Kennedy Wilson has provided a senior construction loan for the Inspire Sonoran Desert JV. Credit: Grand Warszawski via Shutterstock.
Canyon Partners Real Estate, Ascendant Capital Partners, and Bond Companies have announced a joint venture (JV) to support the development of Inspire Sonoran Desert, a new Class A multifamily community in Phoenix, Arizona’s North Valley submarket in the US.
Designed by Gensler, Inspire Sonoran Desert will encompass 560 residences across ten three- and four-storey buildings.
The community will offer a range of one-, two-, and three-bedroom apartment homes, with sizes varying from roughly 650ft² to 1,375ft².
The residences at Inspire Sonoran Desert will feature ’in-unit’ finishes, including stainless steel appliances, quartz countertops, and private outdoor spaces.
Additionally, 9ft ceilings, laminate vinyl plank flooring, tiles, and smart locks with remote access will be standard in all units.
The development will feature a range of amenities, including a junior Olympic-sized pool, two resort-style lounge pools, firepits, cabanas, a fitness and wellness centre, a pet park, and three professional-grade pickleball courts.
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