Boulder Oro Valley (Ross Rulney and Malcom Berman, managers) sold a one acre finished pad at The Canyons for $950,000 ($22 PSF) to FFG Development of Utah for a 4,050-square-foot Kneader's Bakery & Cafe. Located in the new The Canyons Retail, a 40,000-square-foot retail property at 9600 N Oracle Raod, adjacent to the new Canyons at Linda Vista Trail Apartments at 9750 N Oracle Road in Oro Valley, also owned and developed by Boulder Oro Valley.
Nestled at the base of the Pusch Ridge Mountain, this upscale lifestyle apartment community will offer 228 luxury apartment units that will be 37% one-bedrooms, 50% two-bedrooms and 13% three-bedroom units. The Canyons at Linda Vista Trail features all stainless steel appliances, wood flooring with plush designer carpet in the bedrooms, and full-size front load washer & dryer. The community has a resort-style pool & spa, state-of-the-art fitness center, resident activity center, business center / lounge area, hiking trails, pet park, tennis and golf. Located close to shopping & restaurants and in the Oro Valley School District.
Canyons at Linda Vista Trail Apartment Community is scheduled to open by April. The Canyons Retail should follow shortly and is just taking form, with Kneader's the first commitment and other serious interest being shown by several grocery stores and others.
The site was formerly known as El Corredor that was at one time split and sold for a hotel site. Boulder Oro Valley reassembled the 20-acre site for this intended multifamily and retail / office mixed use development at the northeast corner of Oracle and Linda Vista, along major trade route, Oracle Road in fast growing Oro Valley.
The apartments will be self-managed by Madera Management. Readers can learn more by visiting www.LivingAtTheCanyons.com or by calling 520.812.7887.
The Canyons retail is being represented by Debbie Heslop with Volk Company in Tucson. Heslop should be reached at 520.326.3200.
Greg Furrier of Cushman & Wakefield Picor of Tucson represented the seller in the sale to Kneaders and can be contacted at 520.546.2735.
To learn more, see RED Comp #3566.