Pickleball Takes Its Place as the Must-Have Luxury Amenity

Pickleball, a mashup of tennis, badminton and ping-pong, is trending, and luxury real estate developers are racing to keep up.

About 4.8 million people play, according to USA Pickleball, the sport’s governing body. The game can range from a social activity to play with children to a fast-paced, competitive match.

“Everyone calls pickleball the great equalizer,” said Matt Nixon, the chief marketing officer at Southworth Development. “You could be 10 years old, 12 years old, playing with anyone of any age.” He said that for the Abaco Club, a development owned by Southworth in The Bahamas, the recreational activity serves as a key channel for building community around health, wellness and the enjoyment of the sport.

For some buyers downsizing from country club neighborhoods, pickleball is already a daily hobby. They’re drawn to onsite courts because it affords a sense of community close to home.

Since pickleball appeals to all ages, many kinds of properties can benefit from offering courts as a part of their amenity packages. Far from stripped-down public park facilities, pickleball courts are popping up in luxury developments from coast to coast with thoughtful touches including plush seating and branded equipment.

The Case for New Pickleball Courts

Requiring little more than a badminton-size court, a 34-inch net, paddles and a perforated plastic ball, pickleball is easier to accommodate than other popular amenities, such as golf courses, swimming pools or bowling alleys. Developers are pulling out all the stops, often pairing the recreational activity with cocktail bars and other socially minded additions.

In Miami, the Standard Residences opted to design an indoor court that can be converted into a party room. Giant disco balls will spin from the ceiling, while spectators and players can don branded apparel and paddles styled after the Wes Anderson film “The Royal Tenenbaums.” The building, with pieds-a-terre offered in the mid $700,000s, is expected to be completed in 2023.

“We were thinking about what type of sport we could put in the building without affecting the people there. If you put in paddle[ball] or bowling, it can get too noisy and that becomes an issue,” said Carlos Rosso, the CEO of Rosso Development, the company behind the Standard Residences. “We have a karaoke bar that bleeds into the pickleball court area, so that whole scene will be a very cool way of activating the building.”

In The Bahamas, the Abaco Club transformed an underutilized area into pickleball courts and a basketball half-court. The bright blue courts are along a quiet, palm tree-lined road a stone’s throw from the beach. Lights illuminate the courts for evening matches. Cottages on the Caribbean property are priced up to $3 million and villas are expected to be priced up to $12 million.

“It’s opened up the whole area and changed the dynamic,” said Matt Young, the Abaco Club’s director of outdoor pursuits. “Plans are underway to build an outlet of sorts, with a coffee stand in the mornings where people can sit and watch pickleball or have a cup of coffee in between games.”

In the evenings, players and spectators will be able to grab a beer or cocktail while enjoying a game.

Making Use of Existing Tennis and Basketball Courts

The Abaco Club gauged residents’ interest in the game by adding stripes to its tennis court before committing to the smaller-sized courts. The residential developer Optima Inc., which owns properties in Scottsdale, Arizona and Chicago, did the same by painting stripes on indoor basketball courts.

The Abaco Club

“The requirements are similar to those of an indoor basketball court, so it’s been an easy addition. The most important thing to consider in planning a pickleball court is space and creating the striping overlay on the existing court in a way that’s cohesive,” said David Hovey Jr. , AIA, president, COO and principal architect of Optima, Inc.

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To meet demand, they’ve planned an outdoor pickleball stadium at their forthcoming luxury apartment tower, 7190 Optima Kierland. The 216-unit tower is slated to open in 2023 in Scottsdale, with prices ranging from $1.75 million to $3.25 million. “We’re excited to build resident programming around this newest feature, possibly hosting a tournament,” Mr. Hovey said.

 

Read the full article on Barron’s

Here are the Top 10 suburbs in Metro Phoenix

As the sun-soaked capital of Arizona, Phoenix isn’t just a bustling metropolis in its own right. It’s also surrounded by a ton of stellar suburbs, each offering its own unique flavor and charm. Keep reading to learn more about the Top 10 suburbs in Metro Phoenix.

