Watt Communities of Arizona is building a new single family home development at 32nd street and Cactus in Phoenix called The Enclave.
The Enclave at 32nd St will be about 3.5 acres and situated on the southwestern corner of 32nd street and Cactus. The move grows the company’s local presence and expands its product offerings to include single-family detached homes and urban townhomes in suburban neighborhoods.
Scheduled to break ground in late 2014 with models set to be completed by mid-2015, The Enclave includes 31 two-story, single detached homes ranging from approximately 1700-200 square feet. All homes will feature a welcoming front porch concept, creative side patios, builder installed front yards and common area landscaping, walkable interior courtyards, and private rear entry, two car garages. The houses’ price range has yet to be determined.
“This development is based on a private drive design developed by our partners in California, and is a unique concept here in Arizona,” said Paul Timm, COO of Watt Communities of Arizona. “Having just one point of entry for the community adds a level of privacy and allows residents to own a small oasis within a bustling urban corridor. It is innovative housing in and active location, but also peaceful.”
The Enclave at 32nd street land acquisition closed escrow on May 13th for 1.275 million.
Steve Pritulsky, Watt Communities of Arizona president said that new homes in the area were few and far between since the downturn in the housing market. Creating infill projects like these, he added, helped make the lots useable again.
“Typically, there’s a greater degree of profitability in the infill market,” Pritulsky said. “To some extent, they’re kind of insulated a great deal from direct competition.”
He said infill developments also directly help the community by using resources that already exist.
“So often you hear criticism that the development industry promotes sprawl and the outward march into the suburbs,” he said. “So I think one of the most basic things that it does for the community is that it leverages off of existing infrastructure, and it doesn’t create the need to basically expand the city. You’re filling in the gaps.”
This is exciting news for the community of 32nd st. The vacant lot will finally have a purpose and is part of the 32 North revitalization plan.
