A view of the parcel (in red) in the Desert River 2 development plan in Glendale that recently closed on its sale. The site will eventually house a 324-unit apartment complex. Via Empire Group.
(Disclosure: Rose Law Group represents Empire Group.)
By Independent Newsmedia
A new 324-unit apartment complex is coming to Glendale.
Scottsdale-based developer Empire Group of Companies announced Friday the closing on the sale of 18.61 acres to The Garrett Companies for approximately $7.8 million. Garrett has plans to build a two- to four-story apartment complex that will include 324 apartment units across 17 buildings. The parcel is located at the southwest corner of 99th and Northern Avenues in Glendale, just a couple blocks west of Westgate and right across the street from Park West in Peoria.
The two parcels totaling 36.52 acres sold for approximately $15 million this past June.