November 22, 2024 12:22 am
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Affordable apartment developer says he’s facing roadblocks from West Valley city

By Angela Gonzales | Phoenix Business Journal

Owen Metz wants to build affordable apartments in Surprise. He’s surprised that’s not going so smoothly.

The vice president of Plymouth, Minnesota-based Dominium is working on a 40-acre parcel at the southwest corner of Cotton Lane and Waddell Road to develop two apartment communities totaling 650 units with monthly rental rates between $800 and $1,200. With total development costs expected around $160 million for both properties — one age-restricted property for seniors 55 and older and another general community for families.

Read the full subscription story from the Phoenix Business Journal.

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