In a commendable move aimed at addressing the increasing demand for affordable housing, Dominium has broken ground on its innovative Saddleback Village at Stonegate project in Maricopa, Arizona. This pioneering effort by the reputable Minnesota-based affordable housing developer focuses on creating a viable and attractive housing option for varied needs and income levels. With a vision to construct 215 single-family rental homes, Dominium aims to bring affordability to the forefront while offering modern amenities that appeal to today’s residents. This initiative represents Dominium’s inaugural venture into the build-to-rent market segment in Maricopa, further solidifying its commitment to community-centric development. Central to this project’s appeal is the provision of three to four-bedroom homes equipped with private backyards, a feature designed to enhance the living experience and attract a diverse tenant base.
Maricopa’s Balanced Growth Vision
Maricopa is executing a strategic long-term plan focused on ensuring sustainable growth while meeting the diverse housing needs of its expanding population. In alignment with the city’s general plan, the introduction of Saddleback Village mirrors the local government’s broader efforts to provide a balanced mix of housing alternatives. Mayor Nancy Smith has emphasized Maricopa’s dedication to managed expansion, ensuring that new developments contribute positively to the community rather than overwhelming existing infrastructure. Initially proposed in 2020, the project gathered momentum as it resonated with the city’s vision for pedestrian-friendly living environments. Dominium’s commitment manifested through the purchase of land valued at $8.3 million in December of the previous year. This strategic acquisition allowed the project to move forward, with groundwork commencing this spring and anticipated completion around early 2026.
Construction and Community Impact
Construction for Saddleback Village commenced with foundational work throughout the summer, smoothly progressing into vertical construction expected in the fall. This pivotal phase draws the project nearer to its goal, with plans to welcome its first residents by early 2026. Dominium, backed by vast experience in affordable housing, is well-equipped to meet objectives, using its know-how to ensure timely completion while adhering to community standards. This new housing is eagerly anticipated by the region and is set to have a significant economic and social impact on Maricopa. The project extends beyond just housing by fostering community spirit; it incorporates features that enhance pedestrian accessibility and encourage neighborly interaction, thereby adding considerable value to the local community. Saddleback Village lays a framework for future developments, advocating a sustainable model for housing projects nationwide. As Dominium pushes boundaries, it addresses immediate housing needs and charts an innovative course for future affordable housing ventures.
