provide much-needed new multifamily housing in a supply-constrained market. We look forward to providing Davis with a class A product that hasn't been developed in decades,” said John O'Donnell, CEO of The Michaels Organization.
Situated on 7.2 acres, in close proximity to shopping and other community amenities, 3820 Chiles Road will feature three main residential buildings: two elevator-served buildings and one three-story walkup, all centered on a concept of courtyards connected by a pedestrian walkway highlighted by colorful trees and native grasses.
Community amenities will include a la
