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Teravalis in Buckeye: Community and Development Guide
A current guide to Teravalis in Buckeye: what the project is, which villages and neighborhoods are open or planned, the builders, the phases, and the amenity timelines, with each stage kept separate.
By Andrew Texidor Realtor · Founder, Clearly Sold Updated October 8, 2026 
The direct answer
Teravalis is a roughly 37,000-acre master-planned community in Buckeye developed by Howard Hughes Holdings, formerly known as Douglas Ranch. As of 2026, the only village open and selling is Floreo, the first village, which spans more than 3,000 acres and held its public grand opening in November 2025. Seven builders are constructing homes there, and amenities are at different stages: some open, some slated for 2026, and some planned for later. Separate what is open, under construction, announced, and proposed before you plan anything.
Key takeaways
- Teravalis is a roughly 37,000-acre master-planned community in Buckeye developed by Howard Hughes Holdings, formerly known as Douglas Ranch.
- As of 2026, the only village open and selling is Floreo, the first village, which spans more than 3,000 acres and held its public grand opening in November 2025.
- Seven builders are constructing homes in Floreo, with roughly 20 model homes, and named neighborhoods include Manzanita at Teravalis, Agave Springs, and The Traditions at Teravalis.
- Amenities are at different stages: the Echo at Floreo community center is open, the Flourish amenity center is slated to open in 2026, and a larger amenity campus is planned for 2027.
- The overall build-out is planned over many years, so separate what is open, under construction, announced, and proposed, and confirm the current stage with the developer and the City of Buckeye.
What is Teravalis?
Teravalis is a large master-planned community in Buckeye, Arizona, developed by Howard Hughes Holdings. It was formerly known as Douglas Ranch. The project spans roughly 37,000 acres and is planned to build out over many years, with the full build-out planned to include a very large number of homes.
Because the project is so large and long-term, the current stage matters more than the ultimate plan. Confirm what is open today with the developer and the City of Buckeye rather than relying on the overall master plan.
Which village is open and selling?
As of 2026, the only village open and selling is Floreo, the first village, which spans more than 3,000 acres. Floreo held its public grand opening in November 2025, and the first residents moved in that month. Future villages are still to come.
The first phase, Floreo, is expected to deliver a substantial number of homes over the next decade, but that is a plan, not a guarantee. Confirm the current sales and construction status with the developer and the builders.
Who are the builders and what neighborhoods are open?
Seven builders are constructing single-family homes in Floreo, with roughly 20 model homes: Century Communities, Courtland Communities, DRB Homes, KB Home, Lennar, Meritage Homes, and New Home Co. Named neighborhoods and collections within Floreo include Manzanita at Teravalis, Agave Springs, and The Traditions at Teravalis.
Builder participation, model availability, and neighborhood names can change, so confirm the current lineup with the developer and the specific builders.
What is the amenity timeline?
Amenities are at different stages. The Echo at Floreo community center is open. The Flourish amenity center is slated to open in 2026. A larger 22-acre amenity campus is planned for 2027. Parks such as Dahlia Park and Poppy Park are part of the community's plan.
These are timelines, not guarantees. Amenity openings can slip, and what is planned is not the same as what is available. Confirm the current status of any amenity that matters to you.
How do you separate proposed, announced, and open?
Proposed
Planned but not yet approved or built. Part of the long-term vision, not available today.
Announced / under construction
Publicly stated or actively being built, but not necessarily available to move into yet.
Open / available
Available now, such as the Floreo village and the Echo at Floreo community center.
Treating everything as available today is the most common mistake with a long-term project. Separate the stages and confirm each one with the developer and the city.
What should you verify before you commit?
Verify the current stage
Confirm which village, neighborhood, and amenity is open, under construction, announced, or proposed.
Verify the builders and homes
Confirm the current builders, models, pricing, and what the base price includes, with each builder.
Verify the rules and fees
Confirm the HOA and district assessments, any special fees, and the rules that affect how you live.
Frequently asked questions
Is Teravalis open and selling?
Yes, as of 2026. The first village, Floreo, held its public grand opening in November 2025, and builders are constructing homes there. Confirm the current sales and construction status with the developer and the specific builders.
What builders are building in Teravalis?
Seven builders are constructing single-family homes in Floreo: Century Communities, Courtland Communities, DRB Homes, KB Home, Lennar, Meritage Homes, and New Home Co. Builder participation can change, so confirm with the developer.
What is the difference between proposed, announced, and open?
Proposed means planned but not yet approved or built. Announced means publicly stated but not necessarily under construction. Open means available now. Teravalis has amenities and phases at each of these stages, so separate them rather than treating everything as available today.
Does Teravalis promise a return or value?
No. No community or developer promises a value or return outcome. Development and market conditions change, so verify the current stage and weigh the tradeoffs yourself.
Related resources
- Buckeye market 2026 The sourced, dated growth data for one of America's fastest-growing cities.
- The 3 faces of Buckeye An objective comparison of three very different housing faces in one fast-growing city.
- Buckeye employers Operating employers versus announced projects, with dated job figures and verification steps.
- Buckeye development projects Buckeye projects from official city sources, with each one dated and sorted by stage.
- New construction guide The honest tradeoffs of buying new with or without representation.
- Search homes Browse current Phoenix-area listings and save the ones that fit.
Educational note: this article reports the current status of Teravalis as of October 2026. Development stages, builders, neighborhoods, amenity timelines, fees, and rules change over time and vary by source. Nothing here is a speculative tenant claim, a guaranteed infrastructure date, a value or return promise, or a municipal endorsement. Confirm the current stage with the developer, the builders, and the City of Buckeye before you commit.
Next step
Looking at Teravalis?
A strategy call can map the current stage of the project, the builders, and the tradeoffs against your goals before you commit. No pressure, just a plan you can act on.
- Phone
- 623-400-5957
- andrew@clearlysold.com