Dominium Expands Arizona Footprint May172021
Image courtesy of Dominium
Dominium is about to start construction on Vista Ridge, a 308-unit affordable housing community in Phoenix. Public records show the firm acquired the 12.7-acre development site for $3.3 million in April. Completion is expected in the spring of 2022 for the developer’s first project in the metro and its second in Arizona.
Development partners include the City of Phoenix, WD Construction, Todd + Associates, Hunter Engineering, Gammage & Burnham and Winthrop & Weinstine, together with Colliers Securities and First American Title.
In April, Dominium’s development activity witnessed another expansion: The firm broke ground on its first affordable project in Newnan, Ga. The 202-unit community will cater to adults aged 55 and over.
Del-prado-park
Arizona
United-states
Phoenix
South-mountain
City-of-phoenix
American
Freddie-mac
Winthrop-weinstine
Gammage-burnham
Arizona-department-of-housing
Arizona-industrial-development-authority