Gilbane Development Company and The P.B. Bell Companies have broken ground and construction has begun at Almeria at Ocotillo, a luxury apartment community in Chandler.

Located on the NEC and SEC of Dobson Rd. and Market Place, Almeria at Ocotillo will feature 389 units in 2- and 3-story building configurations. The community is situated inside the 73-acre, mixed-use project known as The Waters at Ocotillo, and is adjacent to Downtown Ocotillo.

MT Builders is the general contractor; Whitneybell Perry is the architect.

The entire master-planned development is strategically located within the Price Road Corridor, one of the most sophisticated employment centers in Arizona, boasting employers such as Intel, eBay, PayPal, Orbital Sciences, Amkor Technology, Freescale Semiconductor, Microchip Technology and Wells Fargo.

“Almeria at Ocotillo will cater to the most discerning of residents, with its high-quality Santa Barbara style design, gorgeous landscape and outstanding amenities,” said Bob Gilbane, chairman and CEO of Gilbane Development Company. “We are excited to bring such a tremendous project to Chandler.”

Floorplans at Almeria at Ocotillo include spacious one, two and three-bedroom options featuring 9-foot ceilings, complete appliance packages including full-size washer and dryer, granite countertops, walk-in closets, balconies and more.

The community also offers gated access, attached garages, generous open spaces with picnic areas and gas grills, two heated resort-style pools and spa, children’s play area and splash pad, resident’s lounges with theater room, fireplace and flat-screen TVs, and two fully-equipped athletic centers that overlook the pool areas with state-of-the-art fitness equipment, free weights and Cardio Theater monitors on all cardio equipment.

“Our development team has worked very hard to bring this “Best in Class” luxury apartment community to Chandler,” Gilbane said. “We believe with the wonderful amenity package, lake side views and state of the art leasing we will offer at the location in the beautiful community of Octotillo we will set a new standard of living in Chandler.”

Almeria at Ocotillo is set to open in 1Q 2014.