Greystar Announces Phase II of Phoenix’s City North Residential Project: A New Paradigm in Multifamily Living
In breaking real estate news from the flourishing Southwest, we’re pleased to report that Greystar Real Estate Partners have announced the ground-breaking ceremony for the second phase of its City North Residential project in Phoenix, AZ. Greystar, the global titan in real estate investment, development, and management, carries on its commitment towards quality living with this announcement.
Noteworthy leading lights in the world of real estate engineering, Greystar has traditionally aimed at delivering a version of the ‘live, work, play’ paradigm through their multifamily projects. No surprises here as City North continues that legacy. This development strategically adds a new dimension to local living experiences. City North Phase II amplifies Phoenix’s desirability as a destination, stimulating the local economy and offering premium lifestyle options for residents close to their workplace.
Lay out the welcome mat for an additional 348 residences that will augment the existing 272 underway in Phase I. The upcoming facilities spell luxury, encompassing one- and two-bedroom layouts sized from a cozy 621 sq. ft. to a spacious 1,439 sq. ft. Owing to fantastic planning and architectural genius, residents can look forward to stunning mountain views surrounded by a studiedly soothing landscape.
Drilling further into Phase II’s features, watch out for boutique hotel-inspired in-home models exuding elegance. Residences masterly put together with two-toned cabinetry, quartz countertops, and designer tile backsplashes present picture-perfect homescapes. In addition, the community’s seven-story rooftop amenity deck features world-class amenities, mostly comprising a modern fitness center, a sparkling resort-style pool, and spa, scenic outdoor cabanas, and more.
An equally engaging ground floor arrangement offers a two-story clubhouse and co-working spaces suffused with natural light transuding an inviting ambiance. City North’s proximity to significant public spaces like retail outlets, restaurants, coffee shops, fitness studios, and highly regarded companies gives it a winning edge.
To help shape this architectural marvel, Lawrence Lake Interiors overlook the interior design, ensuring consistent high-quality finishing, while Architects Orange skillfully crafts the overall architecture. ABLA sprinkles an element of artistic grace, leading the landscape architecture. Financial backing arrives from equity partner SofMac Partners and lender Security Benefit Life Insurance Company.
Scheduled to open doors to potential residents in late 2025, with final completion eyed for the second quarter of 2026, City North Residential Phase II powerfully represents yet another leap in metropolitan living.
As the Multifamily Leadership Brand, we support informed and insightful investments. Therefore, we are confident that the Phase II project’s integral features and strategic location should propel it to be a triumphant paradigm of multifamily living. The opportunity perfectly blends work-life integration and lifestyle quality, upholding our ideals in offering more than just a living space.