HonorHealth and the City of Peoria are working on an agreement to build a 75KSF healthcare facility on 7.51 City-owned acres near Greenway Road and 83rd Avenue.
In its regular meeting this week, Peoria City Council will discuss a proposal to sell the location to Pleasantville Center LLC. The two-parcel site, located in the P83 Entertainment District, has been appraised at $3.43M.
The agreement between HonorHealth and Peoria will require the healthcare provider to lease a minimum of 40% of the rentable square footage for at least 10 years. Other medical users or supporting tenants may use the remaining rentable space.
Neither the specific type of healthcare facility nor a development timeline have been announced. (Source)
