Tag Archives: Verrado

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.

The Loop 303 interchange is under construction. Photo courtesy of ADOT.

Headed for a boom, the West Valley is ready to go

Clumps of curved freeway fragments balancing on massive pillars of concrete resemble a giant modern art sculpture greeting Interstate 10 travelers through the far West Valley of the Phoenix Metro.

Later this year, those “art” segments will gel into a multi-level interchange linking the I-10 and the Loop 303, and launch the area’s burgeoning commercial development into warp speed.

Kevin Czerwinski, Merit Partners

Kevin Czerwinski, Merit Partners

The new interchange “will be a game changer,” said Kevin Czerwinski, president of Merit Partners, broker for the 1,600-acre, master-planned business park PV303, which straddles the confluence of those roadways and stretches north along the Loop 303 to Camelback Road.

For nearly a decade, the West Valley, loosely defined as everything west of Interstate 17, has been quietly emerging as the metro area’s hotbed for commercial development. It has been fueled by dwindling East Valley land availability and affordability and better transportation access. After completion of the Loop 101, developers quickly gobbled up land along the freeway for homes, shops and businesses. Then they continued the westward expansion.

Now the Loop 303 is offering another close-in frontier and shovel-ready options for new and growing businesses to expand or set down roots in the metro area. The nearly completed semi-circle of highway linking the I-10 and the I-17 will provide a high-speed route to northern states, bypassing metro area traffic congestion — a boon to companies like Dick’s Sporting Goods, which recently completed a 720,000 SF distribution center in PV303 to service its Western U.S. stores, Czerwinski said. And to other retailers such as Macy’s, TJ Maxx/Marshall’s and Target, e-commerce giants such as Amazon, and high-end manufacturers such as Sub-Zero and Cookson Doors that ferry lots of merchandise intra- and inter-state.

It’s more than just big-box industrial sites popping up in the West Valley.

John Graham, Sunbelt Holdings

John Graham, Sunbelt Holdings

Acres of farm land or empty desert hide the fact that in the offices of forward-thinking developers and savvy city economic strategists, there are detailed plans for office, light industrial and retail centers, medical complexes and regional malls to be built on that un-shoveled land.

“The West Valley’s day is coming,” said John W. Graham, president of PV303 developer Sunbelt Holdings.

Sunbelt was a big player in the East Valley boom of the 1990s and early 2000s, developing residential communities from McDowell Mountain Ranch in Scottsdale to Power Ranch in Gilbert and mixed-use complexes such as Hayden Ferry Lakeside in Tempe. Graham says the same scenario is playing out west of Phoenix now. Land Advisors CEO Greg Vogel compares Goodyear today to Gilbert of a decade ago.

First came the houses
As available and affordable East Valley land dried up, a spate of residential building in well-designed West Valley communities such as Vistancia, Estrella and Verrado have attracted home buyers at all price points, Vogel said.

Greg Vogel, Land Advisors

Greg Vogel, Land Advisors

A whopping 35 to 40 percent of Phoenix metro area residents now live in the West Valley, Vogel said. And all those people need places to shop, bank, and find medical care.

“Residential drives everything,” he said.

Now supermarket-anchored shopping centers and big-box power centers are springing up, two regional malls are on the drawing board, and spec office buildings are breaking ground — despite Valleywide office vacancy rates topping 22 percent. The completion of the Loop 303 interchange will accelerate that trend as it eases drive time for those who work in Phoenix but live in the far West Valley — or want to, Vogel said.

Goodyear, which is in the enviable location at the foot of the new interchange, has been proactive pitching its bounty. That includes PV303 and Goodyear AirPark, a 267-acre, shovel-ready business park at Litchfield Road and Highway 85, said Sheri Wakefield-Saenz, the city’s development services director. And Wakefield-Saenz expects Westcor’s long-planned 1.1 MSF Estrella Falls regional mall to start ringing up sales — and sales tax — in 2016.

Sheri Wakefield-Saenz, Goodyear

Sheri Wakefield-Saenz, Goodyear

Wakefield-Saenz predicts that even more executive offices, high-end retail and high-quality manufacturing businesses will clamor for space in Goodyear during the next decade because of the in-place infrastructure and the educated workforce already living there.

