November 17, 2024 4:19 am
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Homebuilder plans to invest $200M in metro Phoenix development this year

Taylor Morrison is expanding in the southeast Valley with the opening of Bellaza II in Chandler. / Phoenix Business Journal

Key land acquisitions point to homebuilding hot spots in the Valley

By Angela Gonzales | Phoenix Business Journal

Taylor Morrison Home Corp. plans to invest nearly $200 million in the metro Phoenix market this year.

That investment on land acquisitions and development is about equal to what the Scottsdale-based homebuilder did last year, said Brad Schoenberg, Phoenix division president for Taylor Morrison (NYSE: TMHC).

Taylor Morrison’s strategy is to build in core locations in metro Phoenix, near transportation corridors, good schools and good services.

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