{"id":19128,"date":"2026-06-02T01:51:53","date_gmt":"2026-06-02T06:51:53","guid":{"rendered":"https:\/\/1reason.com\/re\/alpha-residential-wins-naiop-pittsburgh-best-multifamily-project-award-for-apex-newbury\/19128\/"},"modified":"2026-06-02T20:51:53","modified_gmt":"2026-06-03T01:51:53","slug":"alpha-residential-wins-naiop-pittsburgh-best-multifamily-project-award-for-apex-newbury","status":"publish","type":"post","link":"https:\/\/1reason.com\/re\/alpha-residential-wins-naiop-pittsburgh-best-multifamily-project-award-for-apex-newbury\/19128\/","title":{"rendered":"Alpha Residential Wins NAIOP Pittsburgh Best Multifamily Project Award for Apex Newbury"},"content":{"rendered":"<div> The award, presented by the Pittsburgh chapter of the Commercial Real Estate Development Association, recognizes excellence in real estate development across the greater Pittsburgh region.  <\/p>\n<p align=\"justify\">\u201cWinning this is genuinely encouraging for our whole team,\u201d said Jide Famuagun, CEO of Alpha Residential. \u201cWe work hard to do right by our residents, building thriving communities worth living in \u2014 and to have that recognized by NAIOP Pittsburgh is meaningful.\u201d<\/p>\n<p>The development behind the award tells its own story. Apex Newbury opened in Fall 2025 as the only new upscale apartment community in Bridgeville, PA, situated along the I-79 corridor within the 300-acre Newbury Market Master Plan. The community was developed in direct response to a documented gap in South Fayette Township\u2019s housing market \u2014 a submarket with a median household income of approximately $106,000, population growth of nearly 3% annually, and strong proximity to Southpointe, the Parkway West corridor, and Pittsburgh International Airport.<\/p>\n<p>For Famuagun, the measure of success at Apex Newbury is simple. &#8220;The real signal for me is when a resident renews their lease not because moving is a hassle, but because they genuinely don&#8217;t want to leave. That&#8217;s what we&#8217;re building toward at Apex Newbury,&#8221; he said.<\/p>\n<p align=\"justify\">Apex Newbury\u2019s 277 homes average 918 square feet across one-bedroom, two-bedroom, and two-bedroom den floor plans. The community\u2019s amenities and design were built around how residents live \u2014 including a makerspace, dedicated workshare and private meeting spaces, smart home technology, a saltwater pool, and a rideshare waiting area. A 139-unit Phase II is planned as the next milestone within the Newbury Market Master Plan.<\/p>\n<p>Apex Newbury is the first of several ground-up communities Alpha Residential has planned for the Pittsburgh region. Apex Diamond Ridge, the company&#8217;s next development, is slated to open in Spring 2028.<\/p>\n<p>Apex Newbury is now open and welcoming residents at 2200 Alpha Drive, Bridgeville, PA 15017. More details at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=_2dzKMPeOYvCh9LOg_bVFXFN-EMQGWKTdazwTJHeOalsdPW88axz-zWyv01bqIMdMaS-AdgOJsU8FNJf71iqMCsEd9LrxIaWkU0xE8st_Uo=\" rel=\"nofollow noopener\" target=\"_blank\" title=\"www.liveatnewbury.com\">www.liveatnewbury.com<\/a>.<\/p>\n<p><strong>About Alpha Residential<\/strong><strong>\u202f<\/strong><strong \/><br \/>Alpha Residential is a vertically integrated real estate investment firm with in-house teams thatacquire, develop, and manage multifamily communities in select Midwest and Southeast markets. The firm aims to champion prosperity for its investors, employees, and residents through innovation. As ofJanuary 31, 2026, the firm owns 15+ communities in strategic growth markets, including transformational investments in opportunity zones and beyond. Foradditionalinformation, please visit<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=W-BeQoKvNDInhgkiNP55BCg0-GdJ93n1dwsrXrZ442dyL_7XVtJdW99QSbMgxnWgZL8vnLQG4lAsJV5B1fGWschkHiHrEd4tmEFLPhEMsBOR-reEC32SV2AFPjBCarIn19qI6yW7rAD3943W14AJzuBCefmGb5O81KgeXYl9ik97iLzio9D40wAUcGYcfzk-RndRX8aQocfDUKsLdW753oiTPHllxDu6W3dCF8CwItoBeMbRCzdI-KPTIWY2Uzhu2PwUsVYKKeuVfC1JqN09NQ==\" rel=\"nofollow noopener\" target=\"_blank\" title=\"\"><u>www.alpharesidential.com<\/u><\/a><\/p>\n<pre>CONTACT: Contact&#013;\nLola Soyebo Harris&#013;\nMedia Relations&#013;\npress@alpharesidential.com<\/pre>\n<p><img alt=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" class=\"lazyload\" data-src=\"https:\/\/ml.globenewswire.com\/media\/YzM0NzMxMDQtNGVjMC00NmNlLTgzM2UtYzk0YzRjODViY2QwLTExMTA3MzktMjAyNi0wNi0wMi1lbg==\/tiny\/Alpha-Residential.png\"><\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<p>South Fayette Township\u2019s only new upscale apartment community recognized for thoughtful, resident-first design<\/p>\n<p align=\"justify\">PITTSBURGH, June 02, 2026 (GLOBE NEWSWIRE) &#8212; Alpha Residential has been named the recipient of the NAIOP Pittsburgh Best Multifamily Project award for Apex Newbury, a 277-unit apartment community located in South Fayette Township, 10 miles southwest of Downtown Pittsburgh.<\/p>\n<\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[11],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19128"}],"collection":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/comments?post=19128"}],"version-history":[{"count":1,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19128\/revisions"}],"predecessor-version":[{"id":19131,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/posts\/19128\/revisions\/19131"}],"wp:attachment":[{"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/media?parent=19128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/categories?post=19128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/1reason.com\/re\/wp-json\/wp\/v2\/tags?post=19128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}