By Real Estate Daily News
MARANA, AZ (November 5, 2024) – KB Home recently purchased 35.26 acres across two adjacent parcels within Phase 1 of Mandarina, the newest masterplan within the region, located near the northeast corner of Interstate 10 and Tangerine Road in Marana. The approved tentative plat for the property provides 182 homesites – (122) – 40′ x 115′ and (60) 50’x 115′ with a matching final plat being presented to Marana Town Council for approval this week. The initial 182 lots, part of an option for 383 total lots, were purchased by KB for $5,773,000 ($31,719 per lot) from Mandarina Holdings, an affiliate of Bela Flor Communities.
Mandarina is a mixed-use community on 455 acres at the intersection of Tangerine and the I-10/Union Pacific Railroad (UPR) Corridor. The project will include up to 2,500 residential units (single-family detached, single-family attached, and multi-family units) and commercial, including retail, hotels, and more.
Innovative design plays an essential role in every home KB builds. The company’s floor plans are designed for contemporary living, focusing on creating roomy, light-filled spaces with easy indoor/outdoor flow. In addition, KB homes are engineered to be highly energy and water-efficient and to provide healthier indoor air environments. Thanks to quality construction techniques and materials, every home KB builds is ENERGY STAR® certified — a standard that fewer than 10% of new homes nationwide meet — to deliver greater comfort, well-being, and utility cost savings than new homes without certification.
