Credit: Espiritu Loci Incorporated/Town of Prescott Valley
By Roland Murphy | AZBEX
Fain Signature Group is looking to add to its Prescott Valley-area developments with a proposal for Lakeshore 650, a 652-acre planned area development west of Lakeshore Drive and Fain Road.
Working as the master developer in partnership with Brown Homes, FSG is proposing a development plan that will build out over a roughly 20-year cycle and ultimately deliver a community with up to 3,500 residential units and a 100-acre core with 348.1KSF of commercial uses. They are requesting a rezoning from large lot residential to planned area development to create a master-planned community.
According to the Prescott Valley staff report, “Commercial/employment uses in this visible and accessible area of the property are… most likely to be able to support the needs of restaurants, a grocer, a dentist’s office, a storage facility, or other businesses that provide needed services and jobs for the region. Residential uses will surround and possibly mix with commercial uses offering additional support to the commercial uses. The integration of uses will be complemented by a pedestrian system that will give residents/employees an attainable alternative to get to and from their home and the community core.”
