phoeix e otructio rooed mutifami roect 121 · 2021. 5. 24. · 275 heritage on dysart 120 276...
TRANSCRIPT
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix1 mi
41
4556
65
60
87
95
94
103
50
177
190
178
129
130
176
179
180
200
189
188
191
181182
183
186
187
199
184
185
220
223
277
271 272
273
274 276
275
1
2
5
7
10
34
32
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
1 Grayson Place 296
2 Acero Algodon Center 458
5 Arise Litchfield Park 135
7 Mera City Center 193
10 Avilla Lago 120
32 Desert View 160
34 The Reserve at Westpark 116
Total Lease Up 1,478
41 Avari 354
45 Acero Glendale 352
50 Aviva Goodyear 288
56 Cabana on 99th 286
60 Hillstone Residences at Canyon Trails 240
65 The Bungalows at Camelback 325
87 Cabana on Encanto 286
94 Curve at Estrella Commons 64
95 Mera Goodyear 188
103 The Bungalows on Estrella 183
Total Under Construction 2,566
129 The Prescott at Park West 95
130 Village at Camelback Park 194
176 Avilla Grand 267
177 Avondale Station I 420
178 Avondale Station II 145
179 The Bungalows at Mountain Vista Ranch 339
180 Bungalows on Cotton Lane 336
181 Cabana on Bullard 334
182 Cascade Falls at CanyonTrails 288
183 Christopher Todd Communities on Cotton Lane 328
184 Christopher Todd Communities on McDowell 166
185 Crystal Cove 238
186 Hancock at Canyon Trails 261
187 Isola Goodyear 228
188 Sobremesa Villas 150
189 Solace at Ballpark Village 211
190 Village at the BLVD 185
191 Villas at Rancho TruGold 244
199 Sundance 200
200 Surprise Farms Villas 252
Total Planned 4,881
220 Desert River 50
223 North 107th Avenue & West Northern Avenue 74
271 Avondale Townhomes on Dysart 302
272 Cerro Vista 255
273 DeRosier Ranch 94
274 Hancock Communities 217
275 Heritage on Dysart 120
276 Nirvana at Harbor Shores 172
277 Rio Bonita 219
Total Prospective 1,503
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix2000 ft
3762
91
10492
96
97
102
8488
82
83
43
57
121132
136
137
224
227
286
288
240
241244
242
243
287
245
229
235
228
234
232
230
233
231
225
27
20
75
140
142
202
143
201
141
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
20 Kenect Phoenix 320
27 Novel Midtown 345
Total Lease Up 665
37 The Fillmore 609
43 The Haverly 323
57 Millennium at Park Central 278
62 The Derby 222
75 The Rey 323
82 Adeline 379
83 City Center on the Park 209
84 Society Phoenix 330
88 St. Ambrose 241
91 Aspire Fillmore 256
92 Broadstone Portland 162
96 The Link PHX Phase II 204
97 Aura Central 251
102 One Camelback 163
104 Eco Phx 70
Total Under Construction 4,020
121 Alta Bluewater 216
132 Broadstone Uptown 284
136 4100 North Central Avenue 402
137 Palmcroft 74 74
140 Astra Phoenix 400
141 First McKinley at First Avenue and McKinley Street 385
142 Phoenix Central Station 573
143 The Ragsdale 268
201 Harmony at the Park One 120
202 Deck Park Vista Redevelopment 201
Total Planned 2,923
224 3250 West Indian School Road 81
225 Willowick 237
227 The Governor by Moderne 172
228 201 West Coolidge Street 218
229 333 East Mulberry Drive 104
230 4040 - 4060 North Central Avenue 100
231 C17 330
232 Camelback & Central 120
233 The Central Park 250
234 Omninet West 286
235 Pederson 100
240 334 North 4th Avenue 100
241 520 West Van Buren Street 243
242 6th & Garfield 309
243 Moon Tower 200
244 Society Phoenix Phase II 250
245 Union at Roosevelt Phase II 120
286 Harmony at the Park Two 115
287 The LINK PHX Phase III 156
288 The Presidential 84
Total Prospective 3,575
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix1 mi
42
46
90 69 70
100
81
52
53
122
123
120
133 135138
139
192
134
124
125
216217
218
219
221
222
282
226
236
237
238
239
246250 248
289
8
28
29
11
25
126
127
128
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
8 ArLo 331
11 Escape at Arrowhead 324
25 Paradise @ P83 354
28 Parc Roundtree Ranch 275
29 Pearl Biltmore 470
Total Lease Up 1,754
42 Village at Pioneer Park 332
46 Zanjero 310
52 The Common 130
53 Banyan Washington 223
69 Bungalows at Westgate 193
70 Townhomes at Manistee Ranch 71
81 Avilla Magnolia 162
90 Mera Westgate 189
100 Village at Olive Marketplace 208
Total Under Construction 1,818
120 Paradise Valley Mall 347
122 The Hangar at Thunderbird 286
123 19 North 96
124 Landon Lux Lofts 62
125 Landmark on 67th 56
126 North 83rd Avenue & West Olive Avenue 189
127 59 Butler 96
128 Glen 91 296
133 40 East 71
134 Patriot Square 83
135 Urban Connected Phase II 50
138 Los Vecinos Phase II 50
139 Retreat at Tuscano 220
192 Zora Encanto 109
Total Planned 2,011
216 Harmony at Cactus 400
217 Encanto Cactus Park Phase II 50
218 Metro Lofts 204
219 Stadium Point @ P83 100
221 G83 Plaza 88
222 Golden Lane 192
226 4640 North 24th Street 300
236 79th & Encanto Multi-Family 372
237 79th & Encanto Senior 203
238 Birdsong Phoenix 72
239 Fuze 602 180
246 19th Avenue & Southern Avenue 308
248 Sunland 90
250 Vita at 202 & Southern 207
282 Glendale Bell 418
289 Copper Sands Estates 100
Total Prospective 3,284
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix2000 ft
35
89
93
51
55
80
63
39
47106
48
112
113
116
146
147
149 150
148151153
154
203
155160
156
152
117
115
205
206
207
208
209
210
211
251
252253254
212
213
12
13
26
31
24
23
114
290
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
12 Atmosphere 252
13 Canvas 263
23 Gramercy Scottsdale 160
24 The Grove on Main 275
26 Park Place Tempe Phase II 121
31 Cabana on Hayden 89
Total Lease Up 1,160
35 Scottsdale Entrada 735
39 Camden Tempe II 397
47 Novus Place 318
48 Parc Broadway 324
51 Broadstone McDowell 274
55 Alexan Scottsdale 282
63 Pier 202 587
