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ABI Multifamily: Phoenix Metro Apartment Construction Pipeline 1Q 2015
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Transcript of ABI Multifamily: Phoenix Metro Apartment Construction Pipeline 1Q 2015
John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com
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Recently Completed (Past 12 Months)
Total # of Units: 3,921Total # of Properties: 16
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com
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John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Completion Date Developer
1 Camden Foothills 18245 North Pima Road, Scottsdale, AZ 85255 220 1/13/2015 Camden Property Trust
2 Liv Northgate 455 South Recker Road, Gilbert, AZ 85296 254 12/16/2014 Investment Property Associates
3 Avilla San Marcos I 901 South Alma School Road, Chandler, AZ 85224 112 10/17/2014 Alta Vista Communities
4 Liv North Scottsdale 15509 North Scottsdale Road, Scottsdale, AZ 85254 240 10/16/2014 Investment Property Associates
5 Elan at Desert Ridge 21155 North 56th Street, Phoenix, AZ 85054 370 10/14/2014 Greystar Real Estate Partners
6 Jefferson at One Scottsdale 7355 East Thompson Peak Pkwy, Scottsdale, AZ 85255 388 9/9/2014 TDI Real Estate
7 Vive Distinctive Living 1901 West Germann Road, Chandler, AZ 85286 194 9/9/2014 P.B. Bell Companies, The
8 CityScape Residences 11 South Central Avenue, Phoenix, AZ 85004 225 8/29/2014 Red Development
9 San Capella 1155 West Elliot Road, Tempe, AZ 85284 384 8/29/2014 Mark-Taylor
10 Elevation Chandler 2300 West Pecos Road, Chandler, AZ 85224 163 8/26/2014 Vedura Residential
11 Highland Groves at Morrison Ranch 105 North Beebe Street, Gilbert, AZ 85234 228 7/29/2014 P.B. Bell Companies, The
12 Cactus 42 4242 East Cactus Road, Phoenix, AZ 85032 200 7/24/2014 Southwest Next/Cachet Homes
13 Broadstone Lincoln 7100 East Lincoln Drive, Scottsdale, AZ 85253 264 6/23/2014 Alliance Residential Company
14 Indigo 16160 South 50th Street, Phoenix, AZ 85048 100 6/6/2014 Goodman Real Estate
15 Avenue 25 18250 North 25th Avenue, Phoenix, AZ 85023 254 4/25/2014 NextGen Apartments
16 SkySong 1301 North Scottsdale Road, Scottsdale, AZ 85257 325 4/25/2014 Arizona State University Foundation
RECENTLY COMPLETED (PAST 12 MONTHS) 3,921
Property Name
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Under ConstructionTotal # of Units: 13,321Total # of Properties: 56
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
1 Escobedo Park 200 East University Drive, Mesa, AZ 85201 62 12/1/2014 Gorman & Company
2 El Rancho del Arte 719 East Main Street, Mesa, AZ 85203 66 8/14/2014 Community Development Partners
3 9920 Phase II 9920 West Camelback Road, Phoenix, AZ 85037 68 9/1/2014 Kuljit Grewal
4 University House Phase II 323 East Veterans Way, Tempe, AZ 85282 72 5/1/2014 University House Communities
5 Virginia on 3rd 333 East Virginia Avenue, Phoenix, AZ 85004 74 2/20/2015 Native American Connections
6 Arcadia Gardens 3101 North 32nd Street, Phoenix, AZ 85018 76 4/1/2014 US Investment Realty
7 Union at Roosevelt West Roosevelt Street & North 1st Avenue, Phoenix, AZ 85003 80 3/15/2015 Metro West Development
8 Santana Ridge SEC South Gilbert Road & East Markwood Drive, Chandler, AZ 85286 112 10/1/2014 Blank Property Group
9 Avilla Palm Valley 4178 North Falcon Drive, Goodyear, AZ 85395 125 9/30/2014 NexMetro Communities
10 Standard, The 6825 East Main Street, Scottsdale, AZ 85251 134 11/1/2014 Trinsic Residential Group
11 11 Capital Place NWC East Washington Street & South 11th Street, Phoenix, AZ 85034 140 10/15/2014 Epoch Properties
12 Avilla San Marcos II 900 South Alma School Road, Chandler, AZ 85224 145 1/15/2014 Alta Vista Communities
13 Park 28 4114 North 28th Street, Phoenix, AZ 85014 152 8/25/2014 Evergreen Development
