Desert Ridge In North Phoenix Is Expanding

The Phoenix Business Journal reports that there are several projects underway at the red-hot master-planned development known as Desert Ridge in North Phoenix. Including Toscana at Desert Ridge, a 1,568-unit condo project north of Deer Valley and west of 56th Street. The developer is Statesman Corp. The residences are prices from $190,000 to more than $400,000. Construction has already started on the project.

Additional projects are expected to be announced in the Desert Ridge area including Meritage Homes, who recently purchased 288-acres at a state land auction for $92.2 million. On August 18th, the state land department will auction off 502-acres in Desert Ridge between 56th and 64th Streets, north of the Loop 101. More...

Look for this area to "explode" in value over the next ten years.