80 2040 - 2060 North Scottsdale Road 170
89 Roadrunner on McDowell 358
93 Residences on First 72
106 Hudson on Farmer 171
Total Under Construction 3,688
112 Canalside 54
113 Continental 281
114 Museum Square 92
115 Scottsdale Residences 130
116 Southdale 267
117 WaterView 260
146 Banyan North Tempe 651
147 Blue at Eastline Village 187
148 Culdesac Tempe 761
149 Hilo Tempe 122
150 Skyview 429
151 Eco Mesa 102
152 The Palladium Grid 296
153 The Residences on Main 200
154 Broadstone Dobson Ranch 288
155 Gilbert Commons 205
156 The Landing at Fiesta Village 220
160 Bungalows on Ash 165
203 2431 East Apache Blvd 110
Total Planned 4,820
205 4605 North Scottsdale Road 749
206 The Artisan Scottsdale 83
207 Bishop Lane 199
208 Gentry on the Green 1,241
209 Greenbelt 88 300
210 The Kimsey 230
211 L'Esperance 77
212 The Miller 148
213 Scottsdale Collection 512
251 17-31-37 West University 96
252 The Grove on Main Phase II 100
253 Mesa Hotel & Residences 75
254 Sycamore Station 200
290 Dorsey Lane 140
Total Prospective 4,150
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix2000 ft
40
49
64
72
7376
77
86
78
99
157
161
163
168
169
172
173
174
165
166
167
175
263
266
268
269270
3
4
14
16
30
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
3 The Crossing at Cooley Station 408
4 Liv Crossroads 356
14 Elevation San Tan 297
16 Aiya 360
30 BB Living at Val Vista 217
Total Lease Up 1,638
40 Zaterra at Arden Park 392
49 Acero Val Vista 328
64 DC Heights 237
72 Enclave at Madera Parc 51
73 The Tyler at Agritopia 320
76 Soltra at SanTan Village 380
77 Springs at Cooley Station 276
78 The Wyatt by Watermark 216
86 Cabana Power 244
99 Desert Jewel Phase III 72
Total Under Construction 2,516
157 Uptown Commons 252
161 Heritage Park 250
163 Alta Gilbert at Cooley Station 249
165 The Bungalows on Ray 159
166 Elevation at the Village 214
167 Encore Chandler 208
168 Gallery Park 347
169 Greystar Active Adult 204
172 Noria Phase II 246
173 Novel Val Vista 317
174 Quintana at Verde 197
175 Town Frye 420
Total Planned 3,063
263 Gabriella Pointe 605
266 SanTan Village 301
268 Williams Gateway 169
269 Alta Chandler at the Park 293
270 Chandler 101 200
Total Prospective 1,568
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix1 mi
54
105
85
58
59
158
170
171
164
159
255
262
267
265
264
260
259258
257
21
22
256162
261
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
21 The Premiere at Eastmark 216
22 Avilla Enclave 96
Total Lease Up 312
54 Peralta Vista 135
58 Cadence Gateway 197
59 Rev at Spur Cross 174
85 Hampton East Phase II & III 248
105 Christopher Todd Communities on Ellsworth 145
Total Under Construction 899
158 2.0 at Eastmark 354
159 Bella Encanta 249
162 Mera Mesa 189
164 The Bungalows at Combs & Gantzel 236
170 Harvest Station 78
171 Madera 175
Total Planned 1,281
255 Acero Eastmark 260
256 Ascend at Mountain Vista 200
257 The Falls at Crismon Commons 240
258 Mountain Vista 155
259 Mountain Vista Superstition Mountains 350
260 Springs at Eastmark 276
261 Talos Signal Butte 346
262 Destination at Gateway 100
264 The Ironwood District 50
265 Mesa Ray 200
267 South Ellsworth Road & East Queen Creek Road 200
Total Prospective 2,377
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix2000 ft
38
44
67
68
74
107
109
193
110
111
118
108
279
204
214
215
9
17
33 119
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
9 The Scottsdale Grand 290
17 Camden North End Phase II 343
33 Optima Kierland Phase II 213
Total Lease Up 846
38 The Manor Scottsdale 286
44 San Artes 552
67 Alta Raintree 330
68 LMC Kierland 290
74 LCG Kierland 202
Total Under Construction 1,660
107 8501 East Raintree Drive 190
108 9400 Shea 219
109 The Cavasson 298
110 The Quincy at Kierland 266
111 San Bellara 180
118 Optima 15615 170
119 Optima Kierland Phase III 288
193 City North 2,000
Total Planned 3,611
204 Greystar Active Independent Living 155
214 16640 North Scottsdale Road 200
215 RD Kierland 360
279 North 56th Street & Loop 101 600
Total Prospective 1,315
Phoenix New Construction & Proposed Multifamily Projects 1Q21
Source: Yardi Matrix5 mi
3698
71
61
66
10179
247249
278
283
284
285
280
6
15 18
19
144
145
131
195194
196
197198
281
Lease-Up Under Construction Planned ProspectiveLEGEND
ID PROPERTY UNITS
6 Springs at Deer Valley 296
15 Grandstone at Sunrise 140
18 Elux at Norterra 212
19 Proximity 16th St 85
Total Lease Up 733
36 Alta Warehouse 300
61 The Havenly 147
66 Avilla Canyon 211
71 South 59th Avenue & West South Mountain Avenue 147
79 Happy Valley Residences 325
98 The Battery 278
101 Kalon at Union Street 215
Total Under Construction 1,623
131 5727 North 7th Street 232
144 Liv Laveen 360
145 Proximity Baseline 80
194 26800 North 27th Avenue 242
195 Ascend at Black Canyon & Dynamite 260
196 BB Living at Norterra 154
197 North 19th Avenue & West Alameda Road 396
198 Bungalows at Asante 293
Total Planned 2,017
247 Isola Elliot 249
249 Urban 128 Phase II 120
278 Aileron by Moderne 250
280 Arise Arroyo Norte 170
281 Central Foothills 109
283 Sage Phase II 232
284 Lake Pleasant Heights 100
285 Spurlock Ranch 100
Total Prospective 1,330
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
1 Grayson Place 1499 North 159th Avenue Goodyear AZ 85395 Lease-Up 296 Western Suburbs 01/13/2020 09/30/2022 11/01/2020
2 Acero Algodon Center 3223 North Algodon Way Phoenix AZ 85037 Lease-Up 458 Western Suburbs 08/03/2020 01/31/2022 01/05/2021
3 The Crossing at Cooley Station 3700 East Williams Field Road Gilbert AZ 85295 Lease-Up 408 Gilbert 05/01/2020 12/31/2021 02/15/2021
