Firm shores up land buy for Surprise master-planned area

The unveiling of Nobella represents a significant milestone for Hines as we introduce our first master-planned community here in Arizona.”

International real estate firm Hines has finalized the acquisition of a 115-acre parcel in Surprise, launching its first Arizona master-planned community, Nobella, and marking a strategic expansion into the state.

The community is entitled to up to 545 dwelling units, offering a mix of single-family and built-to-rent homes. Home prices will start in the high $400,000s, catering to many homebuyers, from first-time homeowners to move-up buyers.

Strategically located east of 163rd Avenue and Jomax Road, Nobella enjoys close proximity to major employers along the Loop 303 freeway, enhancing convenience and connectivity for future residents.

“The unveiling of Nobella represents a significant milestone for Hines as we introduce our first master-planned community here in Arizona,” said Brandon Dillingham, managing director for Hines. “Nobella reflects our dedication to creating vibrant residential spaces that enhance local lifestyles and address the region’s housing needs, while also expanding Hines’ presence in the master-planned community space here in the Valley, building on our success in other markets.”

Construction is scheduled to commence in the third quarter of 2024, with William Ryan Homes as the initial builder, securing 30% of the lots. Negotiations are ongoing for the remaining lots, with an anticipated timeline of 18 months from construction start until homes are available for purchase.

Nobella’s location in the thriving growth corridor along the 303 freeway makes it an ideal choice for residents seeking a blend of convenience, community, and accessibility to major amenities. The community will feature expansive open spaces, community gathering areas, a dog park, playgrounds, and an extensive trail system, enriching the local lifestyle.

Hines acknowledges the collaborative efforts of key partners in bringing Nobella to fruition, including Jason Hadley as the planner, Terrascape as the civil engineer, TLS Land Services as consultants, and legal counsel provided by Gammage & Burnham and Berry Riddell, with brokerage services by Nathan & Associates.

Hines is known for its extensive experience in developing master-planned communities across Texas, Colorado, Virginia, and beyond.