Pictured: A rendering of the luxury "Residences at the Sundial Circle," the Carefree Town Council approved earlier this month. Photo courtesy of the Town of Carefree
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Luxury residences proposed for downtown Carefree near the Sundial

03/28/18

CAREFREE – On March 6, the Carefree Town Council approved a new proposed luxury condominium development, the “Residences at Sundial Circle” to be located along Easy Street on the vacant land between the Sundial and the Post Office building.

The project is in concert with the development approved for this property in 2006, with the exception that additional condominium units will replace the spaces designated for retail businesses on the first floor.

“We are delighted to see continuing investment interest in the downtown Carefree area, and that the market remains strong for these type of development projects,” said Mayor Les Peterson.

Proposed by Azil Development and contingent upon the finalization of the financing in progress, the architectural design for the building is committed to showcasing the Sundial and adding to the ambiance of the downtown area. The luxury building would contain 50 condominium units with high end finishes, offering two to three bedrooms, at an average size of 3,000 square feet and with each residential unit having its own parking.

“Many residents have expressed their desire to ‘downsize’ from their current residences in the Desert Foothills, and this project promises to fulfill the desires expressed by many of them,” he said. “The proposal compliments the area, and the developer is committed to a quality project.”

Prices will range from below $1 million to $1.3 million. The building will focus upon the historic Sundial and feature a walk under waterfall feature at the entrance to the lobby that is similar to the waterfall in the Carefree Desert Gardens. Each unit will feature a spacious covered outdoor living area, offering residents privacy and views of either downtown or the surrounding mountains. Private parking will be underground, with additional some parking spaces available to residents.

“People attract people, and we need sustainable activity in the downtown area to continue the revitalization of the entire area, including enhancing the shopping experience and restaurant visitations,” said the Mayor about the benefits the residences would have for the community.

If this project sounds familiar, it’s because last fall Azil Development had proposed luxury apartments on another property just south of the current proposal but was scrapped due to the apartment market going flat.

The next steps will be for the Development Review Board to a review the exterior architectural plans, followed by a review by the town council. For more information visit Carefree.org or contact the Carefree Town Hall at 480-488-3686.