Owner Seeks Rezoning in Peoria that Will Enable New SimonCRE Development

When it meets on July 16, the Peoria Planning and Zoning Commission will take up a request from homebuilder K. Hovnanian to rezone a 21.71-acre site at the NEC of Happy Valley Road and Lake Pleasant Pkwy.

The Travesio location is part of a larger 72-acre area K. Hovnanian acquired for $30.6M in an Arizona State Land Department auction in early 2025. The rezoning request looks to amend the 22-acre portion from Suburban Ranch 43 to Planned Area Development, with the intention of creating a 50-lot single-family development and a retail/commercial center.

The staff report accompanying the request shows the site was annexed into Peoria in 1989 and received its current zoning in 1991…

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