Oakwood Homes is continuing its expansion in Phoenix.
Earlier this month, Clayton Properties Group Inc. closed on more than 100 acres near Perryville Road and Van Buren Street in Goodyear, Arizona.
Oakwood Homes is a division of Clayton and a subsidiary of Berkshire Hathaway.
Clayton paid nearly $12.9 million to Canadian entity Allard Developments for the land, according to Homes.com's commercial real estate data affiliate, CoStar.
The 108 acres it acquired represents 192 single-family homesites in a new master-planned community called Amber Meadows, said Michael Fraley, Oakwood's market president based in Phoenix.
Fraley said these homes will be a mix between two collections that span from 1,252 to 3,079 square feet. Prices are expected to start in the high $300,000s range.
"Our big focus is bringing attainability [pricing] where a firefighter, a police [officer], a teacher and a nurse can live in the communities that they serve," Fraley said in an interview with Homes.com.
Builder ramps up production in Phoenix
Fraley added Oakwood is in the process of obtaining grading permits and will start land development "immediately thereafter" with sales expected to open in late 2026.
Amber Meadows will have 403 homesites in total. Fraley said the owner is working on securing a buyer for the remainder of the community but that won't prevent Oakwood from moving forward on the project.
Elsewhere in Phoenix, Oakwood will start construction in 2026 on hundreds of new townhouses in Phoenix. That is part of a larger, $850 million, mixed-use project called "The Metropolitan" that will include for-sale and rental housing, entertainment, retail and restaurants.
The new vision for these 64 acres replaces the Metrocenter mall — a former staple of Phoenix destination shopping since 1973.
Additionally, Oakwood is building the final residential parcel within Harvard Investments' Verde Trails master-planned community in nearby Avondale. There, Oakwood plans to build 110 homes within the 350-acre development.
Fraley said Oakwood is expected to close on two additional Phoenix-area properties by the end of the year: one in the city of Maricopa and the other in Mesa.