Phoenix New Construction & Proposed Multifamily Projects …...26 Montreux NWC North 56th Street &...
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Phoenix New Construction & Proposed Multifamily Projects 3Q18 a Berkshire Hathaway and Jefferies Financial Group company Lease-Up Under Construction Planned Prospective LEGEND ID PROPERTY UNITS 5 Avilla Lehi 118 6 Camden North End 441 13 Overture Kierland 170 16 San Portales 262 17 Ascend on Cave Creek 240 20 Park Place 230 Total Lease-Up 1,461 24 Mayo Blvd & 66th Street 349 26 Montreux 335 34 Residences at Chauncey Lane 301 38 Optima Sonoran Village Phase III 172 39 Angela, The 253 43 District at Scottsdale, The 332 46 Alta Drinkwater 277 50 View 32 135 Total Under Construction 2,154 55 District at Scottsdale Phase II 290 56 Princess Hayden 350 57 Residence at 90th Street & San Victor 179 58 Scottsdale Quarter 300 59 2040 North Scottsdale Road 170 60 L'Esperance 77 61 McDowell, The 371 62 Papago Plaza 247 63 Peacock Scottsdale 146 67 Pearl Biltmore 474 68 40 East Mixed Use 71 69 Urban Connected Phase II 50 108 Camden North End Phase II 628 Total Planned 3,353 117 15515 North Scottsdale Road 150 118 Crossroads East 250 119 La Via 100 120 1000 North Scottsdale Road 282 121 Blue Sky 329 122 East Highland & Goldwater Blvd 100 123 Museum Square 300 124 Palmeraie 50 125 Scottsdale Entrada 560 126 WaterView 240 127 Acoma Court 475 128 LMC Kierland 299 129 North 24th Street & Arizona Biltmore Circle 320 133 Arcadia Grand 331 135 North 44th Street & East Palm Lane 66 136 Pinnacle Club 164 179 Shea at North Tatum 1044 Total Prospective 5,060 24 26 50 39 38 46 34 43 55 56 57 58 59 60 61 62 67 63 68 69 108 117 127 124 121 122 129 126 123 119 128 118 179 120 133 125 135 136 Source: Yardi Matrix 5 mi 5 20 13 6 16 17
Transcript of Phoenix New Construction & Proposed Multifamily Projects …...26 Montreux NWC North 56th Street &...
Phoenix New Construction & Proposed Multifamily Projects
Source: Yardi Matrix5 mi
3Q18
a Berkshire Hathaway and Jefferies Financial Group company
Lease-Up
Under Construction
Planned
Prospective
LEGEND
ID PROPERTY UNITS5 Avilla Lehi 1186 Camden North End 44113 Overture Kierland 17016 San Portales 26217 Ascend on Cave Creek 24020 Park Place 230
Total Lease-Up 1,46124 Mayo Blvd & 66th Street 34926 Montreux 33534 Residences at Chauncey Lane 30138 Optima Sonoran Village Phase III 17239 Angela, The 25343 District at Scottsdale, The 33246 Alta Drinkwater 27750 View 32 135
Total Under Construction 2,15455 District at Scottsdale Phase II 29056 Princess Hayden 35057 Residence at 90th Street & San Victor 17958 Scottsdale Quarter 30059 2040 North Scottsdale Road 17060 L'Esperance 7761 McDowell, The 37162 Papago Plaza 24763 Peacock Scottsdale 14667 Pearl Biltmore 47468 40 East Mixed Use 7169 Urban Connected Phase II 50108 Camden North End Phase II 628
Total Planned 3,353117 15515 North Scottsdale Road 150118 Crossroads East 250119 La Via 100120 1000 North Scottsdale Road 282121 Blue Sky 329122 East Highland & Goldwater Blvd 100123 Museum Square 300124 Palmeraie 50125 Scottsdale Entrada 560126 WaterView 240127 Acoma Court 475128 LMC Kierland 299129 North 24th Street & Arizona Biltmore Circle 320133 Arcadia Grand 331135 North 44th Street & East Palm Lane 66136 Pinnacle Club 164179 Shea at North Tatum 1044
Total Prospective 5,060
24
26
50
39
38
46
34
43
55
56
57
58
59
60
61 62
67 63
6869
108
117
127
124
121122
129
126
123
119128
118
179
120
133125135
136
Source: Yardi Matrix5 mi
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20
13
6
1617
Phoenix New Construction & Proposed Multifamily Projects
Source: Yardi Matrix5 mi
3Q18
a Berkshire Hathaway and Jefferies Financial Group company
Lease-Up
Under Construction
Planned
Prospective
LEGEND
