DMB breaks ground at Mesa's Eastmark, but Gaylord still gun-shy

DMB Associates has broken ground on the first phase of home construction for its economy-hampered redevelopment of the former GM Proving Grounds in Mesa, but Gaylord Entertainment Inc. still is not pulling the trigger on its resort at the 3,200-acre site. Scottsdale-based DMB Associates began construction this month at the site, slated to yield 700 homes. “The groundbreaking of our first phase is an important milestone for DMB and a positive indicator for Arizona’s recovering real estate market,” said DMB President Charley Freericks. The seven home builders involved in the first phase will be named in June, according to the ...

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