November 23, 2024 4:41 am
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Empire Group breaks ground on Village at Bronco Trail

Photo via Empire Group

(Disclosure: Rose Law Group represents Empire Group.)

By YourValley

Empire Group of Companies, 6617 N. Scottsdale Road, No. 101, announces the start of construction on its largest build-to-rent project in Arizona, Village at Bronco Trail. The new development is in close proximity to Taiwan Semiconductor’s new mega-plant and will sit on a 30-acre site at 29th Avenue and Sonoran Desert Drive. 

The loan of $88.5M, arranged by Tower Capital, closed June 21, 2023, and construction commenced Aug. 21, 2023. The general contractor for the project is Lifestyle Homes and the first phase of units is expected to be ready in Q1 of 2025. 

“Village at Bronco Trail is The Empire Group’s largest Arizona build-to-rent project to date. It is also one of the largest horizontal apartment communities that has broken ground across the country,” said Richard Felker, founder of the Empire Group of Companies.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.