AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening of AVE Paradise Valley, a new residential community with 400 apartments in the reimagined Paradise Valley Mall site. The state-of-the-art, mid-rise property becomes the first residential project to open within the vibrant mixed-use development.
“AVE Paradise Valley brings a completely unparalleled living experience to Arizona’s newest, most desirable district – featuring resort-style amenities and high-touch service. Centrally located in PV, residents enjoy immediate access to an on-site Whole Foods plus tons of dynamic shopping, dining and entertainment options,” said President of AVE and COO of Korman Communities, Lea Anne Welsh. “This milestone also marks our third AVE property to open in the thriving region, following the success of our two communities in Downtown Phoenix – AVE Phoenix Terra and AVE Phoenix Sky.”
AVE Paradise Valley features a high-touch, dedicated service team, along with 36,200 square feet of indoor/outdoor amenity space. Highlights include an on-site Whole Foods; resort-style swimming pool; full-service, on-site bar; state-of-the-art fitness center; pet parlor with spa, lounge and dog park; electric vehicle charging stations; and several outdoor courtyards with firepit lounges. Three acres of open space with landscaped pathways connect residents to a plethora of walkable shopping and dining destinations, such as the recently opened Sephora, Flower Child, Blanco Reserve Cocina + Cantina and Trevor’s Liquor.
Designed by Nelsen Partners and Streetlights Creative Studio, AVE’s newest community offers 400 luxury apartments, including traditional apartment rentals and fully furnished apartments with flexible lease options. Residences include studios starting at $1,664, one-bedrooms starting at $2,122, two-bedrooms starting at $3,275 and three-bedrooms starting at $5,327.
All residences boast 10-foot ceilings, contemporary kitchens with GE stainless steel appliances, quartz or granite countertops, abundant closet space, GE washers and dryers, private patios or balconies, and spa-inspired bathrooms.
The property is conveniently located 10 minutes from Scottsdale Airpark and 25 minutes from Phoenix Sky Harbor International Airport. Residents also enjoy easily accessible high-end shopping, dining, golf courses, hiking, biking, art and sports, all within 30 minutes or less by car.
“We are thrilled to open our third signature project in the Phoenix market with our partners at AVE, furthering our shared commitment to delivering a best-in-class, fulfilling residential experience,” said Whitney Arcaro, RXR’s Chief Revenue Officer, Residential.
