{"id":1408,"date":"2024-02-09T12:35:31","date_gmt":"2024-02-09T16:35:31","guid":{"rendered":"https:\/\/graftelectric.com\/?p=1408"},"modified":"2024-02-15T12:41:44","modified_gmt":"2024-02-15T16:41:44","slug":"greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development","status":"publish","type":"post","link":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/","title":{"rendered":"Greystar Announces Groundbreaking of LTD. Spring Run, The Company’s First Modular Development"},"content":{"rendered":"

Modern Living Solutions Modular Apartments Coming off Assembly Line and Hiring in Knox, PA<\/em><\/p>\n

Coraopolis, PA \u2013 August 15, 2023<\/strong>\u00a0\u2013 Greystar Real Estate Partners, LLC (\u201cGreystar\u201d), a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, today announced the groundbreaking of Ltd. Spring Run, the first property made up entirely of units created in the\u00a0Modern Living Solutions (\u201cMLS\u201d)<\/a>\u00a0factory \u2013 Greystar\u2019s modular construction business focused on building off-site, prefabricated modular apartments sustainably and at an attainable price point under Greystar\u2019s dedicated impact housing brand, Ltd. by Greystar.<\/p>\n

<\/p>\n

MLS is currently hiring for several positions at the factory in Knox, Pennsylvania. Production at the factory is ramping up at an unprecedented pace, and this increased delivery drives the need for new team members. MLS is currently seeking enthusiastic candidates with no specific experience necessary, offering a sign-on bonus of $1,500 along with competitive wages and access to state-of-the-art facilities. To learn more about MLS career opportunities, visit the\u00a0Modern Living Solutions website<\/a>.<\/p>\n

\u201cWe are excited about the increase in production, and as this growth continues, we are looking for best-in-class talent to join our growing team here at the factory in Knox,\u201d said Andy Mest, Managing Director of Modern Living Solutions. \u201cWith the groundbreaking of Spring Run, we are eager to witness the realization of our first MLS-built community and actively seeking suitable land to bring more Ltd.-branded communities to life.\u201d<\/p>\n

This 312-unit project is the first of many in the pipeline for Greystar\u2019s dedicated brand for impact housing, Ltd. by Greystar, which focuses on delivering more attainable housing opportunities for key populations affected by the lack of rental options in the United States. Unique to the Ltd. brand, Greystar will create certainty of housing for existing renters by capping rent increases at the greater of CPI or 3%.<\/p>\n

\u201cAt Greystar, we are very aware of the acute undersupply of housing in markets like Pittsburgh,\u201d said Scott Berka, Senior Managing Director, Brand and Customer Experience. \u201cLtd. Spring Run is the first of many communities under Greystar\u2019s Ltd. brand that will provide high-quality housing at an attainable price point to critical workers like the teachers, nurses, and firefighters who are integral to our communities.\u201d<\/p>\n

The project site for Ltd. Spring Run is approximately 24 gross acres in Coraopolis, Pennsylvania, in the Pittsburgh metropolitan area, and delivery of the first units is expected in June 2024. The site is a
\nconvenient 7-minute drive from the Pittsburgh International Airport and retail along University Blvd, and a 25-minute drive to downtown Pittsburgh.<\/p>\n

About Modern Living Solutions, by Greystar
\nModern Living Solutions is a leading, fully integrated modular construction company offering expertise in the design, development, and delivery of modular construction residential real estate products. Headquartered in Baltimore, MD, with its state-of-the-art offsite manufacturing facility in Knox, PA, Modern Living Solutions develops thousands of modular products on behalf of dedicated partners and capital annually. Modern Living Solutions was founded in 2020 with the intent to become a provider of world-class services in the modular construction residential real estate business. To learn more, visit\u00a0https:\/\/www.modsbymodern.com<\/a>.<\/p>\n

About Ltd., by Greystar
\nLtd. by Greystar is Greystar\u2019s dedicated brand focused on impact housing that offers cost certainty for residents. Ltd. branded communities will limit future rent increases, not raising rents by more than the greater of the CPI or 3%. An Ltd. community combines the opportunity to live in a high-quality, professionally managed Greystar apartment with the comfort of cost certainty, emphasizing value for our residents. To learn more, visit\u00a0https:\/\/ltd.greystar.com<\/a>\/.<\/p>\n

About Greystar
\nGreystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $275 billion of real estate in 238 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages more than 803,000 units\/beds globally, and has a robust institutional investment management platform comprised of more than $74 billion of assets under management, including nearly $32 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit\u00a0www.greystar.com<\/a>.<\/p>\n

