Taylor Morrison Opens Another Big Community
On Saturday, Taylor Morrison is scheduled to open its largest community yet. The Scottsdale, Ariz.-based builder will start selling at Adora Trails, an amenity-rich 586-acre master-planned community at the foot of the Santan Mountains in Gilbert, Ariz., that when completed over the next 12 years or so will include more than 1,800 single-family homes.
Taylor Morrison acquired this foreclosed property from a bank. About 200 home sites were already developed (or nearly so) by its previous owner, and these are what Taylor Morrison will market first, according to Pierrette Tierney, vice president of sales and marketing for the builder’s Arizona division. It’s offering move-in ready coupons worth up to $2,500 to be used by buyers to complete these houses.
Taylor Morrison Communities, the builder’s development arm, is developing the rest of Adora Trails in 17 phases. The community will include a 4,000-square-foot clubhouse, a 4-acre lake stocked with fish, 12 miles of walking trails, a “resort-style” pool, an elementary school, and a number of sports courts and fields within a 10-acre recreational area.
Gilbert has become a town of interest for a number of builders lately. That’s where Meritage Homes launched what it’s been calling “the nation’s most energy-efficient production home community,” Lyons Gate, whose homes feature solar energy systems supplied by PVT Solar.
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