North American data center demand surged last year, driving a record amount of construction, with Phoenix boasting some of the highest average asking rates ($170 – $210) for 250-500 kilowatt (kW) per month, according to CBRE’s latest North American Data Center Trend Report. Phoenix’s total inventory increased to 602.8 megawatts (MW) (a 67% increase year over year), ranking … [More]
Luxury Homebuilder Plans for New Peoria Community
Scottsdale-based family-owned luxury homebuilder, Camelot Homes, is planning a new luxury community in Peoria, Arizona, within Castle Hill Partners' new 5,300-acre development called Saddleback. Designed for adventure seekers and those drawn to the serenity of the Sonoran Desert, Saddleback offers an unbeatable location just northwest of Phoenix. With Lake Pleasant Regional … [More]
Builder’s Plan for 662 Homes across Four Gated Neighborhoods, Sales Underway
Tri Pointe Homes Arizona, a recognized leader serving the Phoenix market for over 30 years under the name Maracay, has announced the grand opening and sales launch of Soleo, its new planned community in San Tan Valley. Spanning 252 acres and an anticipated 1,435 total homes upon completion, Soleo’s first phase is planned to include 662 homesites across four vehicularly gated … [More]
Single-Family Build-to-Rent Co. Unveils 108 Rental Townhomes in Desert Ridge
Scottsdale-based BB Living, a leader in single-family build-to-rent (BTR) housing communities, announced BB Living Desert Ridge, a brand new community of 108 luxury single family rental townhomes in the Desert Ridge area. With mortgage rates projected to remain high in 2025, purchasing a home is not affordable for many, especially in prime areas like the new Talinn … [More]
Rental Housing Developer Breaks Ground on First Tempe Development
Greenlight Communities, known as a trailblazing developer of attainable rental housing, together with partner Holualoa Companies, is set to break ground on its first Tempe community, Cabana Kyrene. The groundbreaking event is scheduled for March 20, 2025, at 9 a.m., marking a significant milestone in the company’s expansion. Cabana Kyrene will introduce 229 new rental homes, … [More]
Developer Opens Diverse Housing Option in North Phoenix
Liv+ Union Peak, the newest addition to the diverse housing options in North Phoenix's vibrant Norterra and Union Park communities, recently celebrated its grand opening with a ribbon-cutting ceremony. The flagship 55+ age-qualified community at 25400 N. 21st Ave., offers an exceptional lifestyle for residents, blending upscale amenities with a friendly and engaging … [More]