November 17, 2024 11:42 pm
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Construction starts on $107.652M Sagewood expansion

The Estates neighborhood will consist of 24 highly-appointed, luxury villas, single or duplex casita homes ranging from 1,926 to 3,174 square feet. (Rendering courtesy of Sagewood)

AZRE

Construction is underway for a $107.652 million expansion at the resort-like senior living community, Sagewood, near the Musical Instrument Museum at 4555 E. Mayo Blvd., in Phoenix.

The expansion will add 24 estate homes, an additional assisted living facility, and an event center to the community while doubling parking, according to Stewart Ingram, executive director of Sagewood.

The estate homes will consist of luxury single and duplex-style casitas and villa homes ranging from 1,926 to 3,174 square feet with open floor plans. Sagewood recently secured the $107.652 million for the expansion in financing, according to the announcement.

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