Chandler's Price Corridor Booming Thanks to New Condo Communities
Urban luxury is driving Chandler’s Price Corridor and turning it into a premiere option for real estate, per AZ Big Media.
The location was already a major draw for tech companies and high-skilled workers as one of the region’s fastest-growing economic hubs. Thanks to some long-term infrastructure planning, the area is now booming with high-end multifamily housing. The five-square mile area that borders neighborhoods like Clemente Ranch and Ocotillo is now producing most of the few luxury condominium communities in the East Valley.
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The Cays at Ocotillo is considered one of the model developments that sums up what’s working so well in the region. Priced well for a lakefront view, residences start in the mid-$200,000s. Offerings include 278 one- and two-bedroom condos as well as penthouses with lofts and private elevator service.
Proximity to major freeways and as well as offices and retail options have been cited as reasons buyers choose to live there. When residents decide to stay in, a 9,500-square-foot clubhouse offers a gourmet kitchen with social lounge and two-sided fireplace. The complex also includes a 1,800-square-foot fitness center with yoga studio and year-round heated pool.