From luxury enclaves to tech hubs to serene family-friendly neighborhoods, the Phoenix suburbs described below provide great options for every lifestyle. This article dives into the crème de la crème of the Phoenix suburb scene, providing insights into what makes each spot stand out in the heart of the Southwest.

Scottsdale

In the picturesque landscape of Phoenix suburbs, Scottsdale stands out as an oasis of luxury, art and outdoor activities. With world-class golf courses that would make any link lover’s heart race, upscale shopping districts that can satiate even the most discerning shopper and restaurants that range from gourmet to eclectic, Scottsdale is the epitome of suburban elegance.

Population: 242,753

Average age: 47.7

Median household income: $97,409

Average commute time: 22.9 minutes

Walk score: 32

One-bedroom average rent: $2,024

Two-bedroom average rent: $2,984

Three great apartment complexes in Scottsdale

Optima Kierland Apartments

Montreux

Inspiration at Frank Lloyd Wright

But it’s not all about the glitz and glam. This Phoenix suburb supports an array of outdoor activities, from the scenic trails of McDowell Sonoran Preserve to horseback riding under the vast Arizona sky. Dive into Scottsdale and discover what makes this Phoenix suburb a crown jewel of the Southwest.

Chandler

What sets Chandler apart in the lineup of Phoenix suburbs is its commitment to balancing urban sophistication with hometown warmth. From high-end shopping centers to local farmers markets and from cutting-edge theaters to the annual Ostrich Festival, this Phoenix suburb ensures residents never have a dull moment.

Population: 279,458

Average age: 36.7

Median household income: $91,299

Average commute time: 24.9 minutes

Walk score: 35

One-bedroom average rent: $1,785

Two-bedroom average rent: $2,000

Among the constellation of Phoenix suburbs, Chandler shines brightly with its unique blend of tech-driven progress and laid-back Southwestern charm. As the hub of the Silicon Desert, Chandler boasts a growing technology industry, attracting innovators and professionals eager to make their mark.

Three great apartment complexes in Chandler

Stone View on McQueen

The Ashley

Soleil

Gilbert

Once known as the “Hay Shipping Capital of the World,” Gilbert has grown exponentially, trading hay bales for innovative businesses and growing communities. Gilbert is a shining example of how a city can expand without losing its historic charm.

Population: 273,136

Average age: 34.5

Median household income: $105,733

Average commute time: 27.1 minutes

Walk score: 29

One-bedroom average rent: $1,747

Two-bedroom average rent: $1,991

 

Read more on AZ Big Media

Visit Optima Kierland Apartments for more details

Green Walls Are About To Become Much, Much Bigger With A Little Help From Technology

Optima, a developer based in the dry climate of Arizona no less, has come up with a vertical planting system that has self-contained irrigation and drainage so plants can grow up and over the side of the building. This provides a natural shading system while also creating cleaner air and decreasing the excessive temperatures so common to Arizona. Vertical gardens are one part of their overall greening initiative which aims to be carbon neutral by 2030.

Read the full feature on Forbes

The High Life: 7180 Optima Kierland Now Open

The Valley’s hottest high-rise is now open in Scottsdale. Towering 12 stories, 7180 Optima Kierland has an eye on green living, award-winning design, endless amenities for owners and Arizona’s first rooftop running track.

North Scottsdale recently opened 7180 Optima Kierland, a 12-story residential tower, boasting the next level of Optima’s award-winning design from David Hovey, Jr., AIA, president and principal architect of Optima. Sales remained strong through the pandemic; as of press time, the tower is 75 percent sold out.

7180 Optima Kierland comprises one-, two- and three-bedroom homes, plus a collection of premium penthouses at the highest floor. Though four models are available to tour, there are a variety of options for custom and combined floorplans. Listening to its residents in it other Valley towers, the Optima team used the input to create the perfect setting for any buyer. Regardless of floorplan, the residences exemplify Optima’s clean, contemporary aesthetic with Italian custom cabinets, Kohler faucets and fixtures, Bosch appliances and floor-to-ceiling window walls. And Optima’s signature terraces are complemented by a next-generation vertical landscape system.

