Court Rich, Rose Law Group co-founder and senior partner, talks to ‘Phoenix Business Journal’ about developer plan for 1,000 homes in area dealing with water, utility issues

A Scottsdale developer has purchased this 290-acre parcel indicated by the red overlay with plans to develop more than 1,000 homes.
/ Provided by Kidder Matthews / Phoenix Business Journal

By Angela Gonzales | Phoenix Business Journal

A Scottsdale residential developer is planning a 1,000-lot community in the San Tan Valley area which had been at the center of a recent controversy over water infrastructure upgrades within the Johnson Utilities LLC service area.

Aread Management Inc. and Varde Partners paid $8.7 million for a 290-acre parcel in San Tan Valley, according to Kidder Matthews land broker Brian Rosella, who represented the seller in the deal, Skyline & Quail LLC.

To be called Skyline Estates, the development is at Skyline Drive and Quail Run Lane in Pinal County, southeast of Gilbert and Chandler.

Rosella said there have been few land transactions lately within the Johnson Utilities service area.

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