CANOA RESERVE at CANOA RANCH An Active Adult Community

Transcription

CANOA RESERVE at CANOA RANCH
An Active Adult Community
Green Valley, Arizona
Table of Contents:
Canoa Reserve
 Overview
 Site Plan
 Phase 1 Offering
Page 1
Page 2
Page 3
Canoa Ranch
 History
 Master Plan
 Overview
Page 5
Page 6
Page 7
 Location
 Green Valley Statistics
Page 9
Page 10
Canoa Ranch Amenities
 Overview
 Green Valley Recreation Facility
 Green Valley Recreation Map
 Canoa Ranch Golf Course
 Wyndham Canoa Ranch Resort
Page 11
Page 12
Page 13
Page 14
Page 15
Canoa Reserve Overview
 Canoa Reserve is a 480 acre proposed Active Adult Community within the established Canoa Ranch Master
Plan. The community will have a senior living facility onsite and immediate access to Canoa Ranch’s
existing amenities, including an 18 hole golf course & club, resort hotel, and the Green Valley Recreation
Facility (Canoa West Center) which is located less than 1 mile away.
 The Property is conveniently situated to the Green Valley Hospital. A 50-bed acute care hospital.
 The Property is fully entitled with approvals authorizing 1,301 homes on 480 acres in Green Valley.
 Green Valley is Tucson’s premier active adult retirement area with over 25,000 residents, 8 golf courses and
14 Green Valley Recreation Facilities within 10 miles of the project.
 Canoa Reserve will have a 10 acre Assisted Living Facility, which will commence along with the
development of the first residential phase.
 The site plan was designed to sit high over the Santa Cruz River Valley, and will offer incredible,
unobstructed views of the Santa Rita Mountains beyond.
 Site is located immediately west of a future 4,000-acre regional park with an equestrian center, riding trails,
walking trails, and historical preservation sites.
 Canoa Reserve provides builders a long term land position in a proven market for active adult communities
with access to completed amenity facilities.
Canoa Reserve Site Plan
Phase
1
2
3
4
5
6
7
8
9
10
Total
45x
Wide
20
57
42
24
143
55x
Wide
111
27
44
22
16
45
37
302
60x
Wide
100
48
24
21
33
38
60
72
14
410
Multi
Unit
Types
50
248
34
50
64
446
Canoa Reserve Phase 1 Offering
Canoa Reserve Block 5 East
Since inception, the Canoa Ranch Master Plan has delivered
over 800 finished homes and another 400 developed and
partially developed lots (excluding Canoa Reserve). Canoa
Reserve is a subdivision within Canoa Ranch. Pima County
approved the tentative plat in 2009 for 1,301 home sites.
Phase 1 in Canoa Reserve Block 5 contains sub-phases 1A,
1B, and 1C for a total of 211 paper lots. These sub-phases
can be purchased separately or together in bulk.
Boulevard Escondido
Frontage Rd.
Phase 1A contains 71 lots, Phase 1B contains 83 lots and
Phase 1C contains 57 lots currently envisioned as follows:
Lot Size*
Phase 1A
Phase 1B
Phase 1C
Total
55’ x 120’
22
42
47
111
60’ x 120’
49
41
10
100
Phase
Totals
71
83
57
211
*Should buyer’s product lines require different lot sizes, Pima County staff has indicated a
willingness to amend the plat so long as densities remain intact.
The site’s topography is comprised of ridges and arroyos. Canoa Reserve’s site plan calls for most of the home
sites to be positioned to capture expansive mountain and valley views. The initial phase of Canoa Reserve has been
intentionally designed to capture the feel of ridge top living.
The builders at Canoa Reserve will experience significant financial advantages given that the amenities for the
entire Canoa Ranch project are already in place and do not have to be duplicated for the new home owners.
Residents will enjoy nearly $20 million of existing recreation facilities across Green Valley. Fourteen of the
facilities are completed to date, each with a pool, gym, tennis courts, pickle ball courts, and numerous other
recreational improvements.
While amenities are rich, residents will have a low cost of access; currently, the monthly base HOA fee is $25 and
the Green Valley Recreation Facility fee is $35 for a combined monthly rate of $60 per home, which is
