TUCSON, AZ (March 25, 2026) — KB Home purchased 13.2 acres from the Arizona State Land Department at public auction for future residential development in Tucson.

Located at the northwest corner of East Irvington Road and South Wingate Boulevard on Tucson’s east side, near Davis-Monthan Air Force Base and the University of Arizona, the parcel totals approximately 13.20 acres, more or less, according to auction materials. It sold for $1.32 million, equal to the appraised value.

The land was offered by the Arizona State Land Department and sold to KB Home, adding to the builder’s pipeline in the Tucson market. Specific plans for the site have not yet been announced, but the acreage is expected to be developed for housing. Depending on final entitlements and product type, the 13.2-acre site could likely support roughly 40 to 60 single-family homes, with higher yields possible under a smaller-lot plan.

The acquisition underscores continued homebuilder demand for well-located residential land in the Tucson metro, particularly in growth areas near major employers, established neighborhoods, and regional transportation corridors.

This marks KB Home’s second successful bid in the past three Tucson auctions.

TUCSON, AZ (March 25, 2026) — Following strong attendance in 2026 and continued exhibitor support for a shorter event, the American Gem Trade Association (AGTA)  has finalized the schedule for GemFair Tucson for the next three years.

Beginning in 2027, the show will run on a Sunday-to-Thursday schedule while maintaining its five-day format. AGTA announced the following dates for upcoming events: Jan. 31 to Feb. 4, 2027; Jan. 30 to Feb. 3, 2028; and Jan. 28 to Feb. 1, 2029.

GemFair Tucson shifted to a five-day format in 2026, when the show was held Feb. 2 to 6, Monday through Friday. According to AGTA, the change was well received by exhibitors, prompting the organization to continue the shorter run while adjusting the calendar to better align with exhibitor preferences.

“During the show, we surveyed our exhibitors, and a very strong majority expressed a clear preference for maintaining the five-day format,” AGTA Board President Bruce Bridges said in a statement. “In response, the board elected to adopt a Sunday-to-Thursday schedule, with the strategic objective of reengaging the more than 150 companies that did not participate in 2026 and that have historically favored weekend dates.”

Bridges said the revised format delivered strong results this year, with most exhibitors reporting exceptional outcomes. He added that buyer attendance rose 7% in 2026 compared with the same five-day pattern in 2025.

Under the new schedule, GemFair’s opening Toast to Tucson Party will be held on Sunday. The show will also continue to feature two days of seminars and the Spectrum & Cutting Edge Awards gala, though specific dates for those events have not yet been announced.

“I am thrilled that AGTA has set the format and the dates for GemFair Tucson for the next three years, allowing our attendees to plan their schedules and coordinate their travel,” AGTA CEO John W. Ford Sr. said in a statement.

Top photo: The AGTA GemFair Tucson show floor. Photo courtesy of the American Gem Trade Association.

MARANA, AZ (March 24, 2026) — Two significant land transactions have closed within the 820-acre Cascada master-planned project in Marana, marking another step forward for the high-profile mixed-use development located northeast of Interstate 10 and Twin Peaks Road, across from Tucson Premium Outlets.

On March 19, 2026, a Bourn Partners affiliate, BP Cascada Partners, led by Bringham Stevens, acquired 143 acres for $18,427,449. The purchase includes approximately 100 acres slated for commercial development and 43 acres planned for residential use.

In a separate transaction, D.R. Horton, with Sam Mills handling land acquisition, purchased approximately 132 acres for $13,072,551. That land is expected to support Phase I of a residential project featuring 638 single family homes and townhomes over the next three years. The residential component is being rebranded Tescotta, and additional land options could bring the total value of the deal to approximately $33 million.

Together, the Bourn Partners and D.R. Horton transactions include options that could raise the combined value to $93 million, with a significant option deposit already in place.

The larger Cascada project was assembled by Pacific International Partners and represents one of the more prominent large-scale development sites in the Marana corridor. Positioned near the Interstate 10 and Twin Peaks interchange, the property sits in one of the region’s most active growth areas, with strong visibility and proximity to major retail anchors.

Dan Feig of Chapman Lindsey Real Estate Services represented Pacific International Partners in both transactions.

Feig can be reached at 520.205.0342, for more information.