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INSIDE THIS ISSUE 4 Electric car-charging stations wired right at your 5 Get condo community 5 Condo community maps
May 2016 Powered by
CONDO TOWNHOME &LOFT
Beautiful blooming gardens Thinkstock
Enjoy luxuriant plantings both inside and outside your condo home By Meghann Finn Sepulveda
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lants, bowers, trees and shrubs not only add to the aesthetic appeal of a condominium property but also provide cooler spaces and oder a welcoming environment. Many new condo communities across the Valley are featuring gorgeous garden-style landscaping and encouraging residents and guests to enjoy the beauty of their natural surroundings.
Superb suburban condo communities The best of everything for many buyers
Scott Sandler via Cachet Homes
By Debra Gelbart
T
he National Association of Realtors estimates that 10 percent of prospective Millennial homebuyers (those born in 1982 or later) will opt for condominium living in 2016 — and a signiÿcant percentage of those will choose a suburban setting rather than the core of a city.
Optima Kierland
Lush outdoor living Condo buyers are o` en drawn to spacious outdoor community spaces. ee se gathering sites are a wonderful place for neighbors to meet and socialize and enjoy property amenities such as pools and hot tubs, barbecue pits, picnic areas, walkways and entertaining spaces. ee developers of Optima Kierland, a luxury condominium community in North Continued on page CL2
According to representatives of condo developments, the primary reasons are these: (1) suburban condominium communities resemble resort living and (2) a condo is a lot easier to maintain than a single-family home. Amenity-rich communities Younger buyers love the “verdant beauty odered at Serenity at Fulton Ranch in Chandler,” explained Gregory Patterson, the marketing director for this community that features condominium villas plus amenities such as a gated perimeter, pool, clubhouse and ÿtness studio.
“With four brand-new boorplans ranging from 1,350 to 1,890 square-feet, Serenity does very well with younger professionals who want to live in front of water-featured walking and biking paths,” Patterson said. “eey enjoy being walking distance to upscale dining, shopping, salons, banking and to Chandler’s booming technology corridor.” Sue Goodrich, vice president of sales and marketing for Cachet Homes, agrees, stating that younger buyers are gravitating toward condos in suburban communities close to hiking and golÿng and with easy walkability to restaurants, shops and more. Indeed, Cachet Homes oders condominiums
Robert Keith, TzenPhoto.com via Serenity at Fulton Ranch
at its Monterey Ridge community which is located near Scottsdale Road and Loop 101, an area with abundant community resources. Monterey Ridge, which is gated, oders single-level condos ranging in size from 1,091 to 1,870 square-feet. All include a two-car garage with extra storage. Security is also important to many condo buyers including those at ee Cays at Downtown Ocotillo in Chandler; Statesman Continued on page CL3
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www.homesbytowne.com Developer reserves the right to modify floor plans, elevations, specifications, features and prices without prior notice. Square footage and room sizes are approximate. Exterior treatments, window locations and room configurations may vary with elevation. Some decorating treatments in and around the model homes may not be included in the list price and are for display purposes only. All renderings and floor plans are artistic conceptions, and are not intended to be an actual depiction of the buildings, fencing, driveways or landscaping. © 2016 Homes by Towne® AR-0008550086-01
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Continued from the cover
FAIRWAY CONDOS AT TROON NORTH
