By Jackson Chen | Multi-Housing News
After having previous success in Scottsdale, Ariz., Wood Partners has begun construction on another multifamily community, Alta Raintree, in the city. The multifamily developer is scheduled to open its latest 385,000-square-foot project in the fall of 2021.
Alta Raintree will have 330 units in one-, two- and three-bedroom floorplans that average 960 square feet and are equipped with self-closing cabinetry, keyless entry and in-unit washer and dryers with some units offering double ovens. Tenants will also get access to a fitness center with yoga space and pool area, game room, speakeasy, rooftop deck and clubhouse.
Clay Richardson, managing director at Wood Partners, said in prepared remarks that Alta Raintree will appeal to those looking for a convenient location in Scottsdale that’s close to employers, retail, nightlife and outdoor activities.
