The Tam Ridge Residences in Corte Madera is finally accepting applications — but you’ll need to shell out at least $3,150 a month to live there.
That’s the going rate for the lowest-priced 600-square-foot, one-bedroom apartment in one of Marin County’s highest-profile complexes where rents reach $5,200 for a three-bedroom, two-bath townhouse. The leasing office opened Thursday and management expects new residents to move in by mid-July.
“It’s commensurate with market demand,” said Julie Chase, spokeswoman for MacFarlane Partners, the San Francisco-based developer that owns the 180-unit complex at the former WinCup foam manufacturing plant.
“We are competing with properties at this level of size and that offer comparable amenities,” she said.
She noted that there is an email list of more than 4,000 people who have inquired about renting via the tamridgemarin.com website: “We are offering the amenities that meet their demands.”
The Tam Ridge Residence apartment complex is comprised of six buildings, three and four stories tall, on 4.5 acres at 195-205 Tamal Vista Blvd. near Highway 101. Three years behind schedule, the development has become a symbol for residents opposed to high-density housing.
The size of each unit varies, but the one-bedroom apartments average 775 square feet; two-bedroom apartments are about 1,090 square feet, and the three-bedroom, three-story townhouses average 1,290 square feet. See story in the Marin IJ HERE