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Scottsdale, took advantage of the property’s 9.5 acres by incorporating a unique vertical landscape design into the outdoor park-like setting. “We wanted to create an open space for residents and the general public to enjoy,â€? said David Hovey Jr., architect and president of Optima. “We selected plants that require little maintenance and water along with large mature trees that provide shade.â€? Experts at Optima Kierland consulted with Chris Martin, Ph.D. — a landscape horticulturist, ecosystem stress plant physiologist and professor at Arizona State University — to help them identify the best Optima Kierland species for the property’s landscape design. choices available,â€? said Garrett Cleverly, a “We chose plants, shrubs, trees and spokesperson for Moon Valley Nurseries. Wowers from the Southwest and Mexico that “We oYer a variety of smaller-sized are indigenous to our desert environment,â€? options that could work in tight indoor Hovey Jr. said. “Ze vertical landscape and outdoor spaces.â€? design allows vegetation to grow up and Cleverly suggests taking drape over the handrails a visit to one of Moon which not only creates a Valley Nurseries’ eight beautiful desert oasis but Valley locations prior to also signiĂżcantly lowers move-in to speak with an temperatures.â€? experienced professional “We feel like this is a very who can oYer planting ideas important aspect of the and recommendations. Ze project,â€? Hovey Jr. added. nursery grows all vegetation “Similar to a community and utilizes their own soil, park, there are nearly Moon Valley Nurseries - Garrett Cleverly fertilizers and local water six acres of beautifully with full sun conditions to acclimate shrubs landscaped open space on the property.â€? and trees to the climate. During the design phase, developers at “Consider snapping a few photos of the Optima Kierland intentionally chose not to places where you’d like to plant and our build residential units at grade level to give professionals can help you the illusion that each tower pick out the best quality is Woating above the lush trees and shrubs for your garden setting. space,â€? he said. Zose in-the-know Personalized garden spaces recommend choosing For condo residents who potted citrus and fruit trees wish to include a taste of such as lemon, lime, peach, Mother Nature in their apple, orange, grapefruit, individual home’s indoor plum and pomegranate, and/or outdoor gathering Moon Valley Nurseries - Garrett Cleverly along with shrubs like spaces, certain types of hibiscus, juniper, lantana, oleander, roses, plants, shrubs and trees are available that tropical birds of paradise and trailing will thrive in smaller settings. rosemary. A variety of desert cacti and CertiĂżed landscape professionals and palms also do well in smaller spaces. trained nursery professionals at companies “Even adding just a few shrubs could such as Moon Valley Nurseries can assist add instant color,â€? Cleverly said. “Best of those who need help making selections. all, some of the trees and shrubs we oYer “Just because you don’t have a big require minimal maintenance.â€? yard doesn’t mean there aren’t plenty of
resort amenities • perfect location The Cays at Downtown Ocotillo located in Chandler in the upscale Ocotillo Community.
Pre-Qualify ONLINE - Book a Tour to View Models “When we started our search for a smaller home, we looked for over a year and could not find what we were looking for that was one-story, brand new, low maintenance and would still allow us to keep our lifestyle. We were so happy to find The Cays at Ocotillo, this is a one-of-a-kind luxury condo development, there is nothing else like it in Chandler.� Bill and Mary,Valued Buyers
• NEW SINGLE LEVEL 1 & 2 Bedroom/2 Bath Condos • 2 Bedroom + Loft/3Bath Penthouse Homes • Elevator to all floors + Gated, Underground Parking • Health Club with Steam Rooms + Top Fitness Equipment • Clubhouse, Large Resort Pool/Spa, BBQs, Fire Tables and Lounges • Walking Distance to Top Restaurants, Shops and Services
FROM THE $ 30’s 2
2511 W. Queen Creek Road Chandler,Arizona 85248 (480) 248-3737
wwww.theCaysatOcotillo.com SSE Corner of Price and Queen Creek Rd.
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Continued from the cover Group of Companies developed this luxury community. “aey [condo owners] appreciate the fact that we are very secure with cameras in various locations of the building,â€? said Allison O’Dea, marketing manager for ae Cays. Especially for single buyers, said Dean Selvey, a Phoenix REALTORÂŽ who established Arizona Builder Sales LLC which specializes in new-build residences under the umbrella of RE/MAX Excalibur, “the security gates are very important.â€? All this and affordability too But it’s not just amenities that appeal to Ăżrst-time younger buyers: Ăżnances play a major role, too, Selvey said. aese buyers are attracted to several facets of condo living, he said, including the value and the price-point — especially in suburban condos which are usually priced at or near an entry-level for the area.
