Greenlight Communities will develop 2nd ‘Cabana’ property in Goodyear

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A 2nd new multifamily growth catering to people and households on the lookout for high quality housing at appealing regular rents is coming to Goodyear. Scottsdale-based mostly Greenlight Communities will create a new improvement under its Cabana model on a 10-acre residence at Bullard Ave and Van Buren St in Goodyear, with 336 new units planned for the site. Greenlight acquired the home in late November and designs to split ground on the new undertaking in Spring 2021.

Greenlight Communities also broke floor final thirty day period on Cabana Encanto, located at 2323 N. 150th Drive in Goodyear. The 8.8-acre parcel was obtained in June 2020 and development is established for completion in the wintertime of 2021. 

Cabana Bullard is situated in an emerging region of the local community with brief and uncomplicated access to Interstate 10 for commuters. The property is a limited length absent from cafe and retail amenities. Equally properties provide attainable housing in really near proximity to prime Goodyear employers, these types of as Microsoft, Amazon, Chewy and Cancer Therapies Facilities of The us. 

Greenlight Communities is the very first corporation to innovatively focus solely on developing “attainable” housing to fill the void involving affordable and luxurious residences, using their foremost-edge small business and advancement model to produce a just one-of-a-variety housing different for center-class citizens doing work in fields this sort of as educating, health care and community basic safety. 

“The City of Goodyear has been a tremendous companion to work with and we are thrilled to be constructing a 2nd Cabana home in the group,” said Patricia Watts, principal of Greenlight Communities. “Goodyear is an excellent locale for the sort of significant-high quality but attainable housing that is at the main of our mission at Greenlight Communities. We are wanting ahead to producing this job a truth and delivering a lot more housing options for Goodyear individuals and people.” 

Greenlight’s Cabana Bullard is a joint enterprise concerning Greenlight and American Realty Advisors.

Greenlight is at this time in the course of action of making much more than 3,000 new Cabana units in the Phoenix metro spot and outside of. The Goodyear jobs are the sixth and seventh new-construct Cabana tasks to date, and will make use of Greenlight’s revolutionary technique and industry-shifting models to develop communities with fair rent fees.

“We have been really pleased with the momentum we have found for the Cabana attributes throughout the Valley,” explained Dan Richards, principal at Greenlight Communities.  “There’s these kinds of a crystal clear require for a products designed to be attainable for men and women who function in a wide spectrum of industries and are seeking for a comfy and welcoming dwelling natural environment at a acceptable price.” 

Greenlight Communities is working to fill a critical have to have in the multifamily housing industry. The Phoenix metro area professional the most significant increase in rental selling prices of any sector in the nation in 2019, and given that 2014, apartment rents have risen by an normal of 40 per cent. The huge bulk of newly designed multifamily assignments are luxurious-oriented with bigger rents, producing them unaffordable for middle-earnings renters. 

Greenlight Communities’ business enterprise model eliminates quite a few of the value and time constraints other developing initiatives and condominium communities all around the place inevitably expertise, and uses ground breaking style and design and economies of scale to make a excellent dwelling experience at attainable rental prices.   

Greenlight Communities’ to start with two finished new-establish communities are at this time leasing. Cabana on 12th, located at 4225 N. 12th Street in Phoenix, delivers studio, 1 and two bedrooms with rents starting at $934 per month. Cabana on Washington, positioned at 5300 E. Washington Street in Phoenix, also delivers studio, just one and two bedrooms with rents setting up at $999 per thirty day period.

Greenlight Communities has jobs under design and in the advancement pipeline in further metropolitan areas as nicely, which includes Scottsdale, Glendale and Mesa.

In reaction to the COVID-19 pandemic, residents can acquire digital excursions and speak to leasing reps on the web by using the condominium communities’ internet websites and digital leasing portals. People are also welcome to stop by the web pages for in-individual excursions in the course of organization hours. For more information and facts on Greenlight Communities’ Cabana apartments visit www.livegreenlight.com or call (480) 609-6779.

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