Saguaro Springs - A New Subdivision Coming to the Tucson Real Estate Market

Greetings everyone! Just wanted to let you know about an upcoming subdivision in the Tucson Real Estate market, Saguaro Springs.

Saguaro Springs is a 2,500 home project being developed jointly by KB Homes and Empire Companies and is nestled behind Rattlesnake Pass by the intersection of Silverbell Road and Twin Peaks Road in NW Tucson. It is slated to be built in the same manner as the existing Gladden Farms subdivision north of Tangerine Road with large greenbelts, walking paths and tree-lined boulevards. A neighborhood Community Center will include a fitness center, pool area, youth center and banquet facilities with meeting rooms for casual or formal events. There are currently 6 floorplans being offered ranging from 1,422 to 2,273 square feet. More info here from the KB website.

Tucson Real Estate - Saguaro Springs
Tucson Real Estate - Saguaro Springs

Responding to the quickly growing senior population in the Tucson real estate market, Saguaro Springs will also have a 600 home “‘age-restricted” section of homes in the NW corner of the development. Currently zoned R-6, which means 6,000 square-foot minimum lots, the “age-restricted” section may include smaller plots of land.

One of the main concerns with the current residents of Continental Ranch is the growing traffic headache. With only one freeway entrance readily accessible to most of the community (Cortaro Farms Road) the new additions of thousands of residents at Saguaro Springs will become a headache very quickly. The Town of Marana has already set money aside to improve Twin Peaks Road west of Continental Ranch. There has been talk of creating a new freeway entrance by extending Twin Peaks Road east to I-10 for several years but nothing has come of it yet. Hopefully they can figure something out soon!

Tucson Real Estate - Saguaro Springs
CLICK TO ENLARGE

On a side note, to pay for the improvements spurred by Saguaro Springs and all the recent and upcoming growth in Marana the Town is looking at implementing a higher property tax rate to generate more income.

Tucson Real Estate - Saguaro Springs
CLICK TO ENGLARGE

I tried to include as much information in the included pictures as possible by showing where I took the pictures and in what direction, and also included a few panorama shots I assembled. Enjoy!

Tucson Real Estate - Saguaro Springs
CLICK TO ENGLARGE

EDIT: 5/16/2008:

I spoke with a KB Sales Rep at one of their other communities and asked about Saguaro Springs, and I was told the community is on hold “until further notice” because of the softened housing market. If you drive out there you can see the models are up, main street is paved, and the land is graded. We shall see when and if this development is ever brought back to life!

———-

Michael Krotchie - Realtor - Coldwell Banker Residential Brokerage, NRT LLC
Tucson Real Estate
520.404.4996 — Mobile
520.544.4545 — Office

Tucson Real Estate



Technorati Tags: ,