14 12 Capital Place SEC East Washington Street & North 12th Street, Phoenix, AZ 85034 152 8/1/2014 Epoch Properties
15 Verde Dimora 2217 North Power Road, Mesa, AZ 85215 153 2/15/2015 Kauffman Homes
16 Las Aguas 6640 East McDowell Road, Scottsdale, AZ 85257 154 2/1/2015 Chason Properties
17 Cottages of Tempe, The 708 South Lindon Lane, Tempe, AZ 85281 159 10/1/2014 Capstone Companies
18 Place One Redevelopment 7045 North 7th Street, Phoenix, AZ 85020 171 9/1/2013 Antonio Aguilera
19 View at Cascade, The 18575 North Scottsdale Road, Scottsdale, AZ 85255 187 7/1/2014 P.B. Bell Companies, The
20 @51 1615 East Georgia Avenue, Phoenix, AZ 85016 191 4/1/2014 Smithfield Properties
Property Name
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
21 Aura on Broadway, The 1245 East Broadway Road, Tempe, AZ 85282 194 3/15/2015 CNL Growth Properties
22 Vertex 1050 South Terrace Road, Tempe, AZ 85281 213 2/24/2014 Blue Vista Capital Group
23 SEVEN 19800 North 7th Street, Phoenix, AZ 85024 216 2/15/2014 NextGen Apartments
24 Alta Scottsdale 8444 East Indian School Road, Scottsdale, AZ 85251 218 12/15/2013 Wood Partners
25 Place at Santana Village, The 7606 West Peoria Avenue, Peoria, AZ 85345 224 1/8/2015 Clark-Wayland Builders
26 Broadstone Sixteen 75 1675 East Morten Avenue, Phoenix, AZ 85020 225 2/1/2014 Alliance Residential Company
27 Camden Hayden 800 East Curry Road, Tempe, AZ 85281 234 11/1/2013 Camden Property Trust
28 Escape Modern Living NWC North 16th Street & East Highland Avenue, Phoenix, AZ 85016 244 6/15/2014 P.B. Bell Companies, The
29 Broadstone Waterfront 7025 East Via Soleri Drive, Scottsdale, AZ 85251 259 2/8/2013 Alliance Residential Company
30 SALT 260 East Rio Salado Pkwy, Tempe, AZ 85281 265 10/1/2014 OliverMcMillan
31 Elevation Central 4650 North Central Avenue, Phoenix, AZ 85012 266 5/12/2014 Vedura Residential
32 Crescent Scottsdale Quarter 15345 North Scottsdale Road, Scottsdale, AZ 85260 275 11/20/2013 Crescent Communities
33 Alta Paradise Ridge 18000 North 68th Street, Phoenix, AZ 85054 278 11/10/2014 Wood Partners
34 Optima Sonoran Village Phase II 6801 East Camelback Road, Scottsdale, AZ 85251 283 10/1/2013 Optima
35 Velaire at Aspera 7700 West Aspera Blvd, Glendale, AZ 85308 286 3/1/2015 P.B. Bell Companies, The
36 VELA at Town Lake 555 North College Avenue, Tempe, AZ 85281 290 2/6/2015 Transwestern
37 Alta Tempe 1260 East University Drive, Tempe, AZ 85281 296 12/15/2013 Wood Partners
38 San Privada 1480 East Pecos Road, Gilbert, AZ 85295 296 8/26/2013 Mark-Taylor
39 Trillium 44 111 North Dupont Circle, Phoenix, AZ 85034 297 5/15/2014 Trillium Residential
40 Alta Steelyard Lofts 353 South Washington Street, Chandler, AZ 85225 301 8/25/2014 Wood Partners
Property Name
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
41 Met at Fashion Center, The 3657 West Chandler Blvd, Chandler, AZ 85226 303 10/1/2014 HCW
42 Residences at Camelback 4900 North 44th Street, Phoenix, AZ 85018 312 8/1/2014 JLB Partners
43 Stetson, The 7350 East Stetson Drive, Scottsdale, AZ 85251 316 2/15/2014 Alliance Residential Company
44 Jefferson on Legacy 7340 East Legacy Blvd, Scottsdale, AZ 85255 322 2/3/2014 TDI Real Estate
45 Residences at Fountainhead Corporate Park2520 South Plaza Drive, Tempe, AZ 85282 322 1/10/2014 Goodman Real Estate
46 Skywater at Town Lake 601 West Rio Salado Pkwy, Tempe, AZ 85281 328 5/24/2013 Lennar Corporation
47 Hanover Mill Avenue 101 West 5th Street, Tempe, AZ 85281 341 12/15/2013 Hanover Company, The
48 56 North 21021 North 56th Street, Phoenix, AZ 85054 344 12/15/2013 Greystone Group
49 San Sonoma 9010 South Priest Drive, Tempe, AZ 85284 362 3/1/2014 Mark-Taylor
50 Moderne, The 4848 North Goldwater Blvd, Scottsdale, AZ 85251 367 4/1/2013 JLB Partners
51 Country Club Drive & Baseline Road2318 South Country Club Drive, Mesa, AZ 85210 372 12/28/2014 Mark-Taylor
