Arizona's Big Boom: Discover the Newest Communities, Entertainment Hubs, and Tech Developments Transforming the Phoenix Metro

by Eric Ravenscroft, CRS

Cover image for Greater Phoenix News & Updates - November 2024, featuring the latest developments in Verrado, Buckeye, AZ, including a new entertainment hub, dining, retail, and lifestyle options. Highlights the rapid growth of the area with key projects like Verrado Marketplace, Buckeye Commons, and The Landing, offering unique community amenities. Perfect for residents, investors, and those interested in Arizona’s expansion and new real estate opportunities.

Discover the Exciting Developments Shaping Arizona’s Future

Arizona’s landscape is transforming with vibrant new communities, entertainment hubs, and tech-forward developments that are setting the stage for a thrilling future. From Buckeye’s bustling Verrado area, packed with shopping, dining, and healthcare expansions, to the affordable, resort-style living coming to Skyline Village in San Tan Valley, there’s something for everyone. In Phoenix, the ambitious Halo Vista project promises to elevate the city into a global tech hub, while Peoria is welcoming the sophisticated Tavern Park entertainment venue and the sustainable Saddleback master-planned community.

Whether you're a resident, investor, or just fascinated by Arizona's rapid growth, dive into this month’s update to explore the latest projects shaping your community. These developments could redefine your next move—let’s take a closer look!


New Entertainment Hub with Exciting Retail, Dining, and Lifestyle Developments Coming Soon to Verrado in Buckeye, AZ

Map of Buckeye, AZ highlighting the new entertainment hub and development area near Verrado and Sundance communities, showcasing The Landing mixed-use district with planned retail, dining, and lifestyle amenities near I-10 in the rapidly growing West Valley region.

The Verrado community in Buckeye, AZ, is experiencing unprecedented growth, establishing itself as one of the most highly sought-after areas in Arizona. Key projects include the new Mix on Roosevelt, a 32-acre development with a 100,000-square-foot shopping center and a 394-unit apartment complex featuring a Sprouts grocery store, and the expansive 520,000-square-foot Verrado Marketplace, set to open in 2026 with major retailers like Target, Safeway, and Harkins Backlot. Nearby, the Costco-anchored Buckeye Commons and Roosevelt Commons add even more shopping, dining, and entertainment options, creating a vibrant retail corridor along Verrado Way.

This surge of development has also brought significant healthcare expansion, with new Banner Health and Abrazo campuses, as well as The Landing—a visionary 2,100-acre mixed-use district south of I-10 that will feature recreation, housing, and educational spaces. These diverse amenities and the area's continued growth have transformed Verrado into a top destination in the West Valley, attracting families, professionals, and retirees looking for a dynamic, pedestrian-friendly community with unmatched convenience and lifestyle options.


Skyline Village in San Tan Valley: New Master-Planned Community Brings Affordable, Resort-Style Living to Arizona’s Southeast Valley

Rendering of the new Skyline Village community center in San Tan Valley, Arizona, showcasing modern architecture and vibrant landscaping. Skyline Village offers affordable, resort-style living with planned amenities like parks, splash pads, trails, and recreational facilities, attracting homebuyers to the Southeast Valley.

Aread Inc. has closed several major lot sales with homebuilders for its Skyline Village community in San Tan Valley, south of Phoenix. This 300-acre development, approved for 1,150 single-family homes, has attracted builders like KB Home, Century Communities, and Ashton Woods, who are set to begin construction on affordably priced homes ranging from 1,200 to 2,700 square feet as early as next summer. The area’s limited resale inventory and new nearby employment hubs, such as the LG Energy Solution Plant, make Skyline Village a prime location for growth in the southeast Valley.

Skyline Village’s planned amenities include a $7 million package with parks, splash pads, a loop trail, dog parks, playgrounds, and courts for basketball and pickleball, along with over 75 acres of open space. The development aims to offer resort-style living at accessible prices, meeting the high demand for new homes as nearby cities like Gilbert and Queen Creek face limited affordable options.


Halo Vista: The $7 Billion Master Plan Transforming Phoenix into a Global Tech Hub

Draft conceptual plan for Halo Vista, a $7 billion master-planned community in Phoenix, Arizona, featuring a mixed-use layout with industrial, residential, and commercial districts. This 2,300-acre development by Mack Real Estate Group aims to create a dynamic hub for technology and innovation around the TSMC complex, offering substantial commercial space and residential units to support Phoenix's growth as a global tech center.

