(Disclosure: Rose Law Group represents Meritage Homes.)
Tri Pointe Homes® Arizona, a recognized leader serving the Phoenix market for over 30 years under the name Maracay®, has announced the acquisition of land to develop approximately 175 new homes in the Abel Ranch planned community located in the West Valley suburb of Goodyear. The $8.75 million land investment marks the second phase of development within the existing planned community, reinforcing Tri Pointe Homes’ commitment to bringing innovative homes with life-changing design to premium locations where homebuyers desire to live.
“Abel Ranch presents an exciting opportunity for Tri Pointe Homes to increase our presence in the West Valley and bring new homes to Goodyear, the third fastest growing city in the nation over the past 5 years1,” said Tri Pointe Homes Arizona Division President James Attwood. “With this development, we aim to cater to the increasing demand for high-quality housing in a community supported by diverse lifestyle offerings, natural wonders, and city conveniences. We’re confident about delivering a neighborhood that reflects the area’s growth and inspires modern homeowners to create vibrant, lasting memories.”