On the north side of Phoenix, nestled within an enclave of foothills called the Phoenix Mountain Preserve and the North Mountain Preserve, 10444 N Cave Creek Road is a unique and inherently attractive site for multifamily development named Valle View at the Pointe. The mountain preserves offer residents many parks, trails, and other amenities to explore. The site sits high enough to provide panoramic views of the mountains, the Valley, and Downtown Phoenix that anchor the iconic Pointe Hilton Tapatio Cliffs Resort. Allante took notice of this site in 2017, but it was not yet ripe for development. Following the economic growth during the last market cycle, this is one of only a few sites with proper zoning already in place (and in progress) for multifamily development. Rezoning a portion of the assemblage from commercial to R-5 will yield 240 units in a four-story format wrapped around structured parking. The potential for more units depends upon bonus density, granted for specific development criteria. Allante has assembled a high-quality development team, including rezoning legal counsel, neighborhood relations consultants, general contractors, architects, engineers, and other professionals. Rezoning and early phase development planning is in progress. Given the explosive demand growth for apartments in the Phoenix Valley, there is a corresponding, unsatisfied demand for land with multifamily zoning. The proposed development, Valle View at the Pointe, offers inherently desirable natural amenities of mountain parks, pet-friendly walking/hiking trails, and convenient access to highways and retail. Common area amenities and upper-level units will boast some of the best views in the Phoenix Valley.