Texas developer buys land for big Peoria master-planned community

By Angela Gonzales | Phoenix Business Journal

Austin-based Castle Hill Partners made its Valley debut with the $106.58 million purchase of more than 5,200 acres in Peoria near Taiwan Semiconductor Manufacturing Co.’s $12 billion plant under construction in north Phoenix.

Originally planned as a master-planned community called Saddleback Heights back in the 1990s, the parcel is the largest remaining undeveloped master-planned community project in Peoria, said Greg Vogel, founder and CEO of Scottsdale-based Land Advisors.

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