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Greenlight Communities, Arizona’s leading developer of attainable workforce rental housing, in a joint venture with PGIM’s real estate business, has closed on a land purchase for its newest community, Cabana Mesa Drive, located at 515 N. Mesa Drive in Mesa.

PHOENIX — One of Arizona’ s leading housing developers recently purchased land in Mesa for a rental community called Cabana Mesa Drive, which is scheduled to begin construction this month. Greenlight Communities bought the six acres of land, which is located at 515 N. Mesa Drive, with the help of global asset manager PGIM.

Greenlight Communities, Arizona’s trailblazing developer of attainable rental housing, together with partner Holualoa Companies, is set to break ground on its first Tempe community, Cabana Kyrene. Cabana Kyrene introduces 229 new rental homes, comprising 90 studio apartments, 93 one-bedroom units, and 46 two-bedroom units, according to a press release.

Villa Cielo Cortaro, a recently built apartment development themed for resident interaction in the Casas Adobes community in Arizona, has received a 2025 CoStar Impact Award for the multifamily development of the year for Tucson.

PHOENIX — Construction of a new affordable rental community in Tempe is officially underway. City officials and developers related to the project broke ground on Thursday. Cabana Kyrene, a community located at 515 W. Guadalupe Road in Tempe, will bring 229 rental housing units at the southwest corner of Guadalupe and Kyrene roads.

A development that will bring more than 900 apartment units and commercial space to a 46-acre site in Buckeye will move ahead after gaining approval from the City Council on March 18.

Greenlight Communities and Holualoa Cos. are breaking ground this week on Cabana Kyrene, a 229-unit workforce housing project in Tempe, Ariz. It is Greenlight’s first development in Tempe and the first workforce multifamily property in the South Tempe area.

Arizona developer Greenlight Communities, with its partner Holualoa Companies, is set to break ground on its first Tempe community, Cabana Kyrene on March 20 at 9 a.m.

Scottsdale-based workforce housing provider Greenlight Communities donated over $50,000 to various nonprofits and philanthropic efforts in 2024 through its Greenlight Gives campaign, breaking its own annual record.

Greenlight Communities, a company providing privately funded affordable rental housing, completed a busy 2024. The company constructed 696 new rental units and surpassed its previous benchmarks for community giving, donating more than $50,000 to charitable organizations in Arizona communities.