By 1997, the Town's rapid growth had transformed the community from a highway town into a bustling residential and commercial area in Yavapai County. Because of this growth, the community's leaders determined that a strategy must be developed to steer economic growth in the most advantageous direction for the betterment of its current and future citizens. The designation of commercial and industrial lands in the Land Use Plan is intended to provide such opportunities, and to ensure that PV becomes a center for regional employment. Efforts are being focused on attracting higher paying employers.

Presently, growth and development in Prescott Valley are occurring both in the center of the community and at the edges of the town boundary. The future Town Center project will serve as the community’s “downtown” providing an array of activities – shopping, entertainment, recreation, health care, and civic attractions – and land uses – apartments, town homes, duplexes, detached single-family homes, and innovative cluster arrangements.

Residential | Commercial | Industrial | Future Development

 

To accommodate the increasing growth in the town, several new residential projects are currently in the planning and/or development stages. Some of them are detailed below.

Stoneridge – a SunCor master-planned community, located in the southwest portion of the town, contains approximately 3,800 dwelling units on 1,880 acres. This project also includes an 18-hole golf course. Dwelling units in this project area include single-family detached and multi-family dwelling units. There are more than 15 home styles to choose from. The base price of a typical 3-BR home can vary from $200,000 to $450,000. Its website is at http://www.stoneridgeaz.com/

Granville – a master-planned community by Universal Homes Inc. is situated in the northwest corner of the town on 1,234 acres with 3,400 homes to be built in a variety price ranges. The site includes an 18-hole golf course and an extensive open space system that will serve recreational, transportation and storm water conveyance purposes. Its website is at http://www.granvilleaz.com/

Pronghorn Ranch – a 641-acre master-planned community is located in the northern portion of the town and immediately east of the Viewpoint projects. Designed and built by Brown Family, the project includes a pool, putting greens, multi-purpose courts, a 4,500+ SF million-dollar clubhouse, and a state-of-the-art gymnasium. Home sizes are from 1,831 to 2,860 square feet. Its website is at http://www.pronghornranch.com/

Quailwood Meadows – is a master-planned community. Adjacent to a local municipal golf course, this community includes such amenities as a 9,000 square-foot clubhouse with pool, sauna, tennis courts, common area and an interconnecting system of parks and trails. Quailwood Meadows homes range from 1,900 to 2,200 square feet. Its website is at http://www.empirecos.com/az/quailwood

Viewpoint (North) – is a master-planned community of 1,875 dwelling units on approximately 480 acres.

Viewpoint (South) – is a master-planned community of 625 dwelling units on approximately 160 acres.

Common trends among many of these planned residential developments are the inclusion of a variety of housing densities, open space and trails, as well as neighborhood-serving commercial and community uses.

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Prescott Valley Entertainment Center – located on the corner of Highway 69 and Glassford Hill Road, the center is a 39-acre commercial project anchored by Harkins Prescott Valley 14 Luxury Theatres and an adjacent 30,000 square foot food court and retail shopping area.

 

Yavapai County Fairgrounds – the 200-acre county fairgrounds project includes a racetrack, as well as a variety of other planned commercial, equestrian, and recreational uses.

Glassford Hill Regional Market Place – this project is located along the western portion of the Highway 69 corridor and features 60 acres of various commercial uses. It is strategically located within Prescott Valley’s “Center of Opportunity” - a hub of activity at the heart of town. Close by are the Entertainment District, Yavapai Regional Medical Center East Campus and adjacent physicians’ Medical Suites (currently under construction), Fry’s Neighborhood Center and the Civic Center complex. The project will soon be anchored by Walmart Supercenter.

Prescott Valley Crossroads – a 100-acre power center to be located on both sides of Highway 69 at the intersection of Sundog Ranch Road. Kitchell Development Co. currently is negotiating with users such as Sam’s Club, Home Depot and others. Construction is expected to begin by the beginning of 2007. Total leasable space is more than 600,000 square feet.

Old Town Redevelopment – the plan calls for redevelopment along the Highway 69 between Windsong Drive and Robert Road. This encompasses commercial uses such as small retail stores, restaurants, financial and insurance, and professional medical offices.

Truwood Redevelopment – located along the central portion of the Highway 69 and features a variety of commercial uses.

There are also other commercial projects with well-known tenants being developed or site plans are being reviewed, like Florentine/Lake Valley area with Albertson’s, K-mart, Safeway, and Eastridge with Wells Fargo Bank, Midas Muffler, and Bean Drywall.

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Prescott Valley currently offers 300 acres of industrial zoned property. The land is ready for development with all utilities available. Most of the land has direct access to Highway 69.

The Big Sky Business Park, with several years of careful planning, is now available for custom sites. The 200-acre park boasts modern infrastructure, including all underground utilities and fiber optics. The park is divided into three areas. Two are zoned C3, which is commercial and light industrial, and the third is zoned M1, which is industrial manufacturing. Located just minutes from Interstate 17 along Highway 69, the Big Sky Business Park represents the type of location that successful businesses are looking to expand.

Prescott Valley also offers a new corporate park, phase two, with three 25,000 SF building plans available. An additional 14 acres are available for inclusion in the corporate park.

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Looking to the future, Prescott Valley realizes the town will continue to grow, and it wants to control and direct the growth that induces more growth, while reducing the inefficiency in infrastructure planning and services. The Town of Prescott Valley is surrounded primarily by open terrain, rolling hills, and mountains which give the town a competitive advantage to other towns in Arizona. The town residents treasure this natural edge and wish to retain this distinction, while still being to accommodate many of the amenities offered by a more urban environment.

Prescott Valley identified three character “areas” – town center, town, and country – that help set the direction of growth for the town in the future. The “town center” character area will reflect the most urban design concept that includes significant uses benefiting the entire community and the region. The “town” character area radiates from and wraps around the “town center.” The “town” area comprises a mix of medium to low uses to serve the local community, especially residential development. Bounding the edge of the “town” is the “country” character area, where all activities are uses are consistent with rural lifestyles and low intensity development like ranching, equestrian, rural residential and open space.

Prescott Valley also recognizes three expansion and development tiers to accommodate growth. Tier I, as of 2001, recognized that roughly 25,300 acres of land (most of which is within the town boundary) are needed to accommodate growth and related infrastructure expansion for next 20 years. Tier I especially encourages infill development and revitalization of existing areas where possible. The infill and revitalization opportunities are identified, as existing at the Town Center site and along Highway 69.

Tier II recognizes that approximately 12,600 acres of land immediately adjacent to the town boundaries are needed to accommodate growth in the next 20 years. Development in Tier II will be based on finding that either growth is a logical extension of development and infrastructure of Tier I and/or development in Tier I can not reasonably be accommodated due to physical, environmental, economic or other circumstances.

Tier III illustrates a significant land area for the long-term growth and development far beyond the 20-year planning of the town. The strategy is to restrict the development until the development can no longer be supported in Tiers I and II. But the planning also recognizes the exception where the proposed development can benefit the public. In such case, the infrastructural costs will be borne by the proposed development.

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Disclaimer: The property and other information contained within this document has been obtained from sources believed to be reliable; however, Cavan Realty, Inc. has not verified such information and makes no guarantee, warranty or representation as to the accuracy of such information. It is the responsibility of the buyer or prospective buyer to independently confirm the accuracy and completeness of such information prior to any reliance thereon, or the lease or purchase of the property.