Discover New Developments in Phoenix Metro: Upcoming Projects, Communities & More in 2024

Highlighting New Communities and New Developments/Projects coming to the Greater Phoenix Metro...Your #1 Source For Everything Arizona!

Arizona Coyotes Reveals Ambitious Arena Plans for Proposed North Phoenix, AZ Site

The Arizona State Land Department has scheduled a public auction for the land in north Phoenix, proposed as the site for a new arena by the Arizona Coyotes. The auction, set for June 27, involves over 110 acres located at the northwest corner of the Loop 101 freeway and Scottsdale Road, a thriving area near Desert Ridge Marketplace, Mayo Clinic, and the Fairmont Princess Scottsdale. Should the Coyotes emerge as the winning bidder, they've revealed ambitious plans for the site, including an arena, an entertainment district featuring restaurants and shops, office towers, and hundreds of residential units.

This initiative marks the NHL franchise's latest endeavor to secure a permanent home in the Valley, following the rejection of their $2 billion arena and entertainment district proposal by Tempe voters in 2023. Xavier Gutierrez, CEO of the Coyotes, expressed disappointment in the Tempe outcome but emphasized their swift transition to pursuing the current site, which they consider the prime location in the Valley.

In preparation for potential success in the land auction, the Coyotes have already enlisted Gensler as the project's architect and AECOM Hunt as the general contractor. The proposed development encompasses multiple phases, with the hockey arena taking precedence. The entertainment district will feature the NHL arena, retail, dining, a live music theater, and a fan zone, all under one roof. Initial construction aims to commence in the second quarter of 2025, targeting a fall 2027 opening for the arena.

Phase One will include the Coyotes headquarters office building, the team’s practice facility, and parking structures. Subsequent phases will incorporate offices, residential units, additional retail, and dining options. 

Peoria, AZ Poised for Significant Growth as Next Hotspot in the Valley

Peoria is forging ahead in collaboration with the state of Arizona to unlock vast expanses of land for future expansion opportunities. With the imminent arrival of Taiwan Semiconductor Manufacturing Co. (TSMC) with a $40 billion investment and plans underway for a $2 billion Amkor semiconductor plant, Peoria's municipal leaders are strategically earmarking 8,300 acres of state trust land as the next epicenter for development in the metro Phoenix area.

In March, Peoria revealed its forward-looking growth blueprint and proposed modifications to its 2040 general plan, a foundational policy framework guiding the city's long-term development, during a council study session. Expected to undergo voting by the Peoria City Council in September after extensive consultations with neighborhoods and planning commissions throughout 2024, these proposed general plan amendments aim to shape the city's trajectory for decades to come.

One focal point is the identification of two primary areas for potential development: the North Peoria Gateway encompassing 1,621 acres along Loop 303 near the Vistancia community, and the Peoria Innovation Core, spanning approximately 6,700 acres of state land from Loop 303 to State Route 74.  The North Peoria Gateway is envisioned as a mixed-use zone featuring residential and commercial facilities, including retail, educational, and healthcare amenities. While most of this area is within Peoria's jurisdiction, the city plans to annex an additional 487 acres to facilitate comprehensive development. Pre-annexation agreements and entitlement processes for the 1,621-acre tract are slated for review by the planning commission by Q3.

Adjacent to the North Peoria Gateway, the Peoria Innovation Core aims to become a regional economic powerhouse, focusing on sectors such as medical, engineering, and manufacturing. Mayor Jason Beck sees parallels between this initiative and the growth witnessed in cities like Austin, Texas, and Phoenix, emphasizing the potential for job creation and economic vitality over the coming decades. Beyond these designated areas, Peoria is also eyeing the establishment of a Peoria Airpark, intended to serve as both a general aviation airport and an industrial hub. Preliminary estimates suggest that this ambitious project could generate substantial employment opportunities and tax revenue, aligning with Peoria's broader strategy to attract businesses and enhance local amenities.

Proposed Gilbert, AZ Development Attracts Whole Foods and Dick's Sporting Goods

The Gilbert Planning Commission recently reviewed plans for the proposed Signature at San Tan Village project during a study session held on April 3. This ambitious project, set to occupy the northwest corner of Williams Field Road and San Tan Village Parkway, encompasses 326,731 square feet of retail, dining, and commercial space across 11 buildings. Among the notable tenants anticipated for the development are Whole Foods Market, Dick's Sporting Goods House of Sport, Fidelity Investments, and First Interstate Bank. 

The proposed development is designed to unfold in a single phase across six parcels, each designated for specific uses. Spearheaded by Oak Brook-based Kensington Development and situated on land owned by Mesa's Lesueur Investments, the 30.4-acre Signature at San Tan Village project has enlisted EPS Group Inc., a Mesa-based civil engineering firm, as a consulting partner. This project represents an extension of the existing retail landscape, complementing neighboring establishments like Birdcall restaurant, Cooper's Hawk, and Living Spaces furniture store. Across the street lies the SanTan Village outdoor retail center, housing prominent brands such as Macy's, Dillard's, and Best Buy, along with an existing Dick's Sporting Goods outlet.