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“If you enjoy the outdoors and want to be close to hiking, golf and other outdoor activities, suburban condominiums are a great option.� —Sue Goodrich, Cachet Homes
“Coupled with favorable Ăżnancing and builder incentives, Ăżrst-time buyers can usually purchase with minimum cash out of pocket and monthly payments closer to rental prices,â€? Selvey said. “While some might also rent out rooms to o`se t costs, that is rarely a driving force. Most don’t view this as a stepping-stone into a single-family home later on — they prefer the lock-andleave lifestyle.â€? Savvy buyers and builders “Many of our Ăżrst-time buyers are active on apps such as Pinterest and also watch HGTV-type TV shows which have a wide in^uence on our buyers,â€? Selvey noted. “aey have a clear sense of design and know exactly what they want their home to look like inside. aey know what they like in color, Ăżnish and also technology before they ever step foot in our sales centers. A builder’s job is to deliver what the buyer wants and in so doing, both are happy.â€? Most new condo communities developed with younger buyers in mind sell residences
#1 HOME BUILDER
2002, 2006, 2009, 2013, 2015 & 2016
The Cays at Downtown Ocotillo
for between $230,000 and the mid $300s, condo development representatives say. ae most popular price range is under $250,000, Selvey said, and “if it’s under $200,000, that’s even better. ais Ăżts within range for all the necessary Ăżnancing programs that attract younger buyers.â€? Finished with elegance ae low-maintenance lifestyle that a condo o`er s is o\en polished with beautiful interior treatments and Ăżnishes, Patterson pointed out. At Serenity at Fulton Ranch, for example, buyers can expect gourmet kitchens and spa-like master bathrooms, he said, along with an “incredible list of included luxury features and energy-eYcien t construction.â€? At ae Cays at Downtown Ocotillo, “our high-end standard builder features are well-received by young professionals,â€? with 20X20 ceramic tile ^ooring and granite countertops in the kitchen and the vanities in the bathrooms, O’Dea said. ae community o`er s one- and two-bedroom single-level condos or penthouse/lo\ suites — many with large private patios — and all with gated underground parking. Our experts offer their take on the bottom-line advantages of suburban condo living: Patterson: It’s an easy transition from renting to homeownership with tax benefits and appreciation potential and a dramatically improved lifestyle for the same budget as renting. O’Dea: Amenities, services and facilities are located right within your building. Goodrich: You get access to a pool and barbecues without the care and maintenance responsibilities. Selvey: Low down-payment loan programs fit the budget of buyers with solid income and good credit but who haven’t been able to save up for larger down-payments.
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623-385-0129 www.CachetAtTheWigwam.com SALES OFFICE OPEN DAILY FROM 10AM-5:30PM AND SUNDAY FROM 11:30AM-5:30PM *Based on eligibility, see sales associate for details.
Pricing subject to change and does not include upgrades and location premiums. Homeowners Association fees are applicable. Prices, promotions, features, options, floor plans, elevations and dimensions are subject to change without notice. Square footage and dimensions are estimated and may vary in actual construction. Floor plans and elevations are artist’s conception and are not intended to show specific detailing. Floor plans are the property of Cachet Homes and its affiliates For further information, please see Sales Associate All sales are subject to buyers receipt and review of a Arizona Subdivision Public Report.
INTRODUCING NEW LUXURY CONDOMINIUMS IN THE NORTH SCOTTSDALE NEIGHBORHOOD. Envisioned by award-winning architects David C. Hovey, FAIA and David Hovey Jr., AIA, Optima Kierland is a cutting-edge interpretation of urban living that introduces an elevated approach to desert life.
NOW SELLING. Call the Sales Gallery today for priority sales selection of these remarkable homes.
SALES GALLERY 15450 North Scottsdale Road Scottsdale, Arizona 85254
480 630 1200 Inquiries@Optima-Kierland.com LiveAtOptimaKierland.com
Artist’s conception of proposed building. Sales are conditioned upon receipt and acceptance of ADRE Public Report. Pricing and floor plan design is subject to change without notice. Polaris Pacific—AZRE #661757000. Š2016 Optima Kierland. All rights reserved. $5
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Charge it!
“O:eri ng personalized car-charging stations gives residents the 9exibility they like to have.� —Tim Sprague, Habitat Metro
Electric vehicle charging stations are becoming increasingly popular at condo communities
Portland On The Park
Richards, partner at Deco Communities. “It just makes sense for us to integrate these into all of our projects. It’s about convenience for our residents.� Another Deco Communities project, ENVY in Scottsdale, has car-charging capability for select parking spaces in its three-level underground garage. Residents who utilize this option have unlimited access but will incur a minimal fee which will be added to monthly HOA dues. As an extra bonus, two charging stations will be available for visitors and guests at ENVY.
