Matter Real Estate Group partner Jim Stuart told the Review-Journal that the first batch of apartments in UnCommons’ 352-unit rental complex is scheduled to be available for move-ins this March.
He expects to finish construction of the apartment project, known as Vestra, by the end of next year. Stuart also said his team is now designing a second phase of apartments, a 454-unit project called Domus.
UnCommons, at Durango Drive and the 215 Beltway in the southwest valley, has been under construction for a few years. Plans call for more than 500,000 square feet of office space, 800-plus apartments, an entertainment venue, restaurants and cafes, fitness studios, conference center and food hall.
Residential space has been part of the plan since day one, Stuart said, adding it brings an additional “vibrancy” to the evenings, as tenants would live a short walk from a range of amenities.
Its signed office tenants include commercial real estate brokerage CBRE Group, financial services giant Morgan Stanley and online sports betting company DraftKings.
The project is across the street from Station Casinos’ under-construction Durango resort.
Contact Eli Segall at email@example.com or 702-383-0342. Follow @eli_segall on Twitter.