Porter Kyle broke ground on The Wayne, a $60-million multifamily Build-to-Rent (BTR) project in Chandler, Ariz. The 100-unit community is one of the only BTR townhome developments in Chandler. The project is Porter Kyle’s eighth BTR townhome community and is the firm’s second project in Chandler.
The Wayne is expected to be delivered in the Spring of 2026. The infill site is located at 1535 N. Dobson Rd., roughly 20 miles southeast of downtown Phoenix. The community will include one-, two- and three-bedroom rental homes featuring two-car direct-access garages and private backyards. Amenities will include a resident clubhouse with coworking spaces, private offices, a gym, swimming pool and outdoor kitchen. Additional community amenities include a dog park and a community trail system.
The units will range from 900 to nearly 1,500 square feet, and monthly rental rates will range between $2,100 and $3,000.
Source: https://azbigmedia.com/real-estate/ptk-spotlight-arizona-residential-developers-to-know-in-2026/