New home builders are showing “signs of life” in Arizona, especially in the East Valley, one economic expert says. But it still may be a while before the state returns to “normal levels.” […]
Read moreArticle by Catherine Reagor – The Arizona Republic Metro Phoenix’s housing-market recovery has spread to the new-home market. Building permits, new-home sales and prices have been climbing steadily this year. All are long-awaited positive signs for one of Arizona’s biggest and most-important industries. Last week, seven builders finalized deals to spend more than $50 million […]
Read moreArticle by Kristena Hansen – Phoenix Business Journal Plans for the Eastmark resort and conference center still are in limbo, but DMB Associates Inc. is moving forward with the residential component of its East Mesa master-planned community. An eclectic mix of builders will erect 700 homes there by next spring. In a deal expected to […]
Read moreArticle by Catherine Reagor – azcentral.com Builders are spending $50 million to buy the first home lots in Mesa’s Eastmark, the former location of the GM Proving Grounds. It’s the first major multiple-builder land purchase in a new metro Phoenix community in five years. Houses on the 709 lots bought by seven builders will be […]
Read moreArticle by Karrin Kunasek Taylor – azcentral.com Mesa, Gilbert, Chandler and Tempe continue to have some of the most desirable neighborhoods for families, retirees and students. An emphasis on high-performing schools and the attraction of a diverse set of higher-education opportunities will continue to attract people here. After a tough couple of years for the […]
Read moreArticle by Arizona Builder’s Exchange Straddling the under-construction Gateway Freeway, Eastmark’s direct connection to Loop 202 connects existing East Valley workforce with new job growth. With the highest concentration of advanced degrees in Arizona, combined with Gilbert and Mesa economic development efforts, DMB is readying the ground for new job-focused development. Eastmark housing can wait. […]
Read moreArticle by Jim Cross – ktar.com PHOENIX — The first of what could eventually be thousands of homes at the old General Motors proving ground in Mesa goes up next year Developer DMB bought the land six years ago before the housing crash. The company shelved plans for building homes and focused on bringing big […]
Read moreArticle by J. Craig Anderson – azcentral.com Bernards, a commercial builder based in Los Angeles, has been named one of several general contractors for Eastmark, a massive, planned mixed-use development in Mesa. Mike Rock, vice president of Bernards’ Phoenix office, will oversee the grading operations of the first 11 neighborhoods in a 2,400-acre, multi-phase project, […]
Read moreArticle by the Arizona Republic – azcentral.com It will be another year before houses go up on one of the last large pieces of residential land in Mesa, even though the developer bought it six years ago. The former General Motors Co. proving ground in east Mesa sold at the height of the housing boom […]
Read moreArticle by AZRE – azremagazine.com The ceremony, held near the intersection of Ray and Ellsworth roads in Mesa, was attended by about 50 people, including partners, DMB Associates executives and East Valley leaders, including Mesa Mayor Scott Smith and Councilman Scott Somers. “This is not only the start of a community, but decades of meaningful […]
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