1256 West Chandler Boulevard Suite E Chandler, Arizona 85224

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1256 West Chandler Boulevard Suite E Chandler, Arizona 85224
1256 West Chandler Boulevard
Suite E
Chandler, Arizona 85224
Telephone: 480-707-7444
E-Mail: [email protected]
Mission Statement and Purpose
Freedom Communities is an Arizona limited liability company whose
purpose is to acquire, plan, and construct subdivision improvements for
residential and mixed-use master planned projects in metropolitan Phoenix,
Arizona.
Freedom Communities follows strict underwriting guidelines for the projects
that it selects based on the acquisition power of the end consumer. Never
will artificial financing or underwriting practices be used nor will
consideration be given where end consumer demographics fall short of what
is needed to make a project work.
Principal Background
Brent Hickey – Brent grew up in and still resides in Chandler, Arizona, a
rural suburb of Phoenix. At an early age he learned all aspects of
construction by working for his father’s construction company, Central
Construction. Before graduating high school, he had worked on a crew
hanging and taping drywall, pulled electrical wire, worked on a roofing crew
for both residential and commercial buildings, as well as operated heavy
equipment on construction sites.
During his freshman and sophomore years, Brent attended Point Loma
Nazarene College in San Diego, California during which he received an
academic scholarship and was named the outstanding business student of his
class both years. Brent graduated from Arizona State University in 1988
with a Bachelor of Science degree in finance with an emphasis on real
estate. He was awarded the American Southwest Financial Services Award
for Academic Achievement in Real Estate Finance. While attending ASU,
Brent received his real estate sales person license for the State of Arizona,
and later his real estate broker’s license.
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From 1989 through 1991, Brent managed and sold real estate assets for
Meracor Development, MeraBank Texas, and AMRESCO, a subsidiary of
Nations Bank. Brent was responsible for residential land for development
and multifamily apartment projects in Arizona, Dallas, Houston and Austin,
Texas, Oklahoma, Southern Colorado, and Las Vegas, Nevada. The total
portfolio value based on the disposition values was in excess of
$85,000,000.
In 1992 Brent was influential in the formation of Phoenix Holdings, a
residential land development company that acquired, entitled, and/or
developed finished lots for homebuilders. Brent acted in the capacity of
President and Chief Operating Officer and in those capacities was
responsible for daily operations, project acquisition, securing entitlements,
structuring of entities, project financing (acquisition and improvements),
infrastructure construction, and eventual project disposition.
At Phoenix Holdings, Brent was instrumental in the creation and
implementation of Portfolio Debt investment structures that allowed foreign
investors to invest in Arizona real estate without paying income tax. Brent
has structured acquisitions and investments for investors residing in the
United Kingdom, Ireland, Germany, British Virgin Islands, Bahamas,
Liechtenstein, Liberia, Mexico, and Panama.
Brent has not only master planned and zoned land for the State of Arizona;
Brent has also acted on a mediation panel to resolve disputes between the
City of Phoenix and the Arizona State Land Department.
In all, Brent has entitled and/or developed communities or subdivisions
comprising over 15,800 acres and over 41,000 residential units and
supporting commercial uses.
Gary Lane - Gary grew up in London, England and was interested in
design, architecture and real estate at an early age. After graduating high
school Gary worked for Healey and Baker in their planning and
development department working on such projects as “the docklands”.
During his time at Arizona State University, Gary worked with the Town of
Gilbert, City of Phoenix, the City of Avondale, Gruen Associates, and
Design Workshop. Gary graduated from Arizona State University with a
Principal Project Overview - Page 3 of 28
Bachelor of Science degree in Planning and Urban Design with an emphasis
on development.
From 1992 until 1998 Gary worked in the municipal planning departments
of the City’s of Avondale and Goodyear. Gary’s position as Senior
Planner/Planning Manager allowed him to be in direct contact with many
different development companies who wanted to zone, plat or build in the
cities. Gary managed many different entitlement cases resulting in many
thousands of lots, and commercial/industrial acres being built. During this
time Gary received his national planning certification from the American
Institute of Certified Planners (AICP). He still holds this today.
