20 July . 2018
Newland Communities’ History as Managing Developer of Estrella
In 1984, more than 20,000 acres of federal land reserve was released by the government for private ownership. In 1985 visionary Charles Keating of the American Continental Corporation recognized the inherent value of the property and seized the opportunity to purchase the land. Just three years later, Estrella opened its doors, welcoming families to a new place to call home in the Arizona Southwest Valley.
In 2005, nationally acclaimed Newland acquired Estrella as its managing developer with a mission to elevate Estrella as the premier residential master-planned community in the West Valley. Our journey with Estrella for the past 13 years has been an exciting one highlighted by growth, new amenities, and the inception of several signature events our residents and guests have come to know and love.
Newland’s first milestone was the opening of the Montecito village in 2007. The development continues to flourish a decade later as new home builders continue to open additional neighborhoods, offering a wide variety of options for home buyers.
The following three years would mark the grand openings for two marquee developments in Estrella took place; CantaMia in 2009 and Mountain Ranch Marketplace in 2010. CantaMia, the resort-style 55-plus active-adult community within Estrella boasts a 29,000 square-foot village center and a dozen floor plans. When Mountain Ranch Marketplace opened its doors, it was the first LEED (Leadership in Energy and Environmental Design) shopping center in Arizona.
At the end of 2016, Newland proudly celebrated the opening of Estrella’s second residents club, Presidio. Located in Montecito, Presidio brought a demo kitchen, resort-style pool and splash pad, sports lounge, café, an additional state-of-the-art fitness center, and relaxing indoor and outdoor social spaces for residents.
In 2017, Estrella closed on its 5,000th home, a monumental milestone and one that can be attributed to both the lifestyle and addition of acclaimed new home builders to the community. In the last two years alone, six homebuilders have broken ground on all-new neighborhoods, with several more on the horizon.
The community’s success and growth have not gone unnoticed. Estrella has been featured as one of the Best Places to Live by Arizona Foothills Magazine in 2015, 2016, and 2017. Additionally, Estrella by Newland Communities was recognized as one of the top-selling master-planned communities in 2017, finishing in the top thirty nationwide and is currently 19th in year-to-date sales in 2018. These achievements have helped Estrella become the number one master-planned community in sales within the entire Newland portfolio.
We look forward to the future of continued prosperity for our dynamic community. Stay tuned for future updates on upcoming Estrella development announcements from Newland Communities.
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