Home Builders Showing More Interest In Infill Sites

The Phoenix Business Journal, reports that Valley home builders are looking closer in at infill sites as the growing population causes more demand for housing closer to the city core. Pulte Homes and Meritage Homes are cruising Phoenix' central corridor for land for high density developments. Infill sites are becoming harder to find, which makes them more expensive. The builders look for high density to offset the high land price. As commutes get longer and growth spreads out to the fringe, it puts a strain on the transportation system. "I think that's one of the issues creating the interest in living in the inner city," said Don Dillon, Chief Executive of local design firm CMX. If the current trend continues-- where more housing developments are added an hour's drive from central Phoenix-- the area will start resembling metropolitan Los Angeles, he said. More...