Silverleaf

DMB Partners with New Home Company for Luxury Condos in Silverleaf

 

Sterling at Silverleaf has been re-imagined, re-engineered and re-designed to complete the development of this last parcel in the upscale DC Ranch neighborhood, Silverleaf.

DMB and The New Home Company (collectively, DMB/NEW HOME) purchased the property located at the intersection of Legacy Boulevard and Thompson Peak Parkway for development on February 6, 2017. DMB/NEW HOME anticipate that construction will begin in mid-2017 with sales commencing in late 2017. Pricing has not been determined.

The design for this project takes advantage of the magnificent views of the McDowell Mountains with 2.3 acres of open space and building heights limited to 56’. The project architecture continues the story of Silverleaf with Mediterranean and Southwest styles to complement the natural surroundings.

“The floor plans and outdoor patios are generous in size and deliberately orientated for the best views of the McDowell Mountains,” said Jim Hoselton, senior vice president at DMB.  

The Sterling at Silverleaf condominium project consists of 8 buildings and 72 luxury condominiums including a pool and cabanas in a gated enclave. Units will range in size from 2,900 SF to 3,400 SF.  Developed on the last property (excluding custom lots) in the Silverleaf neighborhood of DC Ranch, this project provides new housing options for luxury home buyers.

“These new condos are designed for move-down buyers and second homeowners who want ‘a lock and leave’ option,” said Pat Moroney, president of The New Home’s Arizona Division.

NEW HOME, a publicly traded company (NYSE: NWHM) based out of Orange County, California, is one of the pre-eminent home builders in the western United States. NEW HOME develops high-end, award winning luxury single family, multi-family and condominium projects in California and Arizona. NEW HOME is developing the exclusive Resort Residences at Mountain Shadows in the Town of Paradise Valley which opened for sales in October 2016. Development in Silverleaf is a natural and logical extension of the type and quality of project NEW HOME builds.

As the previous owner of this property and the developer of DC Ranch and Silverleaf, DMB is highly invested in the planning and development of this project.  DMB is pleased to partner with NEW HOME – a high caliber developer with a proven track record of superior projects – to complete the development of Silverleaf and the DC Ranch, among DMB’s proudest accomplishments.
Read More: http://www.azcentral.com/story/money/real-estate/catherine-reagor/2017/02/25/new-scottsdale-condos-silverleaf-neighborhood/98355730/

Jennifer A. Barefoot

Director of Communications

Lauren Charpio

Vice President of Marketing

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