By Keith Loria, Contributing Editor
Phoenix — Mark-Taylor has unveiled a new low density apartment development in the heart of the Scottsdale Road corridor in Phoenix. The spread out plan allows for units that are nearly 25 percent larger than other developments.
“San Milan is so dissimilar to the other communities in a submarket like this — not just in North Scottsdale, but in very similar settings across the country,” Chris Brozina, Mark-Taylor’s executive vice president, told MHN. “As contemporary multifamily development has become so prevalent, density has risen across the country, almost without exception. Low-density communities have become increasingly difficult to build due to their space requirements and rising land prices.”
Located just west of Scottsdale Road at 6975 E. Princess Drive, the 338-unit community will feature one-, two- and three-bedroom units averaging 1,200 square feet, with some approaching 1,600 square feet.
“San Milan’s greatest feature is the market leading unit sizes,” Brozina added. “In many ways, this excessive unit size helps accommodate the needs of renters from all stages of life and helps eliminate the feeling of ‘sacrificing size for location’ that is a common drawback for renters moving from a single family home. Density makes sizes like this a virtual impossibility.”
San Milan’s units feature include private garages, kitchen islands, custom wood cabinets, stainless steel appliances, distressed plank flooring, dual-vanity sinks, pendant lighting and oiled-bronze fixtures.
Amenities include a guard-housed covered entry gate, poolside cabanas with barbecues and wet bars for entertaining, fire pits. The icing on the cake is a 10,000-square-foot private resident facility that includes a large gym complete with a spinning studio and virtual personal trainers, as well as a clubhouse with a social lounge and café.
Another big amenity is that San Milan will leave more than 40 percent of its total development as pure open space. The community is adjacent to the Reach 11 recreation area — a collection of hiking and horseback trails that ensure permanent desert views.
“Mark-Taylor’s philosophy is to simply develop the market’s highest quality rental communities for our own long-term ownership and operation. We are as focused on each community’s ability to attract and perform in year ten as we are in year one,” Brozina said. “For that reason, every construction detail is deliberate and we must keep a disciplined grasp on maintaining a timeless design.”
The first phase of the community will be ready for occupancy in early October. Monthly rental rates are expected to range from $1,100 to $2,100.