LMC Announces Start of Leasing at Shift Apartments

SAN DIEGO, Jan. 10, 2018 /PRNewswire/ -- LMC, a leader in apartment development and management, today announced the start of preleasing at Shift, a luxury mixed-use community located in the East Village of San Diego just east of the Gaslamp Quarter.

Shift features 368 apartment homes, 19,000 feet of ground-floor retail and a top-of-the-line amenities package that includes a sky lounge with stunning views of the city and San Diego Bay. First move-ins at the 21-story, LEED Silver certified community are anticipated for January with retail outlets slated to begin opening in March.

"The East Village is becoming more vibrant by the day, and we're thrilled to join one of San Diego's most emerging neighborhoods," said Ryan Gatchalian, division president of Southern California for LMC. "We believe Shift's world-class design, high-end finishes and unmatched variety of prime amenities will be a unique addition to the neighborhood and create an unparalleled living experience for our residents."

Situated at 1501 Island Avenue, Shift features opportune access to many of the key attractions in the downtown corridor. The East Village is home to several tech startups, charismatic coffee shops and vibrant breweries and restaurants such as Mission Brewery, Bottega Americano, The Nolen and Mission Café. The community also sits within walking distance of the Art & Industry, Urban Discovery Academy and Quartyard, an immensely popular outdoor event space.

Shift also sits in a commuter-friendly location with the San Diego International Airport less than five miles to the northwest, the world renowned San Diego Zoo three miles north and Coronado Island easily accessible via the San Diego-Coronado Bridge about two miles south of the community. With the Pacific Coast Highway and Interstate 5 also in close proximity, residents will enjoy expedient access the city's notable employment centers and entertainment districts across the metropolitan area.

Shift consists of studio, 1- and 2-bedroom apartment homes ranging in square footage from 551 to 1,658. The sky lounge includes bar seating, barbecue grills and a fire pit. Additional community amenities include a sundeck and rooftop pool that further enhance the views of the city, seventh-floor sky terrace, lobby equipped with exclusive co-working space, 24-hour fitness and training facility with TRX, art-walk courtyard, EV charging stations, concierge service and onsite pet park.

Apartment interiors include modern two-tone cabinetry with under-mount lighting, quartz countertops, stainless-steel appliances, full ceramic-style backsplashes, hardwood-style flooring, keyless entry, full-size washers and dryers, expansive closets, designer plumbing fixtures in kitchens and baths, and full-height tile surrounds in bathtubs and showers. Residents also have access to smart-home features through Lutron Dream Suite by LMC, which provides access to lighting, shades and Nest thermostats through a smartphone. Select homes feature kitchen islands, walk-in showers and floor-to-ceiling windows.

Including Shift, LMC has five apartment communities in operation or under construction in the Southern California area. That includes Core (Anaheim), on pace to open in the spring of 2018, and Luma (San Diego), which will open in the summer of 2018.

About LMC
LMC, a wholly owned subsidiary of Lennar (NYSE:LEN), is a multifamily real estate development and operating company with a diverse portfolio of institutional quality multifamily rental communities across the US. LMC has a 24,400-unit pipeline of communities ranging from operating to under development that exceeds $8.4 billion and consists of high-rise, mid-rise and garden apartments.

LMC creates extraordinary communities where people can live remarkably.

www.LiveLMC.com

Media Contact                                              
Lindsey Bernhardt                                                        
LinnellTaylor Marketing                                            
303-682-3941                                                 
lindsey@linnelltaylor.com                        

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SOURCE LMC