In Q3, there were six new apartment projects started (1,417u) with a total of 25 now under construction representing 4,733 units. Of the 25 projects, 7 are in Phoenix, 4 in Scottsdale, 4 in Chandler, 3 each in Tempe and Mesa, 2 in Gilbert and one in Youngtown. Four projects were completed in Q3 totaling 1,012 units. These included two projects in Phoenix (326u and 138u) and two in Tempe (279u and 269u). In addition, there are 82 projects in various stages from initial rezoning to final permitting – representing 19,840 units. Details of each project and a map showing the location of the current construction activity is posted on our web site under “Apartments’ – “Market Data”.