Anthem Selling Faster Than Anticipated

Sell-out date moved up by 12 years to '07...

The Arizona Business Gazette reports that Anthem, which was expected to have a selling lifespan of 20 years when it began in 1999, is now projected to sell out by 2007.

The development includes the capacity for 12,000 homes and millions of commercial square footage. One reason for the development success is the increase in commercial amenities for Anthem residents.

"One of the things that makes Anthem very unique is that the commercial and retail services were not an afterthought to the rooftops," said Jacque Petroulakis, Arizona director of public affairs for Pulte Homes and the Communities of Del Webb. "The first kids who moved into Anthem had a school to go to that same year, and there was a grocery store within six months," she added.

The next retail center at Anthem will be at the intersection of Daisy Mountain and Galvin Peak Parkway and will include a Fry's grocery store.

In addition, an attached townhouse product, the Paseo at Anthem, became available in September.

Homes in Anthem are selling from the mid-$200,000s to more than $500,000 and range from 1,200 to 4,400 square feet. More...