Mosaic completes first units at Town Germann in Gilbert, Arizona
GILBERT, AZ (March 24, 2023) – Mosaic, the nation’s leading institutional-grade general contractor, is nearing completion of the first homes at Town Germann, a 209-unit community by Family Development, a California-based build-to-rent developer. Family Development has begun pre-leasing the first of the luxury townhomes for imminent occupancy, beginning in the spring of 2023.
Family Development and Mosaic joined forces in late 2022 to expedite high-quality development of the build-to-rent community as the Phoenix metro area continues to experience explosive population growth. Town Germann provides needed homes and a superior rental experience for families and individuals.
“Build-to-rent communities are not only addressing the housing availability gap in Arizona, but they also address a rising demand for mid- and upper-level rentals,” said Ron Gonski, SVP of Growth at Mosaic. “Town Germann exemplifies what’s possible for a new generation of discerning renters.”
“Town Germann offers a community that feels like a 5-star resort for a generation of residents who care deeply about their living experience, but either do not want to be homeowners or have been priced out of the current for-sale market,” added Vince Barbato, Principal of Family Development. “Mosaic has done a superior job preparing the initial phase of units for our first tenants and is moving quickly to complete this state-of-the-art community, which sets a high standard for build-to-rent in the region.”
Located just west of the intersection of Lindsay Road and Germann Road in Gilbert, AZ, Town Germann offers a first-class living experience in luxury townhomes with open floor plans, two- and three-bedroom options, and attached two-car garages. Units range between 1,192 to 1,379 square feet. Tenants will have access to a plethora of amenities, such as a central resort pool and spa, barbecue area, fitness center, large central park, ramada, dog park, multiple pocket parks, and walking trails.
For more information on leasing at Town Germann, visit Family Development online: https://www.familydevelopmenthomes.com/for-lease/connected-communities/gilbert-az/
About Mosaic
Mosaic is a national general contractor creating Build-to-Rent communities for America’s most innovative developers. The company’s turn-key general contracting services extend from pre-development through horizontal and vertical construction, to warranty. Mosaic’s digital platform for homebuilding standardizes every step of the company’s services, and has enabled the company to rapidly scale into the nation’s fastest growing markets.
Mosaic’s 150+ construction and technology experts bring operational experience from nearly 100 communities and 20,000 BTR units. The company has expanded from Arizona to high-growth regional markets in Colorado, Texas, Idaho, California, Utah and Florida. Learn more about building with Mosaic at www.mosaic.us.
About Family Development
Since its formation in 2003, Family Development has earned an excellent reputation as being a preferred home builder in California, Arizona and Texas. As a private homebuilder, Family Development specializes in building communities that are heavily influenced by the highest design standards. These high standards have allowed Family Development to build some of the most coveted communities in their markets. When entering the build-to-rent arena in 2017, Family Development knew that just like people who purchase, people who rent, especially renters-by-choice, also have a great appreciation for superior design. This led them to develop several build-to-rent brands that exceed the design quality of most of today’s rental options. In addition to Town Germann, Family Development has communities being built in Scottsdale, Phoenix, Surprise, Arizona; Palm Desert, California and Arlington, Texas.
