How the $1B “The Ranch, Gilbert, Arizona” Development is Shaping the Future for Homebuyers in Gilbert, Arizona

If you’re considering buying a home in Gilbert, Arizona, there’s a major development on the way that could impact your timing, values and lifestyle. The recently approved $1 billion mixed-use project called The Ranch is not just commercial real estate—it’s a signal that Gilbert’s residential market could experience ripple effects you’ll want to understand.

The Ranch is set to span approximately 295 acres on Power Road between Warner and Elliot, and when fully built, it will include: 3 million sq ft of light industrial space, 34 acres of retail, and 729 multifamily residential units. Phase 1—scheduled to break ground later in 2025—will launch retail and restaurant space, extensive site infrastructure, and neighborhood-style amenities like walking paths and green open spaces.

Here’s why this matters for you as a prospective homebuyer:

• Upside potential: Large-scale developments like this often improve nearby infrastructure, bring new amenities, and increase area desirability—factors that contribute to long-term home value.

• Timing advantage: Because the project is just getting approved and has not yet fully built out, you may have the opportunity to buy before the full effects are realized—and potentially before price pressure intensifies.

• Lifestyle upgrade: If part of your buying criteria includes walkability, retail/dining access, green spaces or newer community amenities, this development points toward that direction in Gilbert.

• Caveat: Big developments can also mean increased traffic, construction noise and short-term disruption. A smart buyer will balance the upside against the timing and condition of the home, and ensure their financing and budget align with future cost realities.

Want to explore which Gilbert neighborhoods are positioned best to benefit from The Ranch—and which ones may already be getting priced ahead of the curve? Send me a message and I’ll pull a custom list of 3–5 areas with the best blend of value + future upside so you can make an informed move.