The Economic Development Services Department has assembled a forum of the leading thinkers and strategists to engage in an economic development strategy session. The goal is to promote partnerships and solutions to strengthen the economic competitiveness of the Valley as well as discuss investment opportunities in Peoria.

1. Connecting Locally to Expand Globally
PEORIA CASE STUDY
January 19, 2012

2. Today’s Presentation
 The Peoria Opportunity
 Quick Facts on Peoria
 Moving ED Forward in Peoria
 Investment Zones
 Vistancia Mega Site
 P83 Entertainment District
 Plaza del Rio
 Old Town Redevelopment
 Rovey Industrial Park Mega Site
 Conclusion

3. The Peoria Opportunity
 Peoria is focused on Development
 Economic Development is the City’s priority
 We have a game plan
 We are willing to invest and have created framework to
legally do so (City North compliant)
 We have a track record with strategic partners
 We have premiere locations ready for development
 We are able to help you get your project done
 We are looking for strategic partners to help us take
advantage of key development opportunities

4. Quick Facts on Peoria
1. Available land and buildings
 2 mega sites and prime commercial space
2. Top schools
 PUSD in top 17%;
 BASIS charter school
3. Technically-skilled
workforce
 20% of employment
base in health care
4. Great quality of life
 Ranked Top 100 place to live in Money magazine
5. Affluent community
 Median 2010 HH income $68,518

5. Moving ED Forward
 Maxwell Technologies
 Peoria Incucelerator
 Vistancia Mega Site
 Osage West ENA
(P83 mixed-use development)
 Vanguard Health Systems ENA
 IGA with Maricopa County for
ED at Lake Pleasant
 Old Town Commercial Rehab
Program Underway

6. Investment Zones

7. P83 Entertainment District
Bell Road
2
3
1
75th Ave.
Loop 101
Peoria Sports
1 Complex
2 It’s All In The Game
Arizona Broadway
3 Theatre

8. P83 Entertainment District
1. 2010 – Adopted Urban Design Master Plan
targeting infill development
2. Osage West, LLC is current partner for
mixed-use redevelopment project at Sports
Complex
 Destination development
 400,000 SF mixed-use development
 Parking garages

9. P83 Entertainment District
3. New identity – Peoria Eighty Three (P83)
 District improvements (pedestrian connectivity,
wayfinding, placemaking) to begin later in 2012
4. It’s All in the Game player development facility
2009 Avg. HH Income $81,455
2009 HH Incomes > $100k 29%
Population in 10-minute radius 260,000
Avg. Daily Traffic Loop 101 127,000
Avg. Daily Traffic Bell Rd. 69,000

10. Redevelopment Project Concept

11. Old Town Peoria
1
3
1 Goodwill 2 4
7 5 Peoria Ave.
2 Former Smitty’s 6
3 Peoria Town Center
4 Performing Arts Center
8
5 Osuna Park 10
9
6 Washington Street Properties
83rd Ave.
Commercial Rehab Phase I
7 (Wagoner)
8 Municipal Complex
9 Centennial Plaza
City Investment
10 Peoria Place
Available Development Opportunities

12. Old Town
1. University Recruitment at Peoria Place single
most important economic catalyst in Old Town
2. SOQs for development opportunities for two
Old Town areas
 Peoria Town Center (25.6 acres)
 Washington Street Properties (includes City-owned
buildings)
3. Grand Avenue redevelopment opportunities

13. Old Town
4. City investing $80 Million in physical
improvements
5. Commercial Rehabilitation Program
committed to pay 100% of improvements to
Old Town Commercial Properties
2009 Avg. HH Income $69,009
Population in 10-minute radius 300,000
Avg. Daily Traffic Hwy 60/Grand Ave. 30,000
Avg. Daily Traffic Peoria Ave. 19,000

14. Vistancia Mega Site
Freeway access from
Lone Mountain Rd.
to Loop 303 (opening
Spring 2012)
½ street improvements
from Vistancia Blvd. to 500 acres
Lone Mountain Rd.
(completion est. 9 months
from design start)

15. Vistancia Mega Site
1. 500 acres of commercially zoned private land
along Loop 303 (shovel ready program in place)
2. Loop 303 connects I-10 to I-17
3. Lone Mountain build out complete March 2012
2009 Avg. HH Income $87,897
Population in 10-minute radius 33,452
2009 HH Incomes > $100k 39%

16. Plaza del Rio
4
Thunderbird Rd.
1 2
3
1 Banner Medical Group
2 Freedom Plaza
3 Peoria Incucelerator
4 Rio Vista Park

17. Plaza del Rio
1. 55 acres on Arizona’s largest health care
campus
2. Campus home to Banner Medical Clinic,
Pivotal Research Center, Freedom Plaza,
Peoria Incucelerator
3. Proximity to 4 hospitals: Banner Boswell,
Del Webb, Arrowhead and Banner
Thunderbird
4. Thunderbird location along the Loop 101

18. Rovey Industrial Park
83rd Ave. Olive Ave.
75th Ave. Northern Ave.

19. Rovey Industrial Park
1. Planned Industrial Park; Phase 1 – 128 acres
2. Zoned light industrial
3. Proposed rail spur on BNSF line
4. Grand Ave/Hwy 60 adjacent; Loop 101 1.5
miles west
5. Abundant water and electricity
 Site adjacent to generating station and water
facility

20. Lake Pleasant Opportunity
 IGA with Maricopa County for economic
development at the lake
 Master ground lease holder
 Pristine area with lake amenity offers year-
round opportunity
 2 full-service marinas; 10,000 acres of water
 Hwy 74 location provides access from I-17 and
Lake Pleasant Parkway

21. Conclusion
 Economic Development Strategy in place
 Strong workforce
 Initial success in renewable energy company
location, higher education and health care
 Many development opportunities
 Priority redevelopment projects
 Aggressive and focused City Council
 Established Incentive Policy

22. We invite YOU to build
something with us.
Scott Whyte
Director, Economic Development Services
623-773-7738
scott.whyte@peoriaaz.gov
www.peoriaed.com