Arizona limits housing projects in Phoenix area over groundwater supply concerns

Arizona will no longer grant certifications for new residential developments in Phoenix, it’s largest city, due to concerns over groundwater supply.The announcement indicates that the Phoenix area, currently the nation’s fastest-growing region in terms of population growth, will not be able to sustain its rapid growth because of limited freshwater resources. The state’s new policy…

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Mill Creek Announces Groundbreaking of Amavi Aster Ridge

Single-Family Development Will Add 177 Townhomes to North PhoenixPHOENIX, June 15, 2023 /PRNewswire/ — Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Amavi Aster Ridge, a single-family build-to-rent community adjacent to the Anthem neighborhood of North Phoenix.Mill Creek…

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