Northbend Apartments Celebrate Grand Opening in North Tempe!

Luxury community blends urban living with outdoor adventure, marking Milhaus' second Tempe development.

TEMPE, Ariz. (March 12, 2025) - Milhaus and Banyan Residential held a grand opening and ribbon-cutting ceremony for Northbend, a new 310-unit luxury apartment community in north Tempe. Tempe Economic Development Director, Mike DiDomenico and representatives from the Tempe Chamber of Commerce attended the event on March 12 at 906 N Miller Rd.

"Northbend represents our commitment to creating fun, innovative communities that enhance the local landscape," said Brad Vogelsmeier, Milhaus VP of Development. "We're thrilled to bring this unique concept to Tempe, offering residents a perfect blend of urban convenience and outdoor adventure."

As part of their commitment to Tempe, Milhaus donated $1,000 to the Tempe Community Action Agency (TCAA), which will support TCAA's efforts to improve lives in Tempe and demonstrate Northbend's dedication to being a positive influence in the community.

"The Phoenix market's rapid growth presents a tremendous opportunity to meet rising housing demand. Since 2019, we've developed or acquired over 2,500 units and 250,000 square feet of office space in this dynamic region," said Max Friedman, Partner at Banyan Residential. "We're eager to continue our expansion in the Phoenix metro area and strengthen our partnership with Milhaus, delivering high-quality communities like Northbend to meet the evolving needs of residents."

Northbend breathes new life into north Tempe's industrial district, transforming the area into a vibrant neighborhood. This aligns with Tempe's recent accolades as Arizona's most in-demand suburb, with a top six nationwide ranking. The city's appeal stems from its walkable downtown, thriving arts scene, and strong job market, making it an ideal location for this significant project.

Milhaus, a national award-winning developer, owner, and operator of Class-A multifamily properties, partnered with Banyan Residential, a private real estate investment firm specializing in ground-up development, to create this distinctive community. Northbend marks Milhaus' second community built in Tempe, following Nollie, with a third one set to open soon in Phoenix.

Blocks from Tempe Town Lake and approximately one and a half miles from Arizona State University's Tempe campus, the community appeals to students and adventure seekers alike. Its unique "Trading Post" allows residents to borrow kayaks, paddleboards, and camping gear, embracing an explorer lifestyle without the hassle of equipment investment or storage. The modern studio to four-bedroom apartments blend urban living with outdoor pursuits, creating an ideal home for those who crave city excitement and natural escapes.

Northbend offers residents luxury amenities, including a pool deck, grill stations, outdoor spa, commercial-grade fitness center, clubhouse with work and entertainment areas, an on-site library, and a dog park. Additionally, the property welcomes all dog breeds with no restrictions for renters.

Leasing is now available for Northbend Apartments. For more information or to schedule a tour, visit www.NorthbendTempe.com. 

About Milhaus

Milhaus is a national award-winning, vertically integrated multifamily developer, owner, and operator specializing in Class A residential assets. Headquartered in Indianapolis, Milhaus is comprised of inspired and industrious individuals who are passionate about the development of multifamily and mixed-use communities. We provide exceptional customer experiences and create solutions for neighborhoods that positively impact communities by providing unparalleled expertise in real estate, investment, development, construction, and management. Milhaus’ portfolio includes over 7,500 units across 26 properties as of December 2024 Assets Under Management stood at $2.0 billion. For more information, visit www.milhaus.com.

About Banyan Residential

Established in 2019 and headquartered in Los Angeles, Banyan Residential specializes in multifamily, office, and retail development in gateway markets across the United States. The firm currently manages a development pipeline exceeding $2 billion in value, comprising more than 4,500 residential units and 260,000 rentable square feet of office and retail space in select Arizona, Texas, Colorado, Nevada, and North Carolina markets.