Scottsdale developer charges ahead with $175M worth of housing projects
Porter Kyle is charging ahead with $175 million worth of townhome rental projects in the Valley despite the nation's pause in construction.
Scottsdale-based Porter Kyle broke ground on The Wayne, a $60 million, 100-unit townhome project in Chandler. (Porter Kyle Photo)
(Porter Kyle Photo)
Scottsdale-based Porter Kyle is charging ahead with $175 million worth of townhome rental projects in the Valley even as the rest of the nation takes a pause in construction.
Developers in other parts of the U.S. are already seeing an 80% drop in multifamily starts.
Taylor Shultz, partner of Porter Kyle, expects new construction deliveries to fall more than 60% in 2026 and even further in 2027 across metro Phoenix.
This story is posted in partnership with Phoenix Business Journal. Click to read the full story.
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Comments
4 Comments
Funny, I never heard my Venue in Far North Scottsdale referred to as “..a.j.” Mine, then must be the first $2Million “single wide” in history.
You must live in a single wide in a.j.
They were just waiting for trump to get back