Wood Partners Announces Grand Opening of Two New Multifamily Developments within the Phoenix MSA, Alta Avondale and Alta Rise

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Alta Avondale
Alta Avondale includes a mix of studio, one-, two-, and three-bedroom apartment layouts and is expected to be fully completed in January 2025. 200 units are available for leasing today.

Wood Partners opened two new properties, Alta Avondale in Avondale and Alta Rise in Chandler. Both properties reside within the Phoenix, Arizona MSA. These multifamily developments will bring more than 630 units to the fifth-largest metro in the country.

Alta Avondale is a 360-unit project on 14 acres of land located in The BLVD in Avondale, a mixed-use destination. The apartment community features a fitness center, a speakeasy, a pickleball court, co-working spaces with private offices, private garages, a dog park and a Skydeck with mountain views.

Alta Rise includes 278 units across two four-story and two three-story buildings featuring a mix of studio, one-, two- and three-bedroom apartment layouts. The multifamily complex is located on the corner of Elliot and McQueen in the northwest corner of the Town of Gilbert.

Alta Rise
Alta Rise features a fitness center, a speakeasy, a skydeck, two pickleball courts, co-working spaces, storage units, private garages, a multipurpose field, a food truck courtyard, a dog park and a pet spa. The development also has a clubhouse for residents, including a large pool and hot tub and secondary courtyards with barbecues. The development is expected to be completed in early 2025.

Wood Partners is a national real estate company that acquires, develops, constructs and property manages multifamily communities. It ranks consistently among the top five multifamily developers in the country. Through quality construction, responsible land development and intelligent design, its communities reflect the aesthetic and social fabric of the community and provide a luxurious living experience at a fair price. The company has been involved in the acquisition and development of more than 75,000 multifamily homes, with a combined capitalization of more than $13.1 billion nationwide. The company currently owns 63 properties across the United States, with a combined total of more than 17,000 homes. Wood Partners has offices in 18 major markets nationwide including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Denver, Houston, Los Angeles, Nashville, Orange County, Orlando, Phoenix, Portland, Raleigh-Durham, San Francisco, Washington, D.C., and West Palm Beach.