ID PROPERTY UNITS3 Liv North Valley 3857 Elevation Plaza del Rio 3338 Summerly at Zanjero 34410 Liv Goodyear 32612 Parc Midtown 30614 Alta Central 22315 Elux at Tramonto 13818 Alta Camelback 237
Total Lease-Up 2,29227 Crescent Midtown 32929 Christopher Todd Communities at Stadium 31335 Osborn Residences 19036 Avalon 40037 Broadstone Midtown 20042 Christopher Todd Communities on Camelback 16751 Circa Central Avenue 22753 Glen Arbor Phase II 50
Total Under Construction 1,87654 3250 West Indian School Road 8164 T83 18365 Camelback 95 24066 Alta Marlette 22970 31 East Thomas Road 25671 Columbus 22372 Omninet West 28676 City Center on the Park 345106 Christopher Todd Communities at Marley Park 173107 Harmony at Goodyear 288109 Avilla Paseo 89110 Bungalows on Jomax, The 141111 Sage Phase II 232112 West Happy Valley Road & North Lake Pleasant Pkwy 140
Total Planned 2,906130 Metro Marketplace 100131 Metrocenter 250132 Landmark on 67th 56137 333 East Mulberry Drive 104138 4040 - 4060 North Central Avenue 100139 Broadstone Central 192140 C17 330141 Camelback & Central 120142 Omninet East 181170 1610 North 91st Avenue 166172 Centerscape at Palm Valley 50174 Christopher Todd Communities on Dysart 370175 North 146th Avenue & West Palm Lane 188176 Peoria Avenue & Perryville Road 250177 Virtua 99th 250178 Wilshire 136180 Trillium 101 295181 Avilla Lake Pleasant 120182 Jomax 260183 NorTerra Mixed Use 1100184 Christopher Todd at Vistancia 222185 Happy Valley 250186 Lake Pleasant Heights 100
Total Prospective 5,190
Source: Yardi Matrix5 mi
35
29
36
42
53
2737
51
72
7154
65
66
70
76
137
3
12
18
15
14139
138
141
131
132
178
170177
130
181180
183
182
185
176
174
175
172
186
184
142140
111
110
109
112
106
107
64
7
8
10
Phoenix New Construction & Proposed Multifamily Projects
Source: Yardi Matrix5 mi
3Q18
a Berkshire Hathaway and Jefferies Financial Group company
Lease-Up
Under Construction
Planned
Prospective
LEGEND
ID PROPERTY UNITS1 San Piedra 3462 San Valencia 3824 Local, The 2869 Noria 23711 Alta San Marcos 27319 Premiere at Dana Park 198
Total Lease-Up 1,72221 Cameron, The 34922 Stewart, The 31223 Ryan, The 33025 Sky at Chandler Airpark 50428 Broadstone Grand 30030 Derby, The 21131 Aura at Watermark 36032 Brighton Place 5333 LINK PHX, The 25740 Novel Rio Salado 20941 Skyview 42944 Core Chandler, The 22045 Arista at Ocotillo 21047 Jacinto Place 10448 East Germann Road & South McQueen Road 32049 Christopher Todd Communities Country Place 15452 Jefferson Town Lake 244
Total Under Construction 4,56673 520 West Van Buren Street 24574 Aspire Fillmore 19875 Cabana on Washington 22077 Kenect Phoenix 32078 McKinley & 2nd 10879 Palmcourt Tower 35480 1980 East Broadway Road 9081 7th & Forest 32882 Broadstone Rio Salado 27683 Collective, The 26984 Eastline Village 22085 Hayden, The 5086 Millennium at Rio Salado 26087 Country Club Drive & Main Street 20088 East Main Street & South Mesa Drive 25289 Grid, The 19090 West Pepper Place & North Robson 7091 Landing at Fiesta Village, The 22092 Christopher Todd Communities Ellsworth & University 14593 Baseline Gateway 34494 BB Living at Eastmark 13295 BB Living at Val Vista 21696 Crossing at Cooley Station, The 40897 Elevation San Tan 29798 EpiCenter at Agritopia 28799 Lyon's Gate 360100 Noria Phase II 246101 Premier at Eastmark 216102 Santan Village 301103 DC Heights 250104 District at Chandler 320105 Riata 300113 Fillmore, The 609114 Apache & Terrace 391115 Footprint 70
Total Planned 8,762134 Imperial, The 140143 Canyon, The 100144 Encore Residential on Van Buren 222145 North 2nd Avenue & West Fillmore Street 100146 North 2nd Avenue & West Monroe Street 100147 Phoenix Ballpark 275148 Phoenix Central Station 476149 Presidential, The 84150 R Cubed 120
