Grandstone at Sunrise

Grandstone at Sunrise, located at 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 villa-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 Peoria's upscale community, 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 long been one of the fastest-growing cities nationally and is now emerging as a center for innovation and employment growth. The City has multiple planned area development projects underway, strengthening its presence as a central focus for work, shopping, and entertainment in the West Valley. Notable is a future mixed-use project bringing 500K sq. ft. of Class A office and a business class hotel to an already vibrant entertainment district. Others include large parcels targeted for various employment uses, such as high-tech manufacturing, corporate office, and limited light industrial. Longer-term, a 400-acre mixed-use project is in the planning stages along the Phoenix’s outer Loop 303, central to the Northwest Valley’s rapid yet deliberate growth.

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%.