Selling nearly $40 million in real estate to-date, The Statesman Group is preparing to launch the third phase of construction at The Cays at Downtown Ocotillo, a $90 million luxury condominium community located within the sought-after Ocotillo neighborhood in Chandler.
The upcoming phase will break ground this fall and include the third of four buildings featuring 64, one- and two-bedroom condominium homes and top-floor penthouses ranging in size from 862 to1,512 square feet and priced from the mid $300,000s. A VIP interest list is now being generated with sales to launch this fall. Completion of the third building is expected for the first quarter of 2020.
When The Cays opened in June 2015, it was the only for-sale condominium community of its kind in the East Valley with resort-style amenities and direct access to the restaurants, wine bars, a coffee shop and retailers in the neighboring Downtown Ocotillo district. Now, Statesman has sold more than 128 homes with just 17 remaining in the second phase.
“We are expecting a quick sell-out of the remaining homes here at The Cays and we’re looking to carry that momentum into the next phase, especially since pricing will increase in the coming weeks,” said Alana Mann, president and owner of The Statesman Group. “With the expansion of the surrounding Downtown Ocotillo neighborhood, homeowners at The Cays will have a whole new level of dining, shopping and services right in their backyard, while still being just a three-minute drive to the booming Price Corridor. You just can’t beat the location, the access and the amenities.”
Homes at The Cays feature distinctive interiors with designer-selected finishes including large master bedrooms, split floorplans for privacy, spacious walk-in closets, 20’x20’ ceramic tile flooring throughout, 42’ upper and 36’ lower cabinetry with a choice of finishes, Whirlpool upgraded stainless steel appliances and expansive patios for indoor/outdoor living. Each home will also come equipped with state-of-the-art SMART Technologies featuring Fiber Optic high-speed internet producing a minimum of 200 megabits per second guaranteed, a speed that is hard to come by as most cable providers offer around 25 megabits per second.
Residents also have access to an expansive offering of resort-style amenities at The Cays including a 9,500 square-foot clubhouse that features a gourmet community kitchen, two-sided fireplace, a media center and social lounge, yoga studio, billiards and shuffleboard located at the heart of the property. Other amenities include an 1,800 square-foot fitness center with locker rooms and private steam showers, year-round heated swimming pool surrounded by private cabanas, an outdoor kitchen with gas BBQs and a bar, fireplaces and lush landscaping.
To register for the VIP interest list or for more information, visit TheCaysatOcotillo.com or call 480-248-3737. The Cays at Downtown Ocotillo is located at 2511 W. Queen Creek Road in Chandler, Ariz.