Work is expected to begin later this year on the first phase of a mixed-use project in Gilbert, Arizona that could ultimately cost as much as $1 billion to complete.
What is being called The Ranch will go up off Power Road between Warner Road and Elliott Road, and will include a combination of residential units, commercial space, and even some industrial space.
Additional features: 18 acres of green space, walking paths, and gathering areas.
Centerpiece of the project in its initial development is a lifestyle retail center to be called the Harvest Village. According to city documents, the village will comprise some seven buildings for a total of 51,000 square feet of commercial space.
The project is the result of a partnership between the companies Colmena Group of Salt Lake City, the Las Vegas-based IndiCap, and Langley Properties of Lexington, Kentucky.
Final entitlement approval from the Gilbert Planning Commission was secured last month.
The Ranch site was formerly a family-owned, 3,000-acre farm known for its alfalfa, corn, and cotton crops.
Described as a “visionary master planned development,” The Ranch will see the building of structures ranging in size from 66,000 square feet to more than 881,000 square feet.
September 18, 2025
By Garry Boulard
Rendering courtesy the City of Gilbert, Arizona
