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JPI Adding 397 Apartments to City North Development
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JPI is planning a 397-unit apartment complex at City North, the 100-acre master planned community near TSMC in North Phoenix. CityNorth is the fourth phase of multifamily at the mixed-use development.

In addition to retail and office space, the master plan for the site contemplates a multi-phased development with eight multifamily buildings—a residential core with roughly 2,500 units. The third phase of the multifamily residential project, currently under construction, is being developed by Mill Creek Residential. The property is expected to be finished by the end of next year.

JPI at CityNorth’s fourth phase would include amenity areas such as a pool, outdoor and indoor dog park, coworking space and a fitness room.

The fourth phase isn’t slated to begin construction until next spring or summer. Sunela and Azur, which represent the first and second phases of the CityNorth residential development, have already been completed. Sunela costs just under $100 million to build.

The post JPI Adding 397 Apartments to City North Development appeared first on Connect CRE.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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