Welcome to today’s roundup of news in the Real Estate market! In Phoenix, Mattamy Homes has secured a significant land purchase in the highly sought-after master-planned community of Bella Vista Farms. This addition will bring 118 single-family home sites to the sprawling development, offering spacious floorplans and access to a range of amenities. Meanwhile, in Utah, the thriving Daybreak community is set to expand further with the construction of an exciting mixed-use entertainment district, including a baseball park and cinema complex. As we explore these stories and more, we invite you to dive deeper into the latest updates in the housing market.
Mattamy Homes secures land in Phoenix’s best-selling master-planned community, Bella Vista Farms
North America’s largest privately owned homebuilder, Mattamy Homes, has closed on a sizable land purchase in the growing community of San Tan Valley, AZ. The 30-acre property is part of the larger master-planned community of Bella Vista Farms, developed by El Dorado Holdings. Mattamy will add 118 single-family home sites to the sprawling masterplan.
“Our entire team is excited about being part of the choice that homebuyers have when looking to live in the highly coveted community of Bella Vista Farms,” says Don Barrineau, President of Mattamy’s Phoenix Division. “El Dorado Holdings has a proven track-record of delivering successful, highly appointed and well-designed master-planned communities throughout Arizona, and we are thrilled to offer the quality and thoughtful home and community design that Mattamy is known for to their development in the Southeast Valley.”
Mattamy’s addition to the Bella Vista Farms community will include predominately 55′ x 120′ lots with 45′ wide plans, offering the option of both single- and two-story living. With six floorplans to choose from, plan highlights include guest suite or multi-generation suite options, open and airy floorplans, flex spaces, and spacious covered back patios.
On top of the Mattamy neighborhood amenities including pocket parks as well as linear parks connecting to the additional neighborhoods within the master-planned community, Bella Vista Farms offers an impressive 11-acre community park. The extensive masterplan park features a resort swimming pool, shaded water playground, pool cabana, event lawn, basketball court, beach volleyball courts, multi-purpose sports field, and more. An additional swimming pool and park are anticipated for the masterplan as well as a future school site.
“The Southeast Valley continues to be an appealing place for valley residents to call home, especially with the sustained emergence of great job opportunities, highly ranked schools, vast entertainment and recreation options,” Barrineau added. “Our latest acquisition will appeal to those looking for spacious floorplans with outdoor amenities, shops, restaurants, and access to major employment centers, all just a short distance away.”
The property is located northeast of Gantzel Road and East Bella Vista Road in San Tan Valley, within 30 minutes from South Chandler’s tech corridor and 35-minutes from Mesa Gateway.
Land development on the community is underway and is anticipated to open for sale in the fall of 2025.
A surging master-planned community in Utah gets its own entertainment district
Daybreak, a 4,100-acre master-planned community in South Jordan, Utah, has become a catalyst for regional growth. With over 30,000 residents currently living in 9,300-plus houses, the community is planning to construct another 10,000 houses by 2036, projecting a population increase to at least 50,000. Additionally, Downtown Daybreak, a 200-acre mixed-use entertainment district, is under construction within the community, featuring a minor-league baseball park and a cinema/entertainment complex.
Downtown Daybreak’s first phase will include retail and food and beverage space, office space, residential units, parks, outdoor recreation areas, and a third light-rail station. The housing being built for Downtown Daybreak will primarily consist of multifamily units, offering various floorplans and price ranges. The district is projected to take 15 years to complete, with Phase 1 scheduled for completion next year.
As Downtown Daybreak takes shape, downtown Salt Lake City is also undergoing its own evolution. The city is seeing new construction projects, including the Asher Adams hotel, an adaptive reuse of the historic Union Pacific Depot Train Station. The hotel will be connected to The Depot, a live entertainment and event venue, and will be located near the Olympic Plaza and The Gateway, a popular retail, residential, and office complex.
No Title
There is no information available for this page. Please click the link below to learn more.
Phase one of construction commences in Indigo – Houston Agent Magazine
Homebuilders have started construction in Indigo, a master-planned community located in Fort Bend County. David Weekley Homes, Empire Communities, and Highland Homes will build a total of 261 homes during the first phase, with sales projected to begin in May. The community aims to create an array of homes that cater to all family formations, lifestyles, and backgrounds, encouraging meaningful social interaction. Indigo will offer a variety of floor plans and housing options, including one- and two-story homes, cottages, and townhomes. Upon completion, the community will feature over 800 residences, agricultural land, and a town center called Indigo Commons.
A $1B lagoon-anchored residential community is under construction in North Texas | wfaa.com
Dallas-based Megatel Homes LLC has begun construction on a $1 billion residential community named AnaCapri in Anna, Texas. The master-planned community will feature a massive lagoon as its central amenity, complete with water slides, sand beaches, a surf machine, cabanas, and a bar and restaurant. The project is expected to bring up to 2,000 single-family homes and over 600 multifamily units to the growing Collin County city. With home prices ranging from $480,000 to $500,000, the community aims to offer a unique resort-style living experience. In addition to the lagoon, an entertainment district will include a bowling alley, arcade, event rooms, fitness centers, and several restaurants. Construction of the community’s second phase is projected to be completed by the end of 2024.