November 22, 2024 12:47 am
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Deal looks to bring office development to West Valley freeway

W. Peoria Ave. and Loop 101 / Google Maps

Mike Sunnucks/Phoenix Business Journal

The city of Peoria and development firm Plaza Cos. have inked a deal aimed at bringing an office/business park to a 14-acre property at the Loop 101 freeway and Peoria Avenue in the West Valley.

Like a number of commercial real estate deals in the Phoenix market, Peoria will own the land and has approved a ground lease for Plaza Cos. develop it.

Plaza is headed by well-known developer Sharon Harper. Plaza and Harper are the master developers at the ASU SkySong development in Scottsdale.

Peoria hopes the deal will result in an office development that will bring tenants and jobs to the West Valley.

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