Scottsdale-based developer Empire Group recently closed on a 27-acre parcel near the foothills of the San Tan Mountains for approximately $13.8 million. Plans for the land are now underway for a build-for-rent gated community called Village at Borgata within the master-planned Borgata at San Tan, which is a total of 100-acres that will include mixed-use commercial, apartments, condominiums and single-family homes. Empire Group is targeted to break ground on Village at Borgata in spring of 2023, with leasing to begin by fall 2024.
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