PLYMOUTH MEETING, PA — AVE, the residential real estate brand of Korman Communities, in partnership with RXR, has officially opened AVE Paradise Valley, a state-of-the-art residential community located at the reimagined Paradise Valley Mall site in Arizona. The mid-rise property, offering 400 apartments, is the first residential component within the vibrant mixed-use development.
“AVE Paradise Valley brings a completely unparalleled living experience to Arizona’s newest, most desirable district – featuring resort-style amenities and high-touch service,” said Lea Anne Welsh, President of AVE and COO of Korman Communities. “Centrally located in PV, residents enjoy immediate access to an on-site Whole Foods plus tons of dynamic shopping, dining and entertainment options.” This marks AVE’s third community in the region, joining AVE Phoenix Terra and AVE Phoenix Sky.
Resort-Style Amenities
AVE Paradise Valley boasts 36,200 square feet of indoor and outdoor amenity space, including a resort-style swimming pool, an on-site full-service bar, a state-of-the-art fitness center, and a pet parlor with spa and lounge. Additional features include electric vehicle charging stations, multiple outdoor courtyards with firepits, and three acres of landscaped pathways connecting residents to nearby shopping and dining. On-site neighbors include Whole Foods, Sephora, and a variety of popular dining options such as Blanco Reserve Cocina + Cantina.
Luxury Living Options
The community offers a mix of traditional and fully furnished apartments with studio, one-, two-, and three-bedroom layouts. Monthly rents range from $1,664 for studios to $5,327 for three-bedroom units. Designed by Nelsen Partners and Streetlights Creative Studio, apartments feature 10-foot ceilings, GE stainless steel appliances, quartz or granite countertops, and spa-inspired bathrooms. Private patios or balconies provide additional comfort and convenience.
Prime Location
Located just 10 minutes from Scottsdale Airpark and 25 minutes from Phoenix Sky Harbor International Airport, the property offers unparalleled access to golf courses, hiking, arts, dining, and sports, all within a 30-minute radius by car.
“We are thrilled to open our third signature project in the Phoenix market with our partners at AVE, furthering our shared commitment to delivering a best-in-class, fulfilling residential experience,” stated Whitney Arcaro, Chief Revenue Officer, Residential, at RXR.
AVE Paradise Valley is now open for leasing, welcoming new residents to experience the latest in luxury living at Arizona’s premier destination.
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