significantly less than competitive projects in Green Valley and Tucson.
Canoa Reserve will be serviced by existing utility and water providers:
 Water is assured and will be provided by Community Water District of Green Valley.
 Electric will be provided by Tucson Electric Power.
 Gas will be provided by South West Gas.
History of Canoa Ranch
In 1995, Fairfield acquired the 6,600-acre Canoa Ranch site from Pennzoil as a means to continue Green Valley’s
residential and commercial growth. Fairfield worked closely with the existing community and local and state
governmental agencies to obtain the zoning and approvals for the mixed-use Master Plan community which would
include a golf course, hotel, recreation facility, as well as retail and commercial amenities.
After nearly 20 years of planning and development, Fairfield now owns and operates the Wyndham Canoa Ranch
Resort, Canoa Ranch Golf Club and the Village Center in Canoa Ranch. With its continued commitment to provide
Canoa Ranch residents with the highest quality amenities, Fairfield donated 5 acres of land at the hub of Canoa
Ranch for the development of the Green Valley Recreation Facility. Fully constructed and complete, residents now
enjoy an indoor swimming pool, state of the art gym, basketball court, and 4 pickle ball courts, all located less than
a mile of Canoa Reserve.
In 2009, Fairfield saw through the completion of the Canoa Ranch interchange on I-19 and frontage road,
providing unparalleled visibility and access to the Canoa Ranch Master Plan.
In 2012, Fairfield sold over 20 acres of land to a hospital developer approximately 2 miles north of the Canoa
Ranch interchange on the east side of I-19. Construction of the hospital commenced in 2014 with completion
expected in early 2015.
The initial phase will be able to accommodate both an assisted living center development opportunity as well as for
sale residential home-sites.
Canoa Ranch Master Plan
Canoa Reserve
1,301 Paper Lots Owned by Seller
Existing Canoa Ranch
Approx. 800 Existing Homes and 400 Future Homesites
(50 finished lots and 350 paper lots remaining)
Owned by Fairfield / Meritage Homes
Canoa Ranch Overview
Green Valley was first developed in the early 1960’s, but it was not
until the mid-1980 when the community grew to a population of
approximately 8,000 and household units of 4,375. The area has
consistently attracted new residents because of its moderate climate
and abundance of amenities. Every year, from January through
April, hundreds of visitors descend upon Green Valley from all
over the U.S. and Canada to escape the crowds and the cold climate
to enjoy the scenic Santa Cruz River Valley, encompassing the
Santa Rita Mountains and Madera Canyon.
Since 2010, the population has remained stable due to the recession, however, as conditions improve in the housing
markets across the country, the increased home values will facilitate target buyers’ ability to sell their primary
homes and buy into communities like Canoa Reserve. While Green Valley competes with other similar destinations
such as Phoenix, Scottsdale, and the California desert communities, Green Valley offers high quality homes and an
abundance of amenities at a competitive price point for active adults and retirees. Green Valley has been voted
among the top retirement communities by both “Where to Retire” and “New Choices for Retirement” magazines
numerous times. At 2,900 feet in elevation, Green Valley enjoys some of the finest year round weather in Arizona
with average annual temperatures of around 85 degrees in the day and 50 degrees at night. The amenities that
come with the Green Valley lifestyle abound including: hiking, biking, bird watching, shopping, and watching the
stars in one of the country’s best astronomy centers to name just a few.
The Canoa Ranch development will include nearly 2,500 homes when fully built out. Fairfield Homes began
delivering homes in Canoa Ranch in 2000 and approximately 800 homes have been delivered by Fairfield and
Meritage to date. In 2010, Meritage closed down their marketing efforts and ceased development of their remaining