Farther north in Surprise, the story is similar. In 2008, Sands Chevrolet built the first dealership in Prasada, a 4-square-mile, mixed-use development straddling the Loop 303. Now car buyers can shop at eight different dealerships at 303 AutoShow. And more are coming, said Jeff Mihelich, Surprise’s assistant city manager in charge of the Community and Economic Development Department. Neighborhood shopping centers are in the ground or on the drawing board as well, and another regional mall is pegged to land in Prasada, although no date has been announced.

Jeff Mihelich, Surprise

Jeff Mihelich, Surprise

But Mihelich doesn’t want to just provide shops and services and ease the daily commute for Surprise residents. He wants to lure more quality office and industrial employers so that residents can live, work and play in their hometown. Five years ago, Surprise reorganized its economic development department and goals to focus on becoming a major employment base, “concentrating on head-of-household jobs — people who will buy homes, go to restaurants,” he said. Major strategies included streamlining approval processes, persuading developers to pre-plan projects and build infrastructure before target tenants showed up, encouraging spec building, and aggressively marketing all those attributes, Mihelich said. That positions Surprise to take advantage of pent-up business expansion plans as the recent recession wanes, he said.

“When companies are expanding, they often have contracts in hand,” he said. Having property ready to build on can mean the difference between landing or losing a major employer, he said.

Optimistm Abounds
That optimism and pre-planning is not just happening in Goodyear and Surprise. Thanks to a wealth of available and affordable land, developers are eyeing West Valley cities from Avondale and Buckeye to Peoria and Glendale as future business hubs.

Justin Miller, Alter Group

Justin Miller, Alter Group

The Alter Group teamed up with property owner John F. Long to take advantage of the area’s growing popularity among home builders and buyers by developing three major business parks to attract employers. Algodon Center is a 1,000-acre mixed-use campus in Avondale and west Phoenix, Aldea Centre is a 150-acre business park at 99th Avenue and Bethany Home Road, and the 229-acre Copperwing Business Park is adjacent to Glendale Airport. All three have infrastructure and zoning in place and the flexibility to accommodate Class-A, back-office and light manufacturing operations, said Justin Miller, Alter Group vice president.

“The West Valley is a big component of our future,” Miller said. “It’s an area that Corporate America can use and expand because of the abundance of land.”

He’s not concerned about high office vacancies in the metro area. The easy commute for all those road-weary West Valley residents and shovel-ready land are compelling draws for big and small employers as they ramp up their businesses, he said. Valley dwellers who haven’t ventured west of the I-17 for years might be surprised to see the explosive growth.

“If people have not been to the West Valley in a while, they should come and take a look at us,” Mihelich said. “It’s truly a robust market. People outside of Arizona are noticing.”

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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

Victory at Verrado

DMB Associates Unveils Vision for Verrado’s 'Next Generation Community'

Victory Rendering 2, DMBDMB Associates broke ground today on “Victory,” totaling approximately 1,200 acres, representing the next generation of communities for people 55+ years and better.

“We’ve created a neighborhood in our thriving small town community of Verrado where people can explore the life they have waited to live for at least 55 years,” said Charley Freericks, president of DMB. “With Victory, DMB Associates has shifted the paradigm in how communities are planned to provide meaningful and authentic experiences for Baby Boomers.” 

This new district is the culmination of years of consultation with lifestyle, health and medical experts to design a place that lives up to the aspirations of residents. Victory offers exclusivity and the connection of being part of the tightknit, multigenerational Verrado.

“We are living longer, healthier lives and expectations have changed for how we want to live,” said Nick Taratsas, DMB senior vice president and general manager of Victory. “The Boomer generation looks realistically at living to 100 years old. Victory provides the necessary flexibility for Boomers who want to work, stay healthy, have fun and be actively engaged in the community.”

Known for developing communities with a strong sense of place, DMB learned from experts from Arizona and across the country. 

Experience Matters, a Phoenix-based organization connecting Boomers with nonprofits, highlighted the importance of meaningful engagement including an encore career, a part-time job and/or volunteering in ways that take advantage of Boomers’ expertise, experience and education within the community. 

The Gray Institute, a Michigan-based organization that collaborated with Nike to develop their Professional Golf Training Program, inspired DMB to look at opportunities to include strength, coordination and power resiliency activities into Victory for all “athletes.” 

