By Paragon Development Group
Paragon Development Group recently closed on the $3.1M purchase of 15.67 acres in the Southeast Valley. The site, located on the NEC of West Southern Avenue and South Meridian Road in Apache Junction, is slated to become Hampton Meridian, a new 195-unit luxury build-to-rent community.
The new community will provide residents with convenient and direct access to US 60, and offers a low-maintenance, luxurious lifestyle in a gated and private community. Construction of the site is beginning immediately, with its first units expected to be available in March 2022.
Modeled after its Arizona Multihousing Association award-winning community Hampton East, Paragon Development Group is creating Hampton Meridian with one-, two- and three-bedroom attached and detached residences ranging in size from 645SF to 1,295SF. Community amenities will include a pool, spa, sundeck, outdoor kitchens, fitness center and fire pit in addition to community lawns and open spaces, community pedestrian paths, dog park and onsite property management.
Consistent with Paragon’s other build-to-rent community neighborhoods, Hampton Meridian will utilize Tempe-based HercuTech’s HercuWall® panelized structural wall system consisting of concrete, steel, polyester film and insulating foam. In addition to creating nearly soundproof residences, HercuWall® will enable The Hampton Meridian residents to achieve energy savings up to 40 percent as compared to residences built without HercuWall®.
Hampton Meridian’s pet-friendly residences will include ample covered parking, optional garages, private backyards and front entries, open floor plans, 10-foot ceilings, granite and quartz countertops, full size washers and dryers and stainless-steel appliances.