By Roland Murphy for AZBEX
A long-dormant plan to develop a Build-to-Rent community in San Tan Valley is showing renewed activity.
Harvard Investments recently announced it sold a 21.8-acre parcel at the NWC of North Gantzel and East Bella Vista roads to NexMetro Communities for $8.3M. The site is zoned for up to 284 Build-to-Rent units on the vacant, entitled land.
According to the announcement, “NexMetro plans to develop Avilla Bella Camino in San Tan Valley. Avilla Homes neighborhoods feature single-story, detached homes with open floor plans, 10-foot ceilings, high-end finishings, and private backyards and front porches.”
Harvard Investments’ announcement also included the sale of 133 lots on 35.3 acres immediately north of the BTR site to KB Home for $7.1M.
The entire site is part of the Bella Camino development. Local news sources from 2018 show that the property was recommended by the Pinal County Planning and Zoning Commission for rezoning to allow for the multifamily component’s development and approved at the December Board of Supervisors meeting.
The “Communities Coming Soon” page on the Avilla Homes website shows Avilla Bella Camino is planned to open in spring 2026. No additional information is available yet on construction timelines or on the architect or general contractor. Emails to NexMetro representatives were not returned by press time.