paper lot inventory. As of this publication their lots remain off market.
Canoa Reserve’s 1,301 home sites, on 480 acres, will allow builders to continue the Canoa Ranch development
fitting of the style and needs reflective of today’s active adults. Canoa Reserve offers access to the existing golf
course and recreation facilities without any additional infrastructure costs.
Green Valley has historically sustained over 400 new home sales a year under normal market conditions. In the
1990’s and early 2000’s, the Green Valley submarket generated 400 to 450 home sales annually, nearly half sold
by Fairfield, and the other half sold by Dorn and Quail Creek. While the Green Valley market is still recovering,
Fairfield continues to remain competitive by adding amenities throughout this recession, the most important being
the recent addition of the community hospital east of Canoa Ranch (projected completion in 2014).
For all the amenities that the residents at Canoa Reserve will have access to, they will pay approximately
half of what other competitive master planned communities charge; the base HOA fees at Del Webb’s
Rancho Del Lago in Tucson and Robson’s Quail Creek in northeast Green Valley are approximately $125$160 per month, compared to only $60 per month at Canoa Reserve.
Green Valley Location
30 Minutes from
Tucson Airport and
Downtown Tucson
2 hours from
Phoenix
Green Valley is the southernmost retirement community in the Tucson MSA. The master plan is located 20 miles south of downtown
Tucson and 20 miles north of Tubac in the historic Santa Cruz River Valley along I-19. It is approximately 30 minutes driving
distance from the Tucson International Airport and 2 hours from the Phoenix Sky Harbor Airport. Both airports are serviced by major
airlines and have non-stop flights from many major cities.
Green Valley Statistics
Pima County
In 2013, estimate of the population was 992,394, up from 843,946 in 2000
Population increase since 2000 +/- 18.1%
Estimated median household income from 2009 – 2013 was $45,841
Estimated median home value from 2009 – 2013 was $167,500
Tucson
In 2013, estimate of the population was 526,116 up from 486,689 in 2000
Green Valley
In 2013, the population was around 22,050 up from 17,283 in 2000.
Green Valley generally experienced higher population growth rates and higher median home values compared
to the city and county.
While Green Valley is predominantly a retirement community, its median household income is higher than the
county’s household income.
Canoa Ranch Amenities Overview
Green Valley Recreation Facilities
 14 total facilities
 Canoa West Center
located within 1 mile of
Canoa Reserve
Wyndham Canoa Ranch Resort
 98 room hotel/condo
 Pool and Spa
Canoa Reserve Assisted Living Facility
 10 acre commitment
 5 Acre initial phase
Canoa Reserve Phase 1
 Project commencement in line with
 Immediate offering of 211 lots
initial residential development
 Can be subdivided into mini portfolios
 Bulk sales and rolling take downs
available
Green Valley Hospital
 Located east of I-19 on Frontage Rd.
 Just 2 miles north of Canoa Reserve
Canoa Ranch Golf Course
 18 hole golf course
 Club House
 Grill on the Green Restaurant
 Lunch & Dinner Service – Full Bar
Green Valley Recreation Facilities
Green Valley Recreation (http://www.gvrec.org) has been
serving Green Valley residents since 1978 and now includes a
total of 14 facilities encompassing:
o 12 pools, 1 of which is an indoor pool located at Canoa
West Center (less than 1 mile from Canoa Reserve)
o 6 fitness centers
o 500 seat theater/auditorium
o Tennis, basketball, bocce ball, pickle ball, and racquet ball
courts
o Woodworking shops, lapidary, meeting rooms and
kitchens for cooking classes and social functions
o Access to 100’s of clubs and organizations
Green Valley Recreation Map
Major Centers
1.
Member Services Center (MSC)
5.
1070 S. Calle de las Casitas
520-625-3440
2.
West Social Center (WC)
2980 S. Camino Del Sol
520-625-5221
6.
1111 Via Arcoiris
520-625-0288
