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real estate

Another build-to-rent project planned for Peoria

This one is near Happy Valley Road, 107th Avenue

A new build-to-rent community is planned for Peoria.

City Council unanimously approved a rezone and general plan amendment to pave the way for a gated one-story 82-unit multifamily development on 10 acres near Happy Valley Road and 107th Avenue within the Tierra Del Rio master-planned development.

Applicant Shaine Alleman of Tiffany and Bosco, on behalf of Xanadu Investments, said there has been as many as 14 zoning amendments over the years with this parcel because of the many different market shifts that have occurred.

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