Residential development heads for Cave Creek - East Valley Tribune: Business

Residential development heads for Cave Creek

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Posted: Wednesday, October 18, 2006 6:44 am | Updated: 4:46 pm, Fri Oct 7, 2011.

Cave Creek officials have approved plans for what would be the town’s largest residential development. Gold Canyon-based Pyramid Community Developers will build 230 single-family custom homes on a 945-acre area known as Cahava Springs.

The land, part of which was annexed from the county two years ago, is located in northwest Cave Creek.

The development, which has been in the planning stages for three years, would be about four times the size of other residential subdivisions in geography and the number of homes.

The developers agreed to give the town a deed for 80 acres of property in the area for preservation and to provide a land bridge connecting nearby conservation areas.

Larry Sahr, senior planner for Cave Creek, said the land bridge will connect trails between the 2,150-acre Spur Cross Ranch Conservation Area, north of the town, and the 2,900-acre Cave Creek Regional Park, which lies to the southwest.

The agreement set aside an additional 120 acres on the west side of the development for conservation and a visitors center, which will feature information on the area’s history.

The land, trails and visitor center were concessions to ease concerns among town officials who have strived to preserve open spaces and protect the area’s natural habitat.

“They showed a great deal of sensitivity to the environment,” Sahr said. “The town was very pleased.”

Mark Stapp, a managing member of Pyramid, said the homes will range from 1,300 to 7,000 square feet in size and $1.2 million to as much as $8 million. He said construction, which will occur in five phases, will start in February and end by 2010.

Officials from the company said they worked hard to appease residents and town officials leery of allowing development in the area.

“Surprisingly, we had zero opposition,” Stapp said. “Historically, that area has been a tough area with regards to development approval. It’s just that they’re very strict, and they have objectives for what they want in the town, and what they don’t want in the town.”

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