By Steve Coons | Belfi
ore Real Estate Consulting
During Belfiore’s most recent visit to its Chandler submarkets, many subdivisions were under development. Belfiore anticipates 14 new subdivisions will come to the city of Chandler during 2015, while only five existing subdivisions will sell out.
Two of the new subdivisions that are under development are owned by Pulte. Lone Tree, which is located off the southwest corner of Lindsay and Riggs, will be an active adult community under the builder name Del Webb. The site consists of two lot sizes: 37 -52’ x 115’ and 35 – 64’x 115’ lots. Pulte received the approval for Lone Tree’s final plat at the December 11, 2014 city council meeting.
Pulte’s other south Chandler site, Calabria, will have 97 – 60’ x 125’ lots. Located off Brooks Farm and Cooper Road, Pulte purchased this site on May 16, 2014 for $6,985,000 ($72,010 per lot / $1,200 per FF, see previous story for details by clicking here).
Other builders that are developing sites in Chandler are:
