November 17, 2024 1:13 am
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2nd homebuilder exits Lazy K project near Saguaro National Park West

Safford Peak rises above the now-closed Lazy K Bar Guest Ranch on August 21, 2014. /A.E. Araiza / Arizona Daily Star

By Tony Davis | Arizona Daily

The planned Lazy K Bar Ranch development near Saguaro National Park West has hit its latest hurdle — a second prospective homebuilder pulled out.

Meritage Homes exited the Marana project, with economics appearing to be a factor. But Lazy K landowner Peter Evans said the owners are now negotiating with another builder, whom he didn’t name. Evans said he remains confident the 178-home project on 138 acres will proceed as planned, with upscale homes selling for up to $500,000.

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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.