A new collection of luxury homes from Toll Brothers will join Sereno Canyon, a gated master-planned community in North Scottsdale.

The company’s inaugural project is located in South Fulton County and called South Pine. 

Alloy Midtown, an urban apartment development converted from the former Phoenix Drug Enforcement Agency (DEA) headquarters, is set to open on June 20.

Tavalo Communities, a subsidiary of GTIS Partners, celebrated the grand opening of Tavalo Queen Creek on May 16.

Home prices begin at $349,000.

The builder broke ground on homes in the development in February.

“As a luxury developer new to Arizona and eager to take a prudent approach, sales for Portico outpaced all our expectations,” said Elizabeth Brooks, executive vice president of sales and marketing for Belgravia Group.

Camelot Homes will host a grand opening event at Shadow Ridge, a 31-home community in Scottsdale, on March 2 from 11 a.m. to 3 p.m.

The builder recently closed on 145 homesites that will serve as an extension of its existing Skye Ridge at Victory neighborhood in the community.

Camelot Homes will host a grand opening at Willow, a 14-home luxury gated community in North Central Phoenix.

Located at 128th St. and Shea near the Mayo Clinic, the luxury gated community contains 12 single-story homes.

Toll Brothers officially opened Sonoran Trails, a gated community of estate-sized homes in Cave Creek.

Portico won the Phoenix Agents’ Choice Award for Multifamily Project of the Year in 2023.

“We are excited that residents will have a top-quality new rental option to choose from when Stella opens its doors next year,” said Josh Purvis, managing partner for Thompson Thrift.

There are over 131,000 units in the Phoenix metro area’s apartment construction pipeline, according to the latest report from Berkadia.

Last year, inventory supply was 185.7% lower at less than one month.