Tag Archives: maracay homes

Freedom Collection Maracay

Maracay announces home plans for active adults

Maracay Homes announced a new collection of home plans designed exclusively for the active adult market. The Freedom Collection was developed in partnership with KTGY, a national architectural firm, known for innovation in design for the active adult buyer.

“More than a third of our buyers identify themselves in the active adult demographic,” said Andy Warren, President of Maracay Homes. “They are a sophisticated consumer that demands innovative designs tailored to their lifestyles. KTGY helped us design a collection of homes that address the unique needs of this demographic.”

With the Freedom Collection, Maracay Homes incorporated specific features known as Universal Design into the homes.  Universal Design supports the active adult lifestyle through subtle design cues that add convenience and ease to living.  Features such as one-story homes, split master bedrooms, wider hallways and doors, sitting showers, raised ovens and dishwashers and storage within reach.

The active adult buyer is also known for their entertaining and socializing lifestyles.  Maracay designed the Freedom Collection home plans to flow easily from the grand entranceways to the large entertaining kitchens and outside into the resort style backyards.  Home functions such as ‘snore’ rooms or caregiver rooms can be accommodated through Maracay Homes’ signature flex design options.

In addition to innovative features and appealing aesthetics, Maracay Homes’ LivingSmart® program, offering the latest energy-efficient technologies and sustainable building practices, is incorporated into these new plans. These design elements, components and appliances offer the latest in comfort and performance as well as cost savings.

Maracay Homes will debut the Freedom Collection at DMB Associates’ new active adult community, Victory at Verrado, in January 2015.  The Freedom Collection ranges from 2,200 square feet to 2,600 square feet.  Maracay Homes was one of only four builders selected to construct homes at Victory. Visit www.maracayhomes.com for more information.

maracay

Maracay Homes joins TRI Pointe in blockbuster deal

Phoenix-based Maracay Homes announced that it has combined with TRI Pointe Homes, Inc. (NYSE: TPH) (“TRI Pointe”) as part of the merger between TRI Pointe and Weyerhaeuser Real Estate Company (“WRECO”), which counts Maracay Homes in its family of builders. The transaction, one of the largest in homebuilding history, is valued at approximately $2.8 billion. It positions TRI Pointe as one of the top 10 largest public homebuilders in the United States by equity market capitalization based on the closing price of TRI Pointe common stock on July 3, 2014.

“We are excited to announce that the transaction with TRI Pointe has officially closed and that we are part of a dynamic and highly respected group of companies,” said Andy Warren, president of Maracay Homes. “The ability to tap into the financial strength of our new parent company while still remaining an active decision maker at the local level will give us a heightened capacity to grow our operations in the Arizona market.”

“With the success of this completed merger, TRI Pointe is well-positioned as a leading homebuilder focused on some of the nation’s most attractive housing markets,” said Doug Bauer, Chief Executive Officer of TRI Pointe. “Having built a stellar reputation for innovative design and outstanding quality over the more than 20 years it has operated in the Arizona market, Maracay Homes will continue to be led by the exceptional local, executive team that has helped build its standing as a market leader. Like TRI Pointe, Maracay Homes’ success is largely driven by its entrepreneurial spirit and ability to make decisions on a local basis. That philosophy will stay in place, as Maracay Homes will continue to craft customizable, energy-efficient homes that deliver comfort, style and sustainability.”

Maracay Homes’ beautiful single-family homes are designed for the way premium buyers want to live. The company will continue to offer its suite of proprietary processes and tools, which include FlexDesign® and LivingSmart®, to increase home buyers’ customization options.

Maracay Homes is one of the five WRECO homebuilding companies that have joined TRI Pointe as part of the larger merger with WRECO. With complementary geographic footprints, the new TRI Pointe companies, which will continue to operate under their respective brand names, include:

Maracay Homes – Phoenix and Tucson, Arizona
TRI Pointe Homes – Northern and Southern California and Colorado
Pardee Homes – Southern California and Las Vegas, Nevada
Quadrant Homes – Puget Sound region of Washington State
Trendmaker Homes – Houston, Texas
Winchester Homes – Washington, DC metro area and Richmond, Virginia

The leadership at all levels will remain focused on executing a disciplined homebuilding strategy, including securing new opportunities for growth. Barry S. Sternlicht, Chairman and Chief Executive Officer of Starwood Capital Group, will remain as Chairman of the TRI Pointe Board of Directors, which has been expanded from seven to nine directors. The merger with WRECO is expected to provide TRI Pointe with significantly enhanced scale, with more than 3,400 new home deliveries and $1.6 billion in revenue on a historical combined basis over the past twelve months ended March 31, 2014.

