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Master developer chosen for 1 million-square-foot project in Peoria

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Posted at 9:16 AM, Jun 18, 2020
and last updated 2020-06-18 12:16:10-04

PEORIA, AZ — A massive mixed-use development with Class A office, hotel, retail and apartment buildings near Peoria Sports Complex is one step closer after the Peoria City Council approved an agreement Tuesday with American Life Inc. and Steinhauer Properties Inc.

The project, called Stadium Point, will include more than 1 million square feet of development on 17 acres owned by the city along 83rd Avenue south of Bell Road.

In October 2019, the city released a request for proposals seeking a master developer for the site. American Life was named the successful respondent in March.

“The P83 Entertainment District is a tremendous point of pride for our city, and we have worked strategically over the last few years to position this area for long-term success,” Peoria Mayor Cathy Carlat said in a statement.

Read more from the Phoenix Business Journal.