4 Liv Crossroads 445 East Germann Road Gilbert AZ 85297 Lease-Up 356 Gilbert 04/06/2020 12/31/2021 01/01/2021
5 Arise Litchfield Park 5110 North 129th Avenue Litchfield Park AZ 85340 Lease-Up 135 Western Suburbs 04/01/2020 11/30/2021 01/18/2021
6 Springs at Deer Valley 24025 North 23rd Avenue Phoenix AZ 85085 Lease-Up 296 Deer Valley 05/01/2020 11/30/2021 12/07/2020
7 Mera City Center 15510 North La Cometa Avenue Surprise AZ 85379 Lease-Up 193 Western Suburbs 02/01/2020 11/30/2021 09/21/2020
8 ArLo 2121 North 44th Street Phoenix AZ 85008 Lease-Up 331 Central East Phoenix 01/03/2020 09/30/2021 03/22/2021
9 The Scottsdale Grand 15501 North Dial Blvd Scottsdale AZ 85260 Lease-Up 290 North Scottsdale 05/15/2019 09/30/2021 01/15/2021
10 Avilla Lago 10310 West Beardsley Road Peoria AZ 85382 Lease-Up 120 Deer Valley 06/01/2020 08/31/2021 01/15/2021
11 Escape at Arrowhead 7951 West Beardsley Road Peoria AZ 85382 Lease-Up 324 Deer Valley 10/01/2019 08/31/2021 11/02/2020
12 Atmosphere 707 South Forest Avenue Tempe AZ 85281 Lease-Up 252 North Tempe 02/03/2020 08/31/2021 10/02/2020
13 Canvas 1028 East Orange Street Tempe AZ 85281 Lease-Up 263 North Tempe 12/16/2019 08/31/2021 08/21/2020
14 Elevation San Tan 2045 East Boston Street Gilbert AZ 85295 Lease-Up 297 Gilbert 07/08/2019 08/31/2021 06/08/2020
15 Grandstone at Sunrise 24701 North Lake Pleasant Pkwy Peoria AZ 85383 Lease-Up 140 Deer Valley 05/01/2020 07/31/2021 03/29/2021
16 Aiya 2350 South Wade Drive Gilbert AZ 85295 Lease-Up 360 Gilbert 11/01/2018 07/31/2021 11/13/2020
17 Camden North End Phase II 6800 East Mayo Blvd Phoenix AZ 85054 Lease-Up 343 Union Hills 08/01/2019 07/31/2021 10/16/2020
18 Elux at Norterra 1717 West Happy Valley Road Phoenix AZ 85085 Lease-Up 212 Deer Valley 02/03/2020 07/31/2021 09/21/2020
19 Proximity 16th St 7500 South 16th Street Phoenix AZ 85042 Lease-Up 85 South Phoenix 09/02/2019 07/31/2021 09/11/2020
20 Kenect Phoenix 355 North Central Avenue Phoenix AZ 85004 Lease-Up 320 Sky Harbor 05/01/2019 07/31/2021 07/22/2020
21 The Premiere at Eastmark 9410 East Ray Road Mesa AZ 85212 Lease-Up 216 Superstition Springs 07/12/2019 07/31/2021 04/03/2020
22 Avilla Enclave 8433 East Guadalupe Road Mesa AZ 85212 Lease-Up 96 Superstition Springs 05/01/2020 06/30/2021 02/11/2021
23 Gramercy Scottsdale 4735 North Scottsdale Road Scottsdale AZ 85251 Lease-Up 160 South Scottsdale 12/16/2019 06/30/2021 01/15/2021
24 The Grove on Main 435 East Main Street Mesa AZ 85203 Lease-Up 275 North Mesa 09/03/2019 06/30/2021 10/13/2020
25 Paradise @ P83 16601 North 75th Avenue Peoria AZ 85382 Lease-Up 354 Sun City - Youngtown - Peoria 09/01/2019 06/30/2021 08/21/2020
26 Park Place Tempe Phase II 1317 South Terrace Road Tempe AZ 85281 Lease-Up 121 North Tempe 09/07/2020 05/31/2021 01/11/2021
27 Novel Midtown 400 East Earll Drive Phoenix AZ 85012 Lease-Up 345 Uptown 08/01/2019 05/31/2021 10/23/2020
28 Parc Roundtree Ranch 9201 North 83rd Avenue Peoria AZ 85345 Lease-Up 275 Sun City - Youngtown - Peoria 10/01/2019 05/31/2021 09/18/2020
29 Pearl Biltmore 2323 East Highland Avenue Phoenix AZ 85016 Lease-Up 470 East Camelback 09/01/2018 05/31/2021 05/15/2020
30 BB Living at Val Vista 3936 South Decatur Drive Gilbert AZ 85297 Lease-Up 217 Gilbert 07/22/2019 05/31/2021 12/02/2019
31 Cabana on Hayden 2240 North Hayden Road Scottsdale AZ 85257 Lease-Up 89 South Scottsdale 04/06/2020 04/30/2021 03/15/2021
32 Desert View 600 North 96th Avenue Tolleson AZ 85353 Lease-Up 160 Western Suburbs 02/01/2018 04/30/2021 02/10/2021
33 Optima Kierland Phase II 7160 East Kierland Blvd Scottsdale AZ 85254 Lease-Up 213 North Paradise Valley 04/02/2019 04/30/2021 06/10/2020
34 The Reserve at Westpark 25931 West Elwood Street Buckeye AZ 85326 Lease-Up 116 Southwest Maricopa County 06/01/2019 04/30/2021 05/18/2020
Total Lease-Up 8,586
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
35 Scottsdale Entrada NEC North 64th Street & East McDowell Road Scottsdale AZ 85257 Under Construction 735 South Scottsdale 11/01/2020 11/30/2023
36 Alta Warehouse 600 West Grant Street Phoenix AZ 85003 Under Construction 300 Sky Harbor 03/09/2020 11/30/2022
37 The Fillmore 555 North 5th Avenue Phoenix AZ 85003 Under Construction 609 Sky Harbor 02/17/2020 10/31/2022
38 The Manor Scottsdale 13220 North Scottsdale Road Scottsdale AZ 85254 Under Construction 286 North Paradise Valley 11/09/2020 09/30/2022
39 Camden Tempe II North College Avenue & East Weber Drive Tempe AZ 85281 Under Construction 397 North Tempe 12/07/2020 09/30/2022
40 Zaterra at Arden Park South Arizona Avenue & West Germann Road Chandler AZ 85286 Under Construction 392 Chandler 01/04/2021 09/30/2022
41 Avari NWC North Avondale Blvd & West City Center Drive Avondale AZ 85323 Under Construction 354 Western Suburbs 01/11/2021 09/30/2022
42 Village at Pioneer Park SWC North 83rd Avenue & West Olive Avenue Peoria AZ 85345 Under Construction 332 Glendale 12/07/2020 08/31/2022
43 The Haverly 33 East Thomas Road Phoenix AZ 85012 Under Construction 323 Uptown 01/04/2021 08/31/2022
44 San Artes 17900 North Hayden Road Scottsdale AZ 85255 Under Construction 552 North Scottsdale 02/10/2020 07/31/2022
45 Acero Glendale 5550 North 95th Avenue Glendale AZ 85305 Under Construction 352 Glendale 12/01/2020 07/31/2022
46 Zanjero SWC North 91st Avenue & North Zanjero Blvd Glendale AZ 85305 Under Construction 310 Glendale 02/12/2021 07/31/2022
47 Novus Place East 6th Street & South Packard Drive Tempe AZ 85281 Under Construction 318 North Tempe 10/01/2020 06/30/2022
