ARIZONA REAL ESTATE & HOUSING NEWS
Luxury apartment community completes construction north of Tempe Town Lake
An upcoming luxury apartment community in Tempe called Northbend is set to open in early March with a grand opening ceremony.
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PHOENIX — Construction of a new luxury apartment community in Tempe recently completed.
The Northbend complex added 310 apartment units to north Tempe.
Developer Milhaus and Banyan Residential, a private real estate investment firm, are both tied to the project.
Northbend Apartments is at 906 N. Miller Road.
What’s special about new luxury apartment community in Tempe?
The completion of Northbound is a big milestone in Tempe’s urban development, according to a Thursday news release from Milhaus.
The apartment complex’s amenities include a pool deck and grill stations, as well as an on-site library and dog park.
Northbend Apartments also has a “Trading Post” that lets residents borrow outdoor gear like kayaks, tents, sleeping bags and coolers.
Additionally, the complex has an outdoor spa, a fitness center and a clubhouse with work and entertainment areas.
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Comments
6 Comments
Would it be to much to ask to provide beds/baths, square footage and prices???
Unfortunately, so long as the (R) state legislature prevents cities from being able to require more from builders, owners directly in terms of affordability, increasing supply is about all they can do. Certainly wish they could do more but it has been shown that an increase in supply—even for just those of a higher income bracket—slows the increase in prices for everyone. But AZ still has a housing shortage. Prices will go up even more without more units.
Unhoused population is one of the worst in the nation yet they're adding overpriced places like this rather than affordable housing for working families. Awesome 👍