Developer P.B. Bell is close to completing a year’s upgrades and renovations at Alcove at The Islands in Gilbert.
P.B. Bell purchased the lakeside apartment community, at 1300 W. Warner Road, in October, 2015. The Scottsdale-based company expects to invest about $3 million in upgrades and renovations to the interior residences and common-area amenities. Common-area amenity renovations are approximately 90 percent complete, while the interior renovations will be ongoing.
“The improvements we’ve made at Alcove are dramatic,” said R. Chapin Bell, P.B. Bell’s CEO. “From the clubhouse to the fitness center to the individual residences, the upgrades truly update the appearance and inject new life into this beautiful lakeside community.”
Alcove at The Islands is tucked inside The Islands, a master-planned community. With waterfront home sites and lakeside picnic areas, the community offers an unexpected coastal feel in the heart of the desert. Alcove at The Islands includes two resort-style pools and a clubhouse, and units feature vaulted ceilings, wood-burning fireplaces and, in some cases, lake views.
The clubhouse received a notable makeover with the addition of contemporary furniture, modern fixtures, flat-screen TVs, flooring and paint.
P.B. Bell expanded the fitness center, doubling it, and added new flooring, paint and equipment while incorporating a new view of the lake. Updated patio furniture has been positioned at the clubhouse and around the pool area, and new grills have been installed throughout the community.
Interior improvements to the community’s 272 residences are ongoing, and include vinyl and carpet flooring, baseboards to kitchen and bathroom areas, premium countertops, paint, upgraded fixtures, updated kitchen appliances and new sinks.
The Islands, a sprawling community with 80 acres of lakes, includes more than 2,600 single-family homes in addition to the Alcove at The Islands apartment community.
The lakes in the community are stocked with fish, and catch-and-release fishing is allowed with a permit. The greater Islands community includes a community dock and facility rental, playground, shaded ramadas and exercise track.
P.B. Bell manages more than 9,000 apartment homes, and has developed nearly 5,000 apartment units in 27 communities, many of which are award winning. Founded by Philip Bell in 1976, P.B. Bell specializes in development, acquisitions and residential-property management for the multifamily housing industry.