More on William Lyon Homes in Avondale

Preliminary site plans for William Lyon Homes’ 163-acre master-planned community in Avondale. / Provided by William Lyon Homes /
Phoenix Business Journal

Disclosure: Rose Law Group represents William Lyon Homes

Rezoning was recently approved for the project

By Angela Gonzales | Phoenix Business Journal

William Lyon Homes is a step closer to starting construction on a $40 million master-planned community in the West Valley.

The Newport Beach, California-based homebuilder is in escrow to purchase 163 acres at the southwest corner of Indian School Road and 99th Avenue in Avondale.

“We’re hoping to close by the end of the year or early next year,” said Troy Wahlberg, vice president of acquisitions and development for William Lyon Homes (NYSE: WLH).