Victory Rendering

Seven homebuilders to construct at Verrado

The newest phase of residential development in the Heritage District at Verrado includes seven of Arizona’s most respected homebuilders, adding more than 630 homes to DMB Associates’ Buckeye community, now celebrating its 10th anniversary.

These seven builders, selected for their commitment to quality and design, will offer a mix of residential options. This group of builders includes national, publicly traded, international and local homebuilders. The builder roster includes: AV Homes (NASDAQ: AVHI), Lennar Homes (NYSE: LEN), Maracay Homes (NYSE: WY), Mattamy Homes, Meritage Homes Corporation (NYSE: MTH), Pinnacle West, and William Ryan Homes. These are the first neighborhoods in Verrado to feature models by Lennar, Mattamy, Pinnacle West, William Ryan Homes and AV Homes.

The combined purchase by the homebuilders encompasses approximately 150 acres, totaling sales of just over $45 million. Pinnacle West’s unique green court homes are an exciting addition to the housing options in Verrado.

“Our builders construct homes that offer flexibility, exceed expectations for today’s modern living needs and create a sense of place,” said Dan Kelly, general manager for Verrado. “In addition, the builders are keeping with Verrado’s hometown spirit by creating front porches and diverse, authentic architecture, ideal for Arizona living.”

Home prices start in the mid-200,000s for the new collection of Heritage District homes:

  • AV Homes – 170 lots, 10 home plans ranging from 1,959 to 4,072 square feet
  • Lennar Homes – 22 lots, 5 home plans, ranging from 1,875-2,515 square feet
  • Maracay Homes – 92 lots, 13 new home plans, ranging from 2,063-4,152 square feet
  • Mattamy Homes – 144 lots, 6 home plans, ranging from 1,627–2,947 square feet
  • Meritage Homes – 123 lots, 11 home plans, ranging from 2,200-4,700 square feet
  • Pinnacle West – 82 green court lots, with 4 plans ranging from 1,875-2,515 square feet
  • William Ryan Homes – 82 lots, 4 home plans, ranging from 1,933-2,806 square feet

In total, the Heritage District now includes 2,175 home sites. The District currently offers residents 16 neighborhood parks, and a fire station.

Verrado is launching new amenities concurrent with the construction of this final phase of the Heritage District, which include the opening of 16 additional new parks (total of 32 parks), the resort-styled Heritage Swim Park, a temporary dog park and the Verrado Coffee Company. Verrado also is partnering with the Litchfield Elementary School District to open a new K-8 elementary school that will accommodate up to 950 students.

The deals were brokered by Nate Nathan, Dave Mullard and Casey Christensen of Nathan & Associates Inc. in Scottsdale.

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AZ's First Multi-Builder Community for Baby Boomers

DMB Associates announced today the four builders that will construct homes at Victory, Arizona’s first multi-builder community for people 55 years and better which will be located in the multi-generational community of Verrado.

Only four homebuilders were selected among the interested top local and national homebuilders. The Phase One roster includes Lennar (NYSE: LEN), Maracay Homes (NYSE: WY), Standard Pacific (NYSE: SPE) and T.W. Lewis by David Weekley Homes. The combined purchase by the homebuilders totals $40.68 million.

Similar to DMB’s process of collaborating with lifestyle, health and longevity experts on the design of the community, DMB engaged an expert architect, universal design experts, and kitchen and bath designers to educate homebuilders on how the lifestyle, needs and motivations of Baby Boomers differ from traditional homebuyers.

As a result of the collaboration, these homebuilders will be offering innovative, easy living home designs with an emphasis on entertaining, personal retreats, dream kitchens including the latest appliances and technology, open floor plans, and casual living that creates connections between the indoor and outdoor living spaces.

“By collaborating with multiple builders, Victory at Verrado plans to offer its residents more choice, quality and personalization than other communities constructed by a single homebuilder. Multiple homebuilders, coupled with Verrado’s unique architectural guidelines and front porch emphasis, will create diverse and traditional looking neighborhoods,” said Nick Taratsas, DMB senior vice president and general manager of Victory. “No other developer has spent this kind of time and attention to educate builders on the specific needs of Baby Boomers.”

The first phase of homes will range from approximately 1,400 square feet to more than 3,000 square feet, available on four distinct lot sizes. Home prices are planned to range from the $200,000’s to more than $500,000.  DMB, which has a growing list of interested buyers, plans to start sales in January 2015.

The residents of Victory will enjoy all of the existing amenities the small town of Verrado offers today.  In addition, the Victory Club, which will be located at the center of the Victory District, will be the hub of the indoor and outdoor amenities designed and built exclusively for Victory residents. The Victory Club is planned to open in December 2015. Tom Lehman is designing Victory’s 18-hole golf course and clubhouse which is planned to open late 2016.  An extensive path and trail system connecting the new Victory district and adjacent White Tank Mountain range and Verrado is being planned as well.