Greystar Media Inquiries
\nFTI Consulting<\/p>\n

Link to GreyStar Article:<\/strong> https:\/\/www.greystar.com\/about-greystar\/newsroom\/greystar-announces-groundbreaking-of-ltd-spring-run<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Modern Living Solutions Modular Apartments Coming off Assembly Line and Hiring in Knox, PA Coraopolis, PA \u2013 August 15, 2023\u00a0\u2013 Greystar Real Estate Partners, LLC (\u201cGreystar\u201d), a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, today announced the groundbreaking of Ltd. Spring Run, the first […]<\/p>\n","protected":false},"author":9,"featured_media":1412,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"yoast_head":"\nGreystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Greystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric\" \/>\n<meta property=\"og:description\" content=\"Modern Living Solutions Modular Apartments Coming off Assembly Line and Hiring in Knox, PA Coraopolis, PA \u2013 August 15, 2023\u00a0\u2013 Greystar Real Estate Partners, LLC (\u201cGreystar\u201d), a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, today announced the groundbreaking of Ltd. Spring Run, the first […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/\" \/>\n<meta property=\"og:site_name\" content=\"Graft Electric\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-09T16:35:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-15T16:41:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-1030x686.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1030\" \/>\n\t<meta property=\"og:image:height\" content=\"686\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"sara rogers\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sara rogers\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/\",\"url\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/\",\"name\":\"Greystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric\",\"isPartOf\":{\"@id\":\"https:\/\/graftelectric.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg\",\"datePublished\":\"2024-02-09T16:35:31+00:00\",\"dateModified\":\"2024-02-15T16:41:44+00:00\",\"author\":{\"@id\":\"https:\/\/graftelectric.com\/#\/schema\/person\/3b4776b84a7aec5866828c645a615d71\"},\"breadcrumb\":{\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage\",\"url\":\"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg\",\"contentUrl\":\"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg\",\"width\":2560,\"height\":1705},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/graftelectric.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Greystar Announces Groundbreaking of LTD. Spring Run, The Company’s First Modular Development\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/graftelectric.com\/#website\",\"url\":\"https:\/\/graftelectric.com\/\",\"name\":\"Graft Electric\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/graftelectric.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/graftelectric.com\/#\/schema\/person\/3b4776b84a7aec5866828c645a615d71\",\"name\":\"sara rogers\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/graftelectric.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/b990073fb65d65a72182e0b7c5d59d3f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/b990073fb65d65a72182e0b7c5d59d3f?s=96&d=mm&r=g\",\"caption\":\"sara rogers\"},\"sameAs\":[\"https:\/\/graftelectric.com\/\"],\"url\":\"https:\/\/graftelectric.com\/author\/isynergysara\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Greystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/","og_locale":"en_US","og_type":"article","og_title":"Greystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric","og_description":"Modern Living Solutions Modular Apartments Coming off Assembly Line and Hiring in Knox, PA Coraopolis, PA \u2013 August 15, 2023\u00a0\u2013 Greystar Real Estate Partners, LLC (\u201cGreystar\u201d), a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, today announced the groundbreaking of Ltd. Spring Run, the first […]","og_url":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/","og_site_name":"Graft Electric","article_published_time":"2024-02-09T16:35:31+00:00","article_modified_time":"2024-02-15T16:41:44+00:00","og_image":[{"width":1030,"height":686,"url":"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-1030x686.jpg","type":"image\/jpeg"}],"author":"sara rogers","twitter_card":"summary_large_image","twitter_misc":{"Written by":"sara rogers","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/","url":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/","name":"Greystar Announces Groundbreaking of LTD. Spring Run, The Company's First Modular Development - Graft Electric","isPartOf":{"@id":"https:\/\/graftelectric.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage"},"image":{"@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage"},"thumbnailUrl":"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg","datePublished":"2024-02-09T16:35:31+00:00","dateModified":"2024-02-15T16:41:44+00:00","author":{"@id":"https:\/\/graftelectric.com\/#\/schema\/person\/3b4776b84a7aec5866828c645a615d71"},"breadcrumb":{"@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#primaryimage","url":"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg","contentUrl":"https:\/\/graftelectric.com\/wp-content\/uploads\/2023\/08\/0573_SpringRun_1-16-24_0021-1-scaled.jpg","width":2560,"height":1705},{"@type":"BreadcrumbList","@id":"https:\/\/graftelectric.com\/greystar-announces-groundbreaking-of-ltd-spring-run-the-companys-first-modular-development\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/graftelectric.com\/"},{"@type":"ListItem","position":2,"name":"Greystar Announces Groundbreaking of LTD. Spring Run, The Company’s First Modular Development"}]},{"@type":"WebSite","@id":"https:\/\/graftelectric.com\/#website","url":"https:\/\/graftelectric.com\/","name":"Graft Electric","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/graftelectric.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/graftelectric.com\/#\/schema\/person\/3b4776b84a7aec5866828c645a615d71","name":"sara rogers","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/graftelectric.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/b990073fb65d65a72182e0b7c5d59d3f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b990073fb65d65a72182e0b7c5d59d3f?s=96&d=mm&r=g","caption":"sara rogers"},"sameAs":["https:\/\/graftelectric.com\/"],"url":"https:\/\/graftelectric.com\/author\/isynergysara\/"}]}},"_links":{"self":[{"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/posts\/1408"}],"collection":[{"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/comments?post=1408"}],"version-history":[{"count":4,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/posts\/1408\/revisions"}],"predecessor-version":[{"id":1411,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/posts\/1408\/revisions\/1411"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/media\/1412"}],"wp:attachment":[{"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/media?parent=1408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/categories?post=1408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/graftelectric.com\/wp-json\/wp\/v2\/tags?post=1408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}