BRE announced the sale of the 300-unit Class A multifamily community Riata to EPI LP for $91 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch, and Mark McFate of Phoenix Multifamily Institutional Properties represented the seller, San Antonio, Texas-based real estate developer Embrey Partners. Martin Cohan of Marcus and Millichap and Cliff David of IPA represented the buyer. Built … Read more
By Mike Sunnucks | Rose Law Group Reporter Revised plans have been submitted in Scottsdale for a proposed 55 and over community and senior health care development at 90th Street and San Victor. Development plans call for a 102-bed, 152,300-square-foot building on the 2.5-acre site. The property is currently a mostly vacant commercial building that will be demolished. Denver-based 55 Resort Management Corp. first submitted plans for … Read more
Porter Kyle, a Scottsdale-based developer well known for creating high-end residential communities, is planning a new townhome community across from the popular Park West mixed-use development in Peoria. The project, known as The Prescott at Park West, will sit on a vacant 5.4-acre property at 8128 North 99th Avenue. The site is currently zoned C-2 Intermediate Commercial. … Read more
Porter Kyle, a Scottsdale-based developer well known for creating high-end residential communities, is planning a new townhome community across from the popular Park West mixed-use development in Peoria. The project, known as The Prescott at Park West, will sit on a vacant 5.4-acre property at 8128 North 99th Avenue. The site is currently zoned C-2 Intermediate Commercial. … Read more
A developer wants to build a gated 207-unit townhome community at the southwest corner of Lindsay and Germann roads on land zoned for office use. The applicant, Norris Design, is seeking a minor General Plan amendment and rezoning of the 14.53 acres currently used for agricultural, according to staff at a Planning Commission study session last … Read more
By Raquel Hendrickson -Oct 13, 2020188 An “atypical” multi-family residential development received a design review permit. REV@Porter, property owned by El Dorado Holdings, is at the southeast corner of Porter Road and Bowlin Road. Maricopa Planning & Zoning Commission approved a design review permit and site plan for 20 acres of the property. The application at Monday’s commission … Read more
MARANA, ARIZONA – KB Home of Tucson bought DeAnza Subdivision, a 251-lot platted subdivision for $11.3 million ($45,000 per platted lot). The property is located north of the northwest corner of Cortaro and Hartman Roads in Marana, a community northwest of Tucson. DeAnza was sold by Red Point Development of Tucson, Daniel Leung, Project Manager. … Read more
Developer Stewart Jean has requested the Cave Creek town council to allow for modification to an existing Specific Area Plan (SAP) for more flexibility and enhanced access to the site. Having recently developed the plaza where Sprouts is located on Carefree Highway, this proposal sparked controversy during the meeting as residents and developers debate whether … Read more
NO-CONTACT AND ONLINE TOURS: Due to COVID-19, some amenities are not currently open and our sales office is not openfor walk-in face-to-face meetings. However,for your convenience, they offer private no-contact community and model-home tours. Schedule a just-for-you on-site tour by calling 855-388-7940. To check out an online virtual tour, visit MontesaHomes.com.
Scottsdale homebuilder Meritage Homes has began the process of developing a master-planned community is near the NE corner of Broadway and 91st Avenue south of Tolleson. Notably, the community is only a few miles of the newly completed Loop 202 South Mountain Freeway. The high-profile Scottsdale homebuilder purchased 172 lots within the Estrella Planning Area. … Read more