Harvard Investments, an Arizona-based real estate investment and development company, reported today that progress at Cadence at Gateway continues to exceed expectations in their newly opened Phase 2. Phase 1 is essentially sold out and Phase 2, consisting of six neighborhoods and 486 lots, is experiencing enviable success in home sales. Lennar is building homes in all six neighborhoods, each surrounding the community’s newly built elementary school. Cadence, a vibrant master-planned community on 444 acres is located at Ellsworth and Ray, along the bustling Gateway corridor in Mesa.
Lennar began presales the end of January, in its first neighborhood in Phase 2. These are comprised of single and two-story homes ranging from 1,800 to nearly 2,700 square feet and starting in the low $300,000s. Lennar’s homesite sizes range from 43 ft to 63 ft wide by 125 ft deep.
“Lennar has created distinctive homes for Cadence homebuyers with their Everything’s Included® features, home automation technology and multi-generational living floor plans,” said Tim Brislin, Vice President of Harvard Investments. “These thoughtfully designed, beautiful homes have been incredibly well-received by individuals and families looking to call Cadence home.”
Lennar homebuyers at Cadence may choose from floorplans designed for every stage of life – from first-time buyers, growing families, those with teens, to empty nesters – including two new NextGen® – the Home Within a Home® designs, one approaching 2,600 square feet with a three-car garage.
“We’re pleased to build upon our success in Phase 1 and bring new options to families with 21 floorplans, including Lennar’s innovative Next Gen® – The Home Within A Home® design in Phase 2. Created for extended families, this layout provides a main home with an attached private suite that’s ideal for elderly parents, returning college children or long-term guests.” said Alan Jones, Lennar Phoenix Division President.”
All six Lennar Phase 2 neighborhoods surround Silver Valley Elementary School and are located just south of the community’s resort-style pools, basketball, tennis and bocce ball courts, all found at The Square, the popular amenity center with fitness facilities, game room and meeting spaces. Phase 2 includes five neighborhood parks, all connected to the integrated trail system.Lennar anticipates families will begin to move into their Phase 2 homes by 2021.