Lakeview Trails North

I mentioned last Friday that we have entered escrow with 4 builders for our next community, Lakeview Trails North. I also mentioned that it won't close or have anything started on it before April 2006. But for the curious, a few details about the project.

Lakeview Trails North (LTN) is located just east of the Albertson's shopping center (Lakeview Village). It's northern border is Elliot (with an excluded section for the brick farmhouse located there), it's eastern border is Recker; and the southern border is the signature grain tanks. The community will include 733 total lots for the 4 builders previously mentioned, as well as an elementary school site, which we will donate to the Gilbert Unified School District. The School District will then decide when to build that elementary school. In case it isn't already obvious by the name Lakeview, the pile of dirt to the east of the Lake will be gone, and so those houses will actually have a view of the Lake.

The lot widths will range from 45' to 75', and the depths from 85' to 130'. For those like me, who are math-envisioning-challenged, those lots range in size from the smallest we have so far in Highland Groves to about the same size as the Greystone product in Higley Groves West. There are no huge lots.

As befits the rest of Morrison Ranch, LTN will be connected by trail to the Lake, and will have easy access to Lakeview Village, which is adjacent to the community. As a matter of fact, Morrison Parkway - the street that runs between Lakeview Village and the Lake - will be the center parkway through Lakeview Trails North. This Lake will irrigate LTN, so there will be no smaller lakes inside this community.

There is a commercial corner at Recker and Elliot, which will not be developed for a while, and for which we do not yet have plans for users.

This community will also provide a link to those residents in Highland Groves via the corner at Recker and Elliot. Until then, Highland Groves might feel a little bit isolated from the rest of Morrison Ranch.

I know it's far in the future, and I've learned that it always takes longer and costs more (this seems to be true about everything, not just community-building), but I'm excited about the prospects for Lakeview Trails North.