Courtesy of Nathan & Associates Inc.
By Angela Gonzales | Phoenix Business Journal
Scottsdale-based El Dorado Holdings Inc. has plopped down $82.7 million for 4,150 acres of vacant land at a time when the economy has caused land deals to come to a screeching halt.
Plans call for developing a master-planned community that will include 12,000 homes as well as commercial space, including industrial and retail, on the site that’s an hour’s drive southeast of Phoenix.
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