Scottsdale-based Empire Group has released plans for its build-to-rent community dubbed Village at Borgata in Pinal County, Arizona. The developer, Empire will build the community on a 27-acre land that it purchased recently from Galeb Cos at $13.8 million. Brett Rinehart of Land Advisors Organization represented the developer in the transaction.
However, the Village at Borgata community is only a small portion of the larger Borgata at San Tan mixed-use project. Overall, the master-planned project will span across 100-acres and it will include apartments, condominiums, single-family homes, and commercial components.
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Development plans for the Village at Borgata
The developers will build the 27-acre Village at Borgata community at the southwest corner of Hunt Highway and Thompson Road. But the property will have gates separating it from the outer Borgata at San Tan region. Future residents will have the option of choosing between a mix of one-, two-, and three-bedroom units built for rent. Additionally, these rooms will come in different sizes ranging from 680 square feet to 1,300 Square feet.
The Village at Borgata community will also feature single-story homes offering modern amenities and finishes. What’s more, residents will enjoy access to private greenery backyards with doggie door access, security, and smart technology features. Several shared amenities will also be available on the property such as a community clubhouse with a kitchen. Other additional facilities to encourage socializing among neighbors will include a fitness center and barbeque, and fire pit.
Empire Group expects to break ground on the Village at Borgata by spring 2023. But the leasing will commence by the fall of 2024. Richard Felker, founding partner of Empire Group highlighted the significance of the project in Pinal County. He said the property would provide living options with security, privacy, a sense of community, and an abundance of amenities. Felker also mentioned that this project would be the only luxury build-for-rent community included in the East Valley master plan.
