WHERE VISION MEETS VELOCITY

Set along the hillside in one of Arizona's fastest-growing cities lies an 800-acre expanse of undeniable potential - the Peoria Innovation Core - where lengthy daily commutes are traded for connection, productivity and progress. At PIC, infrastructure accelerates innovation. Energy flows from place to place and person to person. Ideas don't wait for permission and dreams never die at the doorway. This is where startups scale like rockets, global giants anchor down and next-gen talent make their marks.

An employment district designed to inspire the industries of tomorrow. A place to grow careers and mold futures. A powerhouse made to challenge the status quo, drive connection and pursue passion. Modern infrastructure meets natural beauty, blending advanced commerce with desert terrain. A bold new vision for how we work and play. Where ideas take shape and tomorrow unfolds. We eliminate barriers to make business growth not just possible, but inevitable.

Peoria Innovation Core: 834 Acres of State Land Primed for Industrial and Mixed-Use Development

Peoria, Arizona is unlocking one of the largest remaining development opportunities in the Greater Phoenix region: an area that spans almost 7,000 acres along Loop 303 and Lake Pleasant Parkway, stretching all the way to State Route 74. This 10.5-square-mile area of State Land Trust land represents a game-changing master-planned development zone - ideal for industrial, commercial, mixed-use, and employment-centric projects.

In December 2024, the Peoria City Council approved a landmark Intergovernmental Agreement (IGA) with the Arizona State Land Department (ASLD), enabling the City to lead the land planning process for this transformative corridor. The agreement brings certainty to the marketplace by establishing zoning and infrastructure frameworks ahead of public land auctions.

On August 27, 2025, the City of Peoria purchased 834 acres along the Loop 303 – the Peoria Innovation Core (PIC). City of Peoria is currently investing $500 million in Infrastructure and utility improvements to develop the area into shovel-ready sites.

Why the Peoria Innovation Core Matters to Site Selectors

• Shovel-Ready Sites
  
• Employment Growth Focus
  
• Strategic Location
  
• Balanced Development
  
• Open Space Preservation
  
• Utility Certainty
  
• Revenue & Education Impact

Arizona State Land: A Strategic Asset, Not Open Space

More than 75% of Peoria’s remaining developable land is Arizona State Trust Land - not preserved open space, but land held for high-value future development to benefit public education. The Peoria Innovation Core sits at the heart of North Peoria’s long-term growth zone, adjacent to established communities like Trilogy, Coldwater Ranch, and FIVE NORTH at Vistancia.

This corridor is one of the last large-scale master-planned areas in the city, offering unmatched potential for developers seeking scale, flexibility, and connectivity.

Long-Term Public-Private Partnership

With land-use certainty, utility readiness, and direct collaboration between the City of Peoria and ASLD, the Peoria Innovation Core is a rare opportunity for site selectors to shape a future-proof corridor in one of Arizona’s fastest-growing regions.

Learn more about land planning and entitlement efforts for the PIC.

Ready to explore shovel-ready industrial, commercial, or employment land in Peoria’s Innovation Core?

Connect with our team to learn more or schedule a site tour!