151 St. Ambrose 200152 3338-3402 East Southern Avenue 258153 Laveen Gardens 102154 McClellan Ranch 132155 South Mountain Park & Preserve 240156 11 East 7th Street 100157 2177 East Apache Blvd 202158 District, The 500159 Park Place 285160 Pier, The 586161 Tempe Crossroads 264162 1850 East Main 100163 Sycamore Station 300164 Desert Jewel Phase III 72165 Village Square at Dana Park 320166 Falcon Pointe at Pinelake 176167 Sterling at Verde, The 340168 Village Greens of Queen Creek 50169 Williams Gateway 198171 Avilla Centerra Crossing 192173 Christopher Todd Communities Estrella Commons 286187 North 3rd Street & East Pierce Street Phase II 204188 North 3rd Street & East Pierce Street Phase III 156
Total Prospective 6,88
Source: Yardi Matrix5 mi
1
19
11
29
4
47
48
41
40
28
22 30 33
23
49
2131
52
44
45
32
25
7874
11373
7779
75
85
8183
86
84
80
114
82
91
87 90115 89 88
93
92
101 94
9699
98102
97
95
100
103104
105
168
167
165
162163
164155
134
151
149
150
147
146148
145143
187 188
153
154
171173
166
157
152
159
161
156
144
160158
169
116
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
1 San Piedra 4510 East Banner Gateway Drive Mesa AZ 85206 Lease-up 346 18S - Superstition Springs 05/10/2017 08/31/2019 08/01/20182 San Valencia 1450 East Germann Road Chandler AZ 85286 Lease-up 382 19E - Gilbert 02/01/2017 07/31/2019 03/01/20183 Liv North Valley 31113 North North Valley Pkwy Phoenix AZ 85085 Lease-up 385 21W - Deer Valley 05/01/2017 04/30/2019 07/01/20184 Local, The 750 South Ash Avenue Tempe AZ 85281 Lease-up 286 16N - North Tempe 08/15/2017 03/31/2019 09/01/20185 Avilla Lehi 3425 East Thomas Road Mesa AZ 85213 Lease-up 118 17N - North Mesa 09/01/2017 03/31/2019 08/08/20186 Camden North End 6800 East Mayo Blvd Phoenix AZ 85054 Lease-up 441 21E - Union Hills 01/01/2017 03/31/2019 04/14/20187 Elevation Plaza del Rio 13310 North Plaza Del Rio Blvd Peoria AZ 85381 Lease-up 333 5 - Sun City - Youngtown - Peoria 04/15/2017 02/28/2019 04/15/20188 Summerly at Zanjero 7375 North Zanjero Blvd Glendale AZ 85305 Lease-up 344 6 - Glendale 06/15/2017 02/28/2019 04/13/20189 Noria 2177 South McQueen Road Chandler AZ 85286 Lease-up 237 19E - Gilbert 01/01/2017 02/28/2019 01/01/201810 Liv Goodyear 15361 West Virginia Avenue Goodyear AZ 85395 Lease-up 326 20 - Western Suburbs 03/01/2017 12/31/2018 04/21/201811 Alta San Marcos 445 West Chandler Blvd Chandler AZ 85225 Lease-up 273 19W - Chandler 02/15/2017 12/31/2018 04/02/201812 Parc Midtown 3993 North 3rd Avenue Phoenix AZ 85013 Lease-up 306 11 - Uptown 01/01/2017 11/30/2018 02/01/201813 Overture Kierland 7170 East Tierra Buena Lane Scottsdale AZ 85254 Lease-up 170 2N - North Paradise Valley 01/15/2017 11/30/2018 12/01/201714 Alta Central 4001 North Central Avenue Phoenix AZ 85012 Lease-up 223 11 - Uptown 04/01/2017 10/31/2018 05/15/201815 Elux at Tramonto 35035 North North Valley Pkwy Phoenix AZ 85085 Lease-up 138 21W - Deer Valley 06/01/2017 10/31/2018 02/01/201816 San Portales 7215 East Silverstone Drive Scottsdale AZ 85255 Lease-up 262 1N - North Scottsdale 08/15/2016 10/31/2018 08/15/201717 Ascend on Cave Creek 23555 East Desert Peak Pkwy Phoenix AZ 85024 Lease-up 240 21E - Union Hills 03/27/2017 09/30/2018 01/05/201818 Alta Camelback 4949 North 7th Street Phoenix AZ 85014 Lease-up 237 11 - Uptown 12/01/2016 09/30/2018 01/03/201819 Premiere at Dana Park 1439 South Val Vista Drive Mesa AZ 85204 Lease-up 198 18S - Superstition Springs 11/01/2015 09/30/2018 11/01/201720 Park Place 16725 East Avenue of the Fountains Fountain Hills AZ 85268 Lease-up 230 1N - North Scottsdale 10/01/2016 09/30/2018 10/07/2017
