In Business Phoenix
AVE, the residential real estate brand of Korman Communities, in partnership with RXR, announces the opening date of AVE Paradise Valley (12400 North Tatum Boulevard), a new elevated apartment community located in the reimagined Paradise Valley Mall development. The property will open on Nov. 15, 2024, and is now accepting applications. The state-of-the-art, mid-rise building will be the first residential project to launch within the 100-plus-acre site.
“Following the success of our communities in Downtown Phoenix – AVE Terra and AVE Sky – we are eager to increase our Arizona footprint with the addition of AVE Paradise Valley. This expansion is a natural progression for us, especially given the significant population growth in the state over the past 10 years,” said President of AVE and COO of Korman Communities, Lea Anne Welsh. “We are thrilled to pioneer a new level of luxury living at the exciting, reimagined Paradise Valley Mall development, providing a completely unparalleled living experience at the center of Arizona’s newest, most desirable district. With shopping, dining and entertainment, residents will be in the heart of a vibrant hub for work, life and play.”
