Lakeshore650
Water Usage and Water Rights
John Munderloh, previous Water Resources Manager for the Town of PV educates on water usage and rights (2021). Courtesy of the Town of Prescott Valley TV.
Land Lease - The Future of Homeownership Explained
*Land leased homes are currently proposed for approximately 10% of the overall development. The remainder of the homes will be sold at market rate.
Introduction
Fain Signature Group on behalf of the landowner (the “Owner”) owns approximately 650 acres of land east of the intersection of Lakeshore Drive and Fain Road. More specifically, the land is composed of three noncontiguous parcels of which two parcels are located along the north side of Lakeshore Drive (what appears to be a remnant right-of-way form the A&K Railroad bisects these parcels) and the other parcel is located along the south side of Lakeshore Drive (the “Property”). The Property is currently used for ranching. The Owner, along with Brown Homes, a home builder with more than 40-years of experience, (the “Builder) desire to rezone the Property to Planned Area Development (PAD). The PAD in conjunction with a Master Development Plan (together, the “650 PAD”), will set a framework to guide the future development of Property in a thoughtful and responsible manner.
The Development Team
Current Property Owner
Espiritu Loci Incorporated (ELI) is a planning and development assistance firm that specializes in the creation of spirited, one-of-a-kind settings for life.
