Asante Trails: GTIS and Clyde Capital’s $250M Vision for Integrated Living in Surprise, AZ
GTIS Partners, a powerhouse in global real estate investments, and Clyde Capital have recently unveiled their ambitious vision for a master-planned community in the growing city of Surprise, Arizona, just 40 miles northwest of Downtown Phoenix. Poised to be a $250 million mixed-use development, this project not only exemplifies an innovative approach to modern living but also a commitment to meeting the evolving needs of one of the nation’s fastest-growing regions.
The project is expansive, covering 90 acres that have been carefully allotted to maximize utility and enhance the residential experience. A sizable 25-acre portion will be dedicated to a build-to-rent community named Tavalo at Asante, overseen by GTIS. Designed to cater to the demand for rental housing, Tavalo at Asante will offer a suite of single-story homes, replete with amenities that promise comfortable and upscale living. The gated community aims to provide a sense of exclusivity, complemented by thoughtful inclusions such as a resident lounge, resort-style pool, and open spaces for pets and play—all woven into the fabric of the larger masterplan.
On the commercial front, Clyde and Simon CRE are set to develop a 12-acre retail hub that promises to be a nexus for neighborhood entertainment and services, forming an intrinsic part of the community’s Phase I. This area will be seamlessly integrated into the broader plan, reinforcing the idea of a community that is both self-sufficient and well-rooted in its locale.
Of particular note in this visionary plan is the partnership with HonorHealth for the development of a 20-acre medical facility. The relentless push towards comprehensive community development is echoed clearly in the words of HonorHealth’s Vice President of Strategic Planning, Rick Murdock, who emphasized the alignment of healthcare services to the community’s needs. This partnership reflects a forward-thinking approach to ancillary development, reinforcing the idea that healthcare can and should be locally-tailored and accessible.
Residential living, commercial convenience, and healthcare excellence convene at Asante Trails to form what is projected to be a linchpin in the Surprise submarket. GTIS’s Rob Vahradian has highlighted the strategic location—”adjacent to the Loop 303 industrial corridor, Phoenix’s fastest growing job market,” potentially drawing people seeking both housing and employment options. Meanwhile, Jim Stockwell, President at Clyde Capital, casts light on Phoenix’s broader housing shortage and amplifies the project’s value in providing “housing opportunities, all in a walkable and integrated setting.”
The collective efforts of local authorities and stakeholders bring this project to fruition, showcasing their dedication to fuel economic growth, drive innovation, and enhance the quality of life within the community. Asante Trails is more than a property development; it’s a blueprint for a future where lifestyle, work, and wellness intersect gracefully.