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6/26/25
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TerraLane Communities has acquired 22 acres in Queen Creek, AZ for the development of TerraLane at Hudson Station. The new rental community will include 218 homes featuring single-level and two-story townhomes, along with a curated collection of lifestyle amenities.
The project marks TerraLane’s debut in the townhome segment, a strategic progression of its portfolio that reflects evolving renter preferences in the growing Phoenix Metro market. TerraLane is the build-for-rent platform of residential investment firm IHP Capital Partners.
The new community will include:
• 24 single-story two-bedroom duplex units (approximately 1.5k sf)
• 97 three-bedroom townhomes (approximately 1.7k sf)
• 97 four-bedroom townhomes (approximately 1.9k sf)
Each home will feature a two-car direct access garage, stainless steel appliances, and integrated smart home technology such as keyless entry, remote thermostat controls, and fiberoptic cabling to support future connectivity needs.
Community amenities will include a gated entrance, heated swimming pool and jacuzzi, fitness center, grass park, shaded tot lot, BBQ stations, valet trash service, and on-site maintenance. Wi-Fi will be available throughout common areas, and all homes will be pet-friendly with built-in doggy doors.
Located at the southeast corner of 220th St and Queen Creek Rd, TerraLane at Hudson Station is positioned in one of the Valley’s fastest growing and most desirable submarkets. The project is adjacent to Frontier Family Park and Benjamin Franklin Charter School and within walking distance to a newly opened Fry’s grocery-anchored shopping center. Residents will enjoy access to a wide range of neighborhood amenities, including restaurants, retail, and recreational spaces such as pickleball and baseball fields, a fishing lake, and an aquatic center.
TerraLane is partnering with general contractor, Hancock Builders, in the construction of TerraLane at Hudson Station. This will be the sixth residential development the two firms are completing together. Mark-Taylor Residential will oversee leasing and property management. Financing for the project is being provided by 400 Capital Management and Western Alliance Bank. Construction has commenced and leasing is anticipated to begin in 2027.
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