DMB broke ground on Victory at Verrado in October 2013. The district will have 3,500 homes at build out.

Victory’s Phase One Builders and Number of Lots:

Lennar – 125

Maracay Homes – 98

Standard Pacific – 120

T.W. Lewis by David Weekley Homes- 74

118315706

GPEC announces Board of Directors for FY 2014

The Greater Phoenix Economic Council (GPEC) today announced the appointment of its Board of Directors for the 2014 fiscal year, as approved by the Executive Committee.

Alliance Bank of Arizona CEO James Lundy will continue to lead the Board of Directors as chairman.

“As the economy continues to improve, GPEC’s team of results-driven board directors will work to ensure the region not only maintains its trajectory but also pushes toward a more diversified and sustainable economy that is less dependent on growth industries like real estate and construction,” Lundy said. “I’m honored to work with this talented group of professionals and look forward to a productive year.”

Rounding out the Board’s leadership is SCF Arizona President and CEO Don Smith and Empire Southwest Executive Vice President Chris Zaharis as vice chairs, APS Vice President and Chief Customer Officer Tammy McLeod as secretary and Bryan Cave, LLP Partner R. Neil Irwin as treasurer.

New Board Directors include: Steve Banta, CEO of Valley Metro; the Honorable Denny Barney, District 1 Supervisor for the Maricopa County Board of Supervisors; Scott Bradley, Area Vice President for Waste Management; Mark Clatt, Area President for Republic Services; the Honorable Vincent Francia, Mayor of the Town of Cave Creek; Dr. Ann Weaver Hart, President of the University of Arizona; Bill Jabjiniak, Economic Development Director for the City of Mesa; the Honorable Michael LeVault, Mayor of the Town of Youngtown; Rich Marchant, Executive Vice President, Global Operations for Crescent Crown Distributing; Ryan Nouis, Co-Founder and President of Job Brokers; and Eric Orsborn, Councilmember for the Town of Buckeye.

“GPEC’s success is largely driven by its strong Board of Directors, all of whom reflect the region and state’s most accomplished professionals,” GPEC President and CEO Barry Broome said. “Every single one of them truly cares about our market’s success and serves as a community thought leader when it comes to competitiveness.”

Mayors from GPEC’s member communities and the organization’s Nominating Committee are responsible for nominating and appointing Board Directors. The one-year terms are approved during GPEC’s Annual Board meeting.

GPEC FY 2014 Board of Directors:

James Lundy – Chairman
CEO
Alliance Bank of Arizona

Don Smith – Vice Chair
President and CEO
SCF Arizona

Chris Zaharis – Vice Chair
Executive Vice President
Empire Southwest

Tammy McLeod – Secretary
Vice President and Chief Customer Officer
Arizona Public Service Company

R. Neil Irwin – Treasurer
Partner
Bryan Cave, LLP

William Pepicello, Ph.D. – Immediate Past Chair
President
University of Phoenix

Barry Broome
President and CEO
Greater Phoenix Economic Council

Richard C. Adkerson
President and CEO
Freeport McMoRan Copper & Gold

Jason Bagley
Government Affairs Manager
Intel

Ron Butler
Managing Partner
Ernst & Young LLP

Brian Campbell
Attorney
Campbell & Mahoney, Chartered

Michael Crow, Ph.D.
President
Arizona State University

Kathleen H. Goeppinger, Ph.D.
President and CEO
Midwestern University

Derrick Hall
President and CEO
Arizona Diamondbacks

Sharon Harper
President and CEO
The Plaza Companies

Ann Weaver Hart, Ph.D.
President
University of Arizona

Don Kile
President, Master Planned Communities
The Ellman Companies

Paul Luna
President and CEO
Helios Education Foundation

Rich Marchant
Executive Vice President, Global Operations
Crescent Crown Distributing

David Rousseau
President
Salt River Project

Joseph Stewart
Chairman and CEO
JPMorgan Chase Arizona

Hyman Sukiennik
Vice President
Cox Business

Karrin Kunasek Taylor
Executive Vice President and
Chief Entitlements Officer
DMB Associates, Inc.

