Thursday, February 23, 2023 / by Juan Grimaldo
Scottsdale developer Greenlight to bring thousands of affordable housing units to Arizona
Greenlight Communities is investing $697 million to build 3,686 affordable apartment units in metro Phoenix and Tucson.
The Scottsdale-based developer has 14 communities in the Valley in various stages of development — that's in addition to the five communities it already has built and sold.
Plans call for breaking ground in April on Cabana North Valley, a 159-unit community at 33455 N. Valley Parkway in Phoenix, and Cabana Aldea, a 257-unit community at 9910 W. Montebello in Glendale.
Two others, the 336-unit Cabana Bullard in Goodyear and the 250-unit Cabana Southern in Mesa are under construction.
Another 196-unit community Called Cortaro is under construction in Pima County, adding to Cabana Bridges, a 288-unit community that represents Greenlight's debut into the Tucson market last year.
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By Angela Gonzales, Senior Reporter, Phoenix Business Journal