November 17, 2024 4:42 am
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Valley homebuilder purchases 3 more chunks of land

By Lindsay Walker | Phoenix Business Journal

Shea Homes finalized the recent purchase of three land parcels in Scottsdale, Phoenix and Avondale, expanding its reach in the Valley. 

Scottsdale-based Shea will break ground on 51 homesites in north Scottsdale, near 128th Street and Ranch Gate Road, in August 2020, as part of the larger Storyrock development. The land for the Storyrock development was purchased from Cav-Ranch LLC on May 30 for $19 million, according to data from Reonomy. 

Homes will range from 2,845 to 3,983 square feet and will border the McDowell Sonoran Preserve, the largest urban preserve in the United States. 

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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.