Scottsdale developer rolls out plans for $3.6B master-planned community

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.

Read the full subscription story from the Phoenix Business Journal.

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