Read the full feature of FabAZ

Visit Optima Kierland for more details

Optima Unveils Luxury Penthouse Collection

Four luxury penthouses were recently unveiled at the nearly sold out 7180 Optima Kierland in north Scottsdale with two penthouses available for private tours starting this week.

Among the most impressive high-rise residences in Arizona, priced from $1.349 to $1.445 million, according to a press release, the penthouses are part of The Mountain Collection, which is a limited selection of penthouses with views of the McDowell Mountains, featuring floor-to-ceiling glass walls, and an “ultimate indoor-and-outdoor living experience.”

“We’ve truly saved the best for last as we debut these very special penthouses that grace the top floors of 7180 Optima Kierland and serve as a capstone to the most elevated building that we’ve ever created here in Arizona,” said David Hovey Jr., president, COO and principal architect of Optima, in a prepared statement. “This exclusive, highly curated collection of residences embodies our collective vision for what refined, high-design living is all about.”

Each penthouse features a private terrace adorned with hanging greenery – a signature of Optima’s award-winning design aesthetic – and upgraded finishes including European Oak wood flooring and Gieffe Cucine cabinetry, polished granite countertops, tiled terraces, upgraded lighting, 10-foot ceilings and appliances from high-end brands Bosch and Elicia.

Since sales began in January 2019, the release said Optima has consistently outpaced the Arizona condominium market. This month, 7180 Optima Kierland is selling nearly five times faster compared to other new condominium developments across the Valley, according to a May 2021 market study by Polaris Pacific.

In addition to The Mountain Collection, 7180 Optima Kierland has limited two-bedroom residences available for sale and priced from $999,000. World-class amenities also include a rooftop Skydeck with a residential rooftop running track, a heated lap pool, a full outdoor bar and kitchen.

 

Read more on The Daily Independent

Visit Optima Kierland for more details

BEX 2023 Forecast Gives Shape to a Tumultuous Year

From Founder and President Rebekah Morris down through the entire Research, Editorial and Support staff, the crew at BEX Companies proudly self-identifies as “Data Geeks”. The annual Construction Activity Forecast Event is our time to shine and show off the extreme (some might even say excessive) volume of data we’ve put together over the year and compare it to the previous year’s output and result.

For our 2023 event(s), 365 attendees registered to drink from the data firehose and soak up as much information as they could in a whirlwind two-hour presentation by Morris and DATABEX Manager Lya Parrish. For the first time, demand was so heavy the event had to be presented twice to accommodate everyone who wanted to come.

Following brief introductory remarks from Parrish explaining how data for the 11 covered markets is collected and analyzed, it was off to the races with Morris’ now-familiar overview of the state of the overall Arizona construction market, its impacts and what has changed over the last 12 months.

State of the Market

Morris started her annual summary noting the three major factors impacting construction in the state—Population GrowthEmployment, and Inflation and Interest Rates—the last of which she noted had not been a major factor until 2022.

Population growth has been a primary factor in Arizona since the end of the Great Recession, trending generally upward over the past 10 years and hovering around 1.5% annually.

That has, of course, fueled demand across the range of construction markets. Ironically, what it has not done is return construction employment to its pre-Recession levels. At its peak in 2006, Arizona construction employment was 240,300 jobs. That plummeted in the recession down to 110,900. Even with the exceptional boom in project counts and valuations, however, by 2022 construction employment had only rebounded to 186,700.

Even with a workforce that’s 22.3% below its former peak, however, 2022 construction activity totaled $22.4B, a 24% year-over-year increase and a $730M increase over the 2006 past peak.