Gerrit van Huisstede
Regional President Desert Mountain Region
Wells Fargo

Andy Warren
President
Maracay Homes

Richard B. West, III
President
Carefree Partners

John Zidich
Publisher & President
The Arizona Republic

Chuck Allen
Managing Director, Gov’t & Community Relations
US Airways

Steve Banta
CEO
Valley Metro

Denny Barney
County Supervisor-District 1
Maricopa County Board of Supervisors

Jason Barney
Principal and Partner
Landmark Investments

The Honorable Robert Barrett
Mayor
City of Peoria

Timothy Bidwill
Vice President
Vermilion IDG

Scott Bradley
Area Vice President, Four Corners Area
Waste Management

Norman Butler
Market Executive
Bank of America Merrill Lynch

Mark Clatt
Area President
Republic Services

Jeff Crockett
Shareholder
Brownstein Hyatt Farber Schreck

Wyatt Decker, M.D.
CEO
Mayo Clinic Arizona

George Forristall
Director of Project Development
Mortenson Construction

The Honorable Vincent Francia
Mayor
Town of Cave Creek

Rufus Glasper, Ph.D.
Chancellor
Maricopa Community Colleges

Barry Halpern
Partner
Snell and Wilmer

G. Todd Hardy
Vice President of Assets
ASU Foundation

Lynne Herndon
Phoenix City President
BBVA Compass

Linda Hunt
Senior VP of Operations and President/CEO
Dignity Health Arizona

William Jabiiniak
Economic Development Director
City of Mesa

The Honorable Robert Jackson
Mayor
City of Casa Grande

The Honorable Linda Kavanagh
Mayor
Town of Fountain Hills

The Honorable Andy Kunasek
County Supervisor, District 3
Maricopa County Board of Supervisors

The Honorable Michael LeVault
Mayor
Town of Youngtown

The Honorable John Lewis
Mayor
Town of Gilbert

The Honorable Marie Lopez Rogers
Mayor
City of Avondale

The Honorable Georgia Lord
Mayor
City of Goodyear

Jeff Lowe
President
MidFirst Bank

Paul Magallanez
Economic Development Director
City of Tolleson

Kate Maracas
Vice President
Abengoa

The Honorable Mark Mitchell
Mayor
City of Tempe

Ryan Nouis
Co-Founder & President
Job Brokers

Ed Novak
Managing Partner
Polsinelli Shughart

Eric Osborn
Councilmember
Town of Buckeye

Rui Pereira
General Manager
Rancho de Los Caballeros

The Honorable Christian Price
Mayor
City of Maricopa

Craig Robb
Managing Director
Zions Energy Link

The Honorable Jeff Serdy
Councilmember
City of Apache Junction

Steven M. Shope, Ph.D.
President
Sandia Research Corporation

James T. Swanson
President and CEO
Kitchell Corporation

Richard J. Thompson
President and CEO
Power-One

Jay Tibshraeny
Mayor
City of Chandler

John Welch
Managing Partner
Squire Sanders

Dan Withers
President
D.L. Withers Construction

The Honorable Sharon Wolcott
Mayor
City of Surprise

GENERAL COUNSEL
Bryant Barber
Attorney at Law
Lewis and Roca

maracay

Maracay Homes Opens 14th New Community for 2013

Maracay Homes celebrates the opening of two new East Valley neighborhoods at the Bridges of Gilbert master-planned community in Gilbert this month, where all-new floor plans with thoughtfully designed features await buyers eager to purchase a home in one of metro Phoenix’s most popular residential areas.

Prospective buyers are invited to virtually tour Arch Crossing at Bridges at Gilbert and Trestle Place at Bridges at Gilbert at www.MaracayHomes.com. Models also will be open for in-person tours starting from noon to 3 p.m. on Saturday, September 28th, at the neighborhoods, located on Ocotillo Road, east of Higley Road.

With its abundant recreation paths, neighborhood parks and family-friendly amenities, The Bridges at Gilbert is the perfect setting to showcase Maracay Homes’ New Arizona Living Collection of all-new contemporary home designs featuring more convenience, connectivity and choices. Arch Crossing offers six one- and two-story designs from the Insignia Collection, ranging from 1,980 to 3,769 square feet. A broad selection of features, such as spacious great rooms for centralized gatherings, walk-in kitchen pantries for additional storage and a secret passageway from the master closet to the laundry room, anticipate the lifestyles of today’s buyers. Bonus suites, 3-car garages, wrap-around porches and more, depending on the plan, complete the layouts.

Maracay Homes’ Trestle Place neighborhood at The Bridges at Gilbert, meanwhile, features one- and two-story plans from the New Arizona Living Collection’s popular Hallmark Collection. Front courtyards, expansive great rooms, walk-in pantries, bonus/teen/game rooms, generation suites and casitas, Jack-n-Jill bathrooms, 3- and 4-car garages and more, depending on the plan, are available in these spacious homes, which range from 2,302 to 4,152 square feet.

Home plans – which buyers can customize according to their individual needs using Maracay Homes’ FlexDesign® options – have been created with residents’ needs in mind. Each home in these two Gilbert new home communities are ENERGYSTAR® certified and built according to Maracay Homes’ LivingSmart® program for maximum performance and cost efficiency.

