320 Apartments, a Park, and a Pedestrian Tunnel: What's Actually Being Built at Oro Valley Marketplace

HSL Properties broke ground on Phase 1 of the Oro Valley Marketplace redevelopment in October 2025. By this spring, active construction includes a 320-unit Class A apartment community (Encantada at Oro Valley Marketplace), a new public neighborhood park, a pedestrian tunnel under Water Harvest Way, and intersection improvements on Tangerine Road. Here is the sourced, phase-by-phase picture of what is actually being built — and what buyers considering Oro Valley should know.