Urban Building Workshop (UBW,) an architecture and real estate development firm based in San Francisco, in partnership with Partners Capital Solutions (PCS) is proud to announce the acquisition of Ventana on First, a 50-unit, multi-family development opportunity one mile west of downtown Napa, CA.
UBW’s architects and consultants redesigned and permitted the badly needed rental housing project on a site that had been unable to secure funding or start building for more than a decade.
None of this would have been possible without the steadfast commitment of our capital partner PCS, who never blinked despite several nationwide disruptions in 2020, and BLVD Residential, our strategic partner in property management, who advised us through near-constant shifts in the market.
Our architects reconfigured the unit mix to include more two-bedroom/two-bath units, added laundry in all units, and provided direct-access parking. We reduced costs by modernizing floor plans, maximizing windows, and increasing ceiling height. The project is also optimized for near-net-zero energy usage and includes electric-car charging stations.
We are grateful to our design team, which includes FTF Engineering, West Coast Civil, Emerald City Engineers, and MacNair Landscape Architecture.
With a targeted completion of early 2025, Ventana on First will bring one-bedroom/one-bath and two-bedroom/two-bath market-rate units to lease and help alleviate Napa’s housing shortage.
We are excited to work with our team to bring this fresh, modern community to life and participate in the continued enhancement of Napa!