On the inflation side, a combination of supply issues and cost increases held market growth back in 2021, Morris said. “Construction was constrained in Arizona. We couldn’t get materials, couldn’t get labor. There were, and there are still, some significant permitting delays. We did not grow the industry, but we certainly grew our Producer Price Index, that inflation number,” which hit 10%. The PPI for 2022 came down to approximately 6.7%.

Construction activity, however, grew by 24%. “I don’t have a precise answer on, ‘How much did inflation grow versus how much did the market grow?’ What we know is that we grew jobs. We’ve got specific counts by market sector. We have very specific project-level detail. We can tell the overall market grew much more than inflation.”

After going over the general numbers, Morris put the data into context across construction markets. She reported that in 2019, the cost/SF for a small office renovation was between $50 and $100. In 2022, that had risen to $150-$250. For new mid-sized apartment complexes, the cost/SF was $150-$175/SF. In 2022 the average was between $220-$275.

The researchers and the audience were fortunate enough to have an apples-to-apples comparison for high-end multifamily. In 2020, the Optima Kierland luxury apartment development was announced with a per-unit cost estimate of $632K. For the Optima McDowell Mountain Village project announced in 2022, the per-unit development cost had risen to $751K.

Nearing the end of her introductory segment, Morris talked about how, not very many years ago, the market share breakdown between Housing, Public and Private projects was generally one-third to one-third to one-third. Showing a seismic shift in demand volumes, Housing currently stands at 27.2%, Public at 20.4% and Private at a whopping 52.4%.

Capital Improvement Programs

Morris next launched into coverage of projects and trends in Capital Improvement Programs and the Public sector, which for research purposes consist of Education, Public Spaces, Utilities and Transportation.

Of the Top 10 Capital Improvement Programs analyzed this year, only two—Valley Metro and Mesa—showed decreases. Phoenix led with $9.778B, followed by the Arizona Department of Transportation at $6.752B.

Bringing up the rear at Number 10 was the Town of Queen Creek, which saw its CIP explode with a 232.1% increase to reach $972.3M.

 

Read more on AZBEX

Visit Optima McDowell Mountain Village for more details

Visit Optima Kierland Apartments for more details

As summer heats up, apartment properties offer outdoor fun

A bocce court is set up and awaiting players on a rooftop lounge of an apartment building

Located on Chicago’s North Shore, the Optima Verdana apartment community has rooftop bocce ball courts. Permission granted by Optima Inc.

As the Fourth of July holiday nears and temperatures soar across the country, apartment residents look for opportunities to stay cool while enjoying the outdoors.

To meet this demand, designers, owners and operators are expanding the possibilities of the exterior. These include making improvements to staples like the pool and lounge area, adding unique attractions, bringing traditionally indoor amenities outside or creating indoor-outdoor spaces that residents can enjoy year-round.

One major design choice facing properties that choose to incorporate a pool is where to put it — with the most common choices being in a central courtyard or on a rooftop deck.

An outdoor waterfront lounge on an urban apartment property
Designed by HLW, the Beach apartments from Newport Rentals in Jersey City, New Jersey, offer an extensive waterfront green space with multiple seating areas and landscaping.
Permission granted by HLW

“When designing an outdoor pool, a developer needs to consider the accessibility of the pool, what the view will be and the ambiance of the site,” Diana Pittro, executive vice president at Chicago-based RMK Management Corp., told Multifamily Dive

Edward Stand, principal and director of quality management at New York City-based design firm HLW, notes that a property’s pool placement can depend on the demographics of its tenants and the intended purpose of the pool.

“If an owner is angling for families, amenities will be tailored toward children,” Stand said. “If the building is 20-plus stories high, parents might not want their children throwing a beach ball around on the roof.”

Fun and games

Active programming that promotes social interaction through entertainment and gaming options — such as bocce, cornhole, volleyball and movie nights on a lawn or rooftop space — continue to be very popular during the summertime, according to Mary Cook, founder and president of Chicago-based design firm Mary Cook Associates.

A clay running track on the rooftop of an urban apartment building
Outdoor amenities at Optima Kierland in Scottsdale, Arizona, include a rooftop running track.
Permission granted by Optima Inc.

