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Phoenix & Southwest  + Phoenix + Texas  + Apartments  | 
Medina Station

NRP Reveals Update on Medina Station

The NRP Group announced the financial closing and groundbreaking of a 353-unit multifamily development within Medina Station, a 60‑acre master planned community in Mesa, Arizona. The four‑story, elevator‑served community will be built on a 10‑acre parcel in the northeast quadrant of the master plan.

Project financing was provided by Origin Investments as the equity partner, with debt capital from lender U.S. Bank.

Located at 10941 E Southern Ave., the development is within walking distance of major commercial retailers in Medina Station and the surrounding area, including Target, Sprouts Farmers Market, and EōS Fitness.

The new community will include a mix of studios and one-, two- and three-bedroom residences.

Residents will have access to amenities including a resident clubhouse lounge with coffee stations, a business center with coworking spaces, a fully equipped fitness center, and an outdoor pool area complete with a spa jacuzzi, cabanas, and grill stations.

Construction of the new 353-unit community will begin later this month, with completion expected in 2028.

The Business of Phoenix Rental Housing – Live on April 8: From submarket divergence and elevated deliveries to capital selectivity and North Phoenix’s growth story, the conversations shaping multifamily, SFR and BTR are happening in real time at Connect Phoenix Multifamily, SFR & BTR. Join the developers, investors, owners, operators, lenders and brokers actively executing in today’s market. Connect Phoenix Multifamily, SFR & BTR | April 8, 2026 | Register to attend: www.ConnectPHXMF2026.com 

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About Mike Boyd

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.

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