Merrill Ranch

Merrill Trust assembled, planned, owned, and zoned Merrill Ranch. Located in the Town of Florence in Metropolitan Phoenix Arizona, Merrill Ranch is a 9,000 acre master-planned community zoned for 36,000 residential units and 12 million square feet of mixed-use, commercial, and industrial space. 3,000 of the 9,000 acres have been sold to Pulte/Del Webb for their Anthem at Merrill Ranch. The remaining 6,000 acres have been planned and zoned for 27,000 lots and 1,270 acres of mixed-use, commercial, and industrial property.

The Merrill Trust negotiated a Community Facilities District Bond Agreement with the Town of Florence for reimbursement for infrastructure with an interest rate of prime + 2% from the dedication of each segment of the publicly dedicated infrastructure, up to $1.3 billion.

Location: Florence, Arizona

Size: 9,000 acre

Type:

Status: Active

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