Developer plans to build more than 10,000 new homes in this metro Phoenix community

You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value.   Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me
walterunger@ccim.net.   –       What is a CCIM.  

In Business and in Life you don’t get what you deserve, you get what you Negotiate.

contact me if you want me to get you the value of your property.

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Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

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Catherine Reagor Arizona Republic 8/11/2023

The first of 5,000 new homes in Blossom Rock at Superstition Vistas will start selling next year on a swath of a 275-mile site expected to transform the southeast Valley. 

Brookfield Residential, which bought 1,400 acres of the vast Arizona State Land parcel called Superstition Vistas, has lined up four other homebuilders for the start of its development. 

The metro Phoenix homes, south of the Superstition mountains and freeway, will likely sell for $500,000 and higher. Exact prices are not expected to be set until next year. 

Blossom Rock is going up next to Radiance at Superstition Vistas, which is being developed by homebuilder D.R. Horton on another 1,400 acres and will also have 5,000 new homes. The two builders partnered to buy 2,800 acres of state land for $245.5 million in 2020.

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“The area is no longer considered the middle of Pinal County or a drive-until-you-qualify place,” said Dea McDonald, a Brookfield Properties Development president.

He said Brookfield is spending $200 million to build the infrastructure for the development, which will go up in multiple phases at Ironwood Drive and West Ray Avenue over the next several years. 

Home prices shoot up:Apache Junction area led metro Phoenix for home price increases in second quarter

Apache Junction annexed the land after the builders purchased it. The city has an assured water supply for the 10,000 houses, according to Brookfield. 

“Superstition Vistas is happening,” said Jim Daniel, president of the new home research firm RL Brown Reports. “They have water secured. It will be a major master-planned community in the future.”

Lennar Homes, David Weekley Homes, Pulte Homes and Tri Pointe Homes bought lots in the Brookfield community. 

The first phase of Blossom Rock will include 200 acres, 554 homes, 300 apartments, a 16-acre regional park, 14 acres of trails and recreation sites, nine acres of retail and a site for schools that is more than five acres.

McDonald said when interest rates jumped last year, and the housing market slowed, it delayed the launch of the community.

The new Superstition Vista communities are on the south side of Apache Junction’s 85120 ZIP code.

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The north side of the small town’s 85120 ZIP code led the Valley for home price increases with a 125% jump in its median during this year’s second quarter, according to an Arizona Republic analysis.

Work to develop state-owned Superstition Vistas began in 2006. Planners suggested it would be a major Phoenix suburb, similar to what Orange County’s Irvine, Calif., is to Los Angeles. Tens of thousands of people would live there by 2050, they said.

But those plans stalled during the Great Recession and housing crash.

More parcels of Superstition Vistas, which is equal in size to Gilbert, Mesa, Chandler and Tempe combined, will go to auction. No dates for those auctions have been set yet.  

Brookfield partnered with DMB Associates Inc. to develop the Eastmark community in Mesa, a few miles from its Superstition Vistas project. The Mesa community has been Arizona’s top-selling new home development for several years and is nearly built out.

Reach the reporter at catherine.reagor@arizonarepublic.com or 602-444-8040. Follow her on X, formerly Twitter: @CatherineReagor.

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FROM ME:  FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office  / Retail  / Industrial  / Multi-family /  please call me on my cell 520-975-5207 or e-mail me     walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net,  CCIM,  CREXi, Catylist, and various other web sites.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international

DISCOVER WHAT IS HAPPENING IN ARIZONA

History of Arizona from  900 BC – 2017 -Timeline.

   What is a CCIM.  In Business and in Life you don’t get what you deserve, you get what you Negotiate.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

contact me if you want the me to get you the value of your property.

Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net

Click here to find out what is a   CCIM:

 CLICK HERE TO VIEW ALL MY LISTINGS. 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Walter Unger CCIM

Associate Broker

West USA Commercial Division

14350 N. 87th. Street, Suite 180

Scottsdale AZ, 85260

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

Associate Broker

West USA Commercial Division

14350 N. 87th. Street, Suite 180

Scottsdale AZ, 85260

Phone: 480-948-5554

Cell: 520-975-5207

walterunger@ccim.net

What is a CCIM.

FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME

CLICK HERE TO VIEW ALL MY LISTINGS. 

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

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  Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

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