The new project will be called ZenCity. Developers will invest about $30 million into the new 90-unit stackable modular apartment project in downtown Mesa.
The first floor of the five-story building will feature a grocery store. The project could wrap up construction by summer 2024.
The Phoenix Business Journal reports the studio or two-bedroom units take advantage of every square inch by utilizing robotic features, like converting the bedroom into the living room by raising the bed into the ceiling. The available units at ZenCity will be studios or two bedrooms and the monthly rent could range from $1,000 to $1,200. The homes come in either a 320-square-foot model or a 640-square-foot home.
The units come furnished with all major appliances, including an electric oven, microwave, dishwasher, fridge, and a stacked washer and dryer. Made of steel, the units are built to withstand high winds, snow loads and earthquakes.
Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.