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February 18, 2026
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AVE Enters Greater Phoenix Market with AVE Phoenix Terra
AVE is excited to bring its best-in-class multifamily apartment living experience and flexible-stay, housing solution to the Greater Phoenix Area with AVE Phoenix Terra!
AVE Editorial Team
March 22, 2022
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2 min read
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This brand new, 348-unit, seven-story residential community offering luxury apartments for rent and flexible-stay fully furnished apartments, is centrally located in Downtown Phoenix and convenient to everything in the region – just 10 minutes from Phoenix Sky Harbor International Airport and 5 minutes from the Light Rail with stops in Downtown Phoenix, Tempe, and Mesa.
AVE Phoenix Terra is AVE’s first professionally managed property in the Phoenix Metropolitan Area.
“The Phoenix market is attractive to many people right now due to employment opportunities, lower cost-of-living, and warmer weather,” says Lea Anne Welsh, COO of Korman Communities and president of AVE. “Due to this influx of transplants in Greater Phoenix, there is a real need for flexible living options. Whether you need something temporary month-to-month or something more permanent, we’ve got you covered.”
AVE Phoenix Terra features a variety of apartment floorplans ranging from studio to three-bedroom featuring contemporary amenities including chef-inspired kitchens in two color palettes, speckled quartz countertops, tile backsplashes, stainless steel GE appliances, abundant closet space featuring walk-ins with custom shelving, hardwood-inspired flooring, large, walk-in showers with glass doors, garden-style soaking tubs, and a Smart washer/dryer in residence. Select apartments feature built-in wine refrigerators and private patios/balconies.
AVE Phoenix Terra is close to major employers in the area such as Amazon, Bank of America, Banner Health, Carvana, General Dynamics, Honeywell, Nestle, and Wells Fargo.
“Our fully furnished apartments are a comfortable, temporary living solution for companies who need corporate housing for their employees and transferees for 30 days or more. We also partner with Realtors to support their clients with a flexible place to live when they’re renovating their home or in between homes.”
AVE also will bring its best-in-class multifamily apartment living experience, which is designed to deliver the ultimate carefree lifestyle and a strong sense of community.
All residents at AVE Phoenix Terra will enjoy complimentary access to nearly 60,000 square feet of unprecedented, on-demand amenities featuring a resort, palm-tree lined sundeck with a sparkling pool, loungers, and relaxing hot tub, two large courtyards featuring grilling stations, a tranquility fountain, lounge seating, a putting green, and outdoor gaming, an expansive, wraparound patio offering indoor-outdoor bar seating, a fire pit lounge, and spectacular city, valley, and mountain views, a 24/7 multi-zone fitness center featuring cardio, strength, and spin with indoor/outdoor access, a business center with flex workspace and reservable conference room and private work suites, secure, personal, Gigabit WiFi that travels with residents throughout the community, a fully equipped dog wash station, a beverage bar with freshly brewed, bean-to-cup coffee machine and Kombucha station, a resident social lounge with fully equipped, chef-inspired kitchen and dining area, and a mixology lounge with Speakeasy. AVE’s professional Resident Services team is on site seven days a week to assist with day-to-day living needs.
“We want to ensure our residents are comfortable and feel taken care of,” says Welsh. “Our experienced, friendly team is on site every day to provide a quality living experience and a sense of community through concierge support, events, and partnerships.”
AVE Phoenix Terra also boasts 7,000-square-feet of retail space, with the goal to bring two exciting dining concepts to the neighborhood and ultimately offer more convenience amenities for residents.
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