SURPRISE, AZ-NDC Capital Partners LLC and PB Bell Cos. of Scottsdale, AZ, are joining forces once again in Greater Phoenix. The partnership is getting ready to break ground on the 302-unit Asante Apartments.

The complex will be located in Asante, a $1-billion community currently under development. The development site is situated along Grand Avenue, about one-quarter mile from Loop 303.

According to a press release, the joint venture is seeing enough population growth and demand for luxury apartments to move forward on the project. The development team also says ongoing corporate relocations and expansions will help to ensure continued in-migration and drive occupancy. Calls to New York City-based NDC Capital Partners were not returned by press time.

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