52 Camden Chandler 2777 South Arizona Avenue, Chandler, AZ 85286 380 5/1/2014 Camden Property Trust
53 Scottsdale Road & Princess Drive6975 East Princess Drive, Phoenix, AZ 85054 388 6/15/2014 Mark-Taylor
54 Almeria at Ocotillo 2471 West Edgewater, Chandler, AZ 85248 389 3/1/2013 P.B. Bell Companies, The
55 Liv Ahwatukee 16025 South 50th Street, Phoenix, AZ 85048 402 4/15/2013 Investment Property Associates
56 San Travesia 7501 East McDowell Road, Scottsdale, AZ 85257 440 11/1/2013 Mark-Taylor
TOTAL 13,321
Property Name
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PlannedTotal # of Units: 15,947Total # of Properties: 62
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
1 La Mesita Phase III 2254 West Main Street, Mesa, AZ 85201 50 Planned A New Leaf
2 802 North 4th Avenue 802 North 4th Avenue, Phoenix, AZ 85003 50 Planned Canwood Enterprise
3 Landmark Senior 8280 North 59th Avenue, Glendale, AZ 85302 52 Planned Native American Connections
4 Row, The East Roosevelt Street & North 2nd Street, Phoenix, AZ 85004 56 Planned Urban Development Partners
5 Oak Creek Redevelopment 801 West Turney Avenue, Phoenix, AZ 85013 60 Planned Momentum Brokers
6 3541 East Van Buren Street 3541 East Van Buren Street, Phoenix, AZ 85008 90 Planned Chicanos Por La Causa
7 Victory Place IV 9th Street & Jones Avenue, Phoenix, AZ 85040 96 Planned Cantwell - Anderson
8 1000 East Bell Road 1000 East Bell Road, Phoenix, AZ 85022 100 Planned Evergreen Development
9 El Caro Senior Residences 8025 North 21st Avenue, Phoenix, AZ 85021 102 Planned Charles S. Davis
10 Barrister Place SEC Central Avenue & Jefferson Street, Phoenix, AZ 85004 114 Planned P.B. Bell Companies, The
11 Proxy 333 SWC North 4th Street & East McKinley Street, Phoenix, AZ 85004 118 Planned Goodman Real Estate
12 8221 North 23rd Avenue 8221 North 23rd Avenue, Phoenix, AZ 85021 122 Planned WESCAP Real Estate Services
13 Frank Luke Family 675 North 16th Street, Phoenix, AZ 85006 130 Planned City of Phoenix Housing Department
14 San Travesia Phase II 7501 East McDowell Road, Scottsdale, AZ 85257 132 Planned Mark-Taylor
15 Concord Station NEC Cave Creek Road & Union Hills Drive, Phoenix, AZ 85024 140 Planned JTF Development Partners
16 Liv Northgate Phase II South Recker Road & East Warner Road, Gilbert, AZ 85296 148 Planned Investment Property Associates
17 District Lofts, The North Oak Street & West Cullumber Avenue, Gilbert, AZ 85296 164 Planned Colin Brown
18 Falcon Pointe at Pinelake SEC East Ocotillo Road & South Pinelake Way, Chandler, AZ 85249 176 Planned Jim Runner
19 West University Drive & South Ash AvenueNWC West University Drive & South Ash Avenue, Tempe, AZ 85281 187 Planned Alberta Development Partners
20 Broadstone Central 3450 North Central Avenue, Phoenix, AZ 85012 192 Planned Alliance Residential Company
Property Name
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
21 Ray Road NEC Ray Road & Arizona Avenue, Chandler, AZ 85225 192 Planned Palm Communities
22 Avilla Homes NEC West Warner Road & North Grace Blvd, Chandler, AZ 85225 194 Planned NexMetro Communities
23 Premiere at Dana Park SEC South Val Vista Drive & East Hampton Avenue, Mesa, AZ 85204 198 Planned PCS Development
24 16th Street & Colter Street 16th Street & Colter Street, Phoenix, AZ 85016 200 Planned Van Trust Real Estate
25 South MacDonald & West 2nd AvenueSouth MacDonald & West 2nd Avenue, Mesa, AZ 85210 200 Planned Cardinal Capital Management
26 Wigwam North Litchfield Road & West Village Pkwy, Litchfield Park, AZ 85340 200 Planned JDM Partners
27 North North Valley Pkwy & Norterra PkwyNorth North Valley Pkwy & Norterra Pkwy, Phoenix, AZ 85085 202 Planned Clark-Wayland Builders
28 Pony Acres 1847 East Apache Blvd, Tempe, AZ 85282 204 Planned Avenue North
29 Aura on Indian School NWC 20th Street & East Indian School Road, Phoenix, AZ 85016 220 Planned Trinsic Residential Group