Those activities could be paired with opportunities to kick back and relax. For instance, an upcoming $100 million apartment complex on Purdue University’s Fort Wayne, Indiana, campus, developed in a public-private partnership with Providence, Rhode Island-based builder and developer Gilbane, is set to start construction in October and open by June 2026. In addition to green spaces, grilling stations, fire pits and sand volleyball and basketball courts, the property’s 600 future residents will also have access to a “hammock farm” for outdoor relaxation.

For serious workouts, one of the most popular new amenity moves is the extension of the indoor fitness center into an outdoor space, often taking the form of a multipurpose lawn specifically for exercise. “We’re seeing fitness centers with dedicated outdoor space — gym equipment and turf areas on covered outdoor terraces,” Alan Barker, principal and residential market leader at Chicago-based design firm Lamar Johnson Collaborative, told Multifamily Dive.

 

Read more on Multifamily Dive

Visit Optima Verdana and Optima Kierland Apartments for more details

Optima Enhances Virtual Sales Model, Tops Off Construction of Luxury Residential Tower

In these unique times, multifamily development firm Optima is debuting an enhanced virtual sales experience at 7180 Optima Kierland to accommodate prospective buyers in advance of the luxury residential community’s summer opening.

The 12-story tower has topped off construction and just last month surpassed 65 percent sold. Now, to respect necessary social distancing, Optima has upgraded its online buying experience, which the company first introduced more than three years ago, to allow for a more comprehensive and interactive platform for buyers. While stay-at-home restrictions limit prospective buyers from house hunting in the traditional sense, Optima is ensuring that the tools are in place to support those who are in need of a future home.

“More than 50 percent of our buyers are from out-of-state, so virtual communication is the preferred method regardless of the ability to physically visit our onsite sales gallery,” said Crel Vogel, sales manager at 7180 Optima Kierland. “We’re still seeing buyers purchase a home with us as they look to the future and identify Optima Kierland as an incredible opportunity. These buyers and prospects have confidence in the Optima brand and are familiar with the high-quality that Optima consistently has delivered at its other developments.”

In the past several weeks, Optima has sold three homes, all from out-of-state buyers using the virtual platform.

“As we surpass this key construction milestone that signifies our final phase of development, we are adjusting and adapting our sales model in order to help future residents address their housing needs while also taking the necessary precautions to ensure everyone stays well in the process,” said David Hovey Jr., AIA, president and principal architect of Optima. “7180 Optima Kierland embodies a fresh take on Optima’s signature design featuring spacious private terraces that accentuate the tower’s distinctive architecture, a wide range of floor plans and an exciting array of amenities and services for a hassle-free lifestyle.”

Priced from the $500Ks to over $2 million, 7180 Optima Kierland is comprised of 202 thoughtfully designed, one-, two- and three-bedroom homes, plus a collection of premium penthouses perched atop the highest floor. The tower features a collection of unparalleled amenities both on the ground floor and rooftop Skydeck including Arizona’s first residential rooftop running track, a heated lap pool, a full outdoor bar and kitchen with entertaining spaces, indoor and outdoor theaters, a state-of-the-art fitness center, an indoor basketball/pickleball and squash courts, and more.

Homeowners will enjoy walking to high-end shopping and dining at Kierland Commons and Scottsdale Quarter and an array of nearby golf courses. The building is designed to float above grade level with nearly six acres of landscaped open space that create a park-like setting for the community. Optima Kierland’s award-winning residential buildings, designed by David Hovey Jr., have been recognized for the company’s commitment to design, sustainability and innovation.

For more information about 7180 Optima Kierland, to arrange a virtual tour or to schedule a private appointment, visit Optima-Kierland.com.

Here are the winners of AMA’s Tribute Awards

Each year, the Arizona Multihousing Association (AMA), the statewide trade association for the apartment industry, hosts its annual Tribute Awards program.

