Second Phases Nears Close-Out with 17 Homes Remaining
CHANDLER, ARIZ. – 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, Arizona.
About The Cays at Downtown Ocotillo
The Cays at Downtown Ocotillo offers a collection of luxury condominiums in Chandler’s vibrant Price Corridor. Developed by The Statesman Group, The Cays is comprised of one- and two- bedroom condominium homes and penthouses with lofts priced from the high $200,000s. 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. Steps from the community is the quaint Downtown Ocotillo district with restaurants, wine lounges, a coffee shop, salon and professional services. The Cays is set within Chandler’s upscale Ocotillo master-planned community with 162 acres of man-made lakes, spacious parks, walking and biking paths and the 27-hole championship golf course at The Ocotillo Golf Resort, named “one of the best places to play” by Golf Digest Magazine. For more information, visit TheCaysatOcotillo.com.
About The Statesman Group
For more than 40 years, The Statesman Group has been active as a developer, builder, investor and manager of single-family, multifamily, resort and senior living communities throughout North America. Family owned and operated since its inception, Statesman has delivered more than 15,000 homes, and growing, within dynamic master-planned communities. The company’s portfolio includes The Statesman Collection of Condominium Communities and two full-service senior care community brands, The Manor Village Life Centers and Advanced Medical Group. Statesman has also recently expanded as an investor in hotel development including partnerships with Tru by Hilton, Residence Inn by Marriott, TownePlace Suites by Marriott and the new Aloft by Starwood (Marriott). With headquarters in Scottsdale, Ariz., the company has offices and developments in Alberta, Ontario, British Columbia and Washington. For more information, visit StatesmanCorporation.com.
About Ocotillo and Price Corridor (Chandler, Ariz.)
The Cays is set within Chandler’s upscale Ocotillo master-planned community with 162 acres of man-made lakes, 17 miles of shoreline, spacious parks, walking and biking paths and the 27-hole championship golf course, recently acquired by Phil Mickelson, at The Ocotillo Golf Resort, named “one of the best places to play” by Golf Digest Magazine. A rarity in the Arizona desert, the charm of waterfront living has made it among the most sought-after neighborhoods in the Valley.
The Cays is located along the Price Corridor, also known as the Tech Corridor, which is quickly being dubbed “a version of Silicon Valley”, due to its massive industry growth with major companies like Intel, Wells Fargo, General Motors, PayPal and Orbital ATX operating campuses in the area. More than 30,000 people, and growing, are employed in the corridor. There are also plans for an Innovation Square, located northwest of Price and Queen Creek roads, that will be a research and industrial hub including lunch spots, coffee shops and retailers where people in research and industry can meet, interact and share ideas.