ARIZONA REAL ESTATE & HOUSING NEWS

Construction begins on Alta Avondale residential units at The BLVD

Oct 1, 2022, 7:15 AM

Alta Avondale rendering (City of Avondale photo)...

Alta Avondale rendering (City of Avondale photo)

(City of Avondale photo)

PHOENIX — Construction teams broke ground on a multi-family residential development called Alta Avondale, adding to one of the fastest-growing communities in the suburb.

The project will add an additional 360 units to The BLVD by the end of 2024, which already has 1,493 units built or planned for development.

“In the last couple of years, development at the BLVD has taken off,” Kenneth Chapa, Avondale economic development and tourism director, said in a press release. “The vision of city leaders, to create an exciting destination for visitors and residents alike, has come to fruition.”

Studio units along with one-, two- and three- bedroom floor plans will be built within the complex by Wood Partners development company.

The community is located south of Interstate 10 near Avondale Boulevard.

As real estate prices across the Valley have seen volatility throughout the year, along with interest rates, city leaders are looking for ways to increase volume in the market to keep up with the high demand that has caused prices to rise.

The BLVD mixed-use concept was approved to replace the former Avondale City Center by the city council in 2019.

In February, Avondale opened a $5.1 million water feature at the site.

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Construction begins on Alta Avondale residential units at The BLVD