2,000 homes planned in new East Valley community

COURTESY OF NATHAN & ASSOCIATES INC.

By Angela Gonzales | Phoenix Business Journal

The first of three phases of a new master-planned community in development in Queen Creek has sold, marking the first step toward nearly 2,000 new homes planned there.

JEN Partners and TerraWest Communities paid $16.4 million to Wales Ranch LLC for 197 acres at the northeast corner of Schnepf and Combs roads.

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