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. Read more: New Chandler high-end townhouses called key for downtown growth
Labels:
arizona,
Chandler,
commercial real estate