27 Sep The Governor
Pheonix, AZ
BCDC joined with Moderne Capital Partners to develop The Governor, 176-unit, mid-rise, multifamily product. The Governor will be a new 4 over 1 podium multifamily development in the Coronado/Downtown Phoenix Submarket of Phoenix, AZ. The site sits within a walkable distance to Banner Health/Hospital. The site has direct access to Interstate 10 with proximity to Interstate 17.
Situated on 2.3 acres, The Governor will include 68 studio units (39%), 76 one-bedroom units (43%), and 32 two-bedroom units (18%). The unit sized range from 595 SF – 1,045 SF and average a total of 723 SF. In addition to the 176 units, the Project will include offices available for tenants to rent.
Location
Pheonix, AZ
Team
Co-Sponsors: BCDC / Moderne Capital Partners
Lender: Pacific Western Bank
Preferred Equity: Marble Capital
Architect: Todd + Associates
General Contractor: A.R. Mays
Project Type
Class A Multifamily