N.C. developer plans apts in Gilbert

Photo courtesy of Nai Horizon

By Corina Vanek | Phoenix Business Journal

Charlotte, North Carolina-based Crescent Communities plans to develop a high-density luxury apartment complex on 8.6 acres it bought in the mixed-use Val Vista Square commercial development in Gilbert.

The apartment complex, to be called Novel at Val Vista, will be the first in the town of Gilbert’s new multifamily, high-density zoning district. Construction on the 317-unit development at the southeast corner of Val Vista Drive and Pecos Road is expected to start in early 2021.

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