Mattamy Homes has acquired a significant property in the Phoenix market, located next to Camelback Ranch-Glendale Field, the home of spring training and year-round player development for the L.A. Dodgers and Chicago White Sox.
The purchase will enable Mattamy to bring new homes and the company's unique community design into an area that has been otherwise developed for many years.
The 59-acre property is zoned for 199 lots in total. Mattamy purchased the property from Mortgages Limited for $6.3 million, with the deal having closed on Dec. 21, 2018.
"We're excited to be able to further expand our West Valley franchise with a quality community in a unique and certainly vibrant setting," said Harry Lourimore, president of Mattamy's Phoenix Division. "We think the character of the area, coupled with our location next to the spring training facilities, and our close proximity to regional amenities and employment centers, will be unique in the market and will enhance the quality of life for our residents. We're looking forward to our future opening and making this community come to life."
Mattamy will be building single-family homes on the site (a combination of 45'-, 55'- and 154'-foot wide lots) including floor plans from its Peoria-WestWing Mountain and upcoming Goodyear-Canyon Trails communities. The still-to-be-named Mattamy community at Camelback Ranch-Glendale is expected to open for sale in December 2019 with first closings of homes also happening in December 2019. Land development will start immediately.
The Mattamy community will be gated with private streets and feature open space on nearly 30% of the total property. The location will offer great access to Loop 101 and Interstate 10, and is close to major area employment as well as easy commuting to other areas of the valley, including downtown.
Additionally, Ball Park Boulevard will be extended north to Maryland Avenue and then east to the Loop 101 to tie into the existing Maryland Road. This will give future Mattamy Homes residents as well as existing homeowners in the area excellent access to the amenities of the Westgate Entertainment District, including State Farm Stadium, home of the Arizona Cardinals, and Gila River Arena, home of the Arizona Coyotes, which also offer major events and concerts throughout the year.
