NRP Group Breaks Ground on Three Hundred Fifty Three Unit Upscale Community at Medina Station in Mesa Arizona
The NRP Group announced the financial closing and groundbreaking of a 353-unit upscale multifamily community within Medina Station, a 60-acre master planned development in Mesa, Arizona. The four-story, elevator-served community will be built on a 10-acre parcel in the northeast quadrant of the master plan and will offer a mix of studios and one-, two- and three-bedroom residences totaling more than 340,000 square feet of rentable space.
Project financing was provided by Origin Investments as the equity partner, with debt capital from U.S. Bank. This marks the first investment for Origin’s Select Asset Fund and the third ground-up partnership between The NRP Group and Origin Investments, following joint ventures in San Antonio and East Austin.
“We identified this pocket of Mesa as a unique and compelling opportunity due to its strong demographics, beautiful surroundings and exceptional commercial offerings, said Austin Kates, Vice President of Development at The NRP Group. This community will provide high‑quality homes in a walkable environment surrounded by established retail, dining and employment hubs. What sets this site apart is its suburban location paired with direct proximity to top retail offerings, enabling residents to access everyday conveniences without needing to get in their car. We re thrilled to bring a thoughtfully designed community to Medina Station and contribute to the continued growth of the Southeast Valley.”
Located at 10941 E Southern Ave., the site is within walking distance of retail in Medina Station including Target, Sprouts Farmers Market and EōS Fitness, and offers direct access to US-60 and Loop 202. The location provides connectivity to regional employment centers including the Elliot Road Technology Corridor, Mesa Gateway Airport, area hospital networks, and educational institutions such as ASU’s Polytechnic Campus and A.T. Still University. The position also lies approximately 15 minutes from the planned LG Energy Solutions $5.5 billion battery manufacturing campus.
“Medina Station is well positioned to be a premier development in Mesa, said Jacob Sojka, Vice President of Acquisitions at Origin Investments. The project benefits from a strong location within a mixed-use community that includes planned retail, creating instant appeal. In addition, NRP s reputation as a tier-one developer adds meaningful experience, credibility, and scale.”
Design takes cues from the master plan’s desert modern aesthetic. Residences will include washer and dryer units, private balconies, stainless steel appliances, quartz countertops, walk-in closets and private yards in select units, with views of the Superstition Mountains. Amenity spaces emphasize wellness, convenience and connection and feature a clubhouse lounge with coffee stations, a business center with coworking, a fitness center, an outdoor pool and spa, cabanas, grill stations, a dog park, landscaped courtyards with fire pits and a putting green. The community will offer surface parking, carports, garages and rental storage, plus pedestrian access gates to nearby retail.
Construction will begin later this month with completion expected in 2028. The announcement reinforces The NRP Group’s continued investment in the Phoenix metro, following recent groundbreaking activity including a 288-unit affordable housing community in West Phoenix. Since 1994 NRP has developed more than 67,000 apartment homes and currently manages over 30,000 residential units.