West Valley Business - 06.22.2022

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west valley

Volume 33 Issue 35 Goodyear, AZ

June 22, 2022

Business Briefcase

BY SCIANNA GARCIA

West Valley View Staff Writer

W

ith a population of over 7,000 people, the city of Tolleson continues as a hotspot for distribution centers and warehouses. This week, we’ll look at two buildfor-rent communities, one of which is Tolleson’s first.

Moderne at Roosevelt

IN THE BIZ

Location: North 96th Avenue and West Pierce Street, Tolleson Argosy Real Estate Partners, in partnership with Moderne Communities, has acquired an approximately 14-acre, fully entitled site for the ground-up development of Moderne at Roosevelt, a 185-unit single-family build-for-rent community. Upon completion, the project will feature a mix of detached single-story one-, two- and three-bedroom homes. Each unit will include a washer and dryer, quartz countertops, vinyl plank flooring, private gated backyards with pet door access, and a smart home technology package. The project will also have common area amenities including a resort style pool, fitness center, clubhouse, barbecue area, game lawn, dog park, pocket parks and electric car charging stations. Randy Bury, founder and president of Moderne Communities, said the homes, community amenities and the location are what makes Moderne at Public Notices ............... page 2 © Copyright, 2022 West Valley View, Inc.

Roosevelt special. The homes feature a contemporary architecture design within a secure gated community. Most of the homes do not share walls, except for the one-bedroom units, which share one wall. This is especially attractive to people who want more privacy and a quieter environment compared to traditional garden-style apartments available for rent. The community is located within 1/4 mile of the I-10 interchange, which provides easy access to the major West Valley employers as well as retail shopping, restaurants and entertainment. Moderne at Roosevelt will be an ideal for residents who are commuting to work or working from home. “The city of Tolleson’s pro-growth attitude and low impact fees provide an environment that encourages outof-the-box thinking in community and product development,” Bury said. “I believe we’ll continue to see a mix of new commercial and residential developments planned and developed in Tolleson in the near future.” There is no estimated completion date for the property.

Villages at Paseo de Luces Location: Northeast corner of 99th Avenue and Van Buren Street, Tolleson The Village at Paseo de Luces is the first build-for-rent community in (USPS 004-616) is published weekly

Mailing Address: 250 Litchfield Rd., #100 Goodyear, AZ 85338 (623) 535-VIEW • 535-8439

Steven Strickbine, publisher Christina Fuoco-Karasinski Executive Editor

Tolleson, and it is targeted to begin leasing later this year. The gated 272-unit single-family rental community will offer one-, twoand three-bedroom homes that will all include private backyards. On 22 acres, Paseo de Luces will feature design elements such as Spanish tiles and pavers to honor the area’s heritage and history. Community amenities will include a dog park and wash, community pool and barbecue area, and fitness center. Empire Group partner Randy Grudinski said it’s important for the project to blend with the heritage of the local community. With the Villages at Paseo de Luces, developers have decided to incorporate accents of the Spanish styles, such as illustrations on the walls in the clubhouse and fitness center. Tolleson is one of the densest job areas in the Valley. It’s home to warehouses like the Amazon fulfillment center and Costco distribution center, and Grudinski said he believes they’re filling a niche in Tolleson. “We felt like it was a great option for that area to give both young families on one end, as well as empty nesters, on the other end, the option to have a home without a mortgage, something that they can just rent and have that degree of flexibility. And so, this offers

Briefcase...continued on page 3 Subscriptions are $26 for 2 years, $14 for one year. Periodicals postage paid at Phoenix, AZ 85026.

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