The rush of commercial real estate development has truly become a statewide phenomenon, and the 2020 Real Estate Development (RED) Awards reflect just how widespread the activity has been in Arizona.

From the more than 110 project nominations received this year, 17 were for projects away from the Valley. Projects in Tucson, Marana and Flagstaff can be found in the list of finalists, showing clearly that good work is being done all over the state.

This year’s projects were some of the most impactful developments the state has seen in the 2000s, which made narrowing them down to three finalists and, ultimately, only one winner very difficult.

Multifamily Project of the Year

Optima Sonoran Village

Owner: Optima Inc.

Developer: Optima DCH Development, Inc.

General Contractor: Optima Construction, Inc.

Project Manager: Optima DCH Development, Inc.

Architect: David Hovey & Associates Architect, Inc.

Subcontractors: Suntec Concrete, Aspen Construction, Inc., Jen Electric, RKS Plumbing & Mechanical, S Diamond Steel