Statesman Group launches $200M Desert Ridge project

AZBigMedia

The Statesman Group announced today that it will launch nearly $200 million in luxury residential real estate within Desert Ridge next month, which will be available for purchase or rent with the introduction of The Luxe at Desert Ridge, 223 condominiums, and The Montreux, 335 apartments.

A family-owned and operated real estate development company, Statesman owns 50 acres of land within the Desert Ridge master-planned community located on Deer Valley Road between 52nd and 56th streets. The Luxe occupies 10 acres on the west side of the property while The Montreux sits on nine acres on the east side. They are separated by Toscana of Desert Ridge, Statesman’s nearly-sold-out condominium community with less than 10 of 677 residences remaining available for purchase. The property is directly across from the restaurants, bars and retailers on High Street and adjacent to Desert Ridge Marketplace.

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