{"id":1827,"date":"2026-06-16T18:03:51","date_gmt":"2026-06-16T18:03:51","guid":{"rendered":"https:\/\/arizonamovinginsider.com\/?p=1827"},"modified":"2026-06-16T18:03:51","modified_gmt":"2026-06-16T18:03:51","slug":"two-giant-homebuilders-close-on-63m-state-land-buy-in-peoria","status":"publish","type":"post","link":"https:\/\/arizonamovinginsider.com\/?p=1827","title":{"rendered":"Two giant homebuilders close on $63M state land buy in Peoria"},"content":{"rendered":"
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Tri Pointe Homes and PulteGroup have closed on the final parcel of land at the 1,200-acre Aloravita master-planned community in Peoria.<\/p>\n

Read more WATCH: Arizona family has double the joy, as two sisters give birth hours apart at same hospital<\/a><\/p>\n

Back in October 2024, the two giant builders were the winning bidders for a 274-acre parcel near 83rd Avenue and Happy Valley Road, securing the parcel for $63 million.<\/p>\n

As the winners back then, the builders received a certificate of purchase, and only had to pay interest on the land until closing the deal nearly two years later on June 5.<\/p>\n

Read more One dead after crash involving pedestrian near 57th Avenue and McDowell Road<\/a><\/p>\n

Behind the scenes, the homebuilder joint venture has been obtaining necessary entitlements from the city of Peoria to develop the property.<\/p>\n

Read more New pedestrian safety zones, e-bike restrictions coming to Scottsdale parks<\/a><\/p>\n

Read more of this story from the Business Journal.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Tri Pointe Homes and PulteGroup have closed on the final parcel of land at the 1,200-acre Aloravita master-planned community in Peoria.<\/p>\n","protected":false},"author":1,"featured_media":1826,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nTwo giant homebuilders close on $63M state land buy in Peoria - Arizona Moving Insider<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/arizonamovinginsider.com\/?p=1827\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two giant homebuilders close on $63M state land buy in Peoria - Arizona Moving Insider\" \/>\n<meta property=\"og:description\" content=\"Tri Pointe Homes and PulteGroup have closed on the final parcel of land at the 1,200-acre Aloravita master-planned community in Peoria.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/arizonamovinginsider.com\/?p=1827\" \/>\n<meta property=\"og:site_name\" content=\"Arizona Moving Insider\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-16T18:03:51+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/#\\\/schema\\\/person\\\/9c272b4cf18e019eb01eb3c1b5d855fb\"},\"headline\":\"Two giant homebuilders close on $63M state land buy in Peoria\",\"datePublished\":\"2026-06-16T18:03:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827\"},\"wordCount\":165,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/arizonamovinginsider.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/a70fbf3d101119e66680faeb03e90384.jpg\",\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827\",\"url\":\"https:\\\/\\\/arizonamovinginsider.com\\\/?p=1827\",\"name\":\"Two giant homebuilders close on $63M state land buy in Peoria - 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