Monday, January 09, 2006

Pulte Buys Buckeye Land...

Pulte buys Buckeye land, from the Arizona Republic, reports that Pulte Homes paid at least $70 million for 4,100-acres east of the Sun Valley Parkway between Missouri and Northern Avenues. It plans to build one of its signature Anthem developments on the site. "It's a beautiful, natural environment, well positioned to the mountains," said Mike Brilz, vice president for land development for Pulte. Brilz said the Buckeye land is zoned for 12,500 units. This development will be an all-ages Anthem community- as Pulte is building its age-restricted Sun City Festival in the northern part of the Sun Valley area. Pulte is also developing property in the Tartesso master-planned community in Sun Valley, where the first homes in the area are under construction. At least 50 percent of the new homes to go up in metro Phoenix during the next few years will be in the West Valley, according to housing experts. "West of the White Tank is going to become a whole new city," said Nate Nathan of Nathan & Associates.

http://www.azcentral.com/php-bin/clicktrack/print.php?referer=http://www.azcentral.com/arizonarepublic/business/articles/0107pulte07.html

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