Wilf Family Planned 504-Unit Phoenix Apartment Complex
The owners of the Minnesota Vikings plan to build a new residential property on a 41-acre site in North Phoenix.
Updated on Sept. 23, 2026 in Apartments
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The Wilf family, through their real estate company Garden Communities, has revealed plans to construct a 504-unit apartment complex in Phoenix. The development is set for a 41-acre property located at 5150 East Deer Valley Drive.
Why it matters
The project follows a significant land acquisition at a state auction, positioning the developers in a key commercial corridor between a major retail hub and a resort. It marks a new addition to the active residential pipeline in the Phoenix metropolitan area.
Garden Communities purchased the 41-acre site for $44.1 million, or approximately $1.1 million per acre. This project joins a regional market that saw 3,221 apartment units completed during the second quarter of 2026.
The players
Garden Communities
This is the real estate development firm owned by the Wilf family that acquired the land for the new apartment project.
The Wilf family
This family owns the Minnesota Vikings and manages extensive real estate holdings through their development company.
Blandford Homes
This developer recently completed a massive $180 million land purchase in the same North Phoenix vicinity.
The details
The site is situated between Desert Ridge Marketplace and the J.W. Marriott Phoenix Desert Ridge Resort and Spa. The development builds upon land use permissions established by the Desert Ridge Master Plan, which was originally approved in 1993.
Timeline
The Desert Ridge Master Plan was approved in 1993.
Garden Communities purchased the 41-acre property in 2022.
Blandford Homes purchased 293.5 acres of nearby state land in April 2026.
Greater Phoenix saw 3,221 apartment units completed in the second quarter of 2026.
Roadmap
This project underscores the ongoing expansion of high-density residential housing in North Phoenix near established master-planned developments. It reflects a wider industry trend where developers leverage legacy land-use plans to capitalize on prime suburban real estate.
Local residents and potential renters can expect increased housing supply in the Desert Ridge area as the 504-unit project moves toward development. The proximity to regional retail and resort anchors may influence rental demand and neighborhood traffic patterns.
The takeaway
The addition of over 500 units contributes to the regional residential pipeline amid thousands of other ongoing completions. Potential residents should monitor local development hearings for updates on leasing timelines and unit availability.
Further reading
For more information on housing growth, view the latest Apartments updates in Phoenix.
Source note: This article includes information reported by The Real Deal New York.
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