Family Development and Mosaic have broken ground on a gated, build-to-rent community located in Gilbert, Arizona.
Called Town Germann, this 14.5-acre project will feature 209 luxury townhomes ranging from approximately 1,192 to 1,379ft2 with two- and three-bedrooms, two baths plus a powder room and two-car attached garages.
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Family Development principal Vince Barbato said: “Town Germann offers a long list of perks for its future tenants: a prime location, spacious rooms, open floorplan designs, private two-car garages with direct access, and highly desirable amenities.
“Residents will appreciate the privacy of living in a gated, professionally managed neighbourhood with a multitude of retail and dining options just minutes away. Plus, its proximity to major freeways, including the nearby 202, will offer convenient access for commuters.”
The location of Town Germann is either within walking or biking distance from restaurants, shopping, entertainment venues, medical providers and recreational activities.
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Mosaic senior vice president of growth Ron Gonski said: “We were immediately inspired by Family Development’s innovative vision for this community. As the Build-to-Rent market evolves, Family Development has keyed into what today’s renters really want, like an outstanding location and top-tier amenities that cater to their everyday lifestyles.
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By GlobalData“This project’s scale and quality make it an ideal match for Mosaic’s innovative, technology-enhanced general contracting platform.”
The amenities to be offered at Town Germann include a central resort pool and spa, barbecue area, fitness center, large central park, dog park, multiple pocket parks and walking trails.
Barbato added: “We believe that Town Germann will be one of the most coveted luxury lease addresses in Gilbert. From community perks to its ultra-convenient location in the heart of Gilbert, every detail has been thoughtfully planned with today’s discerning renters in mind.
“Mosaic’s vastly experienced team understood our vision, and as we learned more about the company’s approach to construction, Mosaic became the obvious choice to help us bring this project to life.”
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Image: Town Germann at Gilbert in Arizona. Credit: Business Wire/Family Development/Mosaic.
