Scottsdale, Ariz., -- Jan. 23, 2006 – Monogram Companies, an experienced developer with a history of building appropriately scaled neighborhoods that enhance existing communities, and Tom Chambers Properties Inc., announced today the purchase of Young’s Farm. The planning process is underway; however the Young family will continue to operate the farm through 2006. The appropriately scaled, low-density residential and commercial village will include retailers such as a bank, grocery store, restaurant and the farmers’ market to provide services to the people of Dewey-Humboldt and visitors.
Monogram specializes in creating communities that often require special expertise and the ability and sensitivity to work closely with surrounding residents and local organizations, as well as city, county, state and federal agencies, to resolve complicated land development issues. The company has assembled a team of experts in planning, residential and commercial architectural design, hydrology, water resources, traffic, and landscape architecture to ensure best practices throughout all aspects of this project.
“Being selected to guide this historic property through its next phase of development is an honor and an exciting opportunity,” states Monogram Partner Don Allison. “We appreciate how important this land has been to generations of area residents and others throughout Arizona. Our goal is to develop a project that honors the historical significance and small-town charm of Young’s Farm and the surrounding area. This signature project will include a variety of residential home styles and a Market Place that will provide added services and tax revenue for the people of Dewey-Humboldt. We look forward to meeting our future neighbors and becoming an integral part of this vibrant community.”
Dewey-Humboldt resident and real estate investor Julie Conner continues to hold an interest in this project and will be actively involved in the community outreach program.
About Monogram Companies
Formed in 2002, Scottsdale, Ariz.-Monogram Design Builders (www.monogramdesignbuilders.com) specializes in building energy-efficient, environmentally friendly, single-family homes on in-fill parcels that incorporate construction best practices. The company is one of the few Valley homebuilders to be recognized by the U.S. Environmental Protection Agency as a 100 percent Energy Star partner. Monogram Development Services LLC (MDS) (www.monogramdevelopment.com), which began operations in 2001, specializes in land acquisition and development for single-family residential projects. MDS principals have brokered over $400 million in land sales and entitled and improved over 8,000 residential lots. Arizona natives Don Allison, Russ Hermann and Dan Hellman founded the companies and serve as managing partners.
About Tom Chambers Properties Inc.
Since leaving the ranks of professional basketball, CEO Tom Chambers, who holds the Suns’ single-game scoring record, has carved out an impressive role in the business world. Chambers founded Tom Chambers Properties, Inc. to broker opportunities for land investment and development. He is also the owner of Shooting Star Ranch, a successful horse breeding farm in North Ogden, Utah.