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Gilbert Town Square apartment project’s future unclear

Residences at Gilbert Town Square rendering : Photo- MRED G.T.S.
Residences at Gilbert Town Square rendering : Photo- MRED G.T.S.

By Parker Leavitt, The Republic | azcentral.com 10:05 a.m. MST May 1, 2014

Business owners and neighbors wondering about the future of a four-story apartment complex proposed in the Gilbert Town Square commercial center will have to wait a little longer to learn the project’s fate.

Residences at Gilbert Town Square, a $36 million project unveiled last year by developer Paul Stark, was initially scheduled to break ground in January, but there is no evidence of construction activity.

Although residents in the nearby Raven Ranch neighborhood had protested the complex amid concerns it would drive down property values and diminish privacy, surrounding businesses have eagerly awaited the influx of apartment-dwellers as a potential new customer base.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.