The Howard Hughes Corp. has broken ground on Teravalis, a 37,000-acre mixed-use master-planned community in the Phoenix West Valley projected to include 100,000 homes and 55 million square feet of commercial development.
Teravalis, previously known as Douglas Ranch, will become Arizona’s largest master-planned community, addressing the demand for housing in one of the country’s fastest-growing metro regions and supporting long-term sustainable growth in the Southwest.
“In the game of states, people vote with their feet — and Arizona is winning. Since 2015, Arizona has welcomed over 584,000 new residents, and we don’t expect that momentum to stop anytime soon,” said Arizona governor Doug Ducey. “This increases the demand for housing opportunities, and Howard Hughes is answering that call with this impressive community, providing quality housing options for current and future Arizonans.”
Teravalis is strategically positioned in the pathway of Phoe
