December 3, 2019
Vedura Residential announced plans to develop its second apartment project in Gilbert, AZ’s SanTan Village mall area. The Scottsdale, AZ developer acquired 6.5 acres, on which it will build the 214-unit Elevation at the Village. Construction on the complex is expected to begin in mid-2020, with units scheduled for delivery by late 2021.
Elevation at the Village will be west of SanTan Freeway (202 Loop), and on San Tan Village Parkway between Loma Vista Street and Coronado Road. Todd & Associates Inc. is the architect of record, while MT Builders is the general contractor.
“We continue to be impressed with the growth in employment, retail and entertainment in the SanTan mall area,” Vedura’s Bruce Hart told Business Real Estate Weekly. “This is a great place to live, and it’s reflected in the local demographics.”
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