Chandler Arizona Running Out Of Land

New home construction was down nearly 20 percent in Chandler in 2005 compared with 2004. Certificates of Occupancy were issued for 2,880 homes in 2005, compared with 3,606 in 2004. Planners have been saying for months that the city could run out of land to build new homes on by 2010.

Cost conscious Arizona home builders are likely turning to communities with more available land, lower-priced land, lower impact fees and fewer zoning restrictions than Chandler, said Lauren Barnett of the Home Builders Association of Central Arizona. Chandlers impact fee of $13,587 is the highest in the Southeast Valley.

The city's last large master-planned community, Fulton Ranch, is about to start, which should add new home inventory to the Chandler market. More...