{"id":1004194347,"date":"2017-10-19T05:52:02","date_gmt":"2017-10-19T13:52:02","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004194347"},"modified":"2022-12-08T16:14:51","modified_gmt":"2022-12-09T00:14:51","slug":"usaa-phoenix-master-planned-community-breaks-ground","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/usaa-phoenix-master-planned-community-breaks-ground\/","title":{"rendered":"USAA Phoenix Master-Planned Community Breaks Ground"},"content":{"rendered":"

By Tudor Scolca<\/em><\/p>\n

\"Rendering<\/a>

Rendering of The Post recreation center<\/p><\/div>\n

Scottsdale-based Sunbelt Holdings\u00a0has begun construction\u00a0on the first phase of USAA Real Estate\u2019s 400-acre mixed-use community, Union Park at Norterra.\u00a0<\/p>\n

Union Park at Norterra is located in North Phoenix, at the corner of N. 19th<\/sup> Avenue and Happy Valley Road. It is adjacent to The Shops at Norterra, a mall with multiple retailers, restaurants and entertainment venues. USAA\u2019s Phoenix Corporate Campus is also near the property. The proximity of Interstate 17 allows for access\u00a0to the greater Phoenix metro.<\/p>\n

\u201cWe are very excited about bringing this unique community to north Phoenix. Its one-of-a-kind location near the highly successful Shops at Norterra retail center, easy access to I-17, and our deep commitment to creating a modern and walkable community will make for an exceptional lifestyle for residents,<\/em>\u201d said Bruce Petersen, executive managing director of investments at USAA Real Estate, in a prepared statement.<\/p>\n

Grand plans<\/h2>\n

The first phase of development is slated for a grand opening in late 2018. It will feature a recreation center with a swimming pool, a community park, and 309 single-family homes. Other proposed additions to Union Park at Norterra will include a hotel, office space and school site, as well as a retail corridor with restaurants, shops and gathering places. More residential space is planned as well, with 1,100 single-family homes and 1,100 multifamily units in the pipeline.<\/p>\n

A community hub named The Post will be the development\u2019s centerpiece\u2014a 5,800-square-foot private recreation center designed in the vein of historical farmhouses. It will include swimming pools, cabanas, a park, playground, basketball and pickleball courts.<\/p>\n

\u201cOur vision is to make north Phoenix the place to be for authentic experiences in lifestyle and living, and Union Park at Norterra\u2019s vibrant setting, charming architecture and a phenomenal recreational centerpiece will do just that,<\/em>\u201d said John Graham, president and CEO of Sunbelt Holdings, in prepared remarks.<\/p>\n

USAA also recently formed a joint venture to develop a distribution and logistics facility<\/a> in Lebanon, Tenn.<\/p>\n

Image courtesy of USAA Real Estate<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The upscale 400-acre community will feature entertainment, shopping and dining options to its residents. USAA Real Estate expects to finish the first phase within one year.<\/p>\n","protected":false},"author":1284,"featured_media":1004194348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21752,21742,1601,15],"tags":[38017,38016,32957],"class_list":["post-1004194347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-mixed-use","category-latest","category-phoenix","category-west","tag-john-graham","tag-sunbelt-holdings","tag-usaa-real-estate-company"],"acf":[],"yoast_head":"\nUSAA Phoenix Master-Planned Community Breaks Ground - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/usaa-phoenix-master-planned-community-breaks-ground\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"USAA Phoenix Master-Planned Community Breaks Ground\" \/>\n<meta property=\"og:description\" content=\"The upscale 400-acre community will feature entertainment, shopping and dining options to its residents. 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