November 21, 2024 11:05 pm
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Scottsdale homebuilder buys more land for hundred of houses in Queen Creek

(Disclosure: Rose Law Group represents Shea Homes, Toll Brothers and Mattamy Homes.)

By Angela Gonzales | Phoenix Business Journal

Shea Homes has bought another 38.55 acres to build nearly 200 more homes in Queen Creek, part of a plan to construct a total of 401 houses in a new community it is developing.

Shea Homes paid $8.53 million in cash for the vacant land within the second phase of Jorde Farms south of the southwest corner of Germann and Crismon roads, according to Vizzda LLC — equating to $221,206.23 per acre.

Read the full subscription story from the Phoenix Business Journal.

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