Arch Crossing and Trestle Place at The Bridges at Gilbert are among 11 new-home communities Maracay Homes is opening throughout Arizona this year, and are expected to be welcome additions to the East Valley new homes landscape. With easy access to both the Loop 202 San Tan and Superstition freeways, The Bridges at Gilbert community is within easy driving distance of a wide variety of shopping, entertainment and employment opportunities.

For more information or to schedule a tour, please contact Maracay Homes sales representative Shelly Miller at 480-458-7160.

87702112

Eastmark Grand Opening on June 1

The first new large-scale integrated community to launch in the Phoenix area in 10 years will hold a grand opening event from 10 a.m. to 5 p.m. on Saturday, June 1 to showcase its first phase of residential homes and the first phase of the Eastmark Great Park. Eastmark, located in the heart of the East Valley, is a vibrant new community focused on creating a connected life for its residents, employers and visitors.

To debut Eastmark to the public, DMB is planning a day of festivities that will include music throughout the parks system, family games and entertainment and activities for all ages to encourage the community to discover the lifestyle at Eastmark.

Tours of 20 new home models from seven homebuilders will be available to guests. Every home design in Eastmark features a new floorplan.

Eastmark’s phase one builders are:
Maracay Homes
Mattamy Homes
Taylor Morrison
Woodside Homes
Ryland Homes
Standard Pacific Homes
Meritage Homes Corporation

At the grand opening, visitors will be able to explore The ‘Mark, Eastmark’s Visitors and Community Center, enjoy the first 10 acres of the Eastmark Great Park, 11 neighborhood parks, piazzas and plazas and landscaped, tree-lined streets and parkways. Trollies and pedicabs will take guests around the community to enjoy outdoor concerts, kite flying and other demonstrations, food trucks and refreshments throughout the day.

“Eastmark is one of the most thoughtfully designed communities in the country. In our planning, we’ve artfully blended residential areas, employment cores, recreation and commerce to complement each other,” said Dea McDonald, DMB’s Senior Vice President and Eastmark’s General Manager. “Eastmark’s grand opening will give guests an opportunity to engage in ‘Life in Motion’ and enjoy fun, family-friendly activities and exciting looks at this community which is unlike anything else in Arizona.”

WHAT: Eastmark’s Grand Opening – Life in Motion
WHEN: 10 a.m. to 5 p.m. on Saturday, June 1, 2013
WHERE: Ray and Ellsworth Roads in Mesa
COST: Admission is Free

DETAILED SCHEDULE

Ongoing Fun
Star in the Eastmark Ad Campaign – 10:00 a.m. – 3:00 p.m. – Eastmark Great Park
DJ – 10:00 a.m. – 5:00 p.m. – Eastmark Great Park
Tillerman at Leisure World Yacht Club Demonstrations – 10:00 a.m. – 2:00 p.m. – Eastmark Great Park Lake
DMB Community Life Block Party – 10:00 a.m. – 5:00 p.m. – Kinetic Park
Summer Snowplay– 10:00 a.m. – 5:00 p.m. – Cambium Court
Face Painting – 10:00 a.m. – 5:00 p.m. – Cambium Court
Food Trucks Open – 10:00 a.m. – 5:00 p.m.

Eastmark Great Park
SuperTruck
Udder Delights
Aji Mobile Food
Sandra Dee’s Kitchen
Kinetic Point
Gourmet Command Center
Liberty Biscuit
Figueroa Green
Goodness Gracious Great Balls and Sliders
JG Superweenie

10:00 a.m.
Yoga in the Park – 10:00 a.m. – 10:40 a.m. – Selenium Park
Jodi Light and The Shining Star Band – 10:00 a.m. – 11:00 a.m. – Cambium Court
Arizona Sport Coalition Soccer Demonstrations – 10:00 a.m. – 10:40 a.m. – Lincoln Square

10:30 a.m.
Change on Three Jazz Group – 10:30 a.m. – 11:30 a.m. – Lumiere Garden
White Crane Tai Chi Instruction – 10:30 a.m. – 11:10 a.m. – Radiant Grove

11:00 a.m.
Yoga in the Park – 11:00 a.m. – 11:40 a.m. – Selenium Park
Rock Lobster Band – 11:00 a.m. – 12:00 p.m. – Kinetic Point
Brad Zinn Magic Show – 11:00 a.m. – 11:30 a.m. – Cambium Court
Arizona Sports Coalition Soccer Demonstrations – 11:00 a.m. – 11:40 a.m. – Lincoln Square

