Optima JV Premieres 2nd Luxury Tower in Scottsdale

Part of the Optima Kierland Center, the community will feature 213 units upon completion in August.
7140 Optima Kierland. Image courtesy of Optima

A joint venture between Optima and Principal Real Estate Investors has completed a second apartment tower at Optima Kierland Center in North Scottsdale, Ariz. 

The building at 7140 Optima Kierland follows the 10-story, 150-unit 7160 Optima Kierland, which upon opening its doors in May 2017 established the Valley of the Sun’s briskest leasing rate in history, attracting 134 move-ins within three months. That tower has remained more than 95 percent occupied in the three-plus years since. 

The construction of the 12-story tower at 7140 Optima Kierland is ongoing. The building is topped off, windows have been set in place and power has been turned on. First move-ins are slated for August. In total, 7140 Optima Kierland will feature 213 one-, two- and three-bedroom residences extending in size from 737 to 2,225 square feet and featuring rental rates beginning at $2,160 per month. Each residence will offer floor-to-ceiling glass walls, luxury plank flooring, solar shades and large outdoor terraces created for indoor and outdoor living. A rooftop “Skydeck” featuring a pool, sauna, fitness center and full-court indoor basketball court is among the property’s leading common-area amenities.

Residents of 7140 Optima Kierland will also be able to utilize Optimized Service, a seven-days-a-week, in-home concierge program provided by Optima’s on-site team. Among the services offered are dry cleaning pickup and delivery, in-home plant watering and package delivery to the home’s interior within 24 hours of the package arriving at the community.

A virtual concierge service also furnishes residents with help in booking reservations and appointments, and coordinating travel and similar tasks. In addition, residents benefit from Smart Home technology that automates a number of in-home features. Optima is offering prospective renters both in-person appointments and virtual leasing experiences.

Last month, Principal Real Estate Investors helped supply construction financing for a new development near the Eastside Beltline Trail in Atlanta.