https://azbigmedia.com/real-estate/gilbert-approves-1-billion-311-acre-the-ranch-mixed-use-project/>The Ranch – 221 acres of light Industrial with the potential of 3 million square feet of mid-bay and cross dock industrial buildings. >• Shops at the Ranch – General Commercial consisting of 39 acres that will include multiple types of commercial, including restaurants, drive thru (QSR), storage, convenient stores, small office, fitness center, small grocer, dental office, etc.>• Residences at the Ranch – an innovative and vibrant development of residential and commercial uses that will create live-work-play opportunities in the community surrounding Morrison Ranch. The plan calls for +/- 39 acres of multi-family and mixed-use product types. Multi-family will include two- and three-story homes with some ground floor commercial. Additionally, there will be a 16-acre green space that will include trails and landscaping for the community to use.>The economic impact of this project is expected to be substantial, with the creation of thousands of jobs during the construction phase and ongoing employment opportunities across various industries upon completion. The development will attract new businesses, bolster the local economy, and serve as a catalyst for future growth in Gilbert and the surrounding region.I also did research as to why Gilbert, AZ buildings are usually 3-4 stories and it turns out there is a height requirement in the city code, at times there is exceptions to the rule the city council grants to the developers at times.
