Peoria Economic Development
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Peoria, AZ is a Top-Ranked City for Growth, Innovation and Community Excellence
From award-winning public policies to cutting-edge infrastructure and business-friendly initiatives, discover why Peoria is consistently ranked among the best places to live in Arizona.
2025 Retail Project of the Year - The Trailhead
Awarded by: Best of NAIOP | NAIOP Arizona
The Trailhead, a development by Pederson Group, Inc., is located at the northeast corner of 83rd Avenue & Happy Valley Road. It is home to specialty shopping, destination dining, and neighborhood-friendly amenities and stands as a stunning new neighborhood gateway to Peoria’s Sunrise Mountain Preserve.
2025 Spec Industrial Project of the Year <500,000 SF - Caliber by Greystar
Awarded by: Best of NAIOP | NAIOP Arizona
Caliber, located at the southwest corner of 79th and Grand Avenues, marks the first development piece to deliver within Greystar’s $500 million, 88-acre Peoria Place master plan. At build-out, the project will include luxury apartments, build-for-rent homes and ground-floor retail in the heart of Peoria’s historic downtown.
2025 Retail Project of the Year – The Park at 83 in Peoria, AZ
Awarded by: Real Estate Development (RED) Awards | AZRE Magazine
Peoria, AZ earned the 2025 Retail Project of the Year for its partnership with Common Bond Development Group on The Park at 83—a premier retail and dining destination located next to the Peoria Sports Complex. Featuring top-tier restaurants including Blanco Cocina + Cantina, Postino WineCafe, and North Italia, this vibrant mixed-use development has become a cornerstone of Peoria’s ongoing urban revitalization and commercial growth.
2024 Large Organization of the Year – City of Peoria Economic Development
Awarded by: EDDE Awards | Arizona Association for Economic Development
Peoria, AZ was named the Large Organization of the Year for its role in facilitating major economic investment. The Peoria City Council approved a landmark agreement with Amkor Technology, resulting in a $2 billion investment and the creation of over 2,000 high-quality jobs. This transformative project highlights Peoria’s position as a hub for advanced manufacturing and business growth in Arizona.
2022 Top 20 Boomtowns in America – Peoria Ranked #17 Nationally
Awarded by: 2022 Boomtown Report | SmartAsset
Peoria, Arizona ranked #17 among the Top 100 Boomtowns in America thanks to impressive growth metrics, making it one of the best cities in the U.S. for relocation, investment, and entrepreneurship:
3% average annual GDP growth
19% population growth
13% business growth
23% housing growth
2022 No. 1 Master-Planned Community in Arizona – Vistancia, Peoria
Awarded by: Ranking Arizona | AZ Big Media
Vistancia in Peoria was named Arizona’s #1 Master-Planned Community (2,300+ homes). Spanning 7,100 acres and home to 17,500+ residents, Vistancia offers unmatched living surrounded by the Sonoran Desert. Residents enjoy top-rated schools, resort-style recreation centers, golf courses, parks, and extensive trail systems—all with panoramic mountain and desert views.
2022 No. 2 Best Place to Live in Arizona – City of Peoria
Awarded by: Ranking Arizona | AZ Big Media
Peoria secured the #2 spot among the Best Places to Live in Arizona, based on public opinion and community satisfaction. Recognized for its high quality of life, business-friendly environment, and outstanding amenities, Peoria is one of the most desirable cities to live, work, and raise a family in the Valley.
2022 No. 1 Private Golf Course in Arizona – Blackstone Country Club at Vistancia
Awarded by: Ranking Arizona | AZ Big Media
Located in Northwest Peoria, Blackstone Country Club at Vistancia was ranked the #1 private golf course in Arizona. The 18-hole, par-72 championship course—designed by Jim Engh—offers an elite golf experience inspired by traditional Irish links. Set against a stunning backdrop of desert mountains and saguaros, Blackstone delivers luxury living and recreation in one of Arizona’s most prestigious communities.
More National and Statewide Recognition for Peoria, AZ
- #1 Best City to Live, Work & Play in Arizona
Ranking Arizona, 2021
Peoria ranked #1 in Arizona for overall quality of life, career opportunities, and recreational amenities—making it the top choice for individuals and families looking to relocate in the Valley.
- #7 City in the U.S. for Most Open Space
Rent.com, 2020
Known for its scenic landscapes, Peoria was ranked among the top cities with the most open space, offering residents expansive parks, nature preserves, and outdoor recreational areas.
- #5 Wealthiest ZIP Codes in Greater Phoenix (85383)
Phoenix Business Journal, 2020
The 85383 ZIP code in Peoria was ranked the 5th wealthiest in the Valley, reflecting the city's strong housing market, high-income households, and premium lifestyle offerings.
