Fairfield owns and operates nine complexes in the metro area and developing six others, including Cantera, the latest undertaking which will bring 288 units to market. The project will open by April 2002, say company officials. The complex will contain one-, two- and three-bedroom units, ranging in size from a little over 700 sf to more than 1,235 sf.
Fairfield's other projects are the Sonoma Apartments in Avondale; Stonebridge Ranch in Chandler; Spring Canyon in Mesa; Rock Canyon Apartments in Peoria; and Palazzo Townhomes in Phoenix. All of the complexes are expected to have more than 250 units.
Fairfield has purchased the Chandler parcel from Metropolitan Land Co., a Phoenix-based real estate investment firm. Broker Mark Forrester of the Phoenix office of Hendricks & Partners has negotiated the land sale.
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