Gilbane Development Co. and P.B. Bell Cos. have kicked off construction of Almeria at Ocotillo, an upscale 389-unit apartment community in Chandler.
Scheduled to open in the first quarter of 2014, the complex is being developed as part of The Waters at Ocotillo, a 74-acre mixed-use development adjacent to Downtown Ocotillo.
Corporate heavyweights such as Intel, eBay, PayPal and Wells Fargo have generated strong economic growth in the area, the developers noted. “Almeria at Ocotillo will cater to the most discerning of residents, with its high-quality Santa Barbara style design, gorgeous landscape and outstanding amenities,” said Bob Gilbane, chairman and CEO of Gilbane Development.
The gated complex will offer one-, two- and three-bedroom options. The units will feature nine-foot ceilings, granite countertops, walk-in closets, balconies and other features.
Common amenities will include large open spaces with picnic areas and gas grills, two heated pools and a spa, two fully-equipped athletic centers, a children’s play area and splash pad, and lounges with theater room, fireplace and flat-screen TVs.
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