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Phoenix & Southwest  + Phoenix  + Apartments  | 
JV building $250M mixed-use project in Surprise

Surprise Site for $250M Mixed-Use Project

GTIS Partners and Clyde Capital are combining efforts on the development of a $250 million mixed-use, master-planned community in Surprise. The Asante Trails project will include a build-to-rent community, retail space and a medical facility, built across 90 acres of land acquired by GTIS and Clyde.

Honor Health is taking 20 acres to develop the medical facility. Forty-five acres will be allocated to establish a multi-phase retail center at the southwest corner of Pat Tillman and 163rd Avenue, providing a mix of neighborhood entertainment and services. GTIS will retain the 25-acre balance of the site for a build-to-rent development. Tavalo at Asante will offer 282 single-story homes (duplexes and detached) ranging from one to three bedrooms. It will include a resident lounge, resort-style pool, dog parks and a central park, all contiguous and walkable to the masterplan’s future neighborhood retail center.

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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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