Rockefeller, IPA, to Develop 711 Units

Rockefeller Group is joining forces with Investment Property Associates (IPA) to develop two Class A apartment properties in the Phoenix metro. The projects, which will carry the “Liv” brand, will go north in the Deer Valley submarket of Phoenix, and Goodyear, AZ. The developments will total 711 Units.

Liv North Valley, at North Valley Parkway and Sonoran Desert Drive, will consist of 385 units. Meanwhile, further west, in Goodyear, the partners will develop the 326-unit Liv Goodyear at West Virginia Avenue and Pebble Creek Parkway. Both properties will reportedly break ground this month, with completion scheduled for mid-to-late 2018. IPA will manage both properties.

The projects will represent the second and third for the partners, which also developed the 402-unit Liv Northgate at 455 S. Recker Rd. in Gilbert, AZ. IPA has delivered five additional Liv properties in Arizona and Michigan.

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