Soltra at SanTan Village breaks ground in Arizona

Comprising 380 units across six three- and four-story buildings, Soltra at SanTan Village has recently broken ground in Gilbert, Ariz.

The complex’s units will feature nine- and ten-foot ceilings, urban mudrooms, smart locks, walk-in showers and soaking tubs, quartz countertops, stainless steel appliances, wood plank vinyl flooring, and private garages. The community will also offer several entertainment-focused amenities, such as a 1,900-sf third-story sky terrace with a fully equipped chef’s kitchen, a private resident’s club and sports bar with a kitchen and multi-screen television wall, and an oversized “bark park” with a pet spa and grooming station.

Other amenities include a two-tiered negative-edge pool with a swim-up hospitality and entertainment area, a two-story fitness and wellness center with Peloton bikes and a yoga room, a conference room and workstation, and a Luxor parcel reception kiosk.

Todd & Associates was the project’s architects and McShane Construction Company is building it. Sustainable Engineering Group is the civil engineer and AndersonBaron is the landscape architect. Leon Capital Group is the developer.

Across the country, multifamily rents have skyrocketed. Year-over-year rents are up by double digits in nine of the top 30 markets, while national YoY rent growth is up 6.3%. Emerging from the pandemic, a perfect storm of migration, enhanced government stimulus and a hot housing market, among other factors, has enabled this extremely strong growth.