Developer to begin third phase of The Cays at Ocotillo SanTan Sun News

Developer to begin third phase of The Cays at Ocotillo

August 23rd, 2018 | by SanTan Sun News
Developer to begin third phase of The Cays at Ocotillo
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SANTAN SUN NEWS STAFF

 

The Statesman Group is preparing to launch the third phase of construction this fall at The Cays at Downtown Ocotillo, a $90 million luxury condominium community.

The new phase will include the third of four buildings featuring 64 one- and two-bedroom condominiums and top-floor penthouses ranging in size from 862 to 1,512 square feet and priced from the mid-$300,000s.

“A VIP interest list is now being generated with sales to launch this fall,” the Statesman Group said in a release. Completion is expected in early 2020.

When The Cays opened in June 2015, it was the only for-sale condo community of its kind in the East Valley with resort-style amenities and direct access to the restaurants, wine bars, a coffee shop and retailers in Downtown Ocotillo.

Now, Statesman has sold more than 128 homes, with just 17 remaining in the second phase.

“We are expecting a quick sellout of the remaining homes here at The Cays and we’re looking to carry that momentum into the next phase, especially since pricing will increase in the coming weeks,” said Alana Mann, president and owner. “With the expansion of the surrounding Downtown Ocotillo neighborhood, homeowners at The Cays will have a whole new level of dining, shopping and services right in their backyard, while still being just a three-minute drive to the booming Price Corridor. You just can’t beat the location, the access and the amenities.”

Homes at The Cays feature distinctive interiors with designer-selected finishes, large master bedrooms, split floorplans for privacy, spacious walk-in closets, ceramic tile flooring throughout and cabinetry with a choice of finishes.

With upgraded stainless steel appliances and expansive patios, each home will come equipped with smart technology and fiber-optic high-speed internet that will be eight times faster than the service supplied by most cable providers, the developer said.

“Residents also have access to an expansive offering of resort-style amenities at The Cays, including a 9,500-square-foot clubhouse that features a gourmet community kitchen, two-sided fireplace, a media center and social lounge, yoga studio, billiards and shuffleboard located at the heart of the property,” the Statesman Group said.

Other amenities include an 1,800-square-foot fitness center with locker rooms and private steam showers, heated swimming pool surrounded by private cabanas, an outdoor kitchen with gas BBQs and a bar, fireplaces and lush landscaping. To register for the VIP interest list or for more information: TheCaysatOcotillo.com or 480-248-3737.

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