Photos courtesy of Five North
Serving as a crowning achievement in the highly acclaimed 7,100-acre Vistancia master planned community, Five North at Vistancia is a breakthrough in commercial development set to significantly influence North Peoria’s real estate, social, and economic dynamics.
This progressive 320-acre commercial hub is a testament to vision and innovation, crafted to be a lively, vibrant lifestyle destination packed with diverse experiences. The developers are steadfast in their objective to introduce ‘best in class’ and ‘first to market’ lifestyle and living choices in North Peoria.
Anticipated to create a significant landmark in North Peoria’s urban expansion, Five North at Vistancia is slated to feature a main street restaurant/retail corridor, hospitality, office, healthcare, education, and an employment core in its initial phase. The development will also welcome an additional 1,500 luxury mid-to-high-density residential units, reflecting the same high-quality, desert-inspired design elements that have become synonymous with the distinguished Vistancia community.
An extension of Vistancia’s hallmark Discovery Trail is planned, promising a linear park connection throughout the property. This feature will create a well-integrated community encouraging outdoor activities.
The developers aim to diversify housing offerings and lifestyle opportunities within the Commercial Core – a 320-acre area presently zoned mixed-use. With Five North at Vistancia, they anticipate a major amendment to the zoning entitlement or planned community district (PCD).
Strategically nestled adjacent to the 36-mile Loop 303/Bob Stump Memorial Parkway at Lone Mountain Parkway, the development ensures easy access to the entire West Valley, connecting to major freeways including 1-10, US60, and I-17. Its prime location, coupled with a diverse selection of residential homes, unmatched amenities, and exceptional quality of life, further solidifies Vistancia’s reputation as a desirable destination.
Construction of this 320-acre commercial and retail destination is set to commence in early 2024. As the final lifestyle community within the 7,100-acre Vistancia, Five North at Vistancia aims to bring a fresh surge of unique, creative experiences for residents and visitors alike. Its vision is to establish itself as a vibrant destination offering a pedestrian-friendly connection to novel experiences.
Located a mere 10-minute drive from the Taiwan Semiconductor Manufacturing Co. (TSMC) in North Phoenix, Five North at Vistancia sits in a promising zone for workforce development. With 462,500 workers within a 30-minute drive time, as indicated by the city of Peoria Economic Development’s office, the region is prepared for substantial employment growth within the next five to 10 years.
Enhancing local community life, the development is expected to bolster the already impressive quality of life the West Valley offers. The contribution from Five North at Vistancia’s new commercial core will likely result in an increase in local tax revenue, enabling the city to expand vital services such as fire and police in North Peoria.
As Five North at Vistancia evolves, developers are dedicated to continuous community engagement. The next community meeting is slated for Wednesday, June 7, at the Mountain Vista Club gymnasium, 29701 N. Sunrise Point, Peoria, from 6 p.m. to 7:30 p.m. This open forum will provide a valuable platform for dialogue, reinforcing the collective commitment to making Five North at Vistancia a true gem in North Peoria’s urban landscape.
