Aura Apache will be a 295-unit, Class A multifamily development located at the northeast corner of McClintock Road and Apache Boulevard in Tempe, Arizona. The Property is situated on approximately five acres of land at the center of Greater Phoenix in downtown Tempe.
Tempe has actively promoted the redevelopment of its urban core by attracting major employers, constructing world-class civic spaces, investing in transportation and infrastructure, and leveraging Arizona State University’s explosive growth. Residents will enjoy a resort-style pool, clubhouse, fitness center, business center, outdoor kitchen area, dog wash, and associated amenities. Aura Apache will include workforce housing in 10% of its units, and will feature a solar array on the parking structure, which will drive a reduction in utility costs.