In 1998 Gary joined Recorp Inc., a residential land development company
that acquired, entitled, and/or developed finished lots for homebuilders.
Gary acted in the capacity as Senior Project Manager and later VicePresident, and in those capacities was responsible for land acquisition,
securing entitlements and municipal reimbursements, daily operations,
infrastructure construction and eventual project disposition.
At Recorp Inc, Gary was instrumental in the creation of 5 large master plan
communities of over 3000 acres each. Financed primarily by the President
and CEO of the company, Gary designed and implemented cutting edge land
use designs that embraced the “green community concept” before its time.
Gary designed entitled and engineered property in Phoenix, AZ, Scottsdale,
AZ, Goodyear AZ, Albuquerque, New Mexico, Fort Worth, Texas, Denton,
Texas and Terrell, Texas.
As well as acquiring, planning and zoning property Gary has been invited by
the Urban Land Institute and the University of California Los Angeles to
speak on many issues dealing with municipalities and receiving
reimbursements for development.
In all Gary has entitled and/or developed communities comprising of over
25,000 acres and or over 75,000 residential units and supporting commercial
uses.
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PRINCIPAL PROJECT OVERVIEW
AGUA CALIENTE
Agua Caliente is a 40 acre mixed use project located at 70th Street and Shea Boulevard in
Scottsdale, Arizona. Part of the project was rezoned to accommodate a 324 unit multi
family project, while the rest of the project was sold to restaurant, retail, medical, and
other office users.
THE ESTATES AT ALTA MESA
The Estates at Alta Mesa is an 18.6-acre parcel that was engineered and developed into
36 estate home-sites averaging 19,500 square feet. The home-sites are part of the 913acre master planned community known as Alta Mesa, which also includes an 18-hole
championship golf course. Twenty of the 36 home sites are located on the golf course.
The home sites were sold as individual custom lots.
Principal Project Overview - Page 5 of 28
ARIZONA STATE LAND DEPARTMENT 620 ACRES
This property was planned and rezoned for the State of Arizona to include 1,282
residential lots and 43.9 acres of commercial land. This property is located just east of
Foothills Reserve, and adjacent to and west of The Foothills in the popular South
Mountain market area. With a dwindling supply of lots in this area, the State Land 620acre property is well positioned to capture the extremely strong demand for housing in
this area.
BENT TREE DESERT ESTATES
Bent Tree Desert Estates set a precedent for exclusive lifestyle living outside of the
traditional master planned community by providing one-half to full-acre homesites in the
natural setting of the Sonoran desert.
This property was platted and improved into 72 exclusive lots. It continues to be used as
a baseline by area developers due to the unique desert location and maximum use of
living space in each homesite.
This project exceeded the anticipated sellout date by nine months, with homesite sales
ranging from $235,000 to $265,000.
Principal Project Overview - Page 6 of 28
CHALET, SEDONA
Serenity on Oak Creek (the “Chalet”) is a charming, rustic Alpine-style chalet sitting on
the banks of Oak Creek just north of spectacular Sedona, Arizona. The Chalet includes
over 3,200 square feet of living space, plus an 800 square foot guesthouse and a detached
exercise room. The Chalet was sold as an interval ownership property.
DESERT WIND
The 80-acre site known as Desert Wind was acquired in January 1994. Located in the
north Phoenix planning area, Desert Wind was platted for two distinct and noncompeting product types. The subdivision, at 52nd Street and Lone Mountain Road, is set
amidst the natural vegetation of the Sonoran desert with home-sites ranging from 6,800 to
7,700 square feet and 6,200 to 10,800 square feet. Lined with arroyos and hundreds of
native saguaro cacti and desert vegetation, the project was slated to maximize the amount
of undisturbed open desert area. In April 1996 the subject was purchased as platted and
engineered lots by Richmond American Homes.
Principal Project Overview - Page 7 of 28
DREAM CREEK
Dream Creek is a 30 acre residential subdivision located at 16th Street and just south of
Bell Road in Phoenix, Arizona. The subdivision was improved into 136 lots and sold to
Pulte Homes.
