ARIZONA REAL ESTATE & HOUSING NEWS
Dominium breaks ground on affordable housing community in Maricopa
Dominium broke ground on its Built-to-Rent, affordable housing community, which will have 215 homes, in Maricopa on Monday.
Watch: The truth about Arizona's water shortage and your bills | 11 mins
PHOENIX — Dominium, a national affordable housing developer, broke ground on its first built-to-rent community in Maricopa on Monday.
The housing project, called Saddleback Village at Stonegate, is located at 18260 N. Alan Stephens Parkway.
“Maricopa is thrilled Dominium is developing high-quality affordable housing options,” Maricopa Mayor Nancy Smith said in an announcement. “Our fast-growing community needs to serve all families and residents. Workforce housing contributes to a healthy, vibrant economy that will help families thrive into the future.”
The company announcement said it selected Maricopa to house its first build-to-rent community due to its projected growth and family population.
Residents will be required to earn no more than 60% of the median income level.
What will the affordable housing community have?
Saddleback Village at Stonegate will consist of 215 homes. These will consist of various floorplans:
- There will be 25 single-floor, two-bedroom homes.
- There will 95 two-story, three-bedroom homes.
- There will be 95 two-story, four-bedroom homes.
The housing project is 19 acres and units will range in size from 910 square feet to 1,442 square feet.
Homes within Saddleback Village will have a variety of amenities, including private backyards, granite countertops, designer lighting and hardware and key fob entry access.
The community will also have a playground and outdoor amenity spaces.
Lifestyle Homes of Scottsdale will handle construction of the project, which was designed by Todd & Associates.
Dominium bought the land in November of 2024 for $8.26 million.
Dominium has plans to build 35 affordable housing projects with a total of 1,500 units in Arizona over the next few years.






Comments
1 Comments
So cheap housing, less regulations and lower standards ?