7 years ago our developer Steve Urry purchased the 68 acres of canyons behind the Enclave at Sun Canyon development and donated them back to the nature conservancy. We are proud to have been at the forefront of a growing trend of real-estate developments that have a large nature preserve as their primary draw. Looks like we started a trend!
Luxury-Home Developers’ Latest Pitch: Unspoiled NatureForget golf
A growing number of high-end home communities are being built around large nature preserves | WSJ Written by By Katy Mclaughlin
Research has shown many people who buy homes on or near golf courses don’t even play the game, Mr. McMahon said; they just want to live near green space.
Home buyers can usually only be sure that land is protected forever if it is held in a legal designation known as a conservation easement, in which either a government body or private land trust is empowered to constrain development on it, even if the land is sold to a new owner.
Easements have exploded: There were over 16 million acres of land held in local and state land trusts in 2010, compared with 5.5 million in 2000, according to the Land Trust Alliance, a Washington-based trade group. One reason for their popularity: Conservation easements can—though don’t always—confer state and federal tax advantages.