Del Webb Announces Its First Community in Albuquerque
By Anca Gagiuc, Associate Editor
Three years ago, Del Webb was opening Alegria, its first active adult community in Bernalillo, adding it to its portfolio of over 50 communities spread across 20 states throughout the Southwest, coastal regions and Midwest. Now they’re planning their first community in the heart of Albuquerque.
Del Webb will purchase 284 acres from Western Albuquerque Land Holdings LLC, and the parcel will make room for 538 Del Webb homes. The new community will be part of the Mirehaven master plan, an 886-lot project designed and developed by PulteGroup, the parent company of Del Webb. One of America’s largest homebuilding companies, PulteGroup operates in approximately 50 markets throughout the country.
“This is the first Del Webb community in the heart of Albuquerque and is ideally located for those boomers who want to continue to work and live in the city,” said in a news release Jay Gillilan, president of PulteGroup’s New Mexico Division. “We know many baby boomers will continue to work as they look to semi-retire or make plans to buy their new home for the future. This will truly be a unique [55-plus] community with its intimate size, sought-after location and physical beauty of the area.”
To better suit the high number of baby boomers, the site is located 10 minutes from downtown, close to hospitals, the University of New Mexico, and retail businesses. Positioned in northwest Albuquerque, it is bordered by the Petroglyph National Monument open space on three sides. Both communities are tentatively scheduled to open in early 2015 with pre-sales in late 2014. On top of the regular separate amenities, the communities are planned to share centralized walking, hiking, and biking trails, as well as some private park areas.
Photo courtesy of Del Webb.Tags: Acquisitions/Dispositions, active adult housing, Albuquerque, Albuquerque Lead Story, Brokers, Del Webb, Developers, Development, Finance/Investment, Investors, Local, Mirehaven master plan, National, operations, Professional, PulteGroup, Regional, Residential, single-family, Western Albuquerque Land Holdings LLC