A Strategic Growth Market for Health Care Development 

Peoria, Arizona is quickly becoming one of the most dynamic health care growth centers in the Greater Phoenix region. With a strong health care employment base, expanding infrastructure, and consistent private and public investment, Peoria offers a strategic, shovel-ready environment for health care operators and developers. 

Health Care Investments Driving Market Momentum 

Over the past few years, Peoria has seen significant investment in new health care infrastructure. 

April 2025, grand opening of 100,000-square foot HonorHealth facility in P83 – a $70 million investment offering a comprehensive cancer research facility as well as physical therapy, gastroenterology, primary care, orthopedics, cardiology, plastic surgery, and breast surgery.   

In 2021, Valleywise Health opened a $70 million, 127,000-square-foot health center—a flagship facility providing comprehensive care in one of the region’s fastest-growing communities.

These projects highlight Peoria’s ability to support rapid development timelines and accommodate mid- to large-scale medical facility requirements. 

Plaza del Rio: Arizona’s Premier Off-Hospital Medical Campus 

Peoria is home to the largest off-hospital medical campus in Arizona: Plaza del Rio, a 185-acre master-planned health care community. It features:

- A diverse portfolio of medical office buildings and senior living facilities, enabling continuum-of-care solutions in one location.

- Direct access to Banner Sun Health Boswell Hospital and five full-service hospitals within a 15-minute drive.

- A built-in patient base and health care-oriented infrastructure, ideal for expanding inpatient or outpatient operations. 

A Regional Health Care Corridor on the Rise 

Peoria’s expanding Health Care Corridor includes established and emerging providers across a wide range of services. Proximity to Banner Medical Center and City of Hope enhances regional visibility and strengthens Peoria’s positioning as a high-demand medical services destination. 

 
Why Site Selectors Are Looking to Peoria 

Peoria offers a compelling value proposition for health care operators and investors:

- Speed to market with flexible zoning and experienced development partners

- Strategic location within the Phoenix MSA and excellent regional access

Explore Opportunities in Peoria's Health Care Corridor

Whether you’re planning a medical office building, outpatient facility, specialty hospital, or senior care community, Peoria is ready to support your next project. 

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