November 21, 2024 7:28 pm
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New Florence housing community planned

By Mark Cowling | Florence Reminder

FLORENCE — A Scottsdale company known for its modern, award-winning residential developments is planning to build a community of 112 rentals north of Heritage Park in the town’s Territory Square District.

The Town Council gave town staff authority to negotiate a development agreement with MODUS Holdings Inc. at Monday’s meeting. The town will sell approximately 30 acres.

“Council provided a challenge and an opportunity for staff about six months ago to get a request for proposals on the street for a development partner in Territory Square,” Town Manager Brent Billingsley told the council. “We received an excellent proposal from MODUS.”

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