The Statesman Group announced today that West Coast-focused Polaris Pacific has been hired to lead the sales and marketing for its $90 million dollar luxury condominium community, The Cays at Downtown Ocotillo.
Located within Chandler’s sought-after Ocotillo lakefront neighborhood and along the vibrant Price Corridor, The Cays is a collection of 278 one- and two-bedroom condominium homes and penthouses with lofts, priced from the mid $200,000s. The first phase of 76 homes was completed in August of last year and is now 85 percent sold. After breaking ground in February of this year, the second phase of 70 homes is already 30 percent sold and completion is expected in early 2018. Two additional phases are planned.
“This is one of the only luxury condominium communities in Chandler and the East Valley, where homeowners can enjoy resort-style amenities and lakefront living while also having restaurants, wine bars, a coffee shop and retailers right outside their front door,” said Alana Mann, president of The Statesman Group, a family owned and operated international developer headquartered in Scottsdale. “We look forward to working with Polaris Pacific and leveraging their expertise in the multifamily sector. It’s been exciting to see the demand for this type of living in Chandler, especially thanks to the boom of the Tech Corridor and the more than 30,000 people now employed in the area.”
At the heart of The Cays is an expansive 9,500-square-foot clubhouse with a gourmet community kitchen, two-sided fireplace, a media center and social lounge, yoga studio, billiards, shuffleboard and a 1,800-square-foot fitness center with locker rooms and private steam showers. The amenities continue outside with a resort-style heated swimming pool surrounded by private cabanas, an outdoor kitchen with gas BBQs and a bar, fireplaces and lush landscaping.
A rarity in the Arizona desert, The Cays is set within the upscale Ocotillo neighborhood with 162 acres of man-made lakes, 17 miles of shoreline, walking and biking paths, spacious parks and the 27-hole championship golf course at The Ocotillo Golf Resort, named “one of the best places to play” by Golf Digest Magazine. The course was recently purchased by pro golfer Phil Mickelson.
The Cays is also located along the Price Corridor, quickly being dubbed “a version of Silicon Valley” due to its massive industry growth with major companies including Intel, Wells Fargo, General Motors, PayPal and Orbital ATK operating campuses within a three-mile radius.
Another major attraction for homeowners is that it is walkable to the quaint Downtown Ocotillo district with restaurants, wine lounges, a coffee shop, salon and professional services just steps from the community.