Missouri-based developers Mia Rose Holdings have announced the construction of the company’s third multi-family community in Northwest Arkansas. The $55 million project, known as ‘The Junction of Scottsdale,’ will feature 140 one-bedroom units and 86 two-bedroom units in seven three-story buildings and a clubhouse, covering 9.6 acres of land.
The community is located adjacent to the Scottsdale Center mall at the intersection of North 40th and West Olive Streets in Rogers. Mia Rose Holdings has already developed similar multi-family housing units in Springdale and Lowell, with this project marking the company’s third development in the region.
Tom Kaiman, founder of Mia Rose Holdings, said the company’s ’49 Growth Plan’ aims to develop multi-family sites along Northwest Arkansas’ I-49 corridor.
Each unit at The Junction of Scottsdale will feature full-size washers and dryers, energy-efficient kitchen appliances, 9-foot ceilings, vinyl wood plank floors, quartz countertops, and premium soft-close cabinets. The “live, work, play” community will also offer a “resort-inspired” pool, two fitness centers, a technology lounge/business center, covered parking, and green space gathering areas.
Asset Living has been chosen to manage the property, while the financing was provided by First National Bank of Fort Smith. Rosemann & Associates serves as the architect, Thomas Construction as the general contractor, The Engenuity, Inc. as MEP engineering, and Crafton Tull as civil engineering.