3.
East Social Center (EC)
Las Campanas (LC)
565 W. Belltower Drive
520-648-7669
Canoa Hills (CH)
3660 S. Camino Del Sol
520-625-6200
7.
Satellite Centers
9. Abrego South (ABS)
12. Casa Paloma I (CPI)
400 W. Circulo Del Paladin
1655 S. Abrego Drive
10. Continental Vistas (CV)
13. Casa Paloma II (CPII)
330 N. Calle de las Banderolas
906 W. Camino Guarina
11. Madera Vista (MV)
14. Abrego North (ABN)
1601 N. Abrego Drive
440 S. Camino Del Portillo
Santa Rita Springs (SRS)
921 W. Via Rio Fuerte
520-393-0360
7 S. Abrego Drive
520-625-4641
4.
Desert Hills (DH)
8.
Canoa Ranch (CR)
5750 S. Turquoise Mountain Drive
520-547-3975
Green Valley Area Golf Courses*
15.
16.
17.
18.
Tortuga Public Golf Course
Haven Public Golf Course
Country Club of Green Valley
(Private Golf Course)
Torres Blancas Public Golf Course
19.
20.
21.
22.
Desert Hills Private Golf Course
Canoa Hills Public Golf Course
San Ignacio Public Golf Course
Canoa Ranch Public Golf Course
* Green Valley Recreation does not own or operate any Green Valley area golf courses.
Canoa Ranch Golf Course
The Canoa Ranch Golf Course lies in the heart of Canoa Ranch, which offers a complete and operating golf club
and restaurant, Grill on the Green. Canoa Ranch Golf Course is a par 70, 18 hole championship course offering a
fantastic outing for everyone from amateurs to professionals. There are four sets of tees ranging from 4,500
to 6,624 yards. Stunning views of historic Elephant Head Mountain can be seen from virtually every hole.
o Canoa Ranch is a public course with annual play memberships available starting at $4,000 per year.
o Greens fees range from $70 in season to $30 offseason.
o Residents receive discounts and have the opportunity to play in numerous tournaments which the golf course
sponsors throughout the year.
o The Grill on the Green, a restaurant and club house featuring lunch and dinner service with a full bar. Can
accommodate luncheons, reunions, charity tournaments, weddings and many other events.
Wyndham Canoa Ranch Resort
The Wyndham Canoa Ranch Resort is at the heart of
Canoa Ranch Village Center overlooking the lake at the
9th hole of the Canoa Ranch Golf Course and across the
street from the Grill on the Green restaurant at the Club
House. Future residents at Canoa Reserve will have all
the benefits of a fully staffed resort and hotel located less
than a mile of their new homes.
The Wyndham Canoa Ranch Resort is a full service operating hotel/condominium, which leases through a revenue
sharing arrangement with the owners of the condominium units.
The resort is open to the public and has become a popular destination for golf vacations, family reunions and
weddings. It includes 51 privately owned condominiums. Each unit has a hotel suite and a lock out standard hotel
room, providing for size and rental variations. The resort also features swimming pool and hot tub amenity
features.
The Wyndham Resort also features The Quality of Life Medical & Research Center (QLMC), which opened in
September of 2013. QLMC was founded in the late 1990s in Tucson, Arizona as a single-facility medical practice.
QLMC focuses on both the patient experience and the total health of each person under a doctor’s care. Quality of
Life facilities offer services such as medical research, weight loss, aesthetic treatments, laser therapy, and hormone
therapy.
For further inquiries, please contact:
American Land Fund
Christine Kwak
1001 Chestnut Street
Suite 101
Philadelphia, PA 19107
415.601.7106
[email protected]
www.americanlandfund.com

CANOA RESERVE at CANOA RANCH An Active Adult Community

Transcription

Similar documents

Sunday Times Magazine

THE SECRET BEHIND SUSHI DEN`S SUCCESS l^H[[i

Yesterday I left the ECETI Ranch, to pursue some other callings, one

Farms/Ranch/Acreage - For Sale, $1,975,000 , 0000 Wild River Rd

W oodsmoke Ranch - Enjoy LaSalle County

La Centerra at Cinco Ranch

T:\Working Site Plans\_Malls Site\Imperial Valley SP arch.dwg, 3/28

Men`s Recovery home day Where

Colorado Wilderness Ranch

bell tower - Imus Ranch For Sale