Maracay Homes has closed on 91 premium homesites in Chandler, Arizona for a total purchase price of $9 million dollars.
The 37-acre parcel, located at the southeast corner of Cooper and Riggs roads, will be developed into Windermere Ranch, a new single-family home neighborhood featuring all single-story homes built on 10,000 square-foot lots and will range from 2,600 to 3,500 square feet. The community is scheduled to begin development in late 2017 and open in early 2019.
“Maracay is excited for the opportunity to develop another premium community within the highly sought after and land-constrained Chandler submarket,” said Alex Rihl, Maracay Homes senior land acquisition specialist.
Windermere Ranch is conveniently situated in Chandler’s fast-growing southern region, just minutes from the city’s s iconic downtown area and major East Valley employment centers, shopping, dining and other amenities via the SanTan Freeway.