TOTAL LEASE-UP 5,47521 Cameron, The 2092 East Rio Salado Pkwy Tempe AZ 85281 Under Construction 349 16N - North Tempe 07/13/2018 06/30/202022 Stewart, The 800 North Central Avenue Phoenix AZ 85004 Under Construction 312 14 - Sky Harbor 09/01/2017 06/30/202023 Ryan, The SEC South 1st Street & East Washington Street Phoenix AZ 85004 Under Construction 330 14 - Sky Harbor 05/26/2017 05/31/202024 Mayo Blvd & 66th Street 6611 East Mayo Blvd Phoenix AZ 85054 Under Construction 349 21E - Union Hills 06/01/2018 05/31/202025 Sky at Chandler Airpark 1441 East Germann Road Chandler AZ 85286 Under Construction 504 19E - Gilbert 03/17/2018 04/30/202026 Montreux NWC North 56th Street & East Deer Valley Drive Phoenix AZ 85054 Under Construction 335 21E - Union Hills 03/15/2018 03/31/202027 Crescent Midtown NEC North 3rd Street & East Earll Drive Phoenix AZ 85012 Under Construction 329 11 - Uptown 08/27/2018 02/29/202028 Broadstone Grand 1003 West Washington Street Tempe AZ 85281 Under Construction 300 16N - North Tempe 06/15/2018 02/29/202029 Christopher Todd Communities at Stadium North 99th Avenue & West Missouri Avenue Glendale AZ 85305 Under Construction 313 6 - Glendale 05/01/2018 12/31/201930 Derby, The NWC North 2nd Street & East McKinley Street Phoenix AZ 85004 Under Construction 211 14 - Sky Harbor 03/15/2017 12/31/201931 Aura at Watermark 420 North Scottsdale Road Tempe AZ 85281 Under Construction 360 16N - North Tempe 09/01/2017 09/30/201932 Brighton Place 955 North Jackson Street Chandler AZ 85225 Under Construction 53 19E - Gilbert 07/27/2018 09/30/201933 LINK PHX, The NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Under Construction 257 14 - Sky Harbor 12/01/2017 09/30/201934 Residences at Chauncey Lane SEC East Chauncey Lane & North Scottsdale Road Scottsdale AZ 85255 Under Construction 301 1N - North Scottsdale 10/02/2017 08/31/201935 Osborn Residences SWC North 7th Avenue & West Osborn Road Phoenix AZ 85013 Under Construction 190 11 - Uptown 02/15/2018 08/31/201936 Avalon 2005 North 103rd Avenue Avondale AZ 85392 Under Construction 400 20 - Western Suburbs 12/01/2017 08/31/201937 Broadstone Midtown 240 West Osborn Road Phoenix AZ 85013 Under Construction 200 11 - Uptown 01/15/2018 06/30/201938 Optima Sonoran Village Phase III 6895 East Camelback Road Scottsdale AZ 85251 Under Construction 172 1S - South Scottsdale 03/15/2018 05/31/201939 Angela, The 2727 East Camelback Road Phoenix AZ 85016 Under Construction 253 9 - East Camelback 09/15/2017 05/31/201940 Novel Rio Salado 815 West Rio Salado Pkwy Tempe AZ 85281 Under Construction 209 16N - North Tempe 10/15/2017 05/31/201941 Skyview 855 South Rural Road Tempe AZ 85281 Under Construction 429 16N - North Tempe 04/01/2017 05/31/201942 Christopher Todd Communities on Camelback West Camelback Road & North El Mirage Road Litchfield Park AZ 85340 Under Construction 167 20 - Western Suburbs 03/01/2018 05/31/201943 District at Scottsdale, The 15446 North Greenway-Hayden Loop Scottsdale AZ 85260 Under Construction 332 1N - North Scottsdale 09/01/2017 04/30/201944 Core Chandler, The 5151 South Arizona Avenue Chandler AZ 85248 Under Construction 220 19E - Gilbert 10/01/2017 04/30/201945 Arista at Ocotillo South Dobson Road & West Edgewater Way Chandler AZ 85248 Under Construction 210 19W - Chandler 08/15/2017 04/30/201946 Alta Drinkwater 3234 North Scottsdale Road Scottsdale AZ 85251 Under Construction 277 1S - South Scottsdale 06/15/2017 03/31/201947 Jacinto Place SWC South 24th Street & East Jacinto Avenue Mesa AZ 85204 Under Construction 104 18S - Superstition Springs 04/15/2018 03/31/201948 East Germann Road & South McQueen Road 1135 East Germann Road Chandler AZ 85286 Under Construction 320 19E - Gilbert 07/01/2017 03/31/201949 Christopher Todd Communities Country Place NWC South 99th Avenue & West Lower Buckeye Road Phoenix AZ 85353 Under Construction 154 20 - Western Suburbs 11/01/2017 02/28/201950 View 32 10801 North 32nd Street Phoenix AZ 85028 Under Construction 135 3 - Sunnyslope 10/01/2017 12/31/201851 Circa Central Avenue 1505 North Central Avenue Phoenix AZ 85004 Under Construction 227 14 - Sky Harbor 06/01/2017 12/31/201852 Jefferson Town Lake 946 East Playa del Norte Drive Tempe AZ 85281 Under Construction 244 16N - North Tempe 06/15/2016 12/31/201853 Glen Arbor Phase II 2250 West Glendale Avenue Phoenix AZ 85021 Under Construction 50 4S - Metrocenter 11/01/2017 11/30/2018