Thinkstock
By Meghann Finn Sepulveda
C
ondo developers across the Valley are pre-wiring parking garages and/ or individual parking spaces with electric car-charging stations in an e_ort to meet the needs of today’s modern buyers. Currently an option at select condominium properties, electric car-charging stations are another way developers are embracing energy-eXc ient designs and focusing on sustainable living. Pre-wired capability With more electric car options on the market — from economy to luxury vehicles — the increased demand for charging stations has become inevitable. According
to Plug in America, more than 400,000 Americans have made the switch to plugin vehicles which get some or all of their energy from electricity instead of gasoline. Condo owners, largely of the Millennial mindset, o[ en enjoy taking advantage of close-by urban amenities, making electric cars — and therefore, charging stations — an appropriate Ăżt, according to area developers. `is is indeed true at Edison Midtown, a mid-rise condo project located in Phoenix where residents will have access to 24 carcharging stations in the building’s two-level parking garage. “Residents who choose this option will have unlimited access to these centrally located charging stations,â€? said Dan
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Availability, prices, incentives and dates are subject to change, and K. HovnanianŽ Homes reserves the right to cancel or change all offers without prior notice; see Sales Consultant for details. If buyer is working with a licensed real estate agent or broker, the agent or broker must accompany and register buyer on first visit to community. No offer for sale or lease may be made or accepted until buyer’s receipt of Arizona Subdivision Public Report. A public report is available on the State Real Estate Department’s website. We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.Š 2016 K. HovnanianŽ Great Western Homes, LLC. ROC 188563. Š2016 K. HovnanianŽ Building Company, LLC, an Arizona limited liability company. ROC 277023
Increased demand `e demand for car-charging stations has signiÿcantly grown in recent years. New condo projects being developed by Liv URBN such as Contour on Campbell Ave. — which is expected to break ground this August in Phoenix — will also have the capacity to o_er individual charging stations to residents.
A division of The Arizona Republic 200 E. Van Buren St. Phoenix, AZ 85004 General Manager CAMI KAISER CKaiser@RepublicMedia.com Creative Development Director ISAAC MOYA IMoya@RepublicMedia.com
“We have provided the electrical infrastructure so we can install charging stations as requested,â€? said Chris Murdy, director of development for Liv URBN. “We are trying to appeal to all buyers as this is clearly an emerging trend.â€? Contour will have the ability to accommodate any type of electric vehicle and can customize the charging stations to serve every resident. “We feel it’s important to bring sustainable products that reduce energy usage and waste,â€? Murdy added. “It’s the root of our thought process as we remain committed to creating more eXc ient living environments for our residents.â€? From the ground up At Portland on the Park, a 149unit condominium community in downtown Phoenix, carcharging stations were part of the developer’s initial plans. “We planned for it since day one,â€? said Tim Sprague, managing member with Habitat Metro, developers of Portland on the Park. “We are o_ering six ]o ors of structured parking with this option.â€? Sprague notes that since electric cars sometimes require di_erent charging Thinkstock stations, residents will have the opportunity to request the speciĂżc type that is needed. “O_ering personalized car-charging stations gives residents the ]e xibility they like to have,â€? Sprague said.
Editor PAULA HUBBS COHEN Paula.Cohen@cox.net
ADVERTISING Director, Classified Sales BRETT SONDRUP BSondrup@RepublicMedia.com
Contributing Editor JIM WILLIAMS JLWilliams@RepublicMedia.com
MICHELLE MURRIETTA 602-444-8208 MMurrietta@RepublicMedia.com
Design CARL BEZUIDENHOUT CarlBez@me.com
GENA ZESTRIJAN 602-803-8653 GZestrijan@RepublicMedia.com
Project Manager, Custom Products NICK KOSTENKO NKostenko@RepublicMedia.com
For general advertising inquiries, contact Republic Media at 602-444-8000.
