Spring Canyon Estates
Thatcher, Arizona
Located within the central portion of the town of Thatcher, Arizona, the subject property consists of 148 single –family residential lots. In and around the Safford/Thatcher area are mixed commercial, residential and agricultural land in the outer lying areas.
Connected by Highway 70, Safford and Thatcher are the most intensively developed areas within Graham County. Major grocery chains as well as a Wal-Mart Supercenter, Walgreens and several fast food restaurants are accessible to the residents of both Safford and Thatcher.
The Safford/Thatcher area has also become the retail trade and service center for a regional population, which includes Greenlee County, eastern Gila County, northern Cochise County, San Carlos Apache Reservation and southwestern New Mexico. According to the Arizona Department of Commerce, the regional population is more than 65,000 people.
Phelps Dodge Corporation, a large copper operation, is expanding its operation from neighboring Greenlee County into the Safford area and is expected to employ an additional 500 employees. The City of Safford Bureau of Land Management, the US Forest Service, a state and federal prison and a wide variety of retail and service businesses offer residents substantial employment opportunities.
The area is considered to be in a growth stage with the commercial development and expanded mining operation. Overall, the subject neighborhood is considered to have a positive impact upon the community.