Challenges & Opportunities

Regional or Large-Scale Planning

Large-scale projects can offer state trust land managers much higher potential returns on the disposal of lands for development, since the trust can share in the significant increases in value that occur as lands are converted from "raw" land to developed property. And because many trust agencies own land in large blocks in the path of development the disposition of appropriately situated land for real estate projects can foster comprehensive, planned development. In general, larger-scale planned community development has led to more desirable outcomes in relation to urban form. Recent studies of large, master-planned communities indicate that these developments often incorporate smart growth elements such as continuous integrated open space, mixed uses, mobility options, greater ranges of housing choices and phased infrastructure development. At the very least, large tracts of land with one owner are easier to plan comprehensively than parcels of mixed size and multiple owners.

Superstition Vistas offers a large-scale development opportunity east of Phoenix, Arizona.