48 Parc Broadway 711 West Broadway Road Tempe AZ 85282 Under Construction 324 South Tempe 10/19/2020 06/30/2022
49 Acero Val Vista 1500 East Melrose Street Gilbert AZ 85297 Under Construction 328 Gilbert 01/04/2021 06/30/2022
50 Aviva Goodyear 4195 North Falcon Drive Goodyear AZ 85395 Under Construction 288 Western Suburbs 11/02/2020 06/30/2022
51 Broadstone McDowell 7025 East McDowell Road Scottsdale AZ 85257 Under Construction 274 South Scottsdale 12/01/2020 05/31/2022
52 The Common 4225 North 32nd Street Phoenix AZ 85018 Under Construction 130 East Camelback 03/10/2021 05/31/2022
53 Banyan Washington 5321 East Washington Street Phoenix AZ 85034 Under Construction 223 Sky Harbor 01/18/2021 05/31/2022
54 Peralta Vista NWC North Ellsworth Road & East University Drive Mesa AZ 85207 Under Construction 135 East Mesa 03/01/2021 05/31/2022
55 Alexan Scottsdale 2001 North Scottsdale Road Scottsdale AZ 85257 Under Construction 282 South Scottsdale 11/02/2020 04/30/2022
56 Cabana on 99th 10000 West Missouri Avenue Glendale AZ 85307 Under Construction 286 Glendale 10/19/2020 04/30/2022
57 Millennium at Park Central NWC West Catalina Drive & North Central Avenue Phoenix AZ 85013 Under Construction 278 Uptown 10/01/2020 04/30/2022
58 Cadence Gateway 9410 East Cadence Pkwy Mesa AZ 85212 Under Construction 197 Gilbert 02/01/2021 04/30/2022
59 Rev at Spur Cross NEC East Ocotillo Road & South Signal Butte Road Queen Creek AZ 85142 Under Construction 174 Gilbert 01/21/2021 04/30/2022
60 Hillstone Residences at Canyon Trails NWC South 173rd Avenue & West Yuma Road Goodyear AZ 85338 Under Construction 240 Western Suburbs 02/01/2021 04/30/2022
61 The Havenly 16550 East Avenue of the Fountains Fountain Hills AZ 85268 Under Construction 147 North Scottsdale 12/14/2020 03/31/2022
62 The Derby 800 North 2nd Street Phoenix AZ 85004 Under Construction 222 Sky Harbor 03/15/2017 03/31/2022
63 Pier 202 1190 Vista Del Lago Drive Tempe AZ 85281 Under Construction 587 North Tempe 03/01/2019 03/31/2022
64 DC Heights 201 West Commonwealth Avenue Chandler AZ 85225 Under Construction 237 Chandler 01/04/2021 03/31/2022
65 The Bungalows at Camelback SEC North 99th Avenue & West Camelback Road Phoenix AZ 85037 Under Construction 325 Western Suburbs 10/05/2020 03/31/2022
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
66 Avilla Canyon 27701 North Black Canyon Hwy Phoenix AZ 85085 Under Construction 211 Deer Valley 12/07/2020 03/31/2022
67 Alta Raintree 8688 East Raintree Drive Scottsdale AZ 85260 Under Construction 330 North Scottsdale 08/24/2020 02/28/2022
68 LMC Kierland 15825 North 71st Street Scottsdale AZ 85254 Under Construction 290 North Paradise Valley 09/01/2020 02/28/2022
69 Bungalows at Westgate 7403 North 91st Avenue Glendale AZ 85305 Under Construction 193 Glendale 11/16/2020 02/28/2022
70 Townhomes at Manistee Ranch 7959 North 53rd Avenue Glendale AZ 85301 Under Construction 71 Glendale 01/15/2021 02/28/2022
71 South 59th Avenue & West South Mountain Avenue
SEC South 59th Avenue & West South Mountain Avenue Laveen AZ 85339 Under Construction 147 South Phoenix 12/01/2020 02/28/2022
72 Enclave at Madera Parc 336 South Madera Park Drive Gilbert AZ 85233 Under Construction 51 Superstition Springs 01/11/2021 02/28/2022
73 The Tyler at Agritopia 3150 East Ray Road Gilbert AZ 85296 Under Construction 320 Gilbert 04/01/2020 02/28/2022
74 LCG Kierland 7111 East Tierra Buena Lane Scottsdale AZ 85254 Under Construction 202 North Paradise Valley 11/09/2020 01/31/2022
75 The Rey 400 North 2nd Avenue Phoenix AZ 85003 Under Construction 323 Sky Harbor 04/06/2020 01/31/2022
76 Soltra at SanTan Village 1690 South Santan Village Pkwy Gilbert AZ 85295 Under Construction 380 Gilbert 01/13/2020 01/31/2022
77 Springs at Cooley Station 4210 East Williams Field Road Gilbert AZ 85295 Under Construction 276 Gilbert 10/01/2020 01/31/2022
78 The Wyatt by Watermark 1233 South Gilbert Road Gilbert AZ 85296 Under Construction 216 Gilbert 10/05/2020 01/31/2022
79 Happy Valley Residences NWC North 35th Avenue & West Happy Valley Road Phoenix AZ 85085 Under Construction 325 Deer Valley 09/21/2020 01/31/2022
80 2040 - 2060 North Scottsdale Road 2040 North Scottsdale Road Scottsdale AZ 85257 Under Construction 170 South Scottsdale 11/02/2020 12/31/2021
81 Avilla Magnolia NWC South 75th Avenue & West Lower Buckeye Road Phoenix AZ 85043 Under Construction 162 Maryvale 10/01/2020 12/31/2021
82 Adeline 222 East Jefferson Street Phoenix AZ 85004 Under Construction 379 Sky Harbor 02/03/2020 12/31/2021
83 City Center on the Park 1314 North 3rd Street Phoenix AZ 85004 Under Construction 209 Sky Harbor 07/27/2020 12/31/2021
84 Society Phoenix 200 West Monroe Street Phoenix AZ 85003 Under Construction 330 Sky Harbor 10/15/2019 12/31/2021
85 Hampton East Phase II & III 9740 East Hampton Avenue Mesa AZ 85209 Under Construction 248 Superstition Springs 08/03/2020 12/31/2021
86 Cabana Power 6151 South Power Road Gilbert AZ 85212 Under Construction 244 Gilbert 09/01/2020 12/31/2021
87 Cabana on Encanto 2323 North 150th Drive Goodyear AZ 85395 Under Construction 286 Western Suburbs 10/01/2020 12/31/2021
88 St. Ambrose 220 North 12th Street Phoenix AZ 85034 Under Construction 241 Sky Harbor 10/05/2020 12/31/2021
89 Roadrunner on McDowell 6601 East McDowell Road Scottsdale AZ 85257 Under Construction 358 South Scottsdale 03/06/2020 11/30/2021
90 Mera Westgate 7460 North Zanjero Blvd Glendale AZ 85305 Under Construction 189 Glendale 11/02/2020 11/30/2021
91 Aspire Fillmore 601 North 3rd Avenue Phoenix AZ 85003 Under Construction 256 Sky Harbor 12/02/2019 11/30/2021
