November 21, 2024 8:50 pm
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Scottsdale homebuilder closes on land that will net 1,111 new homes in Maricopa

NATHAN & ASSOCIATES INC.

(Disclosure: Rose Law Group represents Meritage Homes.)

By Angela Gonzales | Phoenix Business Journal

Meritage Homes Corp. (NYSE: MTH) just scooped up 300 acres in the city of Maricopa, a growing part of the Valley that has become popular with homebuilders.

The Scottsdale-based homebuilder already has two active communities in Maricopa — The Lakes at Rancho El Dorado and The Trails. This new community will include 696 homes ranging between 1,282 and 2,700 square feet and prices ranging from the $340,000s to the $450,000s, said Tyler Champlin, vice president of land acquisitions for Meritage.

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