By Karen Schutte | Real Estate Daily News
TUCSON, ARIZONA — As the market adjusts to the recent hit of COVID-19, Sunbelt Holdings continues to press forward on all of its Tucson projects. In a time where homebuilder/master-developer partnerships will become more important than ever, Sunbelt Holdings is well positioned to continue to streamline delivery of lots in its active Tucson communities.
Sunbelt Holdings entered the Tucson market in 2012 with the purchase of La Estancia and has since added to its portfolio to become one of the most active master-planned community developers in the Tucson metro market. Its projects are now well known to the Tucson community along with the homebuilders that partner with them.
As Tucson moves through the unprecedented COVID-19 event, Sunbelt Holdings looks to emerge as a driver and lot supplier for Tucson’s homebuilders in three of Tucson’s major projects. From NW to SE to SW, Sunbelt Holdings is positioned well in Tucson where large land holdings and infrastructure come at a premium. Part of this is by design, and part of it can be attributed to good timing and an understanding of where Tucson was being underserved. All in all, the company has acquired projects that will allow them to deliver, in the range of, 7,000-10,000 lots to Tucson homebuilders over the next several years. In a market like Tucson that is severely constrained of entitled/infrastructure lots, that seems like a nice spot in which to be.