11:30 a.m.
Jodi Light and The Shining Star Band – 11:30 a.m. – 12:30 p.m. – Cambium Court
Center for True Harmony Wellness – Stress Management – 11:30 a.m. – 12:00 p.m. –  Lumiere Garden
White Crane Tai Chi Instruction – 11:30 a.m. – 12:10 p.m. – Radiant Grove

12:00 p.m.
Yoga in the Park – 12:00 p.m. – 12:40 p.m. – Selenium Park
Arizona Sport Coalition Soccer Demonstrations – 12:00 p.m. – 12:40 p.m. – Lincoln Square
Change on Three Jazz Group – 12:00 p.m. – 1:00 p.m. – Lumiere Garden

12:30 p.m.
Rock Lobster Band- 12:30 p.m. – 1:30 p.m. – Kinetic Point
Brad Zinn Magic Show – 12:30 p.m. – 1:00 p.m. – Cambium Court
White Crane Tai Chi Instruction – 12:30 p.m. – 1:10 p.m. – Radiant Grove

1:00 p.m.
Yoga in the Park – 1:00 p.m. – 1:40 p.m. – Selenium Park
Jodi Light and The Shining Star Band– 1:00 p.m. – 2:00 p.m. – Cambium Court
Arizona Sport Coalition Soccer Demonstrations – 1:00 p.m. – 1:40 p.m. – Lincoln Square

1:30 p.m.
Sirocco Jazz Group – 1:30 p.m. – 2:30 p.m. – Lumiere Garden
White Crane Tai Chi Instruction- 1:30 p.m. – 2:00 p.m. – Radiant Grove

2:00 p.m.
Rock Lobster Band– 2:00 p.m. – 3:00 p.m. – Kinetic Point

2:30 p.m.
Night Groove Band – 2:30 p.m. – 3:30 p.m. – Cambium Court
Center for True Harmony Wellness Relaxation Techniques – 2:30 p.m. – 3:00 p.m. – Lumiere Garden

3:00 p.m.
Sirocco Jazz Group – 3:00 p.m. – 4:00 p.m. – Lumiere Garden

3:30 p.m.
Rock Lobster Band – 3:30 p.m. – 4:30 p.m. – Kinetic Point

4:00 p.m.
Night Groove Band — 4:00 p.m. – 5 :00 p.m. – Cambium Court

maracay

Maracay Invests $4M in Arizona Living Collection

Maracay Homes unveiled a new generation of home designs comprised of forty-six entirely new plans organized into eight separate series as part of their New Arizona Living Collection.  A result of over $4 million in investment and more than two years of research and market observation, the new designs address the unique needs, preferences and lifestyles of the post-recession Arizona homebuyer.

“With the New Arizona Living Collection, Maracay Homes has taken a fresh approach to home design for Arizona,” said Andy Warren, President and CEO at Maracay Homes. “The plans not only keep pace with current lifestyle trends, they anticipate home owner experiences and preferences in 2013 and beyond.”

Building on the customization that Maracay Homes’ FlexDesign® program already provides, the New Arizona Living Collection is a mix of housing choices and amenities designed to attract buyers across all demographics.

“The unique new features of the New Arizona Living Collection homes are so intuitive home buyers may wonder how they previously lived in homes without them,” Warren said.   Features like an “owner’s entry”—with cubbies for personal items and a technology station for docking cell phones and electronic devices—replace the traditional laundry room entrance through the garage. Most laundry rooms have moved from the garage entrance to behind the master closet. A secret passageway allows homeowners to access the laundry room from the master closet, creating a more efficient way to manage laundry and housekeeping needs.

Generation suites have been added for multi-generational households. Expansive bonus rooms provide space for the hobbyist. Large islands are at the heart of open kitchens designed for connectivity and socializing. In lieu of formal dining rooms or home theaters are flexible working nooks, serving as a casual home office or study room. Jack-n-Jill Baths are convenient for family’s growing needs.  Outdoor living rooms integrate nature into the home, expanding everyday living spaces beyond the four walls. Spa-like master bathrooms elevate homes from simple to sophisticated.

Six architectural styles celebrate Arizona influences with Spanish, Mission, Hacienda, Prairie, Craftsman and Italiante design themes. Exterior design details such as front courtyards or wrap-around porches provide a varied streetscape not dominated by a front wall or garage door.  Architectural details are not dedicated to front elevations only. Rear roof designs create a diverse rear-elevation yard-scape.

In addition to innovative features and appealing aesthetics, Maracay Homes’ LivingSmart® program, offering the latest energy-efficient technologies and sustainable building practices, is incorporated into these new plans. These design elements, components and appliances offer the latest in comfort and performance as well as cost savings.

