Green developer bringing projects to Scottsdale, Tempe
Ed Gorman’s Modus Development is bring three environmentally friendly projects to Scottsdale and Tempe this year.
Gorman previously developed the first net zero energy apartments in Scottsdale and has specialized in urban infill projects.
Gorman’s 2017 plans include townhouses in Scottsdale, an urban development in Tempe and net zero energy townhouses in Scottsdale.
That project is called MZ Townhomes.
Net zero energy developments have solar panels, energy efficiencies and other aspects that offset energy consumption at the same property.
Modus and Viridis Group developed the Equinox Apartments in 2016. It has 1,100 solar panels.
Gorman’s Modus will break ground this quarter on a 20-unit net zero energy townhouse development called the Eclipse.
It’s located on 1.4 acres at Granite Reef and McDowell roads.
Price will start at $399,000 for townhouses ranging between 1,811 and 2,065 square feet.
Gorman is also starting construction on a 32-unit development in Tempe call The Roosevelt. It is near Mill Avenue. Units will be 1,800 square feet.
The third project is near Camelback and Scottsdale roads.
It is the second phase of the MZ Townhomes and total 11 units.
“Accomplishing net zero energy living in multi-family housing was something many didn’t think was possible, and we figured out how to accomplish it with little to no added cost while also obtaining higher rent and sales prices,” said founder of MODUS Development Ed Gorman. “Now, having the formula, and with eco-friendly building soon becoming a requirement in some states – California, for example, will require community residences be net zero by 2020 – it is my goal to help create a more earth-friendly and budget-friendly way to live without sacrificing style and comfort.”
This article first appeared in the Phoenix Business Journal, click for more.