McShane Construction Company is underway with construction on Banyan North Tempe on behalf of Banyan Residential and Milhaus. Located in Tempe, Arizona, the new multi-family development will offer 310 units across three four-story, garden-style buildings. The development is one of seven apartment communities that McShane is currently building in the greater Phoenix area.
“Positioned at Miller and Curry Roads, Banyan North Tempe is an Opportunity Zone project located in a very active development corridor,” shared Jim Kurtzman, Senior Vice President at McShane. “Tenants will not only have a beautiful, amenity-filled development to call home, they will also have easy access to downtown Tempe, Phoenix and Sky Harbor International Airport.”
The 11.12-acre site will also incorporate 8,000 square feet of amenity space with elaborate wood work including a commercial-grade fitness center, live-work units, an outdoor pool and spa, fire pits, barbecues and a dog park overlooking downtown Tempe. Additionally, there will be parking for 510 vehicles.
Each unit will contain high-end finishes including LVT and carpet flooring, smooth-finish drywall, quartz countertops and frameless glass shower enclosures.
The buildings will feature wood frame construction with a façade of stucco, thin brick and wood-look metal lattice.
McShane worked closely with the owners, architect, civil and geotechnical engineers during the pre-construction phase to determine best practices and provide improved constructability methods. The team participated in early and frequent estimate and value engineering cycles to ensure the project achieved budgetary goals while maintaining quality and finish standards during a time of volatile material costs.
Completion of Banyan North Tempe is expected in April 2023. The architect of record is Todd & Associates.