The Queen Creek Planning and Zoning Commission has recommended approval of Greystar’s request to rezone a nearly 17-acre site near the NEC of Germann and Power roads and a site plan for the company’s planned Summerwell Residences Build-to-Rent development on the site.
According to the report to the Commission, “The request is to Rezone the approximate 16.8-acre site from C-2 (General Commercial) to MDR/PAD (Medium Density Residential/Planned Unit Development) along with Site Plan approval for the development of a residential community consisting of 150 single-family detached and attached rental units and associated community amenities.”
The property is surrounded by retail commercial to the north and west, single-family homes to the south and an industrial business park to the east.
The gated community will feature single-family-style homes of two stories designed in a modern farmhouse style. Sizes will range from nearly 1.3KSF to 1.725KSF with multiple floor plans for two-, three- and four-bedroom homes. There will be three amenity areas. The primary amenities include a clubhouse with a pool and spa, as well as indoor and outdoor gathering areas. There will also be a dog park and park/greenbelt space.
The buildings will consist of 48 duplex units and 102 individual homes.
A local news outlet reported commissioners praising the single-family aesthetic of the Build-to-Rent plan, as well as the potential for pricing flexibility. They also credited Greystar for choosing to develop on “a challenging infill site” that has been vacant for a long period.
Developer Mill Creek Residential had previously planned the site for a 340-unit multifamily community but withdrew its requests in 2024 after facing significant opposition.
Greystar bought the property in 2025.
Even Greystar’s proposal has encountered some opposition from residents voicing the standard worries about traffic, impact on neighborhood character and the loss of potential commercial development. Staff reported receiving 27 statements of opposition and three in support as of Sept. 1.
Supporters spoke in favor of the plan’s lower density, addressing the demand for diverse housing types and expanding the area’s housing options.
Summerwell Residences is one of the first BTR proposals to start making its way through the approval process in Arizona after proposed federal regulations in late 2025 and early this year put an inadvertent halt to the sector. As reported by AZBEX in April, U.S. Senate changes to the House-approved 21st Century ROAD to Housing Act would have required institutional owners with portfolios of more than 350 single-family homes to sell their properties. Those amendments initially included BTR communities and would have eliminated the incentive to develop. (AZBEX; April 28)
The final version passed by Congress and signed by Pres. Donald Trump removed the divestment requirement.
Greystar is the project owner. The design firm is Felten Group. Legal representation is provided by Ray Law Firm.