THE ESTATES AT PALOS VERDES
Located at 60th Street and Dynamite Blvd. in the popular north Phoenix market, the 80acre Estates at Palos Verdes project was zoned, platted and engineered, and improved to
accommodate 75 luxury single-family home sites. Each homesite was carefully situated
among thick stands of saguaro cacti, as well as mesquite and palo verde trees, providing
the homebuyer with a beautiful homesite with abundant natural open space surrounding
each home. The homesites ranged from 18,700 to 25,745 square feet. Jackson Properties
purchased The Estates at Palos Verdes.
Principal Project Overview - Page 8 of 28
FOOTHILLS RESERVE
This 320-acre property is located one mile west of The Foothills in the pristine desert
next to the South Mountain Regional Park. Plans called for approximately 625 home
sites on four parcels. Built on the slopes of South Mountain, Foothills Reserve features
abundant views of the Estrella Mountains to the south.
All parcels were sold to Woodside Homes.
LA PLACE and VISTA DEL CAMELLO
La Place and Vista Del Camello are two exclusive subdivisions located at the northeast
corner of Lincoln Drive and Invergordon Road. The subdivisions are positioned over an
in-fill site in the exclusive, upscale town of Paradise Valley, where lot sizes a minimum
of one acre.
A custom residence was built and sold in both La Place and Vista Del Camello for in
excess of $3,000,000 each. The surrounding neighborhood consists of custom style
luxury homes ranging in size from 5,000 to 8,000 square feet and price ranges from $1
million to $5 million.
LOMACASI ON OAK CREEK
Lomacasi on Oak Creek is an 8.8 acre project located on the banks of Oak Creek in
Sedona, Arizona. The project has over 1,100 lineal feet of Oak Creek frontage and is
zoned to accommodate 189,000 square feet of retail, commercial, and day spa uses.
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There is a Creekwalk planned with stations for 35 different artists to demonstrate their
talent outdoors. In addition, there will be strolling performers to provide entertainment
along the banks of Oak Creek.
LOS ABRIGADOS
Los Abrigados is an exclusive gated 68-home community located at the southwest corner
of 84th Street and Indian Bend Road in Scottsdale. Los Abrigados (“The Shelters”) was
one of the last remaining in-fill sites available in this highly sought-after area.
The 14-acre project was purchased in February 1993 and subsequently platted,
engineered, lot improvements constructed, and homes built on the 68 homesites. Five
floor plans ranging from 1,770 to 3,080 square feet were offered, priced from $214,000 to
$305,000. The gated community has a lush common area pool with cabana, barbecue
areas and beautiful landscaping. Los Abrigados is located close to all the major
Scottsdale shopping areas.
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LOS PORTONES
This project is located in the exclusive northeast Scottsdale submarket at Pinnacle Peak
and Scottsdale Road. The 50-acre parcel was zoned, engineered, and platted for 133
homesites and then sold to Pulte Homes, who built new homes ranging in price from
$105,000 to $132,000.
MAJESTIC HILLS
Majestic Hills was integrated into the planned community known as Moonridge Golf
Estates, located at Roberts Road and Pointe Golf Club Drive. The 14+ acre site was
acquired in November 1994, and was zoned and platted for 68 50’x110’ (5,500 square
feet) home sites. This location was recognized as a prime residential development as it
was one of the few remaining in-fill sites in the metro Phoenix area. Home sites have
been terraced in order to maximize the view potential and create a unique community
characteristic. Serenely placed at the based of the Phoenix Mountain Preserve,
picturesque views of Moon Valley and the surrounding Phoenix Mountains are abundant.
Majestic Hills was the last residential parcel within Moonridge Golf Estates to be sold.
Trimark Homes purchased the project with all on-sites in 1995. Trimark opened their first
model in March of 1996.
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MOONRIDGE GOLF ESTATES
This project is one of the few remaining in-fill sites located in the metro Phoenix area. It
was purchased in November 1993 through the Arizona State Land Auction. The Phoenix
Mountain Preserve serves as this 162-acre project’s boundary providing breathtaking
views of the rugged terrain and spectacular slopes. The project was developed into 325
home sites and six platted parcels after zoning approval was gained. The entire
infrastructure in the project was completed and parcels were sold to Blandford Homes,
Cresleigh Homes, Cavan Investments, and RS Homes. Custom lots of 18,000 square feet
were also developed. Five of the eighteen holes of the exclusive Point Resort Golf Club
run throughout Moonridge providing fairway home-sites.
