The Residences at Montgomery Quarter today was named the 2024 Multifamily Development of the Year CoStar Impact Award winner in the Cincinnati/Dayton market. Winners—chosen for their growth, diversification, and ability to overcome unique challenges in their markets—were selected from a panel of more than 660 industry professionals drawn from each respective market.
Montgomery Quarter recently started Phase II of the $150 million development; The Residences at Montgomery Quarter Phase I completed 148 units of multi-family and Phase II will see the addition of 239 more multi-family units. Phase I Residences are currently 90% leased.
These luxury apartments in the Montgomery Quarter development offer both one- and two-bedroom units as well as townhouse and garden-style plans that range from approximately $1,300 to $4,200 a month. Modern features, like quartz countertops, stainless steel appliances, and oversized closets are available to residents to enjoy in their homes. Conveniently located in the heart of Montgomery, residents get to enjoy shopping, dining, and entertainment all within walking distance of their homes.
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 that have significantly influenced neighborhoods or submarkets across 128 major international markets in the United States, Canada, and the United Kingdom. The awards honored over 380 winners for their CRE transactions across five categories: Lease of the Year, Sale/Acquisition of the Year, Commercial Development of the Year, Multifamily Development of the Year and Redevelopment of the Year.
“Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape,” said Andy Florance, Founder and Chief Executive Officer of CoStar Group. “Our diverse panel of judges worked diligently to identify the most impactful commercial real estate projects across a range of categories that are shaping the future of the industry and the communities in which they serve. It’s an honor to recognize the companies and projects propelling the real estate sector forward.”
To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.com/.