(Disclosure: Rose Law Group represents Meritage Homes.)
By Karen Schutte | Real Estate Daily News
TUCSON, ARIZONA — Meritage Homes, the U.S. sixth-largest public homebuilder, has closed on the purchase of 161 platted lots within the City of Tucson for $2.6 million ($15,887 per lot). Development of the community, named Valencia Crossing, has begun and Meritage will offer a series of energy-efficient new home designs in two phases. This community will feature floorplans from Meritage Homes’ LiVE.NOW. series and range from approximately 1,327- to 2,220- square-feet.
Valencia Crossing is being developed off Valencia Road providing access to I-10, Downtown Tucson and major employment centers. This new community is also within close proximity to the University of Arizona Science and Technology Park that includes IBM, Raytheon, Canon USA and Citigroup. Additionally, there is an 800,000-square-foot Amazon Distribution Center on Kolb Road, along with shopping, banking, entertainment, and casual dining nearby.
Valencia Crossing will include a community park with multi-use fields, playgrounds and picnic area. Located within the Sunnyside Unified School District, students living in Valencia Crossing can attend Craycroft Elementary School and Billy Lauffer Middle School, both located less than a mile from the community, and Desert View High School, which is a short drive away.
