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.
February 18, 2026