By Angela Gonzales | Phoenix Business Journal
Developers of a proposed 37,000-acre master-planned community west of the White Tank Mountains hope to jump-start the massive project on two fronts: by luring in homebuilders and a major employer.
The companies responsible for the sprawling development — Phoenix-based JDM Partners LLC and Scottsdale-based El Dorado Holdings Inc. — are in discussions with homebuilders to determine who will be the first to build in the $10 billion Douglas Ranch community that is inside the city limits of Buckeye, about 35 miles west of Phoenix.
Behind the scenes, the project’s developers are working to attract a major employer to help make their dream for the West Valley a reality. And the deal on the table to attract an employer, homebuilder or both has the developers offering up to 1,000 free acres and $20 million for infrastructure costs to the first major tenant.