Wood Partners Enhances Phoenix Portfolio with New Luxury Community Alta 87
As the multifamily housing sector witnesses remarkable growth in the Phoenix area, national developer Wood Partners further solidifies its commitment to the region with the opening of Alta 87. This new luxury multifamily community is strategically located in Gilbert, Arizona, enhancing Wood Partners’ existing portfolio in the metropolitan market.
Alta 87’s unveiling is not just another addition to the housing options in Phoenix; it represents a significant advancement in residential development. As Managing Director Todd Taylor points out, “The opening of Alta 87 marks an important milestone for Wood Partners as we continue to expand our footprint in the fast-growing Phoenix market.” Taylor recognizes the Southeast Valley’s increasing demand for top-tier living solutions, emphasizing that “this community delivers a best-in-class living experience while contributing to the area’s ongoing growth and vitality.” Alta 87 is a testament to Wood Partners’ commitment to delivering high-quality developments that synergize with Gilbert’s vibrant residential, retail, and entertainment landscape.
With its strategic location on Arizona Avenue, a stone’s throw away from major freeways and downtown hubs of Gilbert and Chandler, Alta 87 is positioned as a hinge point for accessibility and convenience. The development offers a range of one to three-bedroom layouts, catering to diverse residential needs. The allure of Alta 87 is enhanced by its proximity to various amenities like Costco, Chandler Mall, and the PGA TOUR Superstore, aligning with the residents’ lifestyle aspirations.
Residents at Alta 87 can enjoy an array of amenities including a large pool, spa, and a two-story clubhouse equipped with modern media and digital amenities. It also features a state-of-the-art fitness center, two pickleball courts, co-working spaces, a speakeasy, bike storage, and EV charging stations—amenities that reflect an understanding of contemporary living preferences and the importance of sustainability.
The strategic delivery of Alta 87 follows Wood Partners’ momentum in the Phoenix market over the previous year, where they rolled out over 630 units across three communities. With Alta Avondale, Alta Rise, and Alta Uptown, and the recent addition of Alta Goodyear, Wood Partners is affirming its role as a substantial contributor to the evolving multifamily landscape.
Wood Partners’ growth narrative in Phoenix is a clear demonstration of the company’s innovative capabilities within the multifamily sector. By understanding and responding effectively to market demands, Wood Partners continues to support the region’s economic and community development, thereby exemplifying keen insight and leadership in the multifamily apartment industry.