Maracay Homes employed a consumer-centric, multi-faceted approach to the design. Through dialogue with customers, input from sales associates and interviews with post-recession homebuyers, Maracay Homes understood the consumer needs first and then translated the ideas architecturally to create innovative and functional space arrangements.

“In the post-recession housing market, consumers are seeking as much value as they can afford while maintaining the ability to have choices in their home design preferences. The New Arizona Living Collection demonstrates Maracay Homes’ grasp of specifically how Arizona buyers want to live now, in a post recession world,” Warren said. “More than just a place to spend time, they desire a home that effortlessly conforms to and even improves their lifestyle. They demand convenience, connectivity, affordability and work/life balance. They also want their home to match with our indoor-outdoor Arizona-style of living. And they want their homes to be beautiful!”
Maracay Homes developed the New Arizona Living Collection in partnership with two award-winning, national architecture firms, BSB Design and D33 Design.

The New Arizona Living Collection home plans are debuting at Maracay Homes’ new communities opening this year including Vaquero Ranch & Artesian Ranch in Chandler, Lyon’s Gate and Bridges in Gilbert, Eastmark in Mesa, Montelena and Villagio in Queen Creek, Los Vientos & Calderra at Palm Valley in Goodyear, and The Reserve in Peoria.  Visit www.maracayhomes.com for more information.

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Maracay collects toys to help ill children

Maracay Homes is collecting toys for their annual ‘Fill Our House With Love‘ Toy Drive to bring joy to chronically and terminally ill children involved with Starlight Children’s Foundation Arizona.

Toy donations such as Play-Doh, stuffed animals and action figures for kids ranging from 2 to 18 years old may be dropped off at any Maracay Homes community now through December 21. Items will be hand delivered at a holiday celebration held at the Phoenix Zoo Lights event in honor of these brave children and their families.

“Maracay Homes is proud to be a part of the Starlight Foundation’s mission to improve the quality of life of chronically and terminally ill children and to make the holidays brighter for kids in Arizona hospitals. Serving the community is a critical part of what we do at Maracay Homes,” said Andy Warren, president of Maracay Homes.

Financial donations are appreciated as well. Checks written to the Starlight Children’s Foundation can be dropped off at a Maracay Homes community.

For more information, contact any Maracay Homes community or call 480-970-6000

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GPEC honors Maracay Homes’ president, House Speaker

The Greater Phoenix Economic Council (GPEC) honored Arizona House Speaker Andy Tobin and GPEC Board Director Andy Warren, president of Maracay Homes, at its annual dinner.

Speaker Tobin was awarded GPEC’s Outstanding Regional Contribution award for his successful legislative efforts to help increase Arizona’s economic competitiveness, particularly with this year’s passage and enactment of HB2815, the Qualified Facilities Tax Credit and 2011’s HB2001, the Arizona Competitiveness Package. HB2815 expanded the Renewable Energy Tax Incentive Program to other export-based manufacturers and lowered long-term capital gains taxes. HB2001 created the Quality Jobs Program, reduced corporate income taxes and increased the state’s Research and Development tax credit, among many other accomplishments.

“Speaker Tobin moved the ball forward enormously with the Qualified Facilities Tax Credit, which single-handedly raised Arizona’s competitiveness ranking from last to fourth,” said GPEC President and CEO Barry Broome. “This $630 million program is the most aggressive investment tax credit in the country – a game-changer for the region’s economic development prospects. I’m very grateful to Speaker Tobin for his leadership both at the legislature and within the economic development community.”

Warren received the Distinguished Service Award for his leadership in spearheading GPEC’s resource development efforts, including a new focus on multi-year commitments. He was successful in securing 50 percent of private investments for the next three-to-five years, helping to ensure a continued sustainability with GPEC’s key strategic initiatives in the international, science, technology and innovation sectors.

“In the span of just a few years, Andy has catapulted from a Valley newcomer to an exemplary community leader,” Broome said. “His work on GPEC’s resource development efforts has been successful largely because of his enthusiasm and commitment to the work we do diversifying the region’s economy and creating sustainable job growth.”

The dinner, GPEC’s premier annual event, celebrated GPEC’s success in the 2012 fiscal year, including a new record of 36 companies expanding or relocating to the region – the most ever in the organization’s 23-year history. This exceeds last year’s record-breaking 31
companies, making fiscal years 2011 and 2012 the best two years in terms of companies assisted since GPEC’s inception. This year’s dinner was sold out with an all-time high attendance of nearly 600.