Principal Project Overview - Page 12 of 28
OASIS AT ANOZIRA
Oasis at Anozira is a 160 acre project located at McClintock Road and Elliot Road in
Tempe, Arizona. Originally developed as a high tech commercial park, it was rezoned
for a 500 lot residential community. The project was sold to Westcor Development.
PASEO PARK
Paseo Park is a 167 acre project that was zoned, platted, and engineered in the City of
Coolidge, Arizona. It will accommodate 600 homes with 5 acres of commercial uses.
The project is being joint ventured with Woodside Homes.
THE PROVINCES
The Provinces is located on Ray Road between McQueen Road and Cooper Road in
Chandler, Arizona. Four model homes originally build by Roadrunner Homes were
acquired, restored, and resold.
Principal Project Overview - Page 13 of 28
ROSEVIEW
This 320-acre property is located at the southwest corner of Dysart and Greenway Road
in the fast-growing city of Surprise. Roseview was acquired, platted, and engineered for
1,340 homesites ranging in size from 45 foot to 65 foot wide home sites.
Lennar Homes purchased 400 platted homesites in October 1997 and began construction
of homes on 48x100, 58x110 and 63x110 lots. Woodside Homes purchased 940 platted
homesites in June 1998 and started construction of homes on 45x100, 50x110, and
53x110 lots.
SEDONA HEIGHTS, SEDONA
Sedona Heights is a 16 residential lot community located on Soldier Pass Road in
majestic Sedona, Arizona. The property contains thick stands of juniper and conifer trees
which provide a spectacular setting. The lots were developed so that the views of the
famous Red Rocks are uninterrupted by neighboring homes.
Principal Project Overview - Page 14 of 28
STONERIDGE EAST, UNITS 1 & 2
Stoneridge is located at McKellips Road and the Sossaman Road alignment in Mesa. Unit
1 consisted of 25+ acres, which were platted, engineered and improved for 83 homesites.
Ryland Homes purchased the fully improved lots on a rolling option and Unit 1 was sold
out three months ahead of schedule.
Unit 2 consisted of 23+ acres that was platted, engineered, and improved to accommodate
69 homesites. Ryland Homes purchased 63 of the homesites on a rolling option. The
remaining six homesites were sold as custom lots to a local custom builder. Unit 2 shared
the success of Unit 1 and was sold out six months ahead of schedule.
SUNRISE AT PALM VALLEY
Sunrise at Palm Valley is a 93-acre property located at the northwest corner of Indian
School Road and Litchfield Road in Litchfield Park. The property was planned to offer
homebuyers affordable housing in an area of higher end homes with existing schools and
shopping nearby. The property was platted and engineered for 397 lots, with lot widths of
45, 55 and 65 feet. In October 1998 the property was sold to Fulton Homes.
SUN VALLEY
Sun Valley is a planned 13,282-acre self-sustaining, mixed-use master planned
community located in Buckeye, AZ, a western suburb of Phoenix and can accommodate
34,196 homes with approximately 1,500 acres of commercial and business park uses.
The White Tank Mountain Regional Park lies to the east and the Hasayampa River to the
west. The property is pristine desert, with arroyos, washes, and lush natural vegetation.
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The underground water supply is unique in that it does not raise the same concerns
regarding contamination from pesticides and industrial waste as many other underground
sources in the Phoenix area. The project benefits from the prevailing westerly wind
patterns and natural pollution barrier of the White Tank Mountain Range.
Sun Valley is located directly in the path of growth, as evidenced by the explosive home
construction boom along Bell Road in Surprise, AZ and incorporated Maricopa County,
less than fifteen minutes to the east. The Sun Valley Parkway provides easy ingress and
egress through a six-lane, median-separated thoroughfare over 28 miles long. The
Parkway extends from Bell Road on the north to Interstate 10 on the south. It serves as a
link to the amenities of the metro Phoenix area as well as the adjoining suburbs.
