With construction underway on numerous loft projects in the
This month, South Mountain Lofts, a 59-unit project at
Prices start in the $290,000s.
“It’s a unique design and it’s time to start doing unique things. Everything I develop is always different,” said developer Mark Richmond, who is also building similar properties in
To give the development a safer, community-type feel, each unit will have a garage in the back, a porch and a yard. As well, a recreational area with a pool will be available for residents.
“When you look out the window, you can watch your kids playing and know they’re not going to be in the street; they’ll be in this enclosed area,” he added.
Although sales won’t officially start until October, six units have already been sold. More information is available by visiting www.southmountainlofts.com.
While many residential developers have focused their energy along the Baseline Corridor, few have ventured as far north as O’Carroll-Leavitt Development. The family run company is currently creating loft projects along
“We took a lot of heat at the beginning when we started buying land,” said Principal Gary Leavitt, who just recently sold a loft project site behind
Each loft in the 84-unit community will be 1,200 square feet and have two bedrooms; two bathrooms; an attached, tandem two-car garage; and a private backyard. Leavitt said one of the primary factors when creating the community was being able to offer quality housing at an affordable price. Each unit is priced below $200,000.
“Our niche is infill, affordable housing,” he remarked “A lot of people can’t afford a $500,000 loft downtown and don’t want to drive 50 miles to Queen Creek.”
Less than four miles to the west, O’Carroll-Leavitt Development is creating Corona Lofts, a 92-unit community featuring two and three bedrooms, with floor plans ranging in size from 1,100-1,800 square feet. Similar to SoMo Lofts, units will have unobstructed views of downtown
Additional information about O’Carroll-Leavitt Development projects is available at www.developarizona.com.
A more upscale, high-end loft project is currently in the planning stages south of
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