DMB also consulted Dr. Walter Bortz, a clinical professor of medicine at Stanford University. Bortz instilled in DMB the importance of physical, mental and human connectivity to people, places and community as well as the benefits of taking a walk instead of a pill.  

DMB hired Hart Howerton, one of the nation’s leading architectural and planning firms based in New York and San Francisco, to design the centerpiece of Victory with the advice of experts and future residents. Hart Howerton has earned international accolades for their work with properties like the Four Season Resorts. They also have been the creative force behind well-known places like Palmetto Bluff in South Carolina.

With 3,500 homes at build out, Victory will be the first active adult community to offer homes designed and built by multiple home builders, providing innovative home plans, many options to personalize, more choices for the consumer and diverse neighborhoods.   

Victory’s neighborhoods have been designed to take advantage of the new 18-hole golf course and open desert landscape as it winds through the neighborhoods with an extensive path and trail system, connecting residents with Verrado and the White Tank Mountains.

Banner Good Samaritan

E.V. residents can preview Banner Health Center

East Valley residents and visitors can be among the first to see the new Banner Health Center at a free “Community Preview” from 8 to 11 a.m. on Saturday, Aug. 3, at the center located at 1435 S. Alma Road, south of the Loop 202 between West Pecos and West Germann Roads.

Participants can hear the opening remarks and join in the dedication at 8:30 a.m., followed by a celebration including healthy snacks, giveaways, children’s activities and information about Banner Health facilities and services. Community members are invited to meet the center’s primary care physicians and staff, tour the new center, and even make an appointment to see a physician.

Banner Health Center in Chandler will open for patient care on Wednesday, Aug. 7 starting at 7 a.m. Staff physicians will include two pediatricians, three family medicine physicians and one internal medicine physician with plans to increase in the future. Along with 18 exam rooms, basic imaging and laboratory services are also available on site for added patient convenience.

Banner Health Centers accept most insurance plans. The center will be open from 7 a.m. to 7 p.m. Monday through Thursday, 7 a.m. to 5 p.m. Friday, and 8 a.m. to 1 p.m. Saturday with same day and next day appointments available. Concierge staff answers the phones one hour before and one hour after center hours. To schedule an appointment or for more information, call (480) 668-1600.

The center will offer a wide range of services including:
·         Well-child checkups and immunizations
·         Adult physcials
·         Care for chronic conditions such as diabetes, high blood pressure and asthma
·         Treatment for ear aches, sore throats and infections
·         Sports injury and fracture care
·         Minor skin irritation treatment
·         Cuts and suture removal

The Banner Health Center in Chandler is the third of four in the East Valley to open after a shared groundbreaking on Oct. 25, 2012. Banner Health Center in Queen Creek opened May 1; a center in Gilbert opened May 22 and another will open in East Mesa in early September. An additional Banner Health Center opened in Goodyear within the planned community of Estrella on July 10, joining the existing Banner Health Centers in Peoria/Sun City West, Surprise, Buckeye in the Verrado Community, Maricopa, and South Loveland, CO.

Banner Good Samaritan Hospital

Banner Health Center preview on June 29

West Valley residents can tour the new Banner Health Center in Goodyear from 8 to 11 a.m. on Saturday, June 29.The Center is designed to support high quality, convenient health care for the entire family.

Attendees will hear remarks by Banner Medical Group CEO Jim Brannon and Goodyear Mayor Georgia Lord at 8:30 a.m., followed by a celebration including food, tours, giveaways, children’s activities and information about Banner Health facilities and services. Community members are invited to meet physicians and staff and even make an appointment.

“We want to become part of the fabric of the community by becoming the medical home residents look to for help in keeping their families healthy,” said Jim Brannon, chief executive officer of Banner Medical Group. “This Banner Health Center is designed to provide primary care to the entire family in one space. We want it to be the place you would choose for prevention, wellness, basic and complex medical care and the advice you need to thrive with chronic health conditions.”

At opening on July 10, staff physicians will include family practitioners and pediatricians. Banner Health Centers accept most insurance plans. The Center will be open extended hours from 7 a.m. to 7 p.m. Monday through Thursday, 7 a.m. to 5 p.m. Friday and 8 a.m. to 1 p.m. Saturday. Same-day appointments will also be available. Laboratory and X-ray services are also on-site.

