Lennar eyes 473 acres of East Valley land for new housing development

National homebuilder Lennar is looking to scoop up about 473 acres of state land near Mesa where it wants to build new homes.

BY HAILEY MENSIK/PHOENIX BUSINESS JOURNAL

Dec 8, 2025, 5:00 AM

Follow on Google News

Watch: FBI told to stop investigating ICE shootings — What happens now? | 7 mins

National homebuilder Lennar is looking to scoop up about 473 acres of state land near Mesa where it wants to build new homes.

The East Valley property, which is off Meridian and Baseline Roads, is bisected by the U.S. 60. It is in the Mesa area, though it is technically in unincorporated Maricopa County.

The land will likely be auctioned off in the third quarter of 2026 though an exact date has not yet been set, according to the Arizona State Land Department’s website. A starting bid price has not yet been listed, and appraisal documents are not yet available in the ASLD’s records.

“Lennar wants to continue its presence in the Mesa area as we’re now sold out of our positions at Eastmark and Cadence,” the original application stated.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.