Spotlight

Encore Building

ENCORE AT FARMER

Location: Tempe, Arizona
Type of Project: Senior, New Construction
Completion: December 2011
Units: 40 x 1 bedroom, 16 x 2 bedroom
Development Cost: $10,288,689
Total Equity Investment: $8,362,981
Development Partners: PacifiCap Properties Group, LLC and Urban Development Partners, LLC

Encore at Farmer is the new construction of 56 senior units located on 0.923 acres of land in Tempe, Maricopa County, Arizona.  The units will be restricted to seniors age 55+.  The project will offer 40 one-bedroom affordable units and 16 two-bedroom affordable units contained within a single 5-story building with 58 parking spaces available for tenants.  Project amenities consist of a community room, laundry room, fitness room, and wireless internet. Senior oriented amenities will include a media room, library, transportation, and classes and services provided by Tempe Community Council.  Unit amenities include blinds, carpeting in the living room and bedroom areas, vinyl flooring in kitchen, dining area, and bathroom areas, central heating/air conditioning, patio/balconies, ceiling fans, walk-in closets, exterior storage, refrigerator, range/oven, dishwasher