Phoenix luxury apartment developers rolling out new units

A glut of apartment units forced management companies and owners to sell assets during the economic downturn, but now luxury brands Mark-Taylor Residential Inc. and Trillium Residential are bringing new developments to the market.

Read the rest of the article here: Phoenix Business Journal luxury apartment developers story

 

 

hardison/downey tapped to build upscale multifamily development

PHOENIX (March 23, 2012) – hardison/downey construction inc. (h/d) has been awarded construction of a new 382-unit, garden-style apartment complex in Gilbert.

The Santan Village Apartments will break ground this month. The parcel, located at Williams Field Road and Santan Village Parkway, was acquired earlier this year by Del Mar, Calif.-based multifamily developer LWI Properties. The owner’s representative is MKG Consulting. The project is designed by Orange, Calif.-based Architects Orange.

Located at Williams Field Road and Santan Village Parkway, the 575,000-square-foot project will include 22 two- and three-story apartment buildings, as well as a two-story clubhouse with a fitness center, theatre, and resort-style swimming pool with indoor/outdoor cabanas. Solar panels will be installed on parking shelters to provide energy to the complex.

“Our experience and reputation in multifamily and student housing projects is prompting more work, especially as the Valley stages a comeback starting with the rental housing market,” said hardison/downey President Bob Hardison.

hardison/downey has several multi-family and student housing projects currently under construction. The company broke ground on the Concord Eastridge complex in downtown Phoenix earlier this month, and is constructing major housing projects at ASU, NAU and the University of New Mexico.

About hardison/downey construction, inc.

Founded in 1985, hardison/downey’s commercial building expertise includes student housing, senior living and multi-family projects, as well as Class A office, back office, retail, banking, restaurant, resort, manufacturing, high-tech, medical, laboratory, and industrial distribution. More information is at www.hardisondowney.com.