Tag Archives: Bridges at Gilbert

Gehan Bridges at Gilbert

Texas homebuilder makes its East Valley debut

Gehan Homes, a Dallas-based homebuilder, announced the grand opening of its third community in Arizona, Palazzo at The Bridges, in the new Bridges at Gilbert master-planned community located at the southeast corner of Higley and Queen Creek roads. Two model homes are open at 3625 E. Cassia Lane in Gilbert, where move-up homebuyers can see the six new Palazzo floor plans and 18 new front elevations that are exclusive to Gehan Homes’ Gilbert community.

Homebuyers can choose from 72 homesites with energy-efficient floor plans ranging from 2,397 to 4,312 sq. ft. Each modern home will feature 10-foot ceilings, eight-foot interior doors, maple kitchen cabinetry, granite countertops, stainless steel appliances, great rooms, flex rooms and three-car split or four-car garages with a variety of options, including snail showers, game rooms, pocket offices, media rooms, walk decks and outdoor kitchens. In addition, energy-saving construction, such as R-38 attic insulation and radiant barrier roofing makes owning a Gehan Home a luxurious and smart choice. Architectural styles include Ranch, Spanish and Prairie. Prices start at $349,000.

“We knew early on that our expansion to Arizona would include a community in metro Phoenix’s East Valley,” said Tim Gehan, CEO of Gehan Homes. “It’s exciting to see how the East Valley’s housing market has rebounded and discerning homebuyers are reinvigorated by the variety of lifestyle features they find at The Bridges at Gilbert. It’s really the perfect fit for our Palazzo designs, which provide open floor plans, flexible spaces, family-friendly amenities and stylish exteriors.”

Located within the highly-rated Higley Unified School District, The Bridges at Gilbert master-planned community is already receiving accolades for its features, which include a lake, community splash pad, amphitheaters, play structures, parks, trails and waterfalls. The growing mecca of San Tan Village is only minutes away, offering premier shopping, dining and nightlife. In addition, living at The Bridges means easy access to the Loop 202 and Loop 101 Freeways and Phoenix-Mesa Gateway Airport.

One of the top 30 builders in the U.S., Gehan Homes first entered the Arizona market in April, with the grand opening of its Hacienda at Greer Ranch community in Surprise. The Texas homebuilder opened its second Valley community, Vista Pointe in The Village at Vistancia, in Peoria in August. Similar upscale homes will be built in the Palm Valley community by the end of 2013.

For information about Gehan Homes’ Palazzo at the Bridges, call (480) 621-8786 or visit www.gehanhomes.com.

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JEN Partners closes land deals in Gilbert

JEN Partners closed five separate land transactions totaling 163.79 acres and 569 lots, in the master planned community known as the Bridges at Gilbert – located just east of the northeast corner of Higley and Ocotillo Roads in Gilbert.   JEN Partners sold to local builders: Maracay Homes, Lennar, Taylor Morrison, David Weekly/TW Lewis, Shea, and Woodside for $23,114,317. All transactions were negotiated by Nathan and Associates Inc.

According to JEN Partners’ Mike Jesberger, “We’re pleased to work with these builders to bring the Bridges at Gilbert community to the marketplace.  We will continue to work together to develop the property and look forward to seeing it take shape.”

“Maracay is very pleased to join these other builders in developing this master planned community in the heart of Gilbert and the East Valley,” said Tom Lemon, Vice President of land acquisitions and development for Maracay Homes.

The Bridges at Gilbert community will include the following lots: 111, 45’x115’ lots on 24.42 acres purchased by Lennar; 97, 60’x120’ lots on 30.48 acres purchased by Taylor Morrison; 78, 80’x130’ lots on 35.49 acres purchased by David Weekly/TW Lewis; and 97, 45’x115’ lots on 20.49 acres purchased by Shea Homes.

JEN Arizona 5 LLC, a Land Banking entity controlled by JEN Partners and managed locally by TerraWest Communities, purchased the remaining 113, 50’x115’ lots and 73, 70’x125’ lots, totaling 52.9 acres for $7,886,163. Under separate Option Agreements JEN Arizona 5 LLC will sell the 73, 70’ lots and 67, 50’ lots to Maracay Homes and 46, 50’ lots to Woodside.