Gilbert Greenlights Massive Development
The City of Gilbert has okayed all entitlements for The Ranch, a landmark $1 billion mixed-use development.
Led by development partners IndiCap, Colmena Group, and Langley Properties, The Ranch covers 295 acres along Power Road between Warner and Elliot Road. The project will include industrial, residential, and commercial elements in the Morrison Ranch neighborhood.
Upon full buildout, The Ranch will include 3 million square feet of light industrial across 221 acres, offering flexible logistics and warehouse solutions, 34 acres of retail, including full-service restaurants and QSRs with drive-thrus, grocery, automotive and neighborhood services, and 729 multi-family residential units in three distinct communities.
Phase 1, set to break ground in the fourth quarter of this year, will include Harvest Village and Corner Springs, lifestyle retail centers that will ultimately include retail, restaurant, and office space.
Buy, Build, Sell, Hold – The clock’s ticking! Be in the room when forward thinking developers and investors explain how they are capitalizing on market shifts—new construction, repositionings, acquisitions, and more. Register to attend Connect Texas Multifamily and be there to hear how the industry leaders are turning today’s challenges into long-term opportunity and positioning for the next wave of multifamily growth. www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout