November 17, 2024 11:44 am
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Elevation SanTan apartments to elevate Gilbert

Credit: Town of Gilbert

 

By Adrienne St. Clair for Arizona Builder’s Exchange

Vedura Residential has submitted a project proposal to the Town of Gilbert to build a new multifamily development on the SEC of Santan Village Parkway and Boston Street.

The project, Elevation SanTan, will be 138KSF and sit on approximately 8.9 acres. It will consist of 297 new luxury units split up between multiple two- and four-story buildings.

Each individual unit will have a balcony and parking, and the finished community will include a clubhouse and pool area. The project is valued at $15M-$25M.

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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.