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Locator Maps NORTHEAST
240 Missouri K. Hovnanian Homes From the low $400s 240 W. Missouri Ave., Phoenix KHOV.com • 877-546-8669
1
Bella Monte at Desert Ridge Homes by Towne Close-Out Specials! From the high $200s E. Deer Valley Rd. & N. 56th St., Phoenix Sales office at Villagio at Dove Valley HomesByTowne.com 877-623-6060
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Gallery
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Coming Soon! 71st St. & Earll Dr., Scottsdale KHOV.com • 877-546-8669 Monterey Ridge Condos 5 Cachet Homes Walk to shopping and dining From the $280s West of Scottsdale Rd. & south of Mayo Blvd on 68th St., Scottsdale MontereyRidge.com 480-356-0179 Optima Kierland From the mid $300s Sales Gallery: 15450 N. Scottsdale Rd., Scottsdale LiveAtOptimaKierland.com 480-630-1200
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“With technology accelerating at an unprecedented pace, having gigabit wiring is a necessity.�
Ridge at Troon North 7 The Family Development
From the mid $300s E. Dynamite & N. 103rd Place, Scottsdale TheRidgeTroonNorth.com 480-431-9377
Taos Condominiums 8 The Paradise Point, LP
From the low $100s 4704 E. Paradise Village Pkwy N., Phoenix TheTaosCondos.com 602-845-9065; 888-988-8285 at 9 Villagio Dove Valley Ranch
Homes by Towne From the mid $200s 33575 N. Dove Lakes Dr., Cave Creek HomesByTowne.com 877-602-1414
— Irene Catsibris Clary, Catclar Investments
Thinkstock
Get wired right at your condo
and other features. “Our ENERGY STAR e\cienc y combined with this automation also allows homeowners to conserve resources and save money,� Clary said.
o matter how beautiful your new condo is — those gorgeous cityscape views, the trendy mid-century modern dÊcor — your 21st-century life won’t be very pretty if you’re not able to communicate, play and do business with the rest of the world at an e\cienc y level consistent with your expectations. Ergo, network infrastructure is a very important box on that new-condo checklist.
Consider your requirements A prospective condo buyer should ÿ rst consider what his or her internet requirements are in order to ensure a community can meet both personal and potential business needs, according to Chris Murdy, director of development services for Liv URBN, a Phoenix- and Denver-based company that designs and builds boutique luxury condominium and townhome communities. In Phoenix, the company’s properties include ee Mason (townhomes inspired by Frank Lloyd Wright designs that are located at 14th Street and Bethany Home Road) and Contour on Campbell Ave. (luxury condominiums located at 22nd Street and Campbell Avenue). At both properties, the company is providing one-gig modem-less ÿber-optic internet connectivity with the ability to upgrade to 10 gigs. Internet services are included in HOA dues.
High-speed connectivity crucial “With technology accelerating at an unprecedented pace with advancements such as real-time video, 3D printing and virtual assistants, having gigabit wiring is a necessity,â€? said Irene Catsibris Clary, principal for Catclar Investments, a Scottsdale-based real estate development Ăżrm. Currently under construction, the company’s live/work SOHO Scottsdale townhomes and lo_s will include Ăżrst-boor townhome o\ce spaces with roll-up doors that open onto a courtyard featuring Wi-Fi, community seating and public art. ee Ăżrst phase of SOHO Scottsdale — with 64 townhomes and 10 lo_s at build-out — is scheduled for completion at the end of 2016. e e community will be pre-wired for Cox Gigablast one-gig internet speeds and “smart homeâ€? technology that allows you to control security cameras, air conditioning, lighting
Questions to ask Murdy said that there are a number of network infrastructure questions a prospective condo buyer should ask their community’s sales team and/or developer, including: • How is the building wired? • What are the property’s download and upload speeds? • Are services included in HOA fees or do residents contract and pay for their own service provider? • If internet/Wi-Fi services are included in the HOA package, is there an upgrade available for faster service? • Is wireless available across the entire community and within common areas? • What are the security protocols? “Speed, security and dependability are the big factors that buyers should consider,â€? Murdy said.
Connectivity critical whether for work or play By David M. Brown
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