We all know that the West Coast is full of transplants from the Midwest and Atlantic fleeing the cold. But why settle for a shoe box in California when you can live it up like your favorite episode of Cribs in Arizona? Along with the Valley’s longstanding popularity as an escape for those from colder reaches, a number of factors are driving growth in property development across metro Phoenix. Here are nine residential developments coming soon to the Valley.
Developer Mark Taylor’s characteristic style is perhaps the embodiment of what's called “luxury real estate.” Scottsdale's San Milan is the company's latest project. With an average size of 1,200 square feet per unit, this is a natural choice for anyone unwilling to compromise on space, amenities, or location. Apartments at San Milan will be available from October of this year, and range from $1200 a month for 800 square feet to $2500 per month for 1500-square foot units. More information available at www.mark-taylor.com/arizona/san-milan.
Quite often developers have their sights set on transitional neighborhoods, which represent good investments but require some time for surroundings to come into their own. Not so with Uptown Row, the latest project by award-winning design firm The Ranch Mine. Located in Pierson Place Historic District near Camelback Road and Seventh Avenue, Uptown Row is set within a charming residential area with a uniquely urban character, and has strong connectivity with the rest of Phoenix. The complex is set for completion in 2016, with row-style homes starting at $389,000. See details at www.uptownrowphx.com.
With tech, culture, and nightlife, the Central Avenue corridor is a hub for new economy. And as such, Edison Midtown was clearly conceived with an eye toward the young professional. Whether you want to satisfy your need for culture at the Phoenix Art Museum or engage in more low-brow pursuits at the George and Dragon, an array of local amenities are all within walking distance. Move-in dates for the $40 million condo complex building are currently set as fall of 2016. Join the list at www.liveatedison.com.
Historic Power Apartments
With so many new developments in Phoenix, it would be easy to assume that the Valley is a mess of strip malls and post-modern fiberglass. But there are a number of developers actively working to preserve the area’s architectural heritage and historic housing stock. Building on the success of other adaptive reuse projects in Roosevelt Row, ABI Multifamily intends to revert these early 20th century apartments back to their original usage after serving as offices units for several decades. For the latest news on the Historic Power Apartments as it happens, check out www.abimultifamily.com.
Containers On Grand
Containers on Grand has perhaps generated more media interest than any other residential development in the Valley. To be sure, of all the entries on this list the design of COG is certainly the most distinctive. Following the example of projects like Keetwonen in Amsterdam, and Box Park in London, the arrival of cutting edge architecture like COG illustrates the extent to which development and design innovation in Phoenix is on par with the rest of the world. Units will be available from November 1st of this year, stay updated at www.containersongrand.com
En Hance Park
Roosevelt Row has quickly become some of the most desirable real estate in the Valley, and developers like Sencorp – designers of En Hance Park – have been quick to recognize this trend. Just two blocks from the Roosevelt and Central Valley Metro station, En Hance Park offers residents a relatively affordable entry point into a highly coveted location. Units will be ready for move-in from July 15th 2016, and start at $150k. See more at www.ensperience.com.
4 TwentyOne West
With their impressive, Brownstone-inspired façade and expansive interiors, the townhomes of 4 TwentyOne West in Tempe are perhaps the natural choice for the best and brightest new ASU grads. Units start in the mid-300’s and will be available from September, a third of which are already sold out. A portion of the sales at 4 TwentyOne West will be donated towards the Casa Center for Positive Social Change. More information available at www.421west.com.
In every major city, there is perhaps no more desirable commodity than green open space. After successfully completing their Portland Place community in 2007, Habitat Metro have moved on to the brand’s second phase at Margaret T Hance Park. Move in dates begin October 2016, and continue through December 2016. Prices start at $230,000 ranging up to approximately $1,250,000 for 3 bedroom, 1,900 square foot penthouse units. Sign up at www.portlandparkcondos.com.
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There has been much talk of the urbanization of Tempe. But as one of the first residential developments on Tempe Town Lake, the modern yet modest four stories of SALT don't threaten to alter the skyline all that radically. The complex is well amenitized with two pools, spa, a yoga lawn and gym. SALT is currently scheduled for completion in 2016, but you can keep tabs on new developments by joining their mailing list atwww.salt-tempe.com