By Roland Murphy | AZBEX
The booming development area near I-17 between Loop 101 and Carefree Highway has added another prospective project to its multifamily mix.
Developer Shelter Asset Management has submitted a Planned Unit Development application to the City of Phoenix to enable construction of a 226-unit townhome and apartment community it is calling Home at Happy Valley. The project is planned on 7.7 gross acres near the NEC of 17th Avenue and Happy Valley Road. The property consists of three parcels, but they will be developed as a single site once construction begins.
The planned unit mix, according to the submitted narrative, consists of three studios, 110 one-bedroom, 97 two-bedroom and 16 three-bedroom units. Based on unit counts, the parking plan calls for 347 reserved and 121 unreserved spaces.
On the northern side of the site, SAM has planned two-story, 30-foot townhomes to allow a natural transition to the single-family properties to the north. A 65-foot, five-story building is planned on the southwest side of the property. The three remaining buildings will be four stories with maximum heights of 55 feet.
