201-unit build-to-rent community opens in Apache Junction

PHOENIX — A new housing development is looking to spark growth along a key corridor in Apache Junction.

City leaders and developers gathered Wednesday for a ribbon-cutting ceremony to celebrate the grand opening of VERGE, a 201-unit “build-to-rent” community located at the southwest corner of Broadway Avenue and Tomahawk Road.

The project, spearheaded by 29th Street Living, aims to provide a middle ground for residents who want the privacy of a single-family home with the flexibility of a rental…

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