Staff Reports | Dwellings & Multifamily
Land Advisors Organization’s Homebuilding Team recently completed the sale of 218 single family final platted lots within the Borgata at San Tan Heights to Taylor Morrison Homes for $21 million.
The parcel, which is located at the SWC of Thompson Road and Hunt Highway in Queen Creek is just over 131 acres in size, according to a press release.
The sale was facilitated by Ryan Semro, Ben Heglie, Bret Rinehart and Greg Vogel with Land Advisors Organization’s Homebuilding Team, who represented the seller Borgata at San Tan Heights LLC (Christopher Bennett). The buyer is Taylor Morrison Homes.
This purchase will kick off the second phase of the 270-acre Borgata at San Tan Heights community in North Pinal County along the southern border of the Town of Queen Creek, the release states.
The community is nestled next to the eastern boundary of the San Tan Regional Park, offering topographical variations and premium views for its 411 homesites. Homes in the first phase are currently being constructed by Shea Homes and Tripoint Homes.
Queen Creek is the future home of LG Energy Solution’s $5.5 billion Stand-Alone Battery Manufacturing Complex and has been experiencing significant growth since the LGES announcement in March 2023.
With the LGES project well underway and on schedule to complete and commence production in 2026, the facility’s workforce and other population growth trends are prompting the need for more homes.
