Friday, December 8, 2006

Master Planned Apache Junction?

In yet another indication that our market slow-down is temporary (a builder announced plans to start construction on a 444 unit condo complex in Surprise a couple of days ago), Desert Communities, Inc. won the bidding on a 1,010 acre parcel of state land between Apache Junction and Florence, in the Lost Dutchman Heights area of Superstition Vistas. It sounds like this is the first step towards building a master planned community in the far Southeast Valley, similar to Verrado in Buckeye and Desert Ridge in North Phoenix. They are expecting about 1 million people to live there when the entire project is completed!

Read the article on AZCentral.
Read the article as a PDF File.