Central Arizona, A Master-Planning Hotbed

Five Valley master-planned communities are among the country's best sellers, according to a report released by Robert Charles Lesser & Co, LLC.

Four of the developments are located in the fast-growing West Valley, where large tracts of developable land are making way for amenity-rich neighborhoods.

The five communities are:
No. 7, Anthem, Northwest Valley
No. 8, Johnson Ranch, Southeast Valley
No. 11, Sierra Montana, Surprise
No. 12, Surprise Farms, Surprise
No. 13, Vistancia, North Peoria.

It comes as no surprise that the Valley has more developments on the list than any other market, said Curt Smith, chief operating officer for Scottsdale-based Sunbelt Holdings, which jointly developed three of the communities.

Many of these new homes are going up in the West Valley. "A few years ago, this area had 30 percent of the market, and now it's pushing 70 percent," Smith said. More...