Peachtree Canyon- Development Synopsis
Location: 7081 Jornada Road and Peachtree Hills Drive
Project Description:
The New Mexico Housing and Community Development Corporation and Thomas Development
Group, LLC propose the construction of a new one hundred forty-four-unit affordable housing
community in Las Cruces, New Mexico. Peachtree Canyon is to be located within the fast-growing
Metro Verde South PUD in the northeast part of Las Cruces. The project size provides a solution
to meet the City of Las Cruces’ goal of adding 300 affordable units by 2025 to address the severe
shortage of affordable housing options throughout Las Cruces.
The project will have 144 income and rent restricted units serving a demographic of working
family households with children. The location is ideal for families being located within walking
distance of new elementary and middle schools. The project will have a total of 100% of the
restricted units below 60% AMI and will give preference to active and retired military and will be
smoke free. There will be 6 residential dwelling buildings and 1 clubhouse. This structure marks
the entry to the site and establishes the character of the community. The frontage area of the site
bordering Peachtree Hills Road has been designed for a future bus stop. The clubhouse will
include a community room, computer center, management offices, and adjacent pool.
There will be 6 three-story buildings containing one-, two- and three-bedroom units. The total
building area will be approximately 119,984 square feet. The residential units are comprised of
72 one-bedroom units; 54 two-bedroom units and 18 three-bedroom units. The gross square feet
in each size unit are: one-bedroom unit 617; two-bedroom unit 965; three-bedroom unit 1,150.
Outdoor amenities will include bicycle racks, covered gathering spaces with fire pits, benches and tables, BBQ areas, age-appropriate playgrounds, garden areas, walking paths, and EV charging stations. Buildings on the site are organized around the green open space. This urban open space complements the open unbounded space of the desert surrounding the site. The design of the project presages the oncoming urbanization of the surrounding area and attempts to fit within both the current natural setting and the forthcoming built environment of the city.
Outdoor amenities will include bicycle racks, covered gathering spaces with fire pits, benches and tables, BBQ areas, age-appropriate playgrounds, garden areas, walking paths, and EV charging stations. Buildings on the site are organized around the green open space. This urban open space complements the open unbounded space of the desert surrounding the site. The design of the project presages the oncoming urbanization of the surrounding area and attempts to fit within both the current natural setting and the forthcoming built environment of the city.
Evidence of Need/Community Impact:
The City of Las Cruces recognizes the need for affordable housing. The 2021-2025 Consolidated
Plan reflects a shortage of nearly 5,000 rental units in the city for low-income households.
Apartment vacancy rates are close to 1% throughout the city and affordable properties have long
wait lists. Peachtree Canyon provides an opportunity to address the critical need for affordable
housing creating 144 new affordable units in Phase I and Phase II will offer 144 additional units
to meet the high demand and critical shortage of affordable housing in the City of Las Cruces. The
288-unit apartment community will be the largest affordable housing project in Las Cruces history
Your dream our commitment
The Group successfully ventured into Real Estate by creating a series of residential spaces at strategic locations in Kolkata, Siliguri and Durgapur under the aegis of Dream Homes.
Our mission is to engage in issues that are of concern to individuals, families and communities through an uncompromising commitment to create outstanding living, work and leisure environments.
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ReHomes Realty brings to you the Building Revolution. It all started with realistic
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1983
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1993
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2003
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2013
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2019
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