30 Alta Fillmore SEC North 7th Avenue & West Fillmore Street, Phoenix, AZ 85007 220 Planned Wood Partners
31 Santana Canyon NWC 99th Avenue & Lower Buckeye Road, Phoenix, AZ 85353 220 Planned Clark-Wayland Builders
32 Terrace & Apache SEC South Terrace Road & East Apache Blvd, Tempe, AZ 85281 225 Planned Helix Properties
33 San Sonoma Phase II 9010 South Priest Drive, Tempe, AZ 85284 228 Planned Mark-Taylor
34 DC Heights 201 West Commonwealth Avenue, Chandler, AZ 85225 250 Planned Gardner Real Estate Company
35 Park West NEC North 99th Avenue & West Northern Avenue, Peoria, AZ 85345 254 Planned Howard Hughes Corporation, The
36 Jefferson Town Lake North Scottsdale Road & East Playa Del Norte Drive, Tempe, AZ 85281 256 Planned TDI Real Estate
37 Gilbert Civic Center SEC East Warner Road & South Civic Center Drive, Gilbert, AZ 85296 256 Planned Alliance Residential Company
38 7215 East Silverstone Drive 7215 East Silverstone Drive, Scottsdale, AZ 85255 262 Planned Mark-Taylor
39 Phoenix Ballpark 421 South 3rd Street, Phoenix, AZ 85004 275 Planned Granite Capital Investments
40 Clayton, The 3015 North Scottsdale Road, Scottsdale, AZ 85251 278 Planned Connell Company, The
Property Name
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4715 N. 32nd Street Suite 105, Phoenix, AZ 85018 | P: 602.714.1400 | www.ABImultifamily.com John Kobierowski | Alon Shnitzer | Rue Bax | Doug Lazovick | Eddie Chang | Terry Kass | Mark Skelpsa
Address Units Permit Date Developer
41 Broadstone Arts District NEC East McDowell Road & North Alvarado Road, Phoenix, AZ 85004 280 Planned Alliance Residential Company
42 Sunrise Commons 15333 North Hayden Road, Scottsdale, AZ 85260 282 Planned Sunrise Company
43 McClintock & Chandler Luxury NEC Chandler Road & McClintock Road, Chandler, AZ 85226 283 Planned Lennar Corporation
44 Trillium 101 20350 North 7th Avenue, Phoenix, AZ 85027 295 Planned Trillium Residential
45 Grove at 1000 East Apache, The 1000 East Apache Blvd, Tempe, AZ 85281 326 Planned CA Ventures
46 202 Cooper Place 1500 South Cooper Road, Chandler, AZ 85286 332 Planned NextGen Apartments
47 Broadstone Fashion Center SWC West Frye Road & South Price Road, Chandler, AZ 85224 335 Planned Alliance Residential Company
48 SouthBank at Town Lake 1450 East Vista Del Lago Drive, Tempe, AZ 85281 358 Planned Wolff Company, The
49 Muse, The NWC North Central Avenue & West McDowell Road, Phoenix, AZ 85003 360 Planned Lennar Corporation
50 Senna at Santan Village SWC East Ray Road & Santan Village Pkwy, Gilbert, AZ 85295 366 Planned LWI Properties
51 Lake Country Village 1030 East Baseline Road, Tempe, AZ 85282 367 Planned JLB Partners
52 Agave Residential 3300 North Scottsdale Road, Scottsdale, AZ 85251 370 Planned JLB Partners
53 Southern Avenue Villas SWC West Southern Avenue & South Extension Road, Mesa, AZ 85210 378 Planned Management Support
54 Sunrise at Chandler 23601 South Arizona Avenue, Chandler, AZ 85248 392 Planned Sunrise Company
55 Hayden at Dorsey Station, The Apache Blvd & South Dorsey Lane, Tempe, AZ 85281 395 Planned Lennar Corporation
56 Biltmore Club Redevelopment 4640 North 24th Street, Phoenix, AZ 85016 480 Planned Gray Development Group
57 Noria at Chandler Airpark SEC East Germann Road & South McQueen Road, Chandler, AZ 85286 483 Planned Robson Communities
58 Blue Sky 4649 North Scottsdale Road, Scottsdale, AZ 85251 496 Planned Gray Development Group
59 Studio City Lofts 2005 North 103rd Avenue, Avondale, AZ 85392 500 Planned Heers Development
60 San Valencia NWC East Germann Road & South Oxford Lane, Chandler, AZ 85286 556 Planned Mark-Taylor
61 Optima Center Kierland 15440 North Scottsdale Road, Scottsdale, AZ 85254 700 Planned Optima
62 Grand at Papago Center, The SWC North Priest Drive & West Washington Street, Tempe, AZ 85284 800 Planned Papago Park Center
TOTALS 15,947
Property Name