Homebuilder inks $20M, 300-home deals in Gilbert

Lakeview Trials at Morrison Ranch in Gilbert/Maracay Homes

By Mike Sunnucks | Phoenix Business Journal

Maracay Homes has bought two pieces of land in Gilbert for close to $20 million with plans for more than 300 homes.

The land buys are at the Lakes at Annecy at the Loop 202 and Val Vista Road and Morrison Ranch developments in the East Valley.

“We’ve taken more of a tortoise than a hare approach to our growth, every year carefully selecting the best locations that resonate with our premium homebuyers,” said Maracay Homes President Andy Warren.

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