Greystar, a global leader in real estate investment, development, and management, has announced the launch of leasing at Summerwell Peoria Place, its latest build-for-rent community in Peoria. The new neighborhood offers a unique housing solution for residents seeking the benefits of single-family living with the convenience of rental properties.
Summerwell Peoria Place is part of Greystar’s expanding “Summerwell” brand, which is focused on developing purpose-built single-family rental communities across the U.S. The development represents a forward-thinking approach to meet the growing demand for high-quality rental homes in areas where this type of housing is scarce.
The community, which sits near the intersection of Grand Avenue and Olive Avenue, will feature over 600 rental units, including 255 duplexes and detached single-family homes. Homes range from one- to two-story layouts designed for modern living. The development will include 400,000 square feet of space dedicated to logistics as a key part of the area’s evolving infrastructure.
The Summerwell community is being delivered alongside Marlowe Peoria Place, a luxury apartment complex offering one- and two-bedroom units. These projects will create a vibrant and diverse residential hub, blending the best of single-family and multifamily living.
“Summerwell Peoria Place is located in a vibrant neighborhood, and we are looking forward to seeing the residents bring our vision to life,” Managing Director Billy Cundiff said. “We’ve crafted a neighborhood that fosters community and combines the luxury of single-family home privacy with the convenience of a rental property, a best-of-all-worlds approach.”
Phase I is already open for leasing, with homes available for immediate move-in. The entire 255-home development is expected to be completed by Fall 2025. Each home in the community features an open-concept design with modern amenities catering to today’s renters’ needs.
Each home features various amenities, including keyless entry and smart thermostats, stainless steel, energy-efficient appliances, sleek white quartz countertops, chef-inspired kitchens, and large living spaces with hardwood-inspired plank flooring and full-sized appliances. Select homes offer private, fenced-in backyards, ideal for outdoor living.
Summerwell Peoria Place also boasts a resort-style pool and spa, an outdoor kitchen with grilling stations, a multi-purpose sports park, lawn, putting green, and EV charging stations are placed throughout the community.
Nearby Sahuaro Ranch Park is a local favorite, offering basketball and volleyball courts, a baseball field, and a playground. For those who enjoy shopping and dining, the community is just a short drive from Westgate, and Downtown Phoenix is only 30 minutes away.
Greystar collaborated with renowned architect Danielian Associates and interior design firm CDC Designs to bring Summerwell Peoria Place to life. The result is a thoughtfully designed community that combines aesthetic appeal with practical functionality, ensuring residents enjoy a comfortable, hassle-free lifestyle. To learn more, visit summerwellpeoriaplace.com.
