Teravalis
Douglas Ranch is a proposed 33,800-acre (137 km2) community in Buckeye, Arizona, located 25 miles (40 km) west of Phoenix, Arizona, United States. The project had been anticipated to break ground in 2012, [1][2] but was delayed due to a housing crisis that overtook the Phoenix metropolitan area in 2008. Development resumed in 2019.[3]
Douglas Ranch plan
Douglas Ranch will be larger than the city of Tempe, Arizona, and will be expected to take 25 to 50 years to complete, housing a population of 250,000 to 300,000 residents. The community is divided into 27 separate planning areas and will include a 300-acre (120 ha) central park, a university, 50 million square feet (4.6 km2) of commercial and office space, 110,000 residential units, 22 golf courses, 150,000 jobs, light rail, and a new freeway.[4]
Project status
The development is partly owned by Jerry Colangelo. The project was approved on May 20, 2003, However, no specific development schedule was established.[5] Douglas Ranch developers are currently monitoring the development activity in Arizona and will continue to prepare Douglas Ranch for development when economic conditions improve and the recession rebounds.[6]
In January 2019, the developer announced that the first 1000 lots would be sold to the public in 2019–2020.[3]
References
- ^ "Buckeye's Douglas Ranch". Arizona Republic. August 29, 2007. Retrieved 2007-08-29.
- ^ "Buckeye awakening to major growth". Phoenix Business Journal. October 31, 2003. Retrieved 2003-10-31.
- ^ a b "Jerry Colangelo developing ambitious West Valley 'city of the future'". KTAR.COM. Jan 23, 2019. Retrieved January 23, 2019.
- ^ Creno, Glen (2007-02-04). "Housing site in Buckeye sold for $86 million". Arizona Republic. Retrieved 2007-02-04..
- ^ Berg, Nate (November 28, 2007). "'Solar City' Planned For Arizona". Planetizen. Retrieved 2007-11-28..
- ^ Clayton, Robin (2007-02-27). "Buckeye's Douglas Ranch plans 100,000 houses". West Valley View. Archived from the original on 2011-07-18. Retrieved 2007-02-27.
External links
33°40′57″N 112°44′46″W / 33.6824°N 112.746°W
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