24 Jul AVENUE NORTH ACQUIRES 6.7 ACRES IN PHOENIX, AZ
Jun 2021
Avenue North, LLC acquired 6.7 acres near the intersection of 7th St and Euclid in Phoenix, AZ. The company plans to build 84 townhome units with private backyards. The community will complement the company’s 85 unit and 80 unit developments near 16th St and Baseline.
With access to downtown Phoenix, Tempe, Scottsdale, and Sky Harbor Airport, the property is ideally located for a new residential community. Construction on the new residential community is anticipated to begin in early 2022.
DEVELOPMENT
On development tab and also active investments, please add these projects:
Proximity 7th St
Proximity 7th St will feature 84 newly constructed townhome units on 6.7 acres in Phoenix, AZ. The units consist entirely of two story townhomes. Construction is estimated to begin in 2022.
Proximity 36th St
Proximity 36th St will feature 192 newly constructed townhome units on 17.8 acres in Phoenix, AZ. The units consist entirely of two story townhomes. Construction is estimated to begin in 2022.
Proximity Central
Proximity Central will feature 243 newly constructed garden style apartments on 10 acres in Phoenix, AZ. The homes are walking distance to the future light rail station which provides access into downtown Phoenix, Scottsdale, Tempe, and Sky Harbor airport. Construction is estimated to begin in 2022.