ARIZONA REAL ESTATE & HOUSING NEWS
Greenlight Communities buys Mesa land for 19th Arizona workforce rental project
Greenlight Communities recently purchased land in Mesa for an affordable rental community, Cabana Mesa Drive, which is scheduled to open in early 2027.
Watch: Mayor Kate Gallego shares details about new $100 billion investment from TSMC | 8 mins
PHOENIX — One of Arizona’s leading housing developers recently purchased land in Mesa for a rental community called Cabana Mesa Drive, which is scheduled to begin construction this month.
Greenlight Communities bought the six acres of land, which is located at 515 N. Mesa Drive, with the help of global asset manager PGIM. It will contain 180 units, with studio spaces and one- and two-bedroom apartments, according to a Tuesday press release.
The latest in the Greenlight portfolio, its 19th affordable housing project for the Arizona working class, is scheduled to be completed in January 2027.
“Cabana Mesa Drive represents exactly why we started Greenlight Communities,” Pat Watts, co-founder and senior partner at Greenlight Communities, said in the release.
“Mesa is experiencing incredible growth and revitalization, but many of the new developments are either luxury apartments or single-family homes. Our goal is to deliver high-quality, attainably priced homes for the members of the workforce that keep this city thriving.”
Each new unit will feature 9-foot high ceilings, quartz countertops, washers and dryers, stainless steel appliances and wooded flooring.
The shared community space will offer a pool, clubhouse with a fitness center, dog park and additional open areas for events.
Greenlight Communities helped nearly 700 Arizonans find affordable housing in 2024.
Related
Greenlight Communities delivers nearly 700 units of Arizona workforce housing in 2024
Developer Greenlight Communities bringing affordable rental complex to Tempe
What is the city of Phoenix doing to make housing more affordable?
Demolition of Food City in Tempe makes way for affordable housing, grocery development
Saddleback community in Peoria unveils debut model home collection
Scottsdale developer DMB sells off 308 home lots in Buckeye
Comments
2 Comments
"The shared community space will offer a pool, clubhouse with a fitness center, dog park and additional open areas for events."
On top of the rent and all utilities, we now have an HOA fee that they will call by some mysterious name like "community fee", "boiler fee", "amenity fee", "technology package fee" or "valet pick-up fee". You can't opt out of the one's you don't want. It just adds another $200-$300 to your bottom line. All this stuff is still included in your rent price; they just get to charge you twice for the same things.
Apparently nobody cares about the damage granite does to those who put your "beautiful" counter tops what whatnot in. Check out granite lung if you dare. Or care.