Queen Creek

This article originally appeared in the Phoenix Business Journal.

The Church of Jesus Christ of Latter-day Saints — one of the largest private landowners in Arizona — plans to develop a gated rental community in Queen Creek.

On Oct. 18, the Queen Creek Town Council unanimously approved zoning changes to the land near Pima and Meridian roads to pave the way for development.

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This article originally appeared in the Phoenix Business Journal.
A New York-based real estate private equity fund manager and developer is investing $100 million in the Valley’s rapidly growing build-to-rent market, in which detached single-family homes are constructed in a rental community with rich amenities.

GTIS Partners LP is developing a build-to-rent community in Queen Creek, paying $7.9 million for a 26-acre parcel on April 20. Phoenix-based Sonoma Communities is co-developing that project at the northeast corner of Riggs and Ellsworth roads. Read more

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