Tuesday, June 14, 2016

Shea Homes Purchases 66 Acres for Southern Half of Trailside at Happy Valley

Graphic via broker flyer

Yesterday the southern 66 acres of the proposed Trailside at Happy Valley housing development sold to homebuilder Shea Homes. A partnership between TerraWest Communities and JEN Partners sold the land for just over $11.6 million, or nearly $177,000 per acre.

Phases 3 and 4 of Trailside at Happy Valley are proposed at 45 and 90 lots, respectively. The complete development is to total 361 lots on 162.8 acres near the southeast corner of Lake Pleasant Parkway and Happy Valley Road.

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