Cave
Creek OKs subdivision
by
Barry Cohen
CAVE
CREEK – A developer on Monday gifted 80 acres
to Cave Creek for preservation after receiving
unanimous town council approval for what will
eventually be the town’s largest subdivision–Cahava
Springs.
Apache
Springs Land Co. gave the town a deed to the
property for both preservation and as a “land
bridge” to help connect Spur Cross Ranch Conservation
Area and the Cave Creek Recreation
Area.
“This
is truly a situation where good planning results
in a great project and helps the community
achieve its goals,” said Mark Stapp, managing
member of both Pyramid Community Developers
and Apache Springs, in a news release. “We
crafted the Cahava Springs plan to make good
business sense and address the preservation
values and goals of the town.”
In
addition to the 80‑acre gift, Pyramid
and Apache will preserve and give 120 acres
to the Cahava Springs Conservancy, a nonprofit
organization created by Pyramid. This land,
according to the release, includes a sensitive
riparian area that will be preserved and managed
by the
conservancy.
Plans
prepared by Pyramid and Apache call for 230
custom home sites on the 945‑acre Cahava
Springs property, located between the Cave
Creek Recreation and Spur Cross Conservation
areas. Almost 87 percent of the pristine property
that is rich in cultural and natural resources
will be preserved, the release said.
Stapp
told The Desert Advocate on Tuesday that 54
sites will be developed in the project’s first
phase. He said the parcels will range in size
from one and one‑half to three acres
and in price from the high $300,000s to a
half‑million dollars.
Mark
Hazelton, of Russ Lyon Realty in Carefree,
said builders, investors and potential buyers
have already expressed interest in the lots.
Hazelton said he would start showing them
to customers in February, with the first closings
probably occurring in fall 2007.
Reach
the reporter at barry@thedesertadvocate.com.