Shea Homes has purchased 29 acres of land in Aloravita, a master planned community in Peoria, Ariz. and plans to build 124 single-family homes on site.
The builder says it will start construction on model homes in the third quarter of 2018. The homes will range in size from approximately 1,967-3,600 square feet, and should be available for sale in early 2019.
“Peoria’s economic growth continues to draw more new home buyers to the area, and we are excited to be a part of this vibrant new community at Aloravita,” said David Garcia, Shea Homes Arizona vice president of land acquisition and development. “This community is in a terrific area with thriving employment, schools, and transportation corridor. Not only that, but the topography truly sets it apart.”
Shea Homes, along with Pulte and Taylor Morrison, are involved in the upcoming Aloravita master planned community that is zoned for nearly 4,000 single-family homes.
Earlier this year, Shea Homes opened three other Peoria communities: Evolve, Latitude, and Reserves at Cantilena, which when complete, will total 135 homes.