TEMPE LEGACY
Tempe Legacy, 23 acres on 56th Street, just South of Warner Road in Tempe, was
acquired in December 1992. The project was rezoned from an industrial classification to
single-family residential and engineered for 158 single-family units. The property was
sold to Continental Homes as a fully engineered and approved single-family residential
community. Continental sold homes ranging from $95,000 to $133,000.
Principal Project Overview - Page 16 of 28
TOWNE MEADOWS
This 62+-acre parcel purchased in November 1992 is located at the northeast corner of
Guadalupe Road and Recker Road in Mesa. Towne Meadows was developed into 313
improved home sites, of which 171 were sold to Fulton Homes and 164 to Ryland
Homes. Ryland built out their subdivision 14 months ahead of schedule.
WHITE TANK MOUNTAIN RANCH ESTATES AND WHITE SPRINGS
White Tank Mountain Ranch Estates is located at the northwest corner of Cotton Lane
and Northern Avenue in the western sub-market area of metropolitan Phoenix. The
original property consisted of approximately 570 acres, 330-acres of which were sold to
Virgin Farms Partners. The first 80-acres of the remaining 240 were developed as 72 oneacre home sites and joint ventured with Beazer Homes. These irrigated “country living”
sites were in high demand by homebuyers who wanted to live outside the city in a more
rural atmosphere. This project was sold out in 18 months and ended in early 2003.
The balance of the project was positioned as a more upscale subdivision, “White Springs”
and sold in bulk.
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APERION SCOTTSDALE 20 SUBDIVISION
Aperion Scottsdale is a 20 acre-acre parcel located at 120th street and Redbird Road in
Scottsdale. The project was engineered and developed into 6 high–end home-sites
averaging over 2 acres of building envelope. The lots were sold out within 4 months from
the start of sales.
CORTESSA
This property was rezoned and platted to include 17,000 residential lots and 20 acres of
commercial land. The property is located on the northwest corner of Citrus Road and
Olive Avenue. Standard Pacific homes purchased the property and sales began in early
2004. Currently the master plan is 60% built out.
.
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Principal Project Overview - Page 18 of 28
EL CIDRO RANCH
The 208 acre property known as El Cidro Ranch is located at the South west–corner of
Lower Buckeye Road and Cotton Lane. El Cidro Ranch is approved for over 420
residential lots and 25 acres of commercial. This project was purchased by Toll Brothers
in December of 2004.
ESTRELLA MANOR
Estrella Manor is an 80 acre property one-quarter-mile south of Lower Buckeye Road
and 67th Avenue in the City of Phoenix. Estella Manor was platted and engineered for
303 homesites ranging in size from 45 foot to 60 foot wide product
Principal Project Overview - Page 19 of 28
Centex homes purchased the 303 homesites in spring of 2000 and had great success with
the subdivision, with an earlier than expected buildout.
INSPIRATION AT RIO WEST
Inspiration at Rio West is a planned 11,000-acre self-sustaining, mixed –use master
planned community located in Sandoval County, New Mexico a suburb of Albuquerque
New Mexico. This property was approved with 29,000 homes with approximately
3,000acres of commercial and employment uses.
The project is bisected by the Northwest Outer Loop freeway which has received federal
funding and is the construction plan stage. The site was also recently approved by the
state FAA as the next location for the next Albuquerque airport.
In addition, the project entered into a number of public/private agreements with the
County to secure infrastructure reimbursements and “green” energy solutions for the
project.
Principal Project Overview - Page 20 of 28
INSPIRATION AT BRUSHY CREEK
Located in Terrell, Texas this 6,500 acre master planned community was approved for
more than 12,000 homes, 380 acres of mixed use commercial, and 350 acres of
Industrial/ business park uses. The project is currently at the first phase of platting.
This project received Municipal Utility District approval which provided for over $500
million dollars worth of infrastructure reimbursable to the developer.
