Mark-Taylor, Kitchell to team on 590-unit Tempe apartment complex

Scottsdale-based luxury apartment developer Mark-Taylor Inc. is teaming up with Phoenix-based Kitchell Development Co. to erect a giant 590-unit multifamily project in Tempe.

The project will be located on roughly 30 acres near the southwest corner of Warner Road and Priest Drive. It’s on a block of land that, through a joint-venture deal between Mark-Taylor Capital LLC and Kitchell, was recently purchased in two transactions for a total $11.2 million.

Read more about the venture and project in this Phoenix Business Journal article.

Mark-Taylor has three new multi-family projects teed up for construction

Mark-Taylor Inc. in Scottsdale (Jeff Mark, Scott Taylor, principals) plans to build just under 1,000 new apartment units in three projects located in Chandler, Tempe and Scottsdale. Two of the communities planned in Chandler and Tempe, which account for 607 units, will be developed in ventures with Kitchell Development Co. in Phoenix (Jeff Allen, pres.).