“GPEC is proud to recognize Speaker Tobin and Andy Warren as two extraordinary leaders in the Greater Phoenix community,” said Jim Lundy, CEO of Alliance Bank of Arizona and GPEC’s new board chairman. “Both men have done tremendous jobs to cultivate economic growth and further GPEC’s mission and we are proud to celebrate their achievements.”
For more details about GPEC’s successes in FY12, visit www.gpecannualreport2012.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.

maracay

Maracay Homes, JEN Partners Close Of 74 Lots In Chandler

JEN Partners closed on 23-acres east of the south-east corner of Ocotillo Road and Lindsay Road in Chandler. Known locally as the Pastorino Dairy, the final plat is approved for 74, 60’ x 120’ lots and was annexed, zoned and platted by Maracay Homes.

Opening spring of 2013, the community will be named Vaquero Ranch and feature Maracay Homes’ 45’ wide home series ranging from 1,800 – 3,700 square feet.  Prices will be based on market conditions at opening date.

“This acquisition is a good example of Maracay’s continued pursuit of land opportunities in premium locations with capital efficient transaction structures,” said Tom Lemon, VP of land acquisitions and development for Maracay Homes. “Maracay Homes is excited about the opportunity to develop a land banking relationship with a well capitalized partner that has significant local market and home building expertise.”

JEN Partners, a NY Private Equity Firm managed locally by TerraWest Communities, paid $2.3 million for the property.  The seller was the Estate of Londo Pastorino.  Under separate agreements with JEN Partners, an entity of Maracay Homes, Maracay VR, LLC, will develop the home sites and purchase them on a rolling option basis.

Donna Bolen of Arizona Enterprises brokered the underlying purchase.  No broker was involved in the land bank transaction.

dmb associates

DMB Associates Names 7 Builders To Be Part Of Eastmark

The first phase of residential development at DMB Associates’ Eastmark includes seven of Arizona’s most respected homebuilders, adding more than 700 new homes in Mesa, Arizona. In keeping with Eastmark’s commitment to create a mix of residential options for its neighborhoods, the mix of builders includes national, publicly traded, regional and local homebuilders. The builder roster includes: Maracay Homes (NYSE: WY), Mattamy Homes, Taylor Morrison, Woodside Homes, Trend Homes, Standard Pacific Homes (NYSE: SPF) and Meritage Homes Corporation (NYSE: MTH).

“The commitment of these builders represents an unprecedented level of confidence in Arizona’s residential market backed by promising economic indicators,” said Dea McDonald, DMB Senior Vice President and Eastmark General Manager. “We are seeing a resurgence in homebuilding activity in Arizona and in the East Valley. These builders see the value in Eastmarks’ strategic location and integrated plan, which positions this community to be an economic and employment engine for the East Valley and greater region.”

According to a report by Arizona State University’s Center for Real Estate Theory and Practice at the W.P. Carey School of Business, the inventory of previously owned houses for sale in the metro Phoenix area dropped 54 percent in April 2012 from a year earlier. This lack of supply is driving the demand of new homes, sales of which surged 43 percent from April 2011.

“As the first large-scale community to launch in Arizona in nearly a decade, Eastmark is being closely watched,” said Charley Freericks, DMB President. “We are designing the community with the ‘new normal’ in mind. People are putting higher values on a sense of community, proximity to employment and environmental stewardship. Each building partner is creating designs specifically for Eastmark and all are equally committed to the vision of this community.”

Homebuilders are accredited at the Energy Star 3 level for constructing energy efficient homes. They will soon break ground in preparation for Eastmark’s grand opening in May 2013. The seven builders’ combined investment in land and improvements is nearly $50 million and hundreds of jobs are expected across the ten neighborhoods within this first phase.

Each neighborhood will take advantage of the planned 100-acre Great Park and their own community parks, while also encouraging connections to the planned employment and retail centers. The first phase of development features 12 parks throughout Eastmark, providing gathering points for neighborhoods and enhancing the sense of community.

DMB’s Eastmark Phase One Builders and Number of Homesites:

  • Maracay Homes (NYSE: WY) – 165
  • Mattamy Homes – 163
  • Taylor Morrison – 103
  • Woodside Homes – 96
  • Trend Homes – 84
  • Standard Pacific Homes (NYSE: SPF) – 58
  • Meritage Homes Corporation (NYSE: MTH) – 40

At five square miles (3,200 acres), Eastmark is a vibrant, integrated and evolving regional community poised as “The Heart and Hub of the East Valley.” Eastmark sits at the center of a major transportation hub anchored by the Phoenix-Mesa Gateway Airport, three major freeways, numerous businesses and acclaimed educational institutions. An expansive 100-acre Great Park connects residential areas, resort components, employment cores, recreational spaces and commerce. Eastmark is the largest privately held, contiguous property in the Southeast Valley.

To learn more about Eastmark, visit www.Eastmark.com. Visit DMB Associates at dmbinc.com.