92 Broadstone Portland 332 East Portland Street Phoenix AZ 85004 Under Construction 162 Sky Harbor 04/06/2020 11/30/2021
93 Residences on First 59 West 1st Avenue Mesa AZ 85210 Under Construction 72 North Mesa 12/07/2020 11/30/2021
94 Curve at Estrella Commons SEC North Estrella Pkwy & West Roosevelt Street Goodyear AZ 85338 Under Construction 64 Western Suburbs 11/02/2020 11/30/2021
95 Mera Goodyear 1375 North 145th Avenue Goodyear AZ 85395 Under Construction 188 Western Suburbs 11/02/2020 11/30/2021
96 The Link PHX Phase II 330 East Pierce Street Phoenix AZ 85004 Under Construction 204 Sky Harbor 02/17/2020 11/30/2021
97 Aura Central 3883 North Central Avenue Phoenix AZ 85012 Under Construction 251 Uptown 04/09/2020 10/31/2021
98 The Battery 318 East Buchanan Street Phoenix AZ 85004 Under Construction 278 Sky Harbor 10/01/2019 10/31/2021
99 Desert Jewel Phase III 2800 North Arizona Avenue Chandler AZ 85225 Under Construction 72 South Mesa 10/19/2020 10/31/2021
100 Village at Olive Marketplace 5171 West Olive Avenue Glendale AZ 85302 Under Construction 208 Glendale 05/01/2020 09/30/2021
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
101 Kalon at Union Street NEC North Norterra Pkwy & White Thorn Phoenix AZ 85085 Under Construction 215 Deer Valley 03/01/2020 08/31/2021
102 One Camelback 1 East Camelback Road Phoenix AZ 85012 Under Construction 163 Uptown 04/01/2019 07/31/2021
103 The Bungalows on Estrella 15545 West Hudson Way Goodyear AZ 85338 Under Construction 183 Western Suburbs 08/01/2019 07/31/2021
104 Eco Phx 301 West Roosevelt Street Phoenix AZ 85003 Under Construction 70 Sky Harbor 05/01/2020 06/30/2021
105 Christopher Todd Communities on Ellsworth
SWC North Ellsworth Road & East University Drive Mesa AZ 85207 Under Construction 145 East Mesa 08/03/2020 06/30/2021
106 Hudson on Farmer 707 South Farmer Avenue Tempe AZ 85281 Under Construction 171 North Tempe 01/06/2020 06/30/2021
Total Under Construction 18,790
107 8501 East Raintree Drive 8501 East Raintree Drive Scottsdale AZ 85260 Planned 190 North Scottsdale
108 9400 Shea 9375 East Shea Blvd Scottsdale AZ 85260 Planned 219 North Scottsdale
109 The Cavasson SEC East Cavasson Blvd & North Claret Drive Scottsdale AZ 85255 Planned 298 North Scottsdale
110 The Quincy at Kierland North Scottsdale Road & East Tierra Buena Lane Phoenix AZ 85254 Planned 266 North Scottsdale
111 San Bellara 17800 North 78th Street Scottsdale AZ 85255 Planned 180 North Scottsdale
112 Canalside 6824 East Indian School Road Scottsdale AZ 85251 Planned 54 South Scottsdale
113 Continental 1000 North Scottsdale Road Scottsdale AZ 85257 Planned 281 South Scottsdale
114 Museum Square 7108 East 2nd Street Scottsdale AZ 85251 Planned 92 South Scottsdale
115 Scottsdale Residences 6903 East Main Street Scottsdale AZ 85251 Planned 130 South Scottsdale
116 Southdale 7000 East McDowell Road Scottsdale AZ 85257 Planned 267 South Scottsdale
117 WaterView North 73rd Street & East Camelback Road Scottsdale AZ 85251 Planned 260 South Scottsdale
118 Optima 15615 15615 North 71st Street Scottsdale AZ 85254 Planned 170 North Paradise Valley
119 Optima Kierland Phase III 7160 East Kierland Blvd Scottsdale AZ 85254 Planned 288 North Paradise Valley
120 Paradise Valley Mall East Cactus Road & North Tatum Blvd Phoenix AZ 85032 Planned 347 North Paradise Valley
121 Alta Bluewater NEC North 16th Street & East Camelback Road Phoenix AZ 85014 Planned 216 South Paradise Valley
122 The Hangar at Thunderbird North 57th Avenue & West Thunderbird Road Glendale AZ 85306 Planned 286 North Black Canyon
123 19 North 2121 West Butler Drive Phoenix AZ 85021 Planned 96 Metrocenter
124 Landon Lux Lofts 8125 North 23rd Avenue Phoenix AZ 85021 Planned 62 Metrocenter
125 Landmark on 67th 9160 North 67th Avenue Peoria AZ 85345 Planned 56 Sun City - Youngtown - Peoria
126 North 83rd Avenue & West Olive Avenue
NWC North 83rd Avenue & West Olive Avenue Peoria AZ 85345 Planned 189 Sun City - Youngtown -
Peoria
127 59 Butler SWC North 59th Drive & West Butler Drive Glendale AZ 85302 Planned 96 Glendale
128 Glen 91 SEC North 91st Avenue & West Glendale Avenue Glendale AZ 85305 Planned 296 Glendale
129 The Prescott at Park West 8128 North 99th Avenue Peoria AZ 85345 Planned 95 Glendale
130 Village at Camelback Park 11264 West Camelback Road Phoenix AZ 85037 Planned 194 Glendale
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
131 5727 North 7th Street 5727 North 7th Street Phoenix AZ 85014 Planned 232 Christown
132 Broadstone Uptown 502 West Camelback Road Phoenix AZ 85013 Planned 284 Christown
133 40 East 4040 East McDowell Road Phoenix AZ 85008 Planned 71 Central East Phoenix
134 Patriot Square 640 North 32nd Street Phoenix AZ 85008 Planned 83 Central East Phoenix
135 Urban Connected Phase II 1220 North 44th Street Phoenix AZ 85008 Planned 50 Central East Phoenix
136 4100 North Central Avenue 4100 North Central Avenue Phoenix AZ 85012 Planned 402 Uptown
137 Palmcroft 74 1302 West McDowell Road Phoenix AZ 85007 Planned 74 Uptown
138 Los Vecinos Phase II 1950 North 43rd Avenue Phoenix AZ 85009 Planned 50 Maryvale
139 Retreat at Tuscano 7725 West Lower Buckeye Road Phoenix AZ 85043 Planned 220 Maryvale
140 Astra Phoenix 333 North 2nd Avenue Phoenix AZ 85003 Planned 400 Sky Harbor
141 First McKinley at First Avenue and McKinley Street
North 1st Avenue & West McKinley Street Phoenix AZ 85003 Planned 385 Sky Harbor
142 Phoenix Central Station NWC North Central Avenue & West Van Buren Street Phoenix AZ 85004 Planned 573 Sky Harbor
