By Jackson Chen | Multi-Housing News
Stillwater Capital Investments is expanding its multifamily presence in the Phoenix metro with its latest project. Along with equity partner Rosewood Property Co., Stillwater began construction on a yet-to-be-named 352-unit community in Gilbert, Ariz. First units will be available in December 2024, while the community is expected to be fully completed by summer 2025.
Stillwater tapped MT Builders as the project’s general contractor, while Omniplan will serve as the architect. The developer also tapped B2 to design the community’s interiors and Greey Pickett as the landscape architect.
The community’s units will average 965 square feet and will be built with mudrooms, gas appliances, hosting islands, and nine- and ten-foot ceilings. Plans include a pool and bar among the common amenities to be provided. The property will be located at the intersection of Rivulon Boulevard and S La Arborleta Street, less than 10 miles from downtown Phoenix.
