Taylor Morrison, the country’s fifth largest contractor and developer based in Scottsdale, bought 17 lots in North Phoenix for $ 2,858,095, according to the commercial property tracking website Vizzda. The cost of land at the northeast corner of Cave Creek Road and Deer Valley Drive in Phoenix is $ 168,123.24 per lot.
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In a separate transaction, Pulte Homes, the third largest home builder in the United States by number of houses closed, bought 16 lots in the same region of northern Phoenix for $ 2,173,421 Vizzda. The cost of land at the northeast corner of Cave Creek Road and Deer Valley Drive in Phoenix is $ 135,838.81 per lot.
All 33 lots were sold by Cave Buttes Development Partners.
The lots are all part of the Sky Crossing development.
Taylor Morrison Home Corporation has been recognized as America’s Most Trusted Builder for the past six years (2016-2021). The company operates under a family of brands including Taylor Morrison, Darling Homes, William Lyon Signature Home and Christopher Todd Communities, which were built by Taylor Morrison.
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