TOTAL UNDER CONSTRUCTION 8,59654 3250 West Indian School Road 3250 West Indian School Road Phoenix AZ 85016 Planned 8155 District at Scottsdale Phase II NEC North 73rd Street & North Greenway-Hayden Loop Scottsdale AZ 85260 Planned 290 1N - North Scottsdale56 Princess Hayden North Hayden Road & East Princess Blvd Scottsdale AZ 85255 Planned 350 1N - North Scottsdale57 Residence at 90th Street & San Victor NEC North 90th Street & East San Victor Drive Scottsdale AZ 85258 Planned 179 1N - North Scottsdale58 Scottsdale Quarter 15125 North Scottsdale Road Scottsdale AZ 85254 Planned 300 1N - North Scottsdale59 2040 North Scottsdale Road 2040 North Scottsdale Road Scottsdale AZ 85257 Planned 170 1S - South Scottsdale60 L'Esperance NWC North Scottsdale Road & East Earll Drive Scottsdale AZ 85251 Planned 77 1S - South Scottsdale61 McDowell, The 6601 East McDowell Road Scottsdale AZ 85257 Planned 371 1S - South Scottsdale62 Papago Plaza SEC East McDowell Road & North Scottsdale Road Scottsdale AZ 85257 Planned 247 1S - South Scottsdale63 Peacock Scottsdale 4601 North Scottsdale Road Scottsdale AZ 85251 Planned 146 1S - South Scottsdale64 T83 8114 West Thunderbird Road Peoria AZ 85381 Planned 183 5 - Sun City - Youngtown - Peoria65 Camelback 95 5151 North 95th Avenue Glendale AZ 85305 Planned 240 6 - Glendale66 Alta Marlette NEC North 7th Street & East Marlette Avenue Phoenix AZ 85014 Planned 229 8 - Christown
Source: Yardi Matrix
Phoenix New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
67 Pearl Biltmore 4640 North 24th Street Phoenix AZ 85016 Planned 474 9 - East Camelback68 40 East Mixed Use 4040 East McDowell Road Phoenix AZ 85008 Planned 71 10 - Central East Phoenix69 Urban Connected Phase II 1220 North 44th Street Phoenix AZ 85008 Planned 50 10 - Central East Phoenix70 31 East Thomas Road 31 East Thomas Road Phoenix AZ 85012 Planned 256 11 - Uptown71 Columbus NEC North Central Avenue & East Columbus Avenue Phoenix AZ 85012 Planned 223 11 - Uptown72 Omninet West 4800 North Central Avenue Phoenix AZ 85012 Planned 286 11 - Uptown73 520 West Van Buren Street 520 West Van Buren Street Phoenix AZ 85003 Planned 245 14 - Sky Harbor74 Aspire Fillmore 601 North 3rd Avenue Phoenix AZ 85003 Planned 198 14 - Sky Harbor75 Cabana on Washington 5240 East Washington Street Phoenix AZ 85034 Planned 220 14 - Sky Harbor76 City Center on the Park SWC North 2nd Street & East Willetta Street Phoenix AZ 85004 Planned 345 14 - Sky Harbor77 Kenect Phoenix 355 North Central Avenue Phoenix AZ 85004 Planned 320 14 - Sky Harbor78 McKinley & 2nd NWC North 2nd Avenue & West McKinley Street Phoenix AZ 85003 Planned 108 14 - Sky Harbor79 Palmcourt Tower NWC North 5th Street & East Van Buren Street Phoenix AZ 85004 Planned 354 14 - Sky Harbor80 1980 East Broadway Road 1980 East Broadway Road Tempe AZ 85282 Planned 90 16N - North Tempe81 7th & Forest 707 South Forest Avenue Tempe AZ 85281 Planned 328 16N - North Tempe82 Broadstone Rio Salado 2325 East Rio Salado Pkwy Tempe AZ 85281 Planned 276 16N - North Tempe83 Collective, The SWC East 7th Street & South Myrtle Avenue Tempe AZ 85281 Planned 269 16N - North Tempe84 Eastline Village 2001 East Apache Blvd Tempe AZ 85281 Planned 220 16N - North Tempe85 Hayden, The NWC East 6th Street & South College Avenue Tempe AZ 85281 Planned 50 16N - North Tempe86 Millennium at Rio Salado 2110 East Rio Salado Pkwy Tempe AZ 85281 Planned 260 16N - North Tempe87 Country Club Drive & Main Street NWC North Country Club Drive & West Main Street Mesa AZ 85201 Planned 200 17N - North Mesa88 East Main Street & South Mesa Drive SEC East Main Street & South Mesa Drive Mesa AZ 85204 Planned 252 17N - North Mesa89 Grid, The