Toll Brothers Apartment Living will partner with Willton Investment Management to develop Lumara, a multifamily rental community in Phoenix. Funding was secured through an $86 million construction loan from Santander Bank.

Located in the Deer Valley submarket in North Phoenix, the four-story, 456-unit development will include a heated pool, rooftop terrace, outdoor fitness lawn, putting course, virtual sport simulator, sculpture garden, business conference room and private walking trails.

“With strong growth in the area, including a burgeoning tech manufacturing presence nearby, Lumara will be a welcome addition to this North Phoenix location that is poised for further expansion,” John McCullough, president of Toll Brothers Apartment Living, said in a press release.