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Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly. [8] In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH. [8] In 2011, the company unveiled its first net-zero energy homes, in Buckeye, Arizona. [9]
In 2004, prominent New York real estate developer Donald Trump proposed a $200 million luxury hotel-condominium development at 26th Street and Camelback Road in the highly upscale Camelback Corridor (near the Arizona Biltmore Hotel and the Biltmore Fashion Park shopping center) of Phoenix.
The development was incorporated in 1972, and according to real estate websites for the area, it has two championship 18-hole golf courses (McCormick Ranch Golf Club's Palm Course and Pine Course), more than 25 miles of bicycle paths, parks, public tennis courts, and 130 acres of man-made lakes (7 lakes total). [4] The largest of the man-made lakes
The houses in this region were generally built during the 1970s. Real estate in the Shea Corridor (Central Scottsdale) has increased during the 1990s, and overall, the Phoenix-Mesa-Scottsdale real estate market saw the largest gain in house prices in the nation during the mid-2000s with a 38.4% increase in value. [56]
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The Charles Miller House in Old Town Scottsdale was built in 1913 and is located at 6938 E. 1st Street. Date placed on Scottsdale Historic Register: February 16, 2010 by Ordinance No.3886, 11-ZN-2009. The George Ellis House was built in 1925 and is located at 105 Cattle Track Road. It was listed in the National Register of Historic Places on ...
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