November 18, 2024 10:22 am
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Scottsdale luxury developer building $1B in apartments in metro Phoenix

(Photo via Alliance Residential)

By Angelica Gonzales | Phoenix Business Journal

It’s a busy time for Ian Swiergol.

The managing director for Scottsdale-based Alliance Residential Co.’s Southwest region has $500 million in apartments under construction and another eight projects totaling $600 million and about 2,500 units in the pipeline in metro Phoenix.

These plans come at a time as Alliance Residential is opening Broadstone Portland, a 161-unit luxury apartment community in the Roosevelt Row neighborhood of downtown Phoenix. Alliance paid $6.45 million for the 1.53-acre site in 2019, according to Tempe-based Vizzda LLC’s real estate database.

Read the full subscription story from the Phoenix Business Journal.

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