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New Development Project Starting In Chandler!

Chandler is seeing its first new commercial development project since 2009. Douglas Allred Company, a developer from San Diego broke ground on a 92,109-square-foot, two-story building in the Price Road Corridor. This has been a project in waiting for the past six years, to which the company has finally received funding for.

The new building, Allred Park Place, will join three other office complexes in the area. The company is also buying the former Kuiper Dairy Farm, which consists of 65-acres of land for a different project. Combined, these new projects will bring more than 1 million square feet of new commercial space to the area of Chandler.

This is more great news for Chandler, as it is already one of the few cities where it is possible to both live and work. It has access to both the Loop 101 & 202 freeways, as well as lots of shopping, dining, and entertainment. Now is a great time to purchase either an investment or primary home in Chandler as our inventory has declined 54 percent to a 2 month supply. Days on market are also down from 118 to 89 days. Prices are appreciating, and homes are selling for 97.5% of list price.

Contact us today for more information on how to get started on your next great home!

Posted Tuesday Feb 07