HOUSING TRUST GROUP BREAKS GROUND ON SECOND LUXURY APARTMENT COMMUNITY IN ARIZONA

09 September 2020

Aviva – Goodyear will deliver 288 luxury apartments to the fast-growing Phoenix suburb
 

Phoenix, Ariz.  – Housing Trust Group (HTG), an award-winning full-service developer of multifamily residential communities, in partnership with Treger Partners, a Scottsdale-based multifamily owner and developer, is pleased to announce that it has closed on financing to begin construction of Aviva – Goodyear, a new $71 million, 288-unit ultra-luxury apartment community in the Phoenix suburb of Goodyear, Arizona. This will be HTG’s second “Aviva” multifamily development, a distinct brand that embraces eco-friendly, luxury living with an array of wellness-oriented amenities. In 2018, the company delivered its first Aviva community in Mesa, Ariz., a $63 million, 325-unit property that leased up in record time and earned accolades and awards from Multifamily Executive Magazine and National Association of Home Builders (NAHB).  

Aviva – Goodyear’s first residential apartment homes are scheduled to be delivered in September 2021 with the overall completion of the community expected in the summer of 2022.

“We had such an incredible response to our first Aviva community that we knew we had achieved something special and that it was a model worth replicating nationally, beginning with the Phoenix market,” said HTG President and CEO Matthew A. Rieger. “There’s tremendous appetite right now for eco-friendly, lifestyle-focused properties that offer luxury amenities, and create opportunities for community engagement and connection. We’re excited to bring this new offering to Goodyear, and to partner with local experts Treger Partners on this initiative.”

Located at 4175 N. Falcon Drive, Aviva – Goodyear spans across 16 acres and will offer one-, two- and three-bedroom apartments with open floor plans, expansive kitchens featuring quartz and granite countertops and stainless steel appliances, 9-foot ceilings with vaulted ceilings on upper floors, walk-in closets, wide plank flooring, and private patios with storage.

 The luxury, gated community will offer exceptional amenities consistent with the Aviva brand, including a 150-foot resort style swimming pool with spa, and a second swimming pool with spa, both surrounded by ultra-chic cabana beds, chaise lounge chairs, fire pits and outdoor games. A 10,000-square-foot clubhouse will include a media and game room, custom billiards table, and co-working spaces with private conference rooms. The state-of-the-art-health and wellness center includes smart cardio machines, free weights, boxing and a yoga/spin studio with a 24/7 virtual trainer. Additionally, the community includes a playground with covered seating areas, a basketball court, and Aviva’s own Bark Park – a 140-foot long dog park with a covered seating area and ample room for dogs and their owners to socialize and enjoy the challenging agility course.

The community will also offer 43 covered garages, four electric car charging stations, carports, and additional storage options for residents. Residents will have direct private access from the community to Falcon Park, a public park of the City of Goodyear that offers a playground area, 20 acres of open park space, softball field, baseball field, sand volleyball court, picnic pavilion, walking paths, and a basketball court.

Aviva – Goodyear was designed by Eric Miller Architects and will be constructed by local general contractor Chasse Building Team. The civil engineer is KSE Design Group; the interior designer is Lawrence Lake Interiors; and the landscape architect is The Design Element. Mark-Taylor Residential will oversee leasing and management, with rents starting at $1,375 per month. 

Aviva – Goodyear will be certified to the National Green Building Standard™ (NGBS), which provides practices for the design, construction, and certification of green multifamily residential buildings. Green elements include dual glazed/high efficiency windows; weather-sealed insulated doors; Energy Star® - rated appliances; low-VOC paints and adhesives; low-flow showerheads and faucets; drought-tolerant native plants and low-water-use landscaping; and low-energy-use lighting.

Dwight Capital, a Multifamily Accelerated Processing Approved Lender, originated the $55 million new construction HUD-insured loan.