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.

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