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Douglas Ranch is a proposed 33,800-acre (137 km2) community in Buckeye, Arizona, located 25 miles (40 km) west of Phoenix, Arizona, United States. The project had been anticipated to break ground in 2012. However, its current status is unknown, due to a housing crisis that overtook the Phoenix metropolitan area in 2008.
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Douglas Ranch plan
Douglas Ranch will be larger than the city of Tempe, Arizona, and will be expected to take 25 to 50 years to complete, housing a population of 250,000 to 300,000 residents. The community is divided into 27 separate planning areas and will include a 300-acre (120 ha) central park, a university, 50 million square feet (4.6 km2) of commercial and office space, 110,000 residential units, 22 golf courses, 150,000 jobs, light rail, and a new freeway.
Project status
The development is partly owned by Jerry Colangelo. The project was approved on May 20, 2003, However, no specific development schedule was established. Douglas Ranch developers are currently monitoring the development activity in Arizona and will continue to prepare Douglas Ranch for development when economic conditions improve and the recession rebounds.