‘Next hot spot’: 9K-acre community proposed for John Wayne’s Red River Ranch south of Phoenix

Jun 17, 2023, 5:45 AM

Outlined in yellow, this 1,773-acre parcel on the northeast corner of Maricopa and Miller roads bet...

Outlined in yellow, this 1,773-acre parcel on the northeast corner of Maricopa and Miller roads between Maricopa and Casa Grande is land that formerly served as iconic actor John Wayne's Red River Ranch. (Land Advisors Organization Photo)

(Land Advisors Organization Photo)

Developers who already own more than 7,000 acres between Maricopa and Casa Grande have just purchased another 1,773 acres with plans to develop a master-planned community on much of the former John Wayne Red River Ranch.

But this won’t be like any other master-planned community being developed today, said Carson Brown, managing general partner of Arizona RR Ranches LLC, which plans to develop a unique master-planned community.

Arizona RR Ranches LLC paid $44.65 million for the 1,773.07-acre parcel to Tousa Recovery Acquisition LLC, which traces to a hedge fund led by Paulson & Co., according to Tempe-based Vizzda LLC real estate database.

Greg Vogel, founder and CEO of Scottsdale-based Land Advisors Organization, and his team Bret Rinehart, Ryan Semro and Ben Heglie represented the seller in the transaction.

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

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Downtown Phoenix skyline...

Weekend wrap-up: Here are the biggest Arizona stories from Sept. 30-Oct. 1

In case you missed it. Here are some of the biggest stories that headlined the Arizona news cycle over the weekend.

4 hours ago

A damaged saguaro cactus stands with a recently fallen arm resting on the sidewalk on Aug. 2, 2023,...

Associated Press

Arizona’s biggest city has driest monsoon season since weather service began record-keeping in 1895

After a summer of extreme heat, Arizona’s most populous city is in the record books again. This time Phoenix is notching a record for dry heat.

6 hours ago

King Ranch Goodyear...

Brandon Gray

Harvard Investments acquires master-planned King Ranch community land in Goodyear for $22M

Real estate investment and development company Harvard Investments announced Friday it acquired the master-planned King Ranch community in Goodyear. 

7 hours ago

File photo of a Mesa Police patrol vehicle. A man was killed in a shooting involving Mesa officers ...

Mesa police pursuit ends with suspect being seriously injured in Tempe

A 21-year-old suspect was seriously injured after being involved in a critical incident with Mesa police Saturday night near a Tempe intersection, according to officials. 

11 hours ago

D1Training athletes...

Former youth coaches bring open group fitness to Mesa with D1Training franchise

On Oct. 9, D1Training will have a new franchise in East Mesa near Crismon Road and Southern Avenue led by two former youth coaches.

15 hours ago

(AP Photo/Michael Dwyer, File)...

Kim Komando

Shopping under surveillance: How retailers track you & how to be invisible

If you have a pulse and an internet connection, companies want all the details they can get on what you’re willing to buy — and it’s getting harder to tell where they’re getting all that info.

16 hours ago

Sponsored Articles

Sanderson Ford...

Sanderson Ford

Sanderson Ford congratulates D-backs’ on drive to great first half of 2023

The Arizona Diamondbacks just completed a red-hot first half of the major league season, and Sanderson Ford wants to send its congratulations to the ballclub.



When most diets fail, re:vitalize makes a difference that shows

Staying healthy and losing weight are things many people in Arizona are conscious of, especially during the summer.


Mayo Clinic

Game on! Expert sports physicals focused on you

With tryouts quickly approaching, now is the time for parents to schedule physicals for their student-athlete. The Arizona Interscholastic Association requires that all student-athletes must have a physical exam completed before participating in team practices or competition.

‘Next hot spot’: 9K-acre community proposed for John Wayne’s Red River Ranch south of Phoenix