143 The Ragsdale NWC North 12th Street & East Washington Street Phoenix AZ 85034 Planned 268 Sky Harbor
144 Liv Laveen SEC South 39th Avenue & West Dobbins Road Laveen AZ 85339 Planned 360 South Phoenix
145 Proximity Baseline 1640 East Baseline Road Phoenix AZ 85042 Planned 80 South Phoenix
146 Banyan North Tempe 1255 East Curry Road Tempe AZ 85281 Planned 651 North Tempe
147 Blue at Eastline Village 2058 East Apache Blvd Tempe AZ 85281 Planned 187 North Tempe
148 Culdesac Tempe 2025 East Apache Blvd Tempe AZ 85281 Planned 761 North Tempe
149 Hilo Tempe 701 South Mill Avenue Tempe AZ 85281 Planned 122 North Tempe
150 Skyview 855 South Rural Road Tempe AZ 85281 Planned 429 North Tempe
151 Eco Mesa SEC West Pepper Place & North Robson Mesa AZ 85201 Planned 102 North Mesa
152 The Palladium Grid East Main Street & South Pomeroy Mesa AZ 85201 Planned 296 North Mesa
153 The Residences on Main 424 West Main Street Mesa AZ 85201 Planned 200 North Mesa
154 Broadstone Dobson Ranch 1666 South Dobson Road Mesa AZ 85202 Planned 288 South Mesa
155 Gilbert Commons 1121 East Baseline Road Gilbert AZ 85233 Planned 205 South Mesa
156 The Landing at Fiesta Village NWC South Alma School Road & West Southern Avenue Mesa AZ 85210 Planned 220 South Mesa
157 Uptown Commons NEC North Arizona Avenue & West Elliot Road Chandler AZ 85225 Planned 252 South Mesa
158 2.0 at Eastmark SEC South Ellsworth Road & East Point Twenty - Two Blvd Mesa AZ 85212 Planned 354 Superstition Springs
159 Bella Encanta 9641 East Hampton Avenue Mesa AZ 85209 Planned 249 Superstition Springs
160 Bungalows on Ash NEC North Ash Street & North Gilbert Road Gilbert AZ 85234 Planned 165 Superstition Springs
161 Heritage Park SWC North Gilbert Road & West Juniper Avenue Gilbert AZ 85234 Planned 250 Superstition Springs
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
162 Mera Mesa SWC South 105th Place & East Hampton Avenue Mesa AZ 85208 Planned 189 Superstition Springs
163 Alta Gilbert at Cooley Station SWC South Recker Road & East Williams Field Road Gilbert AZ 85295 Planned 249 Gilbert
164 The Bungalows at Combs & Gantzel NWC East Combs Road & North Gantzel Road Queen Creek AZ 85140 Planned 236 Gilbert
165 The Bungalows on Ray East Ray Rd & South Santan Village Pkwy Gilbert AZ 85296 Planned 159 Gilbert
166 Elevation at the Village South Coronado Road & South Santan Village Pkwy Gilbert AZ 85295 Planned 214 Gilbert
167 Encore Chandler 100 South Nevada Street Chandler AZ 85225 Planned 208 Gilbert
168 Gallery Park 18420 East Ray Road Mesa AZ 85212 Planned 347 Gilbert
169 Greystar Active Adult South Recker Road & East Somerton Blvd Gilbert AZ 85295 Planned 204 Gilbert
170 Harvest Station SEC North Gary Road & East Riggs Road Queen Creek AZ 85142 Planned 78 Gilbert
171 Madera SEC East Queen Creek Road & Signal Butte Road Queen Creek AZ 85142 Planned 175 Gilbert
172 Noria Phase II 2177 South McQueen Road Chandler AZ 85286 Planned 246 Gilbert
173 Novel Val Vista 1727 East Pecos Road Gilbert AZ 85295 Planned 317 Gilbert
174 Quintana at Verde SWC South Recker Road & East Williams Field Road Gilbert AZ 85295 Planned 197 Gilbert
175 Town Frye SEC South Ellis Road & West Frye Road Chandler AZ 85224 Planned 420 Chandler
176 Avilla Grand 11755 West Thompson Ranch Road El Mirage AZ 85335 Planned 267 Western Suburbs
177 Avondale Station I North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Planned 420 Western Suburbs
178 Avondale Station II North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Planned 145 Western Suburbs
179 The Bungalows at Mountain Vista Ranch
SEC West Bell Road & North Sarival Road Surprise AZ 85347 Planned 339 Western Suburbs
180 Bungalows on Cotton Lane North Cotton Lane & West Orangewood Avenue Glendale AZ 85355 Planned 336 Western Suburbs
181 Cabana on Bullard NWC South Bullard Avenue & West Van Buren Street Goodyear AZ 85338 Planned 334 Western Suburbs
182 Cascade Falls at CanyonTrails NWC North Sarival Avenue & West Van Buren Street Goodyear AZ 85338 Planned 288 Western Suburbs
183 Christopher Todd Communities on Cotton Lane
North Cotton Lane & West Garfield Street Goodyear AZ 85338 Planned 328 Western Suburbs
184 Christopher Todd Communities on McDowell 1610 North 91st Avenue Phoenix AZ 85037 Planned 166 Western Suburbs
185 Crystal Cove NEC North Central Avenue & East La Canada Blvd Avondale AZ 85323 Planned 238 Western Suburbs
186 Hancock at Canyon Trails North 173rd Avenue & West Van Buren Street Goodyear AZ 85338 Planned 261 Western Suburbs
187 Isola Goodyear NEC South Cotton Lane & West Elwood Street Goodyear AZ 85338 Planned 228 Western Suburbs
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
188 Sobremesa Villas SWC West Cactus Road & North Reems Road Surprise AZ 85379 Planned 150 Western Suburbs
189 Solace at Ballpark Village 2445 Estrella Pkwy Goodyear AZ 85338 Planned 211 Western Suburbs
190 Village at the BLVD North 107th Avenue & West Roosevelt Street Avondale AZ 85323 Planned 185 Western Suburbs
191 Villas at Rancho TruGold 17180 West Sweetwater Avenue Surprise AZ 85388 Planned 244 Western Suburbs
192 Zora Encanto NWC North 83rd Avenue & West Encanto Blvd Phoenix AZ 85035 Planned 109 Western Suburbs
193 City North NEC North 56th Street & Loop 101 Phoenix AZ 85054 Planned 2,000 Union Hills
194 26800 North 27th Avenue 26800 North 27th Avenue Phoenix AZ 85085 Planned 242 Deer Valley
195 Ascend at Black Canyon & Dynamite Black Canyon Hwy & West Dynamite Blvd Phoenix AZ 85085 Planned 260 Deer Valley
