Vistancia is pleased to announce the land sales of the final remaining parcels north of Lone Mountain Parkway and east of El Mirage Road. These four parcels mark the final phase of new home development in The Village at Vistancia.
David Weekley Homes, a long-time partner of Vistancia, has purchased 74 70’x125’ lots. In addition to their newest parcel, Alicante, William Ryan Homes purchased 87 53’x115’ lots. Vistancia also welcomes Richmond American, a new builder to Vistancia’s master plan, which purchased 79 60’x120’ lots. Finally, Gehan Homes, which previously built in The Village, has purchased 84 48’x115’ lots.
These final four parcels will bring an additional 324 homes to The Village at Vistancia and are estimated to grand open in mid-2018. Development activity is underway to install infrastructure and prepare the lots for the builders.
Frequently Asked Questions
As we continue toward buildout, we’ve noticed an increase in questions about development activity and future growth of The Village at Vistancia community.
The developer recently announced new residential development north of Lone Mountain Parkway and El Mirage Road. Weren’t these parcels originally zoned commercial?
While some commercial/mixed use development is still envisioned on this corner, a portion of the area, referred to as “D” Parcels in the master-plan documents, has always been zoned for residential use. In 2015, the commercial area was reduced and adjusted from mixed use, medium-density and high-density residential designations to low-density residential. The zoning amendment did not increase the number of residential units planned for this area.
Will our current amenities in The Village at Vistancia be able to handle the additional residents from the “D” Parcels?
Yes. The Mountain Vista Club and Foothills Center were designed with future population growth in mind. We’re still within the number of homes planned for community amenities and capacity. Many residents enjoy using our amenities, and they can be busy at times, especially during the summer months.
Usage, however, is monitored and evaluated regularly and has not approached capacity. While it’s nice to enjoy an entire section of the pool by yourself, please understand these are communal amenities and exercise patience and kindness when dealing with fellow residents.
Can the community vote to expand or build new amenities?
The Board of Directors has the authority to make these decisions, the consideration of which is not taken lightly. Adding new amenities to the community or expanding existing amenities requires a vast array of resources, most notably, financial.
Expansion or construction of amenities is not limited to initial development costs. When pursuing these projects, the Board must consider up-front expenses, necessary reserves to be established after completion, maintenance and personnel, if the amenity requires additional staffing. This could potentially result in an increase in quarterly assessments or even the possibility of a one-time special assessment.
Input from the community, including advocates and opponents of such a project, would need to be considered. If you would like to see such a project undertaken in the community, I encourage you to prepare a proposal for the Board’s consideration. Provide as much detail as possible, such as logistical and financial considerations, to best enable the Board to evaluate the viability of your proposal. Many great community improvements begin as grassroots resident initiatives.
What about the development planned north of the canal?
Vistancia’s 3,450-acre future north community will be the final extension of Vistancia’s master plan. It’s planned as a separate community within Vistancia, similar to The Village, Blackstone and Trilogy, and will include its own set of private resident amenities, public and private community parks and a third K-8 elementary school.
Approximately 1,100 acres of the community will be preserved, and it’s envisioned the City of Peoria will create a public mountainside hiking and biking trail system within it, linking to miles of other nearby trails. A total of 3,500 home are planned for the north community. The developer will release additional news and information as it becomes available.