Once Phoenix changed its policies on where data centers would be a good fit, Vintage Partners decided a 63-acre parcel on Phoenix’s west side would be better suited for an alternative use. AZBEX reports that Vintage is now asking Phoenix to consider a mixed-use community with 1,000 residential units, comprising single-family attached and multifamily units, and 22 acres of associated commercial, retail, restaurant, and service uses. The residential portion will be designated for high-density zoning, including apartments, condominiums, and townhomes, with a density of 43.5 units/acre.
The vacant, undeveloped site is bounded by Lower Buckeye Road to the North, Loop 202 to the east, 63rd Avenue to the west and single-family homes to the south.
Development is planned in multiple phases.
Capital & Closings – Inside Today’s Phoenix Deal Market: Capital is available — but it’s disciplined, selective and highly asset-specific. At Connect Phoenix Multifamily, SFR & BTR on April 8, industry leaders will examine lending terms, equity thresholds, recapitalizations, bid-ask resets and what sponsors must demonstrate to secure capital and close in today’s environment. Join the conversation shaping transaction reality in Greater Phoenix. Register to attend: www.ConnectPHXMF2026.com
BLDG Management Co., Inc announced that The Orchard, Queens’ tallest tower, has surpassed 90% leased across its 824 residences nine months after launching residential leasing. The milestone occurs as the 70-story Long Island City development recently signed its first three retail tenants: K-beauty brand Tokimo, Japanese tea and beverage brand Mollytea and financial technology platform...
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Leyden Senior Apartments, a new four-story independent senior living development in Franklin Park, recently opened. Located at 2506 N. Mannheim Road, Leyden Senior Apartments offers one- and two-bedroom residences. The adjacent newly constructed Carl Fiorito Senior Center will be available to the entire community. Owned by Leyden Apartments LP, Leyden Senior Apartments was designed by...
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Northmarq’s Investment Sales team, led by Bobby Schiavone, Jordan Arand and Adam Klenk, led the sale of The Bend Apartments, a 312-unit garden apartment community located at 1909 Greentree Blvd. in Clarksville, Indiana. Northmarq represented the seller, a regional multifamily developer. The buyer was a private investor. “The Bend generated significant investor demand, further proving...
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