NewsBusiness

Actions

Once a lightning rod for residents, revamped mixed-use development passes in Gilbert

The Ranch will be located on the southwest corner of Elliot and Power roads
The Ranch.jpg
Posted at 6:45 AM, Jun 22, 2023
and last updated 2023-06-22 14:44:07-04

GILBERT, AZ — Seven months after developers and residents began to work on a compromise in order for The Ranch mixed-use project to get off the ground, Gilbert Town Council passed the reworked proposal on Tuesday.

The Ranch, which will be developed by IndiCap, Colmena Group and project investor Langley Properties, will be spread across 300 acres on the southwest corner of Elliot and Power roads. The project, though modified, remains mostly an industrial one, with that use accounting for 221 of the 311 acres of the site.

Plans for the rest call for more than 50 acres of general commercial and more than 35 acres for residential use, which will include 750 multifamily units. There is an additional 16.6 acres of open space between the residential neighborhoods across the street and industrial components.

Council passed both the general plan amendment and zoning proposals for both on 6-1 votes. Councilmember Bobbi Buchli was the only vote against the proposals.

Read more of this story from the Business Journal.