196 BB Living at Norterra North 19th Avenue & West Happy Valley Road Phoenix AZ 85085 Planned 154 Deer Valley
197 North 19th Avenue & West Alameda Road
SWC North 19th Avenue & West Alameda Road Phoenix AZ 85085 Planned 396 Deer Valley
198 Bungalows at Asante 16630 West Pat Tillman Blvd Surprise AZ 85387 Planned 293 Southwest Maricopa County
199 Sundance South 232nd Avenue & North Sundance Pkwy Buckeye AZ 85326 Planned 200 Southwest
Maricopa County
200 Surprise Farms Villas 17701 West Bell Road Surprise AZ 85388 Planned 252 Southwest Maricopa County
201 Harmony at the Park One 500 North 20th Street Phoenix AZ 85006 Planned 120 Central East Phoenix
202 Deck Park Vista Redevelopment 1125 North 3rd Street Phoenix AZ 85004 Planned 201 Sky Harbor
203 2431 East Apache Blvd 2431 East Apache Blvd Tempe AZ 85281 Planned 110 North Tempe
Total Planned 24,607
204 Greystar Active Independent Living NWC North 90th Street & Raintree Circle Drive Scottsdale AZ 85260 Prospective 155 North Scottsdale
205 4605 North Scottsdale Road 4605 North Scottsdale Road Scottsdale AZ 85251 Prospective 749 South Scottsdale
206 The Artisan Scottsdale 7033 East Indian School Road Scottsdale AZ 85251 Prospective 83 South Scottsdale
207 Bishop Lane 7125 East 2nd Street Scottsdale AZ 85251 Prospective 199 South Scottsdale
208 Gentry on the Green 7979 East Camelback Road Scottsdale AZ 85251 Prospective 1,241 South Scottsdale
209 Greenbelt 88 3370 North Hayden Road Scottsdale AZ 85251 Prospective 300 South Scottsdale
210 The Kimsey 7110 East Indian School Road Scottsdale AZ 85251 Prospective 230 South Scottsdale
211 L'Esperance NWC East Earll Drive & North Scottsdale Road Scottsdale AZ 85251 Prospective 77 South Scottsdale
212 The Miller 7570 East 6th Avenue Scottsdale AZ 85251 Prospective 148 South Scottsdale
213 Scottsdale Collection East Camelback Road & North Scottsdale Road Scottsdale AZ 85251 Prospective 512 South Scottsdale
214 16640 North Scottsdale Road 16640 North Scottsdale Road Scottsdale AZ 85254 Prospective 200 North Paradise Valley
215 RD Kierland 7025 East Greenway Pkwy Scottsdale AZ 85254 Prospective 360 North Paradise Valley
216 Harmony at Cactus 2625 East Cactus Road Phoenix AZ 85032 Prospective 400 Sunnyslope
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
217 Encanto Cactus Park Phase II 4310 West Charter Oak Road Glendale AZ 85304 Prospective 50 North Black Canyon
218 Metro Lofts 9201 North 29th Avenue Phoenix AZ 85051 Prospective 204 Metrocenter
219 Stadium Point @ P83 NEC North 83rd Avenue & West Mariners Way Peoria AZ 85382 Prospective 100 Sun City -
Youngtown - Peoria
220 Desert River North 99th Avenue & West Desert River Blvd Glendale AZ 85305 Prospective 50 Glendale
221 G83 Plaza SEC North 83rd Avenue & West Glendale Avenue Glendale AZ 85303 Prospective 88 Glendale
222 Golden Lane SWC North 67th Avenue & West Alice Avenue Glendale AZ 85345 Prospective 192 Glendale
223 North 107th Avenue & West Northern Avenue
North 107th Avenue & West Northern Avenue Glendale AZ 85307 Prospective 74 Glendale
224 3250 West Indian School Road 3250 West Indian School Road Phoenix AZ 85017 Prospective 81 Northwest Phoenix
225 Willowick North 16th Street & East Colter Street Phoenix AZ 85014 Prospective 237 Christown
226 4640 North 24th Street 4640 North 24th Street Phoenix AZ 85016 Prospective 300 East Camelback
227 The Governor by Moderne SWC North 18th Street & East McDowell Road Phoenix AZ 85006 Prospective 172 Central East Phoenix
228 201 West Coolidge Street 201 West Coolidge Street Phoenix AZ 85013 Prospective 218 Uptown
229 333 East Mulberry Drive 333 East Mulberry Drive Phoenix AZ 85012 Prospective 104 Uptown
230 4040 - 4060 North Central Avenue 4040 North Central Avenue Phoenix AZ 85012 Prospective 100 Uptown
231 C17 SWC North 17th Avenue & West Camelback Road Phoenix AZ 85015 Prospective 330 Uptown
232 Camelback & Central SWC West Camelback Road & North Central Avenue Phoenix AZ 85013 Prospective 120 Uptown
233 The Central Park NEC Central Avenue & Indian School Road Phoenix AZ 85012 Prospective 250 Uptown
234 Omninet West 4800 North Central Avenue Phoenix AZ 85012 Prospective 286 Uptown
235 Pederson NWC North Central Avenue & West Thomas Road Phoenix AZ 85012 Prospective 100 Uptown
236 79th & Encanto Multi-Family NEC North 79th Avenue & West Encanto Blvd Phoenix AZ 85035 Prospective 372 Maryvale
237 79th & Encanto Senior NEC North 79th Avenue & West Encanto Blvd Phoenix AZ 85035 Prospective 203 Maryvale
238 Birdsong Phoenix 6626 West McDowell Road Phoenix AZ 85035 Prospective 72 Maryvale
239 Fuze 602 2822 North 59th Avenue Phoenix AZ 85035 Prospective 180 Maryvale
240 334 North 4th Avenue 334 North 4th Avenue Phoenix AZ 85003 Prospective 100 Sky Harbor
241 520 West Van Buren Street 520 West Van Buren Street Phoenix AZ 85003 Prospective 243 Sky Harbor
242 6th & Garfield SEC North 6th Street & East Garfield Street Phoenix AZ 85004 Prospective 309 Sky Harbor
243 Moon Tower 811 North 3rd Street Phoenix AZ 85004 Prospective 200 Sky Harbor
244 Society Phoenix Phase II North 2nd Avenue & West Monroe Street Phoenix AZ 85003 Prospective 250 Sky Harbor
245 Union at Roosevelt Phase II 888 North 1st Avenue Phoenix AZ 85003 Prospective 120 Sky Harbor
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
246 19th Avenue & Southern Avenue NWC South 19th Avenue & West Southern Avenue Phoenix AZ 85041 Prospective 308 South Phoenix
247 Isola Elliot NEC South 59th Avenue & West Elliot Road Laveen AZ 85339 Prospective 249 South Phoenix
