Toll Brothers Apartment Living® and The Davis Companies Break Ground on Luxury Apartment Community in Midtown Phoenix

Official Press Release 

FORT WASHINGTON, PA (September 2021) – Toll Brothers, Inc. (NYSE: TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® rental subsidiary, and partner The Davis Companies, today announced the groundbreaking of Callia, a brand-new multifamily community of 403 luxury apartments located in Phoenix, Ariz.

Positioned at the intersection of Central Avenue and Indian School Road, Callia is centrally located in midtown Phoenix. The location offers residents convenient access to downtown, uptown, central Phoenix, and Tempe via the light-rail station at the intersection.

“Callia’s strategic location provides residents with convenient access to the vibrant downtown and midtown Phoenix areas with all of the buzz and excitement they have to offer,” said Todd Bowden, Regional Director of Acquisition and Development, Toll Brothers Apartment Living. “The Camelback Corridor is nearby and Sky Harbor airport is only a short ride on the light-rail that stops right at our front door.”

Phoenix has seen significant employer growth bringing in transformative developments to the area. Callia marks the third multifamily project for Toll Brothers Apartment Living in the Phoenix market, joining Haverly in midtown Phoenix and Canvas, a Toll Brothers Campus Living community in Tempe.

“As we expand our presence in the Phoenix market, we are excited to continue delivering unparalleled design and distinctive programming to the area,” said Charles Elliott, President, Toll Brothers Apartment Living. “Callia’s thoughtfully curated community offerings will provide a calming authentic retreat for residents to call home.”

“It’s truly remarkable to introduce Callia to the Phoenix market,” said Gary Hofstetter, SVP of Asset Management for The Davis Companies. “The quality a Toll Brothers multifamily project surpasses all expectations with regards to design, craftsmanship, and choice of materials, as well as the carefully considered health- and wellness-focused amenity packages, high-end security systems, and dynamic building technology. Callia will undeniably differentiate itself from the rest of the Phoneix market.”

Callia will offer studio, one-, two-, and three-bedroom floor plan styles. With a design inspired by the restorative energy of Phoenix, the community will feature a full-service amenity package including an expansive fitness center, resident clubroom, wellness lounge, two resort-style pools with cabanas, dog area and pet spa, and more. On the ground floor, Callia will be home to more than 1,000 square feet of retail space providing an opportunity for additional restaurants and shops.

Toll Brothers Apartment Living manages the development and marketing of Callia.

For more information regarding Callia, please visit: www.LiveCallia.com