Mark-Taylor has $338M in Multifamily Construction Projects in the Works

By Angela Gonzales, Phoenix Business Journal (Jan 27, 2019) – Reprinted with permission

Mark-Taylor Cos. is working on several multifamily construction projects while it also turns its eye toward acquisitions this year.

Chris Brozina, recently promoted to CEO, said the Scottsdale-based company has four luxury apartment projects under construction, with 1,628 units totaling $338 million in development costs.

That’s in addition to a 262-unit project totaling $58 million in construction costs completed in December in north Scottsdale. Units range between 1,000 and 2,000 square feet and are priced from the $1,500s to the $3,400s per unit.

Mark-Taylor Cos. finished construction of this 262-unit San Portales luxury apartment community near Scottsdale and Pinnacle Peak roads in December 2018. That Class A project totaled $58 million in development costs.

Here’s a closer look at the (Scottsdale project) Mark-Taylor currently has under construction:
San Artes
Units:
552
Cost: $130M
Location: Princess/Hayden, north Scottsdale

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