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Empire Group Building 287-Unit BTR Community in Phoenix Suburb
Scottsdale-based developer, Empire Group recently closed on a 27-acre parcel in San Tan, twenty minutes SE of Phoenix, for approximately $13.8 million. Plans for the land are now underway for a build-for-rent community called Village at Borgata. (Shown in Empires’ Village in Glendale)
Village at Borgata will be a gated neighborhood within the larger master plan Borgata at San Tan, which is a total of 100-acres that will include mixed-use commercial, apartments, condominiums and single-family homes. Empire Group is targeted to break ground on Village at Borgata in spring of 2023 with leasing to begin by fall 2024.
Village at Borgata will offer 287 one- two- and three- bedroom homes for rent ranging from approximately 680 to 1,300 square feet. The single-story homes will feature private landscaped backyards. Community amenities will feature a resort style pool and jacuzzi, walking paths, a community clubhouse with kitchen, a fitness center and barbeque, and fire pit areas. Galeb Companies and Borgata Ventures LLC were the sellers.
- ◦Sale/Acquisition
- ◦Development

