Thousands of affordable apartments are set to be built in and around Phoenix and Tucson thanks to a nearly $700 million investment from Scottsdale developer Greenlight. abc15
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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