Development agreement
Desert Cactus Lane and Westward Skies Drive, Peoria, AZ
3/ 5
Notable
Bedrock impact score
Action type
Development agreement
Asset class
Commercial
Status
On municipal record
Filed
2026-08-11
Jurisdiction
Peoria, AZ
Days on record
18 days
Approx — jurisdiction center
01Investment highlights
Why this deal matters
- Development agreement in Peoria, AZ · Commercial
- Bedrock impact score 3 of 5 — Notable
- A new 30-inch waterline through the Five North Commercial Development signals active backbone infrastructure investment by Vistancia
- Improving water capacity and serviceability for adjacent or future commercial parcels in this growth corridor.
- On the municipal record 18 days (filed 2026-08-11)
02Deal summary
The rationale
A new 30-inch waterline through the Five North Commercial Development signals active backbone infrastructure investment by Vistancia — improving water capacity and serviceability for adjacent or future commercial parcels in this growth corridor.
Peoria City Council is considering approval of a Waterline Development Agreement with Vistancia Development, LLC for construction of a 30-inch waterline along Desert Cactus Lane and Westward Skies Drive through the Five North Commercial Development.
03Deal facts
The filing record
- Jurisdiction
- Peoria, AZ
- Action type
- Development agreement
- Asset class
- Commercial
- Applicant
- Vistancia Development, LLC
- Status
- On municipal record
- Filed
- 2026-08-11
- Days on record
- 18 days
04Location
Where this sits
Desert Cactus Lane and Westward Skies Drive, Peoria, AZ
33.78620, -112.30800 · approximate (jurisdiction center)
Area demographics
Maricopa County
4,412,779
Population
$67,799
Median HH income
1,596,784
Households
$1,012
Median rent
U.S. Census · ACS 5-year
05Record timeline
Filing to current status
- Filed with jurisdiction2026-08-1118 days on record
- Scored by BedrockRelevance 3 / 5Automated land-use signal
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