Banner Health Center in Estrella will also be the gateway to the incredibly comprehensive services offered throughout Banner Health system, including Banner Estrella Medical Center and specialty facilities such as Banner MD Anderson Cancer Center, Cardon Children’s Medical Center and Banner Concussion Center.

This location at 9780 South Estrella Parkway joins the existing Banner Health Centers offering health care where you want it and how you want it in Gilbert, Queen Creek, Surprise, Verrado and Maricopa, Ariz. as well as South Loveland, Colo. For more information on the Banner Health Center in Estrella, visit www.BannerHealth.com/HealthCenterEstrella.

homes

Shea Homes reports steady sales for Q1

Shea Homes saw its sales hold steady through the first quarter of 2013, with its West Valley communities seeing higher than normal sales. Close to two thirds of the sales for Q1 came from Shea’s West Valley communities in Peoria, Buckeye, and Litchfield Park, which is a turn from the boom of its East Valley communities.

“Our overall traffic is up and sales have remained steady from last year, which was a huge recovery over 2011,” said Ken Peterson, VP of Sales and Marketing for Shea Homes. “We have seen hot spots in the West Valley- specifically our luxury homes at Vista Montaña in Peoria, where home prices have averaged $600,000.”

Shea’s two newest product lines, luxury homes and luxury villas, have shown tremendous growth so much so that an additional 23, out of a total of 43 homesites, were opened at Vista Montaña II earlier this year and the luxury villas are being expanded to a new community breaking ground in Verrado later this summer. The new community, called Vallarta at Verrado, will feature 63 homesites with luxury villa floor plans similar to Shea’s Vistancia community; Caletas at Blackstone.

Shea has been active in the East Valley as well, specifically San Tan Valley and Gilbert, where its innovative product SPACES at Evans Ranch has only one inventory home left. Evans Ranch was opened in May 2012 and has sold out ahead of projections. Shea Homes is currently building 9 models at Marbella Vineyards opening late-summer and getting ready to break ground for models at their Bridges communities in Gilbert. With close to 500 lots soon available and showcasing a completely new approach to homebuilding Shea Homes continues to challenge industry standards.

“Our homes at Marbella will be something the Valley has never seen before in homebuilding, it will completely redefine the concept of how the industry has built homes in the past,” said Peterson. “This summer will be an exciting one for us.”

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Banner Health Center in Verrado to Open Sept. 24

After a long relationship with the community, Banner Health will open its fourth Banner Health Center at 20751 W. Market St. in the community of Verrado.

The new center will begin serving patients in the West Valley on Monday, Sept. 24.

At opening, staff physicians will include a family practitioner and pediatrician, though a third physician is already planned and the center is able to easily grow with community needs. Basic imaging and laboratory services are available onsite for added patient convenience. Electronic medical records at the center are accessible from all Banner hospitals and facilities.

“Banner Health Center may be our first official structure in Verrado, but Banner has a relationship with this community that dates back nearly a decade,” said Jim Brannon, chief executive officer for Banner Medical Group. “We have long provided care to many of its residents via Banner Estrella Medical Center, but are so pleased to bring Banner caregivers close to home for these valued neighbors.”

Verrado, Buckeye and other West Valley residents are invited to attend the Banner Health Center Community Preview Event scheduled Sept. 15 from 9 a.m. to noon at the center. Participants can hear the opening remarks and join in the dedication at 9:30 am, followed by tours, food, screenings, giveaways and information about Banner Health facilities and services. Also, meet physicians and staff from the center, and even make your introductory patient appointment.

Banner opened Banner Health Center in Maricopa on May 16 of this year, and it has already exceeded projections for patient volume. Banner Health Center in Southwest Loveland (Colo.) opened on Aug. 6.

Additionally, there is an existing Banner Health Center in Peoria/Sun City West. There are plans to open yet another Banner Health Center in Surprise in October. Four sites in the East Valley of metro-Phoenix have been slated for 2013.

The project budget was $7.5M. McCarthy Building Companies was the general contractor and SmithGroupJJR was the architect. Phase I was 12,500 SF, 18 exam rooms; Phase III (final build-out) was 36,000 SF, 54 exam rooms.