Grandstone at Sunrise

Grandstone at Sunrise, located at the intersection of Lake Pleasant Parkway and Happy Valley Road in north Peoria, Arizona, is a new community situated on 9.8 acres featuring luxury one and two-story cottage style homes for lease.

As part of the Sunrise Promenade, a master-planned development by Thompson Thrift Retail Group, Grandstone serves as the residential component of this mixed-use project. Located within the upscale community of Peoria, the Lake Pleasant Parkway/Happy Valley Road intersection is the retail focus within the Peoria submarket. Surrounded by national and regional retailers, including SuperTarget, Kohl's, Lowes, Starbucks, Fry's Marketplace, and Sprouts Farmers Market, Grandstone at Sunrise will offer residents not only a wide selection of shopping and dining options inside Sunrise Promenade but also nearby.

Peoria has been one of the fastest-growing cities nationally for the past 30 years and recently has emerged as a center for innovation and employment growth. The city now has four Planned Area Development projects underway, including an approximately 112-acre medical center and two commercial parks totaling around 650 acres. These will accommodate a variety of employment uses, such as high-tech manufacturing, corporate offices, limited light industrial, wholesaling, warehousing, distribution, and business park uses, as well as support retail and hotels.

With a median age of 36 years, the Greater Phoenix market is the sixth youngest metro in the U.S. Projected employment growth over the next decade is an impressive 10%, compared to the national average of 6%.