Arizona’s apartment industry annually generates 22,000 jobs, $699 million in wages and $3.8 billion in economic output. Events such as the Tribute Awards are important because they elevate the industry and create motivation for improvement for more than 2,300 AMA members.

The Tribute Awards are about more than one night of recognition – being a nominee, a finalist or award recipient creates new opportunities for mentorship, leadership development and pathways for promotion.

Due to the current climate, the 28th Annual AMA/Cox Communications Tribute Awards ceremony took place virtually on Aug. 21. A total of 660 nominations from 34 member companies participated. Volunteers donated 575 hours of their time to judge all the nominees.

“The Tribute Awards program creates more opportunity for young, diverse professionals and creates new pathways for this talent pool to be mentored and succeed,” said Courtney LeVinus, AMA President and CEO. “The program continues to recognize and develop ethical leaders that positively impact thousands of apartment community residents by strengthening and elevating rental housing properties across Arizona.”

The AMA’s nomination and interview process is one of the most rigorous in the industry.  AMA judges conduct an interview and nominees complete a questionnaire or aptitude test to keep the process impartial while learning more about each candidate. The playing field is level whether nominees are a large or small organization, in Maricopa County, or Tucson, or other counties around the state.

“It is truly an honor to be nominated for this prestigious award, and means your team feels you are an example that others should follow as they seek to become the best,” said Reid Butler, Tribute Awards Committee Chairman.

“The Tribute Awards annually recognize the best within our industry across Arizona. Tributes is one way the AMA ensures our industry is always improving, while empowering future leaders that will continue to uphold the highest standards,” LeVinus said. “I am proud to be a part of the AMA as we recognize these individuals for continuing to raise the bar each year.”

2020 Tribute Awards winners

Housekeeper: Roxanne Redfield, Greystar Real Estate Partners

Service Technician: Ildefonso Alejandro Salinas Duran, Camden Property Trust

Service Supervisor 1-199 Units: James Brancatelli, Quarterpenny Management Service

Supervisor 200+ Units: Carlos Silva, PEM Real Estate Group

Leasing Consultant: Isaac Davis, Bella Investment Group, LLC

Assistant Manager: Kimberly Frampton, BH Management Services

Community Manager 1-199 Units: Staci Zimmerman, Baron Property Services, LLC

Community Manager 200+ Units: Nicole Woodley, Baron Property Services, LLC

Property Supervisor: Sandra Giambanco, MEB Management Services

Regional Service Supervisor: Troy Carnicle, BH Management Services

Best Team & Community prior 2001: Denim Scottsdale Greystar Real Estate Partners, LLC

Best Team & Community 2001-2011: Encantada Queen Creek, HSL Asset Management, LLC

Best Team & Community 2012-2019: 7160 Optima Kierland, Optima Realty Inc.

Community Manager Outside the Valley: Hilda Lopez, Shelton Residential

Maintenance Supervisor OTV: Jose Mills, Quarterpenney Management

Best Team & Community OTV: The Colony, Greystar Real Estate Partners, LLC

Volunteer of the Year Tucson: Kimberly Barrow, MEB Management Services

Volunteer of the Year Statewide: Michelle Sinclair, Evergreen Devco, Inc.

Industry Partner Statewide: Mark Zinman, Zona Law Group

Industry Partner Tucson: Natalie Evans, Apartments.com

Corporate Employee of the Year: Luis Verger, Shelton Residential

Arizona Executive of the Year: Lesley Brice, MC Residential

Developers Award for Best Community Design, High Rise Style: The Link Phoenix, CA Ventures

Developers Award for Best Community Design, Garden Style: Riverwalk, MC Residential

Developers Award for Best Community Design, Mid/Low Rise Style: Arista at Ocotillo, P.B. Bell Companies

Renovated Community of the Year: The Wexler, Chamberlin & Associates

Affordable Community of the Year: Downtown Motor, MEB Management Services

Appreciation for 28 years as title sponsor: Cox Communications

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Maintenance Supervisor

Glencoe, IL





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