Monday, May 8, 2017

LOVE identifies the “Local Investment Group” that is requesting a General Plan Amendment on the Manning Property (Shannon Road)

LOVE has obtained the following information regarding the Manning Property

This parcel is currently being considered for a General Plan Amendment to change the land use/rezoning to accommodate 108 homes clustered on 6,250 square foot lots.

This parcel is currently zoned for rural low density residential 3.3 acre lots.

Parcel Numbers: (Book-Map-Parcel)
224-21-0020         224-21-0030        224-21-0040        224-21-0050

Legal Class

Sale Date and Price
February 2016
Sale Price $2,200,000 / Time Adjusted Sale $2,377,275

New Owners
Shannon 77 LLC
700 E Broadway Blvd., Suite 200, Tucson, AZ

Manager/Member Information Listing:

Gurpreet Jaggi
CEO of First Magnus when it  filed for bankruptcy in August 2007.  Read about the First Magnus bankruptcy filing here.

Gurpreet Jaggi
G&R 2009 Family Revocable Trust (Gurpreet S. Jaggi and Reema Sawhney, Trustees

David Williamson
Real Estate Developer, Fairfield Homes, 6420 E. Tanque Verde, Tucson, AZ

Garry Brav
President and Founder of BFL Construction
Multi-million dollar commercial projects throughout Tucson and Southern Arizona
Single family and Multi-family residential developer

SJ Holdings, LLC
c/o Gregory Gadarian (Gadarian Law Offices)
2200 E River Road, #123, Tucson, AZ 85718
Steven Scott Albert
Julie Mariane Albert

Indus Holdings, LLC
c/o Matthew Thrasher (Thrasher Law Offices)
1785 E Skyline Drive, #131, Tucson, AZ 85718