Mack Real Estate Group and McCourt Partners have unveiled Halo Vista, a $7 billion, 2,300-acre mixed-use development surrounding the TSMC complex in northern Phoenix. Designed as a "city within a city," Halo Vista will feature 30 million square feet of commercial space, including industrial, retail, hospitality, and research districts, along with up to 9,000 residential units. Anchored by TSMC's historic $65 billion investment—projected to grow to $120 billion—the project aims to create a vibrant ecosystem for semiconductor manufacturing, research, and innovation, generating up to 70,000 jobs. Key hubs include The Forge, focused on manufacturing, and the Sonoran Oasis Research and Technology Park, dedicated to R&D and engineering.

This ambitious project builds on Phoenix’s efforts to become a global tech hub, modeled after Taiwan’s Hsinchu Science Park. With its strategic location and robust partnerships, Halo Vista is set to transform the region, attracting businesses, students, and researchers while boosting Arizona’s economy. As Mayor Kate Gallego called it, Halo Vista could be Phoenix’s “legacy project,” reshaping the Valley’s future with unprecedented scale and innovation.


Tavern Park: Peoria’s New $13M Entertainment Hotspot Redefining Dining and Nightlife in the West Valley

Rendering of Tavern Park, a new upscale entertainment venue in Peoria, AZ, featuring a high-end sports bar, rooftop lounge, and indoor-outdoor dining spaces. Opening in the P83 district, Tavern Park promises to elevate nightlife in the West Valley with unique amenities, including a 125-foot HD LED wall and dog-friendly patio.

Peoria’s P83 district is set to welcome Tavern Park, a 13,000-square-foot entertainment venue that will elevate the West Valley’s nightlife scene. Opening next summer at 8320 W. Mariners Way, Tavern Park combines a high-end sports bar, a nightclub, a rooftop lounge with panoramic views, and a climate-controlled indoor park, all under one roof. Brought to life by the team behind Phoenix’s Lookout Tavern, this destination promises a dynamic atmosphere for sports fans, casual diners, and nightlife enthusiasts alike. With a massive 125-foot HD LED wall, an upscale cocktail program, and lush indoor-outdoor spaces, guests can enjoy everything from major games to weekend DJ nights.

Designed by Brick & West Design and constructed by Caruso Construction, Tavern Park aims to become the go-to spot for locals and visitors, offering unique dining, entertainment, and a dog-friendly double-decker patio. With a $13 million investment, the venue brings sophistication to the P83 district, enhancing Peoria’s entertainment options and creating 150 job opportunities.


Saddleback Master-Planned Community Breaks Ground in Peoria: 6,500 Homes, Scenic Trails, and Sustainable Living

Conceptual map of the Saddleback master-planned community in North Peoria, AZ, showcasing multiple residential villages, open spaces, and scenic trails. This expansive development by Castle Hill Partners will feature 6,500 homes, 180 multifamily units, and sustainable amenities near Lake Pleasant, creating a vibrant, eco-friendly community in the West Valley.

Austin-based Castle Hill Partners has begun developing Saddleback, a 5,300-acre master-planned community in Peoria, Arizona, set to feature 6,500 homes, 180 multifamily units, and over 60 miles of trails. Leading builders Lennar Corp. and Taylor Morrison Home Corp. will construct the first 572 homes in Saltbrush Village, with future phases offering custom homes on scenic mountain lots. Located six miles from Lake Pleasant and near the $65 billion Taiwan Semiconductor Manufacturing Co. plant in North Phoenix, Saddleback promises a mix of residential options and easy access to major employers and outdoor amenities.

The community emphasizes sustainability, replacing planned golf courses with open spaces, public parks, and trails to conserve Arizona’s water resources. Vistancia Boulevard will extend through Saddleback, connecting to Arizona State Route 74. With nearby developments and its strategic location, Saddleback is set to become a premier destination for modern, eco-conscious living in the booming Peoria region.


Stay Tuned to the Phoenix Metro’s Rapid Transformation

The Phoenix Metro area is booming with new developments in entertainment, business, and residential spaces, bringing fresh opportunities across the region. As this vibrant community continues to grow, there's always something exciting on the horizon. Visit our ‘News and Updates’ page regularly to stay informed on the latest projects and trends shaping your area.

Wondering how these changes might impact your real estate journey? Let’s talk! Book a consultation to explore how you can make the most of Phoenix Metro’s dynamic growth to meet your real estate goals.

 

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About the Author

 

Looking for a dedicated real estate professional in Arizona? Meet Eric Ravenscroft, your trusted expert passionate about helping you navigate the real estate market. With over 14 years of experience in real estate and financial planning, Eric is committed to providing unparalleled service and guidance.

 

Whether you're searching for a new construction home, exploring investment opportunities, or planning for your financial future, Eric brings the expertise and dedication to help you achieve your goals.

Reach out to Eric Ravenscroft today and start your journey toward success in real estate. Call or text Eric today!

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