Construction is commencing on Lanai, a new housing concept reasonably priced for middle class individuals and families, with the first project located in walking distance from historic downtown Buckeye.
Lanai will be a unique, modern multifamily community prominently located in downtown Buckeye featuring townhome-style residences and exceptional amenities. With a total of 444 units built over two phases of construction, the innovative concept is a modern, contemporary twist on the townhome featuring deep-shaded patios, indoor-outdoor living, lots of natural light, and a focus on optimal space utilization and community cohesion.
Prioritizing indoor and outdoor experiences, Lanai will offer residents a harmonious living environment coupled with the vibrancy of urban proximity. With its strategic location and unique design features, Lanai is set to redefine multifamily housing in the heart of Buckeye.
Each residence in Lanai will be meticulously planned and crafted, focusing on modern aesthetics. The design will create a sense of spaciousness through the use of dormer windows and vaulted ceilings, and living rooms in all units will be equipped with expansive glass sliders. These sliders can be opened, offering residents an uninterrupted flow between their indoor living areas and the outdoors, effectively blurring the boundaries between the two and maximizing the living experience. Ground floor units will feature dedicated semi-private front courtyards, seamlessly expanding the livable space.
Holualoa Companies and Countrywalk Community Developers are partnering on the new development, which was designed by the architectural firm WORKSBUREAU.
“We are excited to be bringing this unique community to life in the heart of downtown Buckeye,” said Stan Shafer, Chief Operating Officer of Holualoa Companies. “Lanai is a true evolution in the way multifamily residential is built and will provide an inviting new affordably priced housing opportunity for individuals and families alike.”
Building upon the development tagline of “embrace nature at home,” much of the amenity space will be focused on common outdoor spaces. These shared spaces will not only enhance aesthetic appeal through the use of regionally appropriate landscaping and walking paths, but will also promote community interactions and recreational activities. The amenities include a pool and lounge area, splash pad, playground, outdoor fitness equipment and area, dog park and dog run.
Paul Timm, Manager with Countrywalk Community Developers, said that the economies of scale created by the design and construction approach creates the opportunity to offer Lanai at a lower rental price point.
“This is a different way of thinking about multifamily residential that provides an exceptional living experience for residents while keeping rental rates lower,” he said. “Lanai offers many of the amenities you might expect in a community with higher price points while emphasizing quality design features and common spaces.”
The Phoenix metropolitan area has seen some of the most dramatic rental housing rate increases in the country over the past few years, so there is a significant need and demand for additional housing options. The Lanai community in Buckeye will be the first of several planned across the Valley to help meet the market demand.