By Mike Sunnucks | Rose Law Group Reporter
The first phase of the McClellan Ranch master-planned development near Laveen along the Loop 202 freeway is moving forward after the sale of lots to Pulte Homes and Meritage Homes.
Land Advisors Organization announced the closure of a $9.4 million sale for land at 67th Avenue and Dobbins Road in west Phoenix.
There are 611 lots planned for the residential development. Pulte and Meritage are buying 260 lots for $9.4 million. The seller was Metropolitan Land Co.
“We are excited to see Pulte and Meritage as part of the blossoming Laveen submarket along the Loop 202,” said Bret Rinehart of Land Advisors Organization’s Phoenix Homebuilder team. “The McClellan Ranch community is ideally located along this emerging corridor and this gated community will be a great addition to the area.”
The Laveen area along the newly opened extension of the Loop 202 freeway has been attracting interest from home buyers and builders. Rinehart, Ryan Semro, and Ben Heglie represented Metropolitan in the deal.