Cabana on Thomas

Cabana on Thomas

Phoenix, Arizona

Deco Communities purchased a 1960’s apartment complex in an “A” location and wanted to breathe new life back into this once desirable place to live.  Scope included a comprehensive property repositioning plan inclusive of exterior paint schemes, signage, graphic and cultural brand elements.  Public spaces included: leasing office, leasing displays, club house, models, branded laundries, fitness center, as well as, exterior commons spaces, and signature cabanas.  The challenges were to transform the property on a minimal budget and reuse as much of the existing architecture as possible.

The overall vision of the property was strongly influenced by international fashion trends, national art and design, with a focus on the local community.  The designers pulled in unique vintage pieces from neighborhood stores, one of a kind art, and hired a local artist to create exterior murals as public art.  The combination of each of these elements resulted in the unique look.

3rd property repositioned under the Cabana brand for Deco Communities

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Developer: Deco Communities

Purchased: $ 23,649 per unit, in April 2012

Rehab Budget: $ 6 million

Sold: $ 63,743 per unit, in May 2015

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Recognition:

1st Place, Adaptive Use, ASID- American Society of Interior Designers

Arizona State University’s Masters of Real Estate Development has selected Cabana on Thomas as an exemplar of a successful adaptive reuse project.

KJZZ 91.5 FM, Special Feature Segment, “Breaking Up with Beige, Trend Report”

KTAR News 92.3 FM, Special Feature Segment, “Breaking Up with Beige, Trend Report”

AZ Big Media, “Cabana on Thomas Wins Top Design Award from ASID”

Phoenix Business Journal, “Real Estate: Deco Communities buys, Rehabs Two Properties”

AZ Central, How Old Apartments are getting New Life in Central Phoenix