A final 193 acres has been purchased in north Phoenix by a Scottsdale-based developer for a project that is expected to see the construction of some 1,225 homes.
The Taylor Morrison Home Corporation paid nearly $21 million for the land, which will be part of an overall 472-acre master planned community.
Surrounded by the Sonoran Preserve, the site is bordered by the Sonoran Desert Drive on the north, state trust land to the east and west, and located some 30 miles to the northeast of downtown Phoenix.
What is being called Verdin will feature roughly two single-family homes per acre, along with seven miles of trails and community paths. The project, whose motto is “Life in the Desert,” will also see the creation of more than 100 acres of open space.
The project has long been in the talking and planning stage, with public input meetings being conducted in 2018 and 2019, before preliminary work was put on hold in early 2020 due to the Covid 19 pandemic.
Verdin was substantially relaunched in late 2021 and approved by the Phoenix City Council last summer.
In developing the project, Taylor Morrison has uniquely worked with the National Wildlife Federation to preserve the native habitats of the master planned community area.
One of the largest home building firms of its kind in the country, Taylor Morrison has taken on dozens of home projects in the middle to upscale range primarily in the southwest.
By Garry Boulard
