In 2004, the ambitious master-planned community of Vistancia in Peoria, Arizona began its journey. Now, it is set to reach its fifth and final phase with FIVE NORTH at VISTANCIA. Construction of this new development is expected to commence in early 2024 and will include a main street restaurant/retail corridor, hospitality facilities, office spaces for businesses and healthcare services as well as educational institutions. Additionally 1,500 luxury mid-to high-density residential units are planned for the area along with an extension of Vistancia’s signature Discovery Trail which will offer a linear park connection through the entire property.
The site is located 10 minutes away from Taiwan Semiconductor Manufacturing Co (TSMC) in North Phoenix making it ideal for workforce development since there are 462 500 workers within 30 minutes drive time from here. IHP Capital Partners based out of California and Minneapolis based Värde Partners jointly own this project that has been years in the making but now looks ready to be completed soon!
