Phoenix & Southwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Empire Building AZ’s Largest BTR Project
Empire Group started construction on its largest build-to-rent project in Arizona, Village at Bronco Trail. The new development is in close to Taiwan Semiconductor’s new mega-plant and will sit on a 30-acre site at 29th Avenue and Sonoran Desert Drive.
Tower Capital arranged an $88.5 million construction loan. Construction commenced in August 2023. The general contractor for the project is Lifestyle Homes and the first phase of units is expected to be ready in the first quarter of 2025.
The new development will consist of 354 units and will offer one-, two- and three-bedroom units with floor plans averaging 923 square feet. Amenities will include detached garages, fitness center, car wash station, playground, a dog park, grilling area, resort-style pool, clubhouse, and common area open spaces. Each home will have a private yard.
- ◦Development

