May 21, 2012
On Friday, May 18th, DMB Associates, along with community and government partners, economic development leaders and colleagues, broke ground for its newest community, Eastmark. Many prominent East Valley leaders were in attendance including Mesa Mayor Scott Smith, Councilman Alex Finter and Councilman Scott Somers.
This important milestone for DMB is a positive indicator for Arizona’s recovering real estate market. President of DMB Associates, Charley Freericks, said, “the sounds of construction equipment signifies the start of the new heart and hub of the East Valley.”
These first steps are taking place after years of planning and preparation for the property, including reclamation of recycling materials from the former General Motors Proving Grounds, such as miles of track and tons of building materials. Next steps involve building Eastmark’s community infrastructure including the streets, utilities and early amenities, to prepare for the future businesses and homebuilders who will begin building in the next year.
The first residential phase of Eastmark includes approximately 700 single-family homes, the 100-acre Great Park, and an interactive welcome center/community center. The first homes in Eastmark are scheduled to open in the spring of 2013.
Eastmark is situated on 3,200 acres (five square miles) in the center of the Gateway area, anchored by the Phoenix-Mesa Gateway Airport, businesses and educational institutions. Eastmark will integrate residential areas, resort components, employment cores and commerce. The future of Eastmark is envisioned as an evolving community that earns the designation as the cultural, educational and economic core of the region.