Sunday, May 26, 2013

Scottsdale homebuilder offers new plans, developments

Scottsdale-based Maracay Homes will provide 46 new floor plans in 13 communities starting next month.

Maracay is calling it the Arizona Living Collection. Company officials said it invested more than $4 million and spent more than two years of research and market observation to come up with the designs. Maracay said the plans will address the needs of a post-recession Arizona homebuyer.

Several of the communities already are open.

Andy Warren, president and chief executive officer, said Maracay opened 12 developments last year, with eight that remained open at the end of the year. He said the company plans another dozen this year.

Warren said Maracay emerged from the recession with new homes starting in June 2012. The company sold land in 2007 and 2008, then became a buyer again from 2009.

“These are premium neighborhoods in the sweet spot of the market.” he said. Prices average in the $300,000s with plans of about 3,000 square feet, although the sizes and prices vary.

Read more: Scottsdale homebuilder offers new plans, developments

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