Construction has started on a new 380-unit luxury apartment complex near SanTan Village.
Leon Capital Group, a Dallas-based real estate investment company, is building Soltra at SanTan Village, on a 14-acre site on the southwest corner of SanTan Village Parkway and Ray Road.
The project comprises six three- and four-story buildings, and the company hopes to start renting some units by 2021.
“The San Tan Village area is booming, and the Town of Gilbert is a great place to live, work and play. These apartment homes will be a short walk from the robust entertainment area,” said Carl Starry, managing director of multifamily for the Leon Group.
Starry said the project is the first of several apartment complexes it hopes to build in the region, though he did not indicate where the others will be located.
With several floor plans, Soltra will offer high-end interior finishes, 9- and 10-foot ceilings, urban mudrooms, smart locks, walk-in showers and soaking tubs, quartz countertops, stainless steel appliances, wood-plank vinyl flooring and private garages.
Soltra at SanTan Village will have several entertainment-focused amenities, including a 1,900-square-foot third-story sky terrace with fully equipped chef’s kitchen, a private resident’s club and sports bar with kitchen and a multiscreen television wall.
It also plans a large “bark park” with pet spa and grooming station.
The complex also will feature a two-tiered negative-edge resort pool with swim-up hospitality and entertainment area along with private poolside cabanas.
The two-story fitness and wellness center will include Peloton bikes and a yoga room. There will also be a conference room and workstation, along with a Luxor parcel reception kiosk.
Leon Group said the project will compliment SanTan Village’s a 500-acre, open-air development with 3 million square feet of upscale retail, restaurants, entertainment, office space, hotel and residential uses, as well as other entertainment options like Top Golf and Main Event.
The community will be built by McShane Construction Company. The design team includes Gary Todd and James Favata of Todd & Associates as architects, Ali Fakih of Sustainable Engineering Group as civil engineer, and Andy Baron and Colin Hanson of AndersonBaron as landscape architect.
Leon Capital Group acquires, finances and develops retail, multifamily, residential development and self-storage properties.
Its portfolio of more than 300 investments is valued at more than $3 billion.