Korman Communities, in partnership with RXR, has revealed its latest project in the Phoenix market. The Class AA residential high-rise, AVE Phoenix Sky, offers 254 residential units, 17,000 square feet of amenity space, and 4,350 square feet of retail space within 17 floors.
Like its mid-rise neighbor AVE Phoenix Terra that opened in March 2022, AVE Phoenix Sky has both flexible-stay furnished apartments and luxury apartment rentals.
“We are thrilled to open AVE Sky as the newest Class AA property to enter the downtown Phoenix market. This breathtaking high-rise offers residents amenities, finishes, and views that are unparalleled, and it’s the perfect complement to our existing mid-rise AVE Terra, just a block away,” says Bradley Korman, co-CEO of Korman Communities. “We value our partnership with RXR that has allowed us to target and develop the best properties in the best locations nationwide, with Phoenix being a core market for continued growth.”
AVE Phoenix Sky offers spacious studio to two-bedroom floor plans available in two color palettes featuring chic industrial and natural earth elements like exposed concrete ceilings or accent walls. Apartments boast kitchens with soft-close cabinetry and under-cabinet lighting, quartz countertops, tile backsplashes, deep sinks with gooseneck faucets, and stainless-steel Samsung kitchen appliances.
Units also feature floor-to-ceiling windows, vinyl plank flooring, Samsung washers and dryers, large walk-in closets, built-in TV wall mounts, luxury carpeting in bedrooms, bathrooms with oversized walk-in showers with glass doors and/or garden-style soaking tubs, and keyless entry.
“With AVE Sky now open in downtown Phoenix, RXR’s partnership with Korman Communities proves to be a win-win-win for RXR, Korman, and the greater Phoenix region,” says Joseph Graziose Jr., executive vice president of development services at RXR. “AVE Sky’s flexible living model with high-end finishes and premium amenities offers an ideal solution for the busy professional with prime location on Roosevelt Row and proximity to vital institutions and transit. We're excited to expand our footprint in Phoenix alongside Korman Communities, delivering upscale flexible living in vibrant urban centers.”
All residents have access to an outdoor sky deck with a resort pool, a hot tub, and grilling stations; a clubhouse with seating options and gaming; a resident social lounge with a fully equipped, chef-inspired kitchen and dining areas; a flex workspace with high-speed Wi-Fi; a courtyard; a hot beverage bar with dining area and TVs; a 24/7, industrial-inspired fitness center; a dog wash spa; EV charging stations, bike storage; and a gated, covered, direct-access parking garage.
“At AVE, our mission is to help our residents live better, and we do so by focusing on delivering and innovating quality, flexibility, service, and community,” says Lea Anne Welsh, president of AVE and chief operating offficer of Korman Communities. “Our fully furnished apartments provide a comfortable living solution for anyone who needs flexibility due to a work relocation, extended business trip, seasonal travel, or lifestyle change. For those who desire carefree apartment living year-round, we have a variety of luxury apartment floor plans with premium amenities. Our friendly, professional service team is on site seven days a week to provide a quality living experience and a sense of community through concierge support, events, and partnerships.”
The retail space includes 3,770 square feet for a future restaurant and 580 square feet to be utilized as a studio for local artists.