Howard Hughes Completes Sale of 365 Lots in Expansive Buckeye, AZ Community

Howard Hughes Holdings Inc. has finalized the sale of 365 lots in Buckeye to the first set of homebuilders for development within Teravalis, its expansive 37,000-acre master-planned community in the West Valley city. The transactions, which closed on March 26, saw KB Home purchasing 106 platted and engineered lots for $2.4 million, AGWIP Asset Management acquiring 105 lots on behalf of Lennar Corp. for $2.3 million, Brightland Homes securing 87 lots for $1.9 million, and Courtland Communities obtaining 67 finished lots for $7.4 million, according to Tempe-based real estate database Vizzda LLC.

All of these lots are situated within Floreo, the inaugural village within Teravalis. Upon completion, the Buckeye project aims to accommodate 100,000 homes, house 300,000 residents, and feature 55 million square feet of commercial space, making it the largest master-planned community to be developed by Howard Hughes, renowned for its successful ventures in Texas and Nevada.

The grand opening of Floreo is scheduled for 2025, with additional homebuilders expected to join the initiative in the coming months. Floreo encompasses approximately 5,000 single-family lots across 3,029 acres, serving as the initial phase of the expansive Teravalis master plan. The development, located west of the White Tank Mountains and about 35 miles from downtown Phoenix, signifies a significant milestone for the region's housing market, providing an optimistic outlook for the future, according to industry experts.

Arizona Poised to Become Launchpad and Regulatory Pioneer for Flying Cars

Arizona is not just a witness to the future; it's legislating it. Now, attention turns skyward as flying cars transition from sci-fi to Arizona's legislative agenda. Sen. David Farnsworth leads a bold legislative effort, paving the way for flying cars. The proposed legislation allows owners of "roadable aircraft" to obtain licenses for street and air travel, soaring up to 12,000 feet at 160 mph. The move streamlines registration, likening these vehicles to motorcycles due to their three-wheel design, embodying Arizona's innovative spirit.

This legislative push represents not just the creation of laws but also foretells the legal complexities ahead. As flying cars navigate roads and skies, Arizona must address traffic laws, liability, and insurance, navigating uncharted legal territory. Considering the business implications, imagine flying robot taxis and freight shipment revolutionizing transportation. Arizona, already home to Waymo's robot taxis, may lead in this airborne commerce revolution, reshaping shipping logistics.

While embracing innovation, safety remains paramount. Arizona's legislation is just the beginning; agile laws are needed to govern evolving technology. As Arizona shapes the future through legislation, the role of safety advocates is crucial. Together, we're not just spectators; we're active participants, shaping a future where technology and law coexist harmoniously.

Creators of Salad and Go Bring New Steakhouse Ambiance Drive Through Concept

Adding a new dimension to the traditional drive-thru concept, Angie's Prime Grill has debuted its inaugural Valley establishment, setting the stage for an innovative dining experience. As an offshoot of Angie’s Lobster, this venture marks the latest endeavor from Salad and Go co-founders Tony and Roushan Christofellis. Building upon the success of their previous projects, the Christofellis duo is committed to bringing premium steak, chicken, shrimp, and lobster offerings to a wider audience without compromising on quality or affordability. With chicken meals starting at $6.99 and the surf and turf combo (featuring steak and shrimp) priced just under $17, Angie's Prime Grill promises a satisfying culinary experience at reasonable price points.

While initially introduced at Angie’s Lobster locations, Angie's Prime Grill is poised for expansion across the Valley. The company envisions establishing eight Angie's Prime outlets in metro Phoenix, signaling potential for a nationwide rollout in the future. To complement its distinctive culinary offerings, Angie’s Prime Grill has enlisted the expertise of Valley-based Ideation Design Group to craft an innovative drive-thru model. Carl Schaffer, the founder and principal of Ideation Design Group, reveals that the architectural design is inspired by the aesthetics of a classic steakhouse, offering a unique twist to the quick-service restaurant format.

The flagship Prime Grill outlet spanning 1,000 square feet and prioritizing drive-thru functionality. Schaffer emphasizes that the design not only appeals to customers but also aligns with municipal zoning regulations, presenting an aesthetically pleasing alternative to conventional fast-food establishments.

The inaugural stand-alone Angie’s Prime Grill location debuted in Central Phoenix in March, located at 53 W. Thomas Road. While this establishment differs from future plans due to its placement within an existing retail center and lack of a drive-thru, an upcoming location featuring a drive-thru option is slated to open at Indian School and 32nd Street in Phoenix during the fall season.

For more information and to stay up to date with everything coming to the Greater Phoenix Metro visit our News, Updates and Coming Soon page to stay updated on a weekly basis. If you want to learn more about what is coming to your neighborhood, city or area of interest, feel free to book a time with me below for a discussion!