Principal Project Overview - Page 21 of 28
This project is 20 minutes east from downtown Dallas, situated between 2 freeways, the
I-80 and the I-20. It is intended for the property to have 3 major freeway interchange
entrances which will allow for swift access into the community.
INSPIRATION AT HUNTER RANCH
Inspiration at Hunter Ranch is located along the I-35 W corridor and is situated at the
entrance of the City of Denton, Texas. Approved for just over 14,000 homes, 400 acres of
destination retail and 150acres of Business Park, this project is the largest master plan
approved by the City. Furthermore, over 80 million dollars of reimbursements are
available to the developer.
Principal Project Overview - Page 22 of 28
INSPIRATION AT FORT WORTH
Inspiration Fort Worth is located in the Alliance Airport corridor in Fort Worth. This
2,665 acre property was zoned and platted for 8,000 homes and 300 acres of mixed use
development.
This project was the first in Fort Worth to receive a Municipal Utility District (MUD), a
unique reimbursement mechanism that allows the project to be its own quasi-judicial
entity. Over the course of the project the MUD will reimburse over $400 million dollars
to the project developer, and this excludes any land sales to builders.
Inspiration at Fort Worth is located directly in the path of growth, as evidenced by the
explosive home construction boom along the state highway 114 corridor from west of
DFW airport to the I-35 W freeway.
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Principal Project Overview - Page 24 of 28
NORTE VISTA
Norte Vista a 63 acre site. It was zoned, platted and engineered in the Town of Buckeye
for 50 exclusive, irrigated lots with horse privileges. In addition it has a 15 acre
commercial retail center approved.
PORTERO
Portero is located at the intersection of Ranch Gate Road and 128th street in Scottsdale,
Arizona. The 193 acre site was platted and engineered into 65 custom 3 acre lots. Half of
the lots back onto the recently created Scottsdale Preserve The subdivision is gated with
private roads. Each homesite was carefully situated to give the homebuyer a beautiful
desert experience. The homesites ranged from 32,000 to 59,000 square feet.
Principal Project Overview - Page 25 of 28
QUEEN CREEK ESTATES
Located at Riggs Road and Sossaman in Queen Creek, this 30 acre parcel was zoned,
engineered and platted for 20 homesites. The lots were sold off to a small independent
builder.
RAINBOW HEIGHTS
Rainbow Heights is a 150 acre project that was zoned and platted and is located at the
southwest corner of Rainbow and Broadway Roads. Approved for 525 homesites and a
15 acre retail/commercial corner this project was sold to a private investment group.
RIO VERDE ESTATES
This 20-acre parcel is located at 136th street and Dynamite Road. It was platted and
engineered into 20 custom lots. Adjacent to highly vegetated arroyos, saguaro cacti and
desert vegetation this project exceeded the anticipated sellout date by over 1 year, with
homesites sales ranging from $350,000 to $600,000
SARIVAL VILLAGE/CORTINA
Sarival Village/Cortina is a 320 acre property located ¼ mile south of Sarival Avenue
and Yuma roads in Goodyear, Arizona. Sarival Village/Cortina was acquired, platted and
engineered for 1200 homesites ranging in size from 45 foot to 65 foot wide home sites.
Principal Project Overview - Page 26 of 28
Ryland Homes purchased 150 platted homesites in March 1999 and began constitution on
the 45x110 and the 50x 110 lots. Dietz-Crane purchased 150 lots in 2001. DR Horton
bought the remaining 900 lots in 2003.
SCOTTSDALE NATIONAL
Scottsdale National was located at 136th Street and Dynamite Blvd, in Scottsdale,
Arizona. This 275 acre parcel was platted and engineered into 135 custom homesites.
Each home site was carefully crafted to allow for maximum enjoyment of the
surrounding open space. Home site sizes ranged from 18,000 square feet to 30,000
square feet.
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VIVIENDA
The sister project to Portero this project is located at the intersection of Pinnacle Peak
Road and 128th street. Elevated slightly and adjacent to the Scottsdale McDowell
Mountain preserve on two sides, the views are spectacular. This project consists of 25
custom lots all sized at around 3 acres each. Particular attention has been paid to the
unique views of the Rio Verde Valley below.
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