Paragon Development Group closes on 15.67 acres in Apache Junction
Site to be developed as build-to-rent Hampton Meridian
Daily Independent
Paragon Development Group recently closed on the $3.1 million purchase of 15.67 acres in Apache Junction.
The site on the northeast corner of West Southern Avenue and South Meridian Road, is slated to become Hampton Meridian, a new 195-unit luxury build-to-rent community, according to a release.
The community will provide residents with convenient and direct access to U.S. Highway 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, the release states.
