By Roland Murphy | AZBEX
Single-family-style Built-to-Rent projects are the hot trend in multifamily residential developments these days, and Queen Creek is seeing a disproportionately high volume of interest in new unit creation.
Of the 13 multifamily projects – including four master-planned developments – currently listed in DATABEX project database entries for the once sleepy bedroom town of nearly 51,000 residents, seven are BTR.
Two more have recently been added to the town’s potential inventory, bringing that tally up to 9 of 15. If approved as submitted, Evergreen on Germann will add 65 BTR units and the Bungalows at Combs and Gantzel (Phase II)will add 85. These 150 units, combined with the 1,407 already in development, will bring the total to 1,557.