East Main Street & South Pomeroy Mesa AZ 85201 Planned 190 17N - North Mesa90 West Pepper Place & North Robson SEC West Pepper Place & North Robson Mesa AZ 85201 Planned 70 17N - North Mesa91 Landing at Fiesta Village, The NWC South Alma School Road & West Southern Avenue Mesa AZ 85210 Planned 220 17S - South Mesa92 Christopher Todd Communities Ellsworth & University SWC North Ellsworth Road & East University Drive Mesa AZ 85207 Planned 145 18N - East Mesa93 Baseline Gateway NEC East Baseline Road & North Greenfield Road Mesa AZ 85206 Planned 344 18S - Superstition Springs94 BB Living at Eastmark East Ray Road & South Eastmark Pkwy Mesa AZ 85212 Planned 132 18S - Superstition Springs95 BB Living at Val Vista East Germann Road & South Rome Street Gilbert AZ 85297 Planned 216 19E - Gilbert96 Crossing at Cooley Station, The NEC South Wade Drive & East Williams Field Road Gilbert AZ 85295 Planned 408 19E - Gilbert97 Elevation San Tan East Boston Street & South Santan Village Pkwy Gilbert AZ 85295 Planned 297 19E - Gilbert98 EpiCenter at Agritopia NWC East Ray Road & South Higley Road Gilbert AZ 85296 Planned 287 19E - Gilbert99 Lyon's Gate NWC South Wade Drive & East Williams Field Road Gilbert AZ 85295 Planned 360 19E - Gilbert100 Noria Phase II 2177 South McQueen Road Chandler AZ 85286 Planned 246 19E - Gilbert101 Premier at Eastmark South Ellsworth Road & East Ray Road Mesa AZ 85212 Planned 216 19E - Gilbert102 Santan Village SEC East Ray Road & South Santan Village Pkwy Gilbert AZ 85295 Planned 301 19E - Gilbert103 DC Heights 201 West Commonwealth Avenue Chandler AZ 85225 Planned 250 19W - Chandler104 District at Chandler NWC South 95th Street & West Frye Road Chandler AZ 85224 Planned 320 19W - Chandler105 Riata 3775 West Chandler Blvd Chandler AZ 85226 Planned 300 19W - Chandler106 Christopher Todd Communities at Marley Park SWC West Old Oak Lane & North Whisperwood Drive Surprise AZ 85379 Planned 173 20 - Western Suburbs107 Harmony at Goodyear 4195 North Falcon Drive Goodyear AZ 85395 Planned 288 20 - Western Suburbs108 Camden North End Phase II 6800 East Mayo Blvd Phoenix AZ 85054 Planned 628 21E - Union Hills109 Avilla Paseo SWC North 35th Avenue & West Deer Valley Road Phoenix AZ 85027 Planned 89 21W - Deer Valley110 Bungalows on Jomax, The 27441 North Black Canyon Hwy Phoenix AZ 85085 Planned 141 21W - Deer Valley111 Sage Phase II 28425 North Black Canyon Hwy Phoenix AZ 85085 Planned 232 21W - Deer Valley112 West Happy Valley Road & North Lake Pleasant Pkwy West Happy Valley Road & North Lake Pleasant Pkwy Peoria AZ 85383 Planned 140 21W - Deer Valley113 Fillmore, The 355 North 5th Avenue Phoenix AZ 85003 Planned 609 14 - Sky Harbor114 Apache & Terrace Apache Blvd & South Terrace Road Tempe AZ 85281 Planned 391 16N - North Tempe115 Footprint SWC North Center Street & West Main Street Mesa AZ 85210 Planned 70 17N - North Mesa
TOTAL PLANNED 15,021116 Ironwood District, The SEC East Ocotillo Road & North Gantzel Road San Tan Valley AZ 85140 Prospective 50117 15515 North Scottsdale Road 15515 North Scottsdale Road Scottsdale AZ 85254 Prospective 150 1N - North Scottsdale118 Crossroads East Loop 101 & North Scottsdale Road Scottsdale AZ 85255 Prospective 250 1N - North Scottsdale119 La Via 16001 North Scottsdale Road Scottsdale AZ 85254 Prospective 100 1N - North Scottsdale120 1000 North Scottsdale Road 1000 North Scottsdale Road Scottsdale AZ 85257 Prospective 282 1S - South Scottsdale121 Blue Sky 4649 North Scottsdale Road Scottsdale AZ 85251 Prospective 329 1S - South Scottsdale122 East Highland & Goldwater Blvd 7001 East Highland Avenue Scottsdale AZ 85251 Prospective 100 1S - South Scottsdale123 Museum Square NWC East 2nd Street & North Marshall Way Scottsdale AZ 85251 Prospective 300 1S - South Scottsdale124 Palmeraie SWC East Indian Bend Road & North