A new project that will see the construction of just under 90 residential units is slated to go up on the northwest corner of 16th Street and E. Baseline Road in Phoenix, some 6 miles to the south of downtown Phoenix.
What is being called Baseline & 16th will see the building of a nearly $17 million suburban-style project in a part of the city populated with one-story commercial and retail space.
Project developer is the Phoenix-based Avenue North real estate investment firm, which has developed more than 10,000 multifamily units in Arizona, Colorado, and Nevada.
The units will go up on a 6.7-acre site, which Avenue North purchased for $2 million, with plans for both single story duplexes as well as two-story triplexes.
The units will measure around 1,000 square feet, with rents ranging anywhere from $1,200 to $1,800.
Designer for the project is the Phoenix-based Felton Group.
Plans call for the work to begin on the units later this summer with a completion date of sometime in 2020.
The project will embrace the “horizontal living” concept, which is becoming increasingly popular in the southwest, seeing apartment units built on one level, instead of in a more traditional multi-level structure.
Get stories like these right to your inbox. Sign up for our newsletter