December 22, 2024 12:23 pm
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3 homebuilders sign on for final chunk of 7,100-acre Peoria community

Northpointe at Vistancia is the fourth and final lifestyle community at Vistancia, a master-planned community in north Peoria. / Provided by Vistancia / Phoenix Business Journal

West Valley gaining momentum as a hotbed of housing activity

By Angela Gonzales | Phoenix Business Journal

Three homebuilders have signed contracts to be the first to build on the last remaining chunk of land at Vistancia, a $350 million master-planned community in Peoria.

One of those homebuilders — Atlanta-based Pulte Homes — will debut at Vistancia, while the other two — Houston-based David Weekley Homes and Scottsdale-based Richmond American Homes — have already built homes within Vistancia’s 7,100-acre community, said Mark Hammons, vice president and general manager for Vistancia.

Dallas-based Stratford Land, the developer of Vistancia, is investing about $200 million for the remaining parcel of land at Vistancia, which covers 3,450 acres.

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