AVENUE NORTH ACQUIRES 10 ACRES IN PHOENIX, AZ

AVENUE NORTH ACQUIRES 10 ACRES IN PHOENIX, AZ

Jun 2021

Avenue North, LLC acquired 10 acres near the intersection of Central and Baseline in Phoenix, AZ.  The company plans to build 243 garden style apartment units in mostly 2 story buildings.  The community will feature a fitness center, co-work space, dog park, and garages and is walking distance to the future light rail station located at Central and Baseline.  The light rail provides access into downtown Phoenix, Tempe, Scottsdale, and Sky Harbor Airport.  Construction on the new residential community is anticipated to begin in 2022.