The Ranch, a 311-acre project, gets final approval to build 3M square feet of industrial space, retail, multifamily, and infrastructure upgrades.
Phase one start expected in Q4 2025, with potential bid opportunities for site work, utilities, and vertical construction.
Developers said a multi-million-dollar economic impact on construction is expected.
Final Approval Clears Way for $1.5B Gilbert Mixed-Use Development
The Ranch, Gilbert, Arizona’s largest planned mixed-use development, has received final master site plan approval from the town’s Planning Commission, clearing the way for permitting and construction to begin by late 2025, the Gilbert Sun News reported yesterday.
The 311-acre project is led by IndiCap, Colmena Group, and Langley Properties.
Developers expect the multi-use project to transform the eastern edge of Gilbert with zoning districts combining industrial, residential, retail, and open space.
In this publicly available image of The Ranch, a multi-use construction project, developers call for a blend of industrial, retail, and multi-family space for the 311-acre Gilbert, Arizona property. Image: IndiCap
Initial work at The Ranch is expected to include construction of:
Harvest Village: 51,000 square feet of retail and restaurant space across seven buildings.
Corner Springs: 78,000 square feet of office, retail, and patio space.
Roadway and Utility Upgrades: New turn lanes, signal improvements, lighting, landscaping, and pedestrian walkways.
For general contractors and trade subcontractors, early bid packages may include grading, utilities, concrete, steel erection, MEP trades, paving, and landscaping. Developers anticipate extensive infrastructure work before vertical construction ramps up in 2026.
Rendering of The Ranch in Gilbert, Arizona, shows Harvest Village with landscaped plazas, pedestrian walkways, and mixed-use buildings. The 311-acre project is led by IndiCap, Colmena Group, and Langley Properties. Developers expect the multi-use project to transform the eastern edge of Gilbert with zoning districts combining industrial, residential, retail, and open spaces. Image: The Ranch, IndiCap
Upon completion, developers said The Ranch will feature:
3M square feet of light industrial space on 221 acres
34 acres of retail, including drive-thru lanes, grocery, and automotive services
729 multifamily units in walkable communities
18 acres of landscaped open space with trails and seating
Developers are optimistic about the project’s economic impact, estimating the construction phase will generate $962 million in economic output and 5,888 job years.
The development is expected to sustain nearly 9,000 ongoing jobs post-buildout with an annual economic impact of $1.5 billion.
Bid announcements and notices are expected later this year as the development moves into the procurement and construction phase.
At ConstructConnect, our software solutions provide the information construction professionals need to start every project on a solid foundation. For more than 100 years, our insights and market intelligence have empowered commercial firms, manufacturers, trade contractors, and architects to make data-driven decisions and maximize productivity.
ConstructConnect is a business unit of Roper Technologies (Nasdaq: ROP), part of the Nasdaq 100, S&P 500, and Fortune 1000.
For more information, visit constructconnect.com