Developers broke ground on The Hillburn, a build-to-rent project within the Sonoran Foothills master-planned community in North Phoenix.
Scottsdale-based Sunbelt Holdings and Mosaic are collaborating on development, while Boston-based private equity firm Rockpoint is providing financing.
The Hillburn will feature 283 single-family rental homes and townhomes in two-, three- and four-bedroom floor plans. Units will have attached garages, covered patios and porches and private yards.
Planned amenities within the gated community include a pool, fitness center, dog park, playscape and basketball court.
“The Hillburn community has been thoughtfully planned to offer high-quality and distinctive home options and a selection of family-friendly amenities, all with the flexibility of renting,” John Graham, chairman and CEO of Sunbelt Holdings, said in a press release.

