Hundreds of new homes may soon see construction just outside the growing Arizona city of Goodyear.
The Fulton Homes company, which is based in Tempe, has now purchased nearly 200 acres located at the northwest corner of Indian School Road and Perryville Road with plans for building a residential project that would be equal to some 675 lots.
Purchase price for the land, in an area of significant new home development, was just under $15 million.
As envisioned, the master-planned community would also see the construction of a sports park, as well as an aquatic center.
The site in question, for decades the home to a dairy farm, is hugging the border of both Goodyear and the city of Buckeye.
Both cities have witnessed significant population growth in recent years, with Goodyear going from 19,000 people two decades ago to nearly 87,000 as of last year. Buckeye, during that same period of time, has jumped from 6,500 to just under 80,000.
Demographers say that explosive growth is only expected to continue in the decade ahead.
Exactly when work on the new development will begin has not yet been announced.
By Garry Boulard