248 Sunland 205 West Sunland Avenue Phoenix AZ 85041 Prospective 90 South Phoenix
249 Urban 128 Phase II 8818 South Central Avenue Phoenix AZ 85042 Prospective 120 South Phoenix
250 Vita at 202 & Southern SWC South 59th Avenue & West Southern Avenue Laveen AZ 85339 Prospective 207 South Phoenix
251 17-31-37 West University 17 West University Drive Mesa AZ 85201 Prospective 96 North Mesa
252 The Grove on Main Phase II SEC East Main Street & South Mesa Drive Mesa AZ 85204 Prospective 100 North Mesa
253 Mesa Hotel & Residences SWC North Center Street & West Main Street Mesa AZ 85210 Prospective 75 North Mesa
254 Sycamore Station 1830 West Main Street Mesa AZ 85201 Prospective 200 North Mesa
255 Acero Eastmark NEC Ellsworth Road & East Point Twenty - Two Blvd Mesa AZ 85212 Prospective 260 Superstition Springs
256 Ascend at Mountain Vista NEC South 105th Place & East Hampton Avenue Mesa AZ 85207 Prospective 200 Superstition Springs
257 The Falls at Crismon Commons 1810 South Crismon Road Mesa AZ 85209 Prospective 240 Superstition Springs
258 Mountain Vista Signal Butte Road & Southern Avenue Mesa AZ 85208 Prospective 155 Superstition Springs
259 Mountain Vista Superstition Mountains
South Signal Butte Road & East Southern Avenue Mesa AZ 85208 Prospective 350 Superstition Springs
260 Springs at Eastmark SEC South Ellsworth Road & East Warner Road Mesa AZ 85212 Prospective 276 Superstition Springs
261 Talos Signal Butte SEC South 105th Place & East Hampton Avenue Mesa AZ 85208 Prospective 346 Superstition Springs
262 Destination at Gateway South Signal Butte Road & East Williams Field Road Mesa AZ 85212 Prospective 100 Gilbert
263 Gabriella Pointe SWC South Wade Drive & East Warner Road Gilbert AZ 85296 Prospective 605 Gilbert
264 The Ironwood District SEC East Ocotillo Road & North Gantzel Road San Tan Valley AZ 85140 Prospective 50 Gilbert
265 Mesa Ray NWC South Ellsworth Road & East Point Twenty Two Blvd Mesa AZ 85212 Prospective 200 Gilbert
266 SanTan Village SEC East Ray Road & South Santan Village Pkwy Gilbert AZ 85295 Prospective 301 Gilbert
267 South Ellsworth Road & East Queen Creek Road
SWC South Ellsworth Road & East Queen Creek Queen Creek AZ 85142 Prospective 200 Gilbert
268 Williams Gateway NWC East Somerton Blvd & East Williams Field Road Gilbert AZ 85295 Prospective 169 Gilbert
269 Alta Chandler at the Park West Chandler Blvd & South Parklane Blvd Chandler AZ 85224 Prospective 293 Chandler
270 Chandler 101 2919 West Chandler Blvd Chandler AZ 85224 Prospective 200 Chandler
271 Avondale Townhomes on Dysart SWC North Dysart Road & East Van Buren Street Avondale AZ 85323 Prospective 302 Western Suburbs
272 Cerro Vista 12116 West Van Buren Street Avondale AZ 85323 Prospective 255 Western Suburbs
Phoenix New Construction & Proposed Multifamily Projects
Sou
rce:
Ya
rdi M
atr
ix
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMITDATE
FORECASTED COMPLETION DATE
START OFRENT-UP
273 DeRosier Ranch SEC South Cotton Lane & West Yuma Road Goodyear AZ 85338 Prospective 94 Western Suburbs
274 Hancock Communities North 117th Avenue & West McDowell Road Avondale AZ 85392 Prospective 217 Western Suburbs
275 Heritage on Dysart 12939 West Elm Street Surprise AZ 85378 Prospective 120 Western Suburbs
276 Nirvana at Harbor Shores NWC Harbor Shores Blvd & West McDowell Road Avondale AZ 85392 Prospective 172 Western Suburbs
277 Rio Bonita NWC North El Mirage Road & West Indian School Road Avondale AZ 85392 Prospective 219 Western Suburbs
278 Aileron by Moderne 20350 North 7th Avenue Phoenix AZ 85027 Prospective 250 Union Hills
279 North 56th Street & Loop 101 NWC North 56th Street & Loop 101 Phoenix AZ 85054 Prospective 600 Union Hills
280 Arise Arroyo Norte SEC Interstate 17 and West Arroyo Norte Drive Phoenix AZ 85086 Prospective 170 Deer Valley
281 Central Foothills NEC North Central Avenue & East Happy Valley Road Phoenix AZ 85085 Prospective 109 Deer Valley
282 Glendale Bell NWC SR 101 & West Bell Road Peoria AZ 85382 Prospective 418 Deer Valley
283 Sage Phase II 28425 North Black Canyon Hwy Phoenix AZ 85085 Prospective 232 Deer Valley
284 Lake Pleasant Heights North El Mirage Road & West Lone Mountain Pkwy Peoria AZ 85383 Prospective 100 Southwest
Maricopa County
285 Spurlock Ranch North 275th Avenue & West Beardsley Pkwy Buckeye AZ 85396 Prospective 100 Southwest
Maricopa County
286 Harmony at the Park Two 500 North 20th Street Phoenix AZ 85006 Prospective 115 Central East Phoenix
287 The LINK PHX Phase III 330 East Pierce Street Phoenix AZ 85004 Prospective 156 Sky Harbor
288 The Presidential 1100 East Jefferson Street Phoenix AZ 85034 Prospective 84 Sky Harbor
289 Copper Sands Estates 1025 West Broadway Road Phoenix AZ 85041 Prospective 100 South Phoenix
290 Dorsey Lane East Apache Blvd & South Dorsey Lane Tempe AZ 85281 Prospective 140 North Tempe
Total Prospective 19,102
TOTAL PHOENIX 71,085
© 2021 Berkadia Real Estate Advisors LLC. Berkadia® is a trademark of Berkadia Proprietary Holding LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker License #01931050; Vincent B. Norris, CA BRE Lic. # 843890.Berkadia Commercial Mortgage LLC conducts business under CA Finance Lender & Broker Lic. #988-0701; and Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details visit: http://www.berkadia.com/legal/licensing.aspx. The information and details contained within this report have been obtained from a third-party and believed to be accurate; however, Berkadia has not independently verified its accuracy. Date of survey: March 2021