Where are the apartments for average renters in Phoenix? One developer has multiple projects
Greenlight Communities, based in Scottsdale, is a leader in building workforce housing without government subsidies, providing units for about $1,000 a month—far less than the Valley’s average rent of $1,614. This serves employees in fields like healthcare, retail, education, construction and hospitality. Greenlight keeps construction costs low by owning its own general contracting and civil engineering divisions and by creating designs that are efficient and easy to replicate, with few frills. One of the company’s main challenges is finding land on which to build because so much of the Valley is zoned for single-family homes. Only 5 percent of residential plots are zoned for multifamily, making it necessary for developers to seek changes—a difficult and costly process.
