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Developer plans $125M residential community in north Scottsdale

Posted by   /  December 6, 2018  /  No Comments

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This land will be developed into one of the last master-planned communities of its kind in Scottsdale. / Photo by Joshua Taff / Phoenix Business Journal

 

Shea Homes is first builder committed to project, other negotiations in the works

By Angela Gonzales | Phoenix Business Journal

Storyrock Development Corp. is moving forward on a $125 million, 462-acre master-planned community surrounded by the McDowell Sonoran Preserve in north Scottsdale.

Plans call for building 443 homes in the community — called Storyrock — with Shea Homes under contract for 51 lots.

Shea officials said they have opened escrow and are performing due diligence.

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