Howard Hughes is developing Teravalis, a 37,000-acre master planned community west of Phoenix entitled for 113,000 homes and about 60 million square feet of commercial space. A new application could raise approvals above 130,000 homes, with major upfront infrastructure and water conservation shaping a multi-decade buildout. AI Summary
Forty miles west of downtown Phoenix, in an Arizona desert valley with mountains on three horizons, sits a sweeping, 37,000-acre stretch of land. Not very many people make their home there, but that’s about to change.
New cities springing up out of scarcely-inhabited, parched expanses are rare. But once fully built out, a planned mega community property known as Teravalis could be home to more people than currently live in the City of New Orleans…