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May, 2005

Starpointe Breaks Ground in North Phoenix

11 acres to become Aderra Condominium Residences—Arizona's largest condominium developer broke ground this week on its 312- unit upscale condominium community in North Phoenix.

Located on the southwest corner of Tatum Blvd. and Paradise Village Parkway South, Aderra will offer spacious one, two and three bedroom options ranging from 800 to almost 1,300 square feet. Homes will feature impressive 10' ceilings, fireplaces, granite slab kitchen countertops and open floor plans. Amenities will include a designer clubhouse, pool, spa, and state-of-the-art fitness center. Aderra also features secured underground parking with elevator access.

Aderra Condominium Residences borders Stonecreek Golf Course and is just blocks away from Paradise Valley Mall. With its extraordinary location, residents will enjoy being close to dining, shopping, business and recreation. Best of all, many residents will have spectacular views of the golf course, Camelback Mountain and Piestewa Peak.

Clearing of the site, including salvaging indigenous trees, began in April, followed by earth moving starting this week. The underground parking structure will be the first phase of construction with completion of the first homes slated for Fall 2006.

Sales on the first phase of the community are expected to begin this summer, with the remaining two phases selling this Fall and Spring of next year. Prices will begin in the $190's.

Scottsdale based Starpointe Communities has a eight year history of providing exceptional value and quality to homeowners throughout the valley with over 1600 homes built and 800 in the planning stages. To learn more about Starpointe, visit www.starpointeproperties.com.

Media Contact:
Lynlee Sullivan
(480) 609-6779
Lynlee.sullivan@starpointeproperties.com

This information was current at the time it was published.

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