By Angela Gonzales | Phoenix Business Journal
El Dorado Holdings Inc. has big revival plans for the city of Maricopa, where the Scottsdale-based developer is rolling out a $1 billion, 1,500-acre residential project.
Called Eagle Shadow, this new master-planned community is a feather in the cap of the developer that entitled the vast majority of the developments that exist today in the city of Maricopa.
In fact, Mike Ingram, the founder of El Dorado Holdings, was instrumental in developing the city’s basic infrastructure, including the roadwork to create John Wayne Parkway and setting up water, wastewater and electric utility service.
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“The velocity of development in Maricopa today is slightly reminiscent of the explosion of growth that began nearly the day it incorporated in 2003, but instead of 3 staffers issuing an astounding 15,000 permits in 2 years out of a double wide set in a gravel parking lot, you now enter one of the coolest City Hall buildings with some of the finest professional Staff in our state. In other words, Maricopa is ready to roll! The recently completed railroad overpass allowed the north and south part of Maricopa to connect – to say that this improvement will be a catalyst for more growth is an understatement.”Jordan Rose, Rose Law Group Founder and President