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The Howard Hughes and Jerry Colangelo announce launch of 37,000-acre master planned community
Real Estate - OCTOBER 19, 2021

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The Howard Hughes and Jerry Colangelo announce launch of 37,000-acre master planned community

by Released

The Howard Hughes Corporation and Jerry Colangelo announced the launch of Douglas Ranch, a new large-scale master planned community (MPC) in Phoenix's West Valley.

Encompassing nearly 37,000 acres, Douglas Ranch is anticipated to become one of the leading MPCs in the country, with 100,000 homes, 300,000 residents and 55 million square feet of commercial development. Residential lot sales at Douglas Ranch are scheduled to begin in the first half of 2022. The MPC was acquired by Howard Hughes from JDM Partners.

Both companies will remain as joint venture partners with HHC on Trillium, the 3,000-acre first village of Douglas Ranch, located in the city of Buckeye, Ariz.

The $600 million acquisition of the 37,000-acre Douglas Ranch is a unique opportunity to add a fully entitled, "shovel-ready" MPC to HHC's acclaimed portfolio of award-winning communities — without hindering the company's already extensive development pipeline. With the expectation of 1,000+ lot sa

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