By Jim Walsh, Tribune Staff Writer With opponents bemoaning the loss of pristine desert to the end, Mesa City Council last week unanimously approved zoning for Blandford Homes’ Reserve at Red Rock resort-style subdivision. Beyond the oft-stated concerns about airport noise and residential encroachment on Falcon Field, a 17-acre buffer sliced from the 132-acre site … Read more
The property was purchased for $5.5 million, according to Vizzda LLC real estate database. The parcel of land, north of the northeast corner of Gilbert and Ray roads in Gilbert, was sold by Chrome Inc., an entity tracing to Tony Kitchukov, on June 10, according to Vizzda. Plans call for building a $43 million Class … Read more
After a couple slow months, national homebuilder purchases of lots has begun picking up in the Phoenix area. Denver-based Richmond American Homes recently plopped down $4.54 million in cash for 112 lots at Vistancia Village in Peoria, according to Vizzda LLC real estate database. The partially finished lots are north of the northwest corner of … Read more
Stats from Arizona Multiple Listing Service indicate a 21.5% decrease in new listings in metro Phoenix. However it’s not all bad, as the median price for new listings has gone up 7.1%. Check out this report from ARMLS.
Not long ago, it would have been difficult to imagine sleepy Downtown Gilbert as home to the retail, restaurant and hospitality options that you find in the area today. As one of the fastest-growing towns in the country, the demand for office, retail, multifamily and hotel space is at an all-time high. Recognizing this demand, … Read more
Berkadia has announced the sale of 10 acres in the Gilbert for $5.5 million. Watermark Residential plans to develop 216 apartments on this parcel that is situated not far south of The Gilbert Municipal Center on the east side of Gilbert Road. READ MORE
By Tom Blodgett The Gilbert Town Council passed a $992.84 million budget and a $25.88 million secondary property tax levy at a highly charged meeting June 16 that lasted nearly five hours. Council passed the issues on 5-2 votes with Council Members Jared Taylor and Aimee Yentes voting in dissent on both. Mayor Jenn Daniels … Read more
By Mike Sunnucks | Rose Law Group Reporter The Mesa City Council will consider rezoning an 89-acre parcel at Signal Butte and East Williams Field Roads for a planned mixed-use development. The project – Destination at Gateway – looks to have commercial developments including auto dealerships along with residential components. The Mesa Council will also … Read more