November 24, 2024 1:29 pm
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Texas developer bringing active adult communities to metro Phoenix

PROVIDED BY MCARTHUR LAND CO.

By Angela Gonzales | Phoenix Business Journal

Sparrow Partners, based in Austin, Texas, is making its Phoenix-area debut with five active adult communities planned totaling $200 million in development costs.

Within the last nine months, Sparrow has closed on three land deals, most recently paying $3.53 million for an 8.4-acre parcel southeast of Bullard Avenue and McDowell Road in Goodyear, said Jeremy McArthur, president and designated broker of McArthur Land Co.

Read the full subscription story from the Phoenix Business Journal.

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