April 25, 2024 10:59 pm
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Rancho Mercado work starts, but homes are years away

The Rancho Mercado groundbreaking April 4 in Surprise / Submitted Photo

By Richard Smith | Independent Newsmedia

A typical groundbreaking for a development is usually the sign that new homes in a new community are on the way, and fairly soon.

But Rancho Mercado is not a typical development or situation. The large scale development in northwest Surprise is two years away from showcasing models, said Troy Wahlberg, director of land acquisition for the developer, William Lyon Homes.

Simply put, there is no “there,” there right now. The area east of 163rd Avenue in the vicinity of Happy Valley and Jomax roads has nothing resembling conventional infrastructure.

Continued:

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© 2024 Rose Law Group Reporter

Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.