Scottsdale Road Scottsdale AZ 85253 Prospective 50 1S - South Scottsdale125 Scottsdale Entrada NEC North 64th Street & East McDowell Road Scottsdale AZ 85257 Prospective 560 1S - South Scottsdale126 WaterView North 73rd Street & East Camelback Road Scottsdale AZ 85251 Prospective 240 1S - South Scottsdale127 Acoma Court SWC East Acoma Drive & North Scottsdale Road Scottsdale AZ 85254 Prospective 475 2N - North Paradise Valley128 LMC Kierland 15825 North 71st Street Scottsdale AZ 85254 Prospective 299 2N - North Paradise Valley129 North 24th Street & Arizona Biltmore Circle North 24th Street & Arizona Biltmore Circle Phoenix AZ 84016 Prospective 320 2S - South Paradise Valley130 Metro Marketplace NWC North Black Canyon Fwy & West Dunlap Avenue Phoenix AZ 85051 Prospective 100 4S - Metrocenter131 Metrocenter North 28th Drive & North Metro Pkwy East Phoenix AZ 85051 Prospective 250 4S - Metrocenter132 Landmark on 67th NWC North 67th Avenue & West Olive Avenue Peoria AZ 85345 Prospective 56 5 - Sun City - Youngtown - Peoria133 Arcadia Grand 2165 North 44th Street Phoenix AZ 85008 Prospective 331 10 - Central East Phoenix
Source: Yardi Matrix
Phoenix New Construction and Proposed Multifamily Projects
ID PROPERTY NAME ADDRESS CITY STATE ZIP STATUS UNITS SUBMARKET PERMIT DATE FORECASTED COMPLETION DATE START OF RENT-UP
134 Imperial, The 919 North 20th Street Phoenix AZ 85006 Prospective 140 10 - Central East Phoenix135 North 44th Street & East Palm Lane North 44th Street & East Palm Lane Phoenix AZ 85008 Prospective 66 10 - Central East Phoenix136 Pinnacle Club 2702 North 44th Street Phoenix AZ 85008 Prospective 164 10 - Central East Phoenix137 333 East Mulberry Drive 333 East Mulberry Drive Phoenix AZ 85012 Prospective 104 11 - Uptown138 4040 - 4060 North Central Avenue 4040 North Central Avenue Phoenix AZ 85012 Prospective 100 11 - Uptown139 Broadstone Central 3450 North Central Avenue Phoenix AZ 85012 Prospective 192 11 - Uptown140 C17 SWC North 17th Avenue & West Camelback Road Phoenix AZ 85015 Prospective 330 11 - Uptown141 Camelback & Central SWC East Camelback Road & North Central Avenue Phoenix AZ 85013 Prospective 120 11 - Uptown142 Omninet East 4801 North Central Avenue Phoenix AZ 85012 Prospective 181 11 - Uptown143 Canyon, The NEC North Central Avenue & East Fillmore Street Phoenix AZ 85004 Prospective 100 14 - Sky Harbor144 Encore Residential on Van Buren 4633 East Van Buren Street Phoenix AZ 85008 Prospective 222 14 - Sky Harbor145 North 2nd Avenue & West Fillmore Street SWC North 2nd Avenue & West Fillmore Street Phoenix AZ 85003 Prospective 100 14 - Sky Harbor146 North 2nd Avenue & West Monroe Street SWC North 2nd Avenue & West Monroe Street Phoenix AZ 85003 Prospective 100 14 - Sky Harbor147 Phoenix Ballpark 421 South 3rd Street Phoenix AZ 85004 Prospective 275 14 - Sky Harbor148 Phoenix Central Station 300 North Central Avenue Phoenix AZ 85004 Prospective 476 14 - Sky Harbor149 Presidential, The 1100 East Jefferson Street Phoenix AZ 85034 Prospective 84 14 - Sky Harbor150 R Cubed SWC North 3rd Avenue & West Roosevelt Street Phoenix AZ 85003 Prospective 120 14 - Sky Harbor151 St. Ambrose North 12th Street & East Van Buren Street Phoenix AZ 85006 Prospective 200 14 - Sky Harbor152 3338-3402 East Southern Avenue 3338 East Southern Avenue Phoenix AZ 85040 Prospective 258 15N - South Phoenix153 Laveen Gardens 6650 South 27th Avenue Phoenix AZ 85041 Prospective 102 15N - South Phoenix154 McClellan Ranch West Dobbins Road & South 67th Avenue Laveen AZ 85339 Prospective 132 15N - South Phoenix155 South Mountain Park & Preserve NEC South 7th Street & East Mineral Road Phoenix AZ 85042 Prospective 240 15N - South Phoenix156 11 East 7th Street 11 East 7th Street Tempe AZ 85281 Prospective 100 16N - North Tempe157 2177 East Apache Blvd 2177 East Apache Blvd Tempe AZ 85281 