PulteGroup and Tri Pointe Homes have closed on the last remaining state land inside the Aloravita master planned community in northwest Peoria, paying $63 million for the parcel. The deal clears the way for more than 500 single family homes and a band of lots that will sit along natural washes and trail connections.
According to the Phoenix Business Journal, the transaction was structured as a 50/50 joint venture across roughly 274 gross acres, the final undeveloped piece inside the Aloravita master plan. The outlet reports that the closing locks in the winning bid from a state land auction and hands full control to the homebuilders for planning and infrastructure work.
inBusinessPHX reports that the site is expected to deliver about 568 total homesites, with Tri Pointe building roughly 275 homes and PulteGroup about 293. Phase one is slated to include about 109 Tri Pointe lots and 164 Pulte lots, with site grading anticipated to kick off in summer 2026 and model home construction targeted for the fourth quarter of 2027. Company leaders told the outlet that trail access, nearby retail and regional freeway connections were key reasons they teamed up on the purchase.
Location, trails and planned amenities
The parcel runs along Westwing Parkway north of Happy Valley Road, next to Rock Springs Wash and Sunrise Mountain Preserve, and sits near retail projects such as The Trailhead and 83 Marketplace, according to Pulte Homes. The builder’s community page calls out hillside lots, riparian habitat and a slate of planned amenities that include parks, ramadas, pickleball courts and a public trailhead. Local planning filings also reserve a future school site intended to attract a charter operator. Those open space edges and trail links are a recurring selling point in marketing materials and in statements from the builders.
What it means for Peoria and the Valley
Industry watchers say the deal reflects a broader move by national builders to refill their lot pipelines across Maricopa County as finished lot supply tightens. A Homes.com overview shows Tri Pointe stepping up its Valley presence, and contemporaneous coverage noted a competitive state land auction in October 2024 that drew multiple bidders before Pulte and Tri Pointe came out on top. Peoria City records and county assessor filings show other Aloravita phases already moving through platting and review, highlighting how quickly the northwest corridor is adding housing supply.
Both builders have said they will release pricing and sales timelines as they hit key development milestones. For now, grading is the next major step, and model home openings are not expected until late 2027. This story will be updated when the builders announce pricing and model home dates.
