Greystar has broken ground on Marlowe Peoria Place, a new Marlowe-branded multifamily apartment community in Peoria, Arizona, US. 

The development is part of Greystar’s Peoria Place master plan that will encompass more than 700 apartments, 255 build-to-rent homes, and 400,000ft² of logistics space. 

Located west of Grand Avenue and south of Monroe Street, Marlowe Peoria Place will feature 370 apartment units with one- and two-bedroom options. 

The three-storey community will offer residences ranging from 650ft² to 1,180ft², designed to provide both comfort and luxury. 

The development will feature quartz countertops, two colour schemes, stainless steel appliances, and a variety of community amenities.  

These include a 1,200ft² fitness centre, two dog parks, a pickleball court, a coworking space within the clubhouse, and a pool with cabanas and a spa. 

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The architectural style of the community draws inspiration from the Spanish desert, incorporating its elements throughout the master plan.  

Greystar Development managing director Billy Cundiff said: “Marlowe Peoria Place is an important piece in the overall Peoria Place master plan.  

“Marlowe Peoria Place will highlight the entrance to Old Town Peoria with a public art piece and bring 4,900ft² of retail space that will serve as an amenity to the entire area. This project is truly a partnership between the city and Greystar to get the master plan of the ground.” 

Greystar’s equity partners for this project include Link Capital Partners and BCI Asset Management.