(Disclosure: Rose Law Group represents Richmond American Homes.) By Mike Sunnucks | Rose Law Group Reporter Home prices in the Phoenix metropolitan area continue to increase with last year’s strong demand continuing into 2021. “Prices are just going through the roof,” said Steven Hensley, advisory manager for real estate research firm Zonda. Hensley points to … Read more
By GABRIELLE OLIVERA, Staff Writer CASA GRANDE — After years of inactivity, an empty “zombie” subdivision will be getting a makeover as builders made an appearance at Thursday’s Planning and Zoning Commission meeting. During the meeting, there was a public hearing and consideration for Iplan Consulting on behalf of Century Communities for land use approvals … Read more
by Monica Tapia in Planning & Development Credit: Architectural Resource Team/Base4/City of Maricopa By Tasha Anderson for AZBEX The second phase of West Maricopa Village, the new 35-acre master plan development including single-family for rent homes, apartments, retail and office space, is making its way through the City of Maricopa’s Planning Department. Developer, Z-Modular is requesting approval of the site plan, landscape, … Read more
Post author:Karen Schutte PINAL COUNTY, ARIZONA — Lennar purchased an additional 102 lots in the Red Rock Village MPC for $4.59 million ($45,000 per finished lot). The lots are 40’ X 115′ and are Lennar’s first purchase in the Red Rock Village community. The lots were purchased from Sunbelt Holdings. Sunbelt acquired the remaining 680-acres … Read more
AZRE A 160-acre development site located at the northwest corner of Nafziger Road and Martin Road in Coolidge, Pinal County, Arizona, has sold for $2,002,250. The seller P & L Arizona Real Estate LLC, a Chicago restaurant group, was represented in the transaction by Kidder Mathews commercial real estate broker Brian Rosella. The property was purchased by Chicago … Read more
By Bob McGovern A gated, multifamily development is planned for a 20-acre property in Tortosa. Honeycutt Run will consist of 209 single-story and detached units at the southeast corner of Honeycutt and Hartman roads, according to the developer, Sandbox Development Consultants of Phoenix. A commercial use would be included as well. The development will border homes on West La Paz Street to … Read more
By AARON DORMAN, Staff Writer More than a decade ago, Coolidge mapped out a large housing plan, Landmark Ranch, in the west portion of the city between Ninth Street and Kenworthy Road. Although 200 homes were built before the Great Recession, it has taken until now for developers to begin building out homes in the … Read more
AZRE DR Horton bought 33.75 acres of land in Maricopa for $12,834,000, , according to the commercial real estate tracking website Vizzda. The seller was Harvard Investments. The land is located near the northeast corner of John Wayne Parkway and Smith Enke Road in Maricopa. The land is part of the Lakes at Rancho El Dorado residential community … Read more
By InMaricopa -Jan 28, 2021 The Maricopa real estate market strongly favored sellers for much of the year. And though 2020 will be forever ingrained in our minds for the coronavirus and crazy elections, we can now add huge home value gains. The end of 2019 was classified as a “slight” seller’s market, but by the middle … Read more
By Casa Grande Dispatch PHOENIX – State Rep. David Cook, R-Globe, has introduced a bill that will help promote growth in Pinal County with existing water safeguards. He said the bill will allow older existing planned developments, sometimes called “zombie subdivisions,” to be updated and modified to meet current building needs and to remain compliant … Read more