Madrone Apartments - Prometheus Real Estate Group: Grand Winner/Apartment Renovation

Project Stats

Location: Mountain View, Calif.
Developer: Prometheus Real Estate Group
Architect: Christiani Johnson Architects
Builder: West Builders
Opened: February 2015
Number of units: 272
Rents: $3,272 to$4,282

At the heart of this renovation in Mountain View, Calif., is its location. Madrone sits in an epicenter of Silicon Valley employers, and only two miles from Google's world headquarters, but is situated among established redwoods and other trees, offering a peaceful escape from the stressful work lives of its residents.

First on the agenda for San Mateo, Calif.–based developer Prometheus Real Estate Group was updating the old community to the standards of today's tech-savvy demographic. The team removed the front 50 units, renewing the community's appearance with 134 new units featuring open floor plans and oversized windows to maximize natural light.

To update the existing buildings in the back, the developer added new decks and railings and painted the exteriors to blend with the new buildings. The team also upgraded the electrical system to accommodate in-unit washers and dryers and air-conditioning.

Unit renovations included hardwood floors, new cabinets, granite countertops, and top-of-the line appliances and fixtures. Additionally, the team redesigned the main entrance and signs and eliminated above-ground power lines to remove any sense of incongruent technology in this park-like environment.

One of the starkest transitions in the renovation occurs in the pool area and clubhouse. Surrounding the pool used to be an old, tall, wooden fence that blocked off the pool from the surrounding view of the redwoods. In its place, Prometheus put up a glass fence that cordons off the pool without disrupting the scenery.

Nearby, an outdoor living room was created with an alfresco kitchen, fire pit, and lounge area where residents can take advantage of the California weather. The clubhouse renovation offers a more-contemporary lounging space and a desk-less leasing office that presents potential tenants with a relaxed first impression of the community.

The renovations at Madrone effectively boosted rents nearly $650 per unit and increased the property's value by $68.7 million.