Homebuilder acquires sites in Gilbert

By InBusiness Phoenix

Tri Pointe Homes, a recognized leader serving the Phoenix market for over 30 years under the name Maracay®, has announced the acquisition of 42 single-family homesites in Gilbert, Arizona. Purchased from Bela Flor Communities for $10.7 million, the homesites are situated at the southwest corner of San Tan Blvd. and 172nd Street. The community is slated to open for sales in the first quarter of 2026 with plans to deliver premium homes with proximity to some of the region’s most desirable destinations.

“With Gilbert’s population expected to surpass 330,000 by 2030, this acquisition will allow us to offer our premium homes in a municipality that’s on track to be one of the largest in Arizona,” said James Attwood, Division President of Tri Pointe Homes Arizona. “With easy access to major transportation routes, highly ranked schools, and numerous recreational opportunities, we look forward to bringing new, thoughtfully designed homes to this vibrant community.”

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