A master-planned community in the far eastern edge of Phoenix may see the building of up to and more than 10,000 homes, providing housing for around 30,000 people in the decades to come.
Developers Brookfield Residential Properties and D.R. Horton, Incorporated, have secured nearly 2,800 acres through an Arizona State Land Department auction for the project.
Called Superstition Vistas, the project will be bounded by East Ray Road on the south and East Elliott Road on the north, and is said to take in an area larger than the cities of Gilbert, Mesa, and Tempe combined.
Long in the talking and planning stage, the project, just over 20 miles to the southeast of downtown Phoenix, encompasses both private and public land, and is designed to accommodate what is expected to be the continuing growth of Pinal County, slated to increase from it current 494,000 people to more than 1 million in the next three decades.
The development is also expected to include some commercial space.
Those involved with the project say it will be a gradually developing entity, expected to be fully built out by 2070.
Th next step in Superstition Vista’s development comes with a move on the part of the developers to annex around 8,100 acres from the town of Apache Junction for the project.
Members of the Apache Junction City Council are expected to vote on that move sometime this summer.
Brookfield Residential Properties is based in Calgary, Alberta. While Arlington, Texas is the headquarters for D.H. Horton.
By Garry Boulard