The Ranch Development in Gilbert Receives Final Approval
On August 6, 2025, the Gilbert Planning Commission granted final entitlement approval for
The Ranch, a groundbreaking $1 billion mixed-use development in Gilbert, Arizona. This approval marks a significant step forward for a project designed not only to transform the local landscape but also to serve as a catalyst for economic growth in the region.
A Vision for Growth
Envisioned by development partners
IndiCap, Colmena Group, and
Langley Properties, The Ranch spans approximately
295 acres along Power Road, strategically located between Warner and Elliot Roads. This ambitious project is set to become the largest mixed-use development in Gilbert, composed of industrial, residential, and commercial elements, all interspersed with generous green spaces.
The initial phase, slated to begin construction in the fourth quarter of 2025, will feature
Harvest Village, a neighborhood retail center with approximately
51,000 square feet of commercial space divided among several buildings. This vibrant area aims to foster community interaction through a welcoming open-air plaza equipped with decorative amenities, lighting, and expansive turf areas.
Phase 1 Developments
Phase 1 will also involve significant infrastructure improvements, including preparing pad-ready sites within
Corner Springs that will host 78,000 square feet of retail, dining, and office spaces. Essential to achieving a connected atmosphere, a decorative, lighted pedestrian walkway will enhance accessibility between the new developments and the neighboring residential areas.
For shoppers and visitors, Harvest Village promises to deliver
- - 20,000 square feet of speculative retail and restaurant space across four buildings.
- - Ample parking facilities accommodating a projected footprint of 91,000 square feet.
- - Community-focused attractions that promote accessibility and connectivity.
Emphasis on Open Spaces
Acknowledging the importance of community amenities, the development includes
18 acres dedicated to open spaces that will serve the surrounding neighborhoods. This area will encompass landscaped pathways, seating options, and shaded gathering spots designed for relaxation and socialization.
Economic Impact
With the projected economic contribution exceeding
$1.5 billion annually, The Ranch promises to be a significant economic driver for Gilbert and the broader Phoenix East Valley. During the construction phase alone, the project is expected to generate
- - $961.7 million in total economic output.
- - Creation of close to 5,888 jobs.
- - An impressive $42.8 million in tax revenue.
Once completed, the ongoing impact could support nearly
9,000 jobs and yield
$31.6 million in recurring tax income.
The Future of The Ranch
This milestone is regarded as a turning point for both The Ranch and Gilbert, emphasizing the importance of adapting to the evolving needs of its residents and businesses. According to
Todd Ostransky of IndiCap, this project symbolizes commitment to sustainable growth while meeting the demands of modern living.
IndiCap specializes in industrial investment and development, while
Colmena Group focuses on real estate development and has a robust portfolio worth over $1.6 billion.
Langley Properties, with more than
30 years in the field, commits to creating valuable communities across vast acres of land.
As The Ranch embarks on its construction journey, stakeholders, residents, and potential investors look forward to witnessing the transformation of Gilbert and its economic landscape. With ongoing developments and community-centered design, The Ranch will not only redefine real estate in the region but will also enhance the quality of life for residents.
For further updates on The Ranch, interest parties can check the respective websites of IndiCap, Colmena Group, and Langley Properties.