Sunday, November 25, 2012

New Chandler high-end townhouses called key for downtown growth

After wrapping the residential phase of a roughly $50 million project designed to bring vibrancy and customers downtown, developers and Chandler are moving on to the plan’s commercial elements.

Desert Viking Properties broke ground on Villas & Shops at San Marcos Commons before the recession hit, ultimately riding out the economic downturn to build 79 high-end townhouses at Arizona Avenue and Chandler Boulevard. All but seven have been sold.

Chandler believes the complex, along with a nearby townhouse community built by Tempe-based Benton-Robb Development Associates, marks a significant step in the city’s effort to create a consistently active downtown. The city's South Arizona Avenue Entry Corridor Study calls for 1,800 residential units between Boston Street and Pecos Road.

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