HCW to Break Ground on Phoenix-Area Condo Project
UMB Bank provided financing for Valerio at Ocotillo, a lakeside development which is set to bring 32 luxury townhomes to Chandler, Ariz.
Valerio at Ocotillo. Rendering courtesy of HCW
HCW is planning a July groundbreaking on Valerio at Ocotillo, a luxury condo development in Chandler, Ariz. The project is set to include 32 Santa Barbara-style detached condo/townhomes near a lake in the Ocotillo District. Biltform Architecture Group, Irwin Construction and Camelback Executive Realtors have teamed up for the project, while UMB Bank provided financing.
READ ALSO: IPA Facilitates $65M Phoenix-Area Transaction
Located at 2777 W. Queen Creek Road within Price Corridor, Valerio at Ocotillo will be close to several shops and restaurants, as well as major employers such as Northrop Grumman, Intel Corp, Wells Fargo, PayPal and Microchip. Phil Mickelson’s Ocotillo Golf Club is nearby, as well as a 142-key recently opened Residence Inn by Marriott.
Future residents can opt for one of the six floorplans available. The development will include two and three-bedroom units, ranging between 1,700 and 2,290 square feet. All townhomes are set to feature a split master suite, high ceilings, smart home technology, two-car garages and private backyards. Prices will start in the high $500,000s. Completion of the project is expected early next spring.
