Exciting Development of a New Build-For-Rent Community
Recently, Capital Square announced a significant initiative aimed at enhancing housing options in the thriving suburbs surrounding Phoenix. The company is collaborating with Sunstone Two Tree on the development of a new 238-unit build-for-rent (BFR) community. This project, named Capital Square Blue Horizons BFR, LLC, is designed to meet the increasing demand for rental housing in the area.
A Growing Housing Market
According to recent analyses, Phoenix has emerged as one of the fastest-growing housing markets in the U.S., fueled by substantial population growth and job opportunities. Louis Rogers, the co-CEO of Capital Square, emphasized that this development is a proactive measure to address these ongoing demands. His insights reveal that the region's dynamic landscape is ideal for modern living spaces designed for rental.
Details of the Community Plans
Capital Square and Sunstone's new community will be strategically located at the intersection of North Jackrabbit Trail and West Blue Horizons Parkway. The development spans 20.86 acres, featuring a mix of 88 detached villas and 150 townhomes, offering various floor plan options. Residents will enjoy spacious homes with contemporary designs and access to countless amenities, including a clubhouse, fitness center, and parks.
Strategic Location and Connectivity
The community's site is conveniently situated near vital transportation routes such as Loop 303 and Interstate 10. This accessibility allows residents quick access to downtown areas, educational institutions like Arizona State University, and numerous employment opportunities. The surrounding area is witnessing substantial economic growth, supported by major developments like the Taiwan Semiconductor Manufacturing Company's hub, which is set to enrich the local economy.
Commitment to Quality and Sustainability
Capital Square's dedication to quality housing solutions is evident in its project planning and execution. Whitson Huffman, co-CEO and chief investment officer, explained that the company aims to provide quality housing that meets the lifestyle needs of its residents. Noteworthy is the substantial local infrastructure that supports both residents and businesses, indicating a bright future for the community.
Capital Square's Vision and Achievements
Established in 2012, Capital Square has positioned itself as a key player in tax-advantaged real estate investments. The company has managed to acquire over 175 properties, serving more than 6,500 investors. With a proven track record, they are committed to delivering exceptional real estate solutions that cater to a wide variety of investor goals.
Further Enhancements in Real Estate Offerings
Besides residential developments, Capital Square is actively involved in creating mixed-use projects across various states, which typically include apartment units and commercial spaces. This diversification not only broadens their portfolio but also enhances their ability to respond to the evolving market demands.
Contact Information
For those interested in learning more about Capital Square's initiatives or investment opportunities, the company is available for inquiries. Jill Swartz can be contacted directly at jill@spotlightmarcom.com or at 949-427-1389.
Frequently Asked Questions
1. What is the focus of Capital Square's new project?
Capital Square's new initiative is focused on developing a build-for-rent community to address the housing needs in the growing market near Phoenix.
2. What amenities will the new community feature?
The community will provide residents with access to a clubhouse, pool, fitness center, and parks, among other amenities.
3. Why is Phoenix a strategic location for this development?
Phoenix is experiencing rapid population growth and job opportunities, making it an ideal location for residential developments.
4. How can investors learn more about Capital Square?
Investors can reach out to Jill Swartz at Capital Square via email or phone for detailed information about investment opportunities.
5. What is Capital Square's experience in real estate?
Since 2012, Capital Square has acquired over 175 properties, establishing itself as a reputable firm in the tax-advantaged real estate sector.