Prospective 202 16N - North Tempe158 District, The SEC East Rio Salado Pkwy & South Rural Road Tempe AZ 85281 Prospective 500 16N - North Tempe159 Park Place 1135 East Apache Blvd Tempe AZ 85281 Prospective 285 16N - North Tempe160 Pier, The 1190 East Vista Del Lago Drive Tempe AZ 85281 Prospective 586 16N - North Tempe161 Tempe Crossroads 1010 East Orange Street Tempe AZ 85281 Prospective 264 16N - North Tempe162 1850 East Main 1850 East Main Street Mesa AZ 85203 Prospective 100 17N - North Mesa163 Sycamore Station 1830 West Main Street Mesa AZ 85201 Prospective 300 17N - North Mesa164 Desert Jewel Phase III 2800 North Arizona Avenue Chandler AZ 85225 Prospective 72 17S - South Mesa165 Village Square at Dana Park NWC East Baseline Road & South Val Vista Drive Mesa AZ 85204 Prospective 320 18S - Superstition Springs166 Falcon Pointe at Pinelake SEC East Ocotillo Road & South Pinelake Way Chandler AZ 85249 Prospective 176 19E - Gilbert167 Sterling at Verde, The SWC South Recker Road & East Williams Field Road Gilbert AZ 85295 Prospective 340 19E - Gilbert168 Village Greens of Queen Creek SEC South Rittenhouse Road & East Village Loop Road North Queen Creek AZ 85142 Prospective 50 19E - Gilbert169 Williams Gateway 17888 East Williams Field Road Gilbert AZ 85295 Prospective 198 19E - Gilbert170 1610 North 91st Avenue 1610 North 91st Avenue Phoenix AZ 85037 Prospective 166 20 - Western Suburbs171 Avilla Centerra Crossing SEC North Estrella Pkwy & West Van Buren Road Goodyear AZ 85338 Prospective 192 20 - Western Suburbs172 Centerscape at Palm Valley SEC North Bullard Avenue & West McDowell Road Goodyear AZ 85338 Prospective 50 20 - Western Suburbs173 Christopher Todd Communities Estrella Commons 15354 West Van Buren Street Goodyear AZ 85338 Prospective 286 20 - Western Suburbs174 Christopher Todd Communities on Dysart SWC North Dysart Road & West Indian School Road Avondale AZ 85392 Prospective 370 20 - Western Suburbs175 North 146th Avenue & West Palm Lane SEC North 146th Avenue & West Palm Lane Goodyear AZ 85395 Prospective 188 20 - Western Suburbs176 Peoria Avenue & Perryville Road NWC West Peoria Avenue & North Perryville Road Waddell AZ 85355 Prospective 250 20 - Western Suburbs177 Virtua 99th North 99th Avenue & West Encanto Blvd Avondale AZ 85392 Prospective 250 20 - Western Suburbs178 Wilshire North 83rd Avenue & West Palm Lane Phoenix AZ 85037 Prospective 136 20 - Western Suburbs179 Shea at North Tatum SEC East Grovers Avenue & North Tatum Blvd Phoenix AZ 85254 Prospective 1044 21E - Union Hills180 Trillium 101 20350 North 7th Avenue Phoenix AZ 85027 Prospective 295 21E - Union Hills181 Avilla Lake Pleasant NWC West Beardsley Road & North Lake Pleasant Road Peoria AZ 85382 Prospective 120 21W - Deer Valley182 Jomax West Jomax Road & Norterra Pkwy Phoenix AZ 85085 Prospective 260 21W - Deer Valley183 NorTerra Mixed Use NWC North 19th Avenue & West Happy Valley Road Phoenix AZ 85085 Prospective 1100 21W - Deer Valley184 Christopher Todd at Vistancia SWC West Happy Valley Road & North Vistancia Blvd Peoria AZ 85383 Prospective 222 22W - Southwest Maricopa County185 Happy Valley SWC West Happy Valley Road & Loop 303 Peoria AZ 85383 Prospective 250 22W - Southwest Maricopa County186 Lake Pleasant Heights West Lone Mountain Pkwy & North El Mirage Road Peoria AZ 85383 Prospective 100 22W - Southwest Maricopa County187 North 3rd Street & East Pierce Street Phase II NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Prospective 204 14 - Sky Harbor188 North 3rd Street & East Pierce Street Phase III NEC North 3rd Street & East Pierce Street Phoenix AZ 85004 Prospective 156 14 - Sky Harbor
TOTAL PROSPECTIVE 17,180TOTAL PHOENIX 46,272
Source: Yardi Matrix© 2018 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
Phoenix New Construction and Proposed Multifamily Projects
