Nationally recognized for pioneering innovative public/private partnerships, Vestar Development Company is responsible for building many of the largest and most successful open-air retail centers in Arizona and southern California. Known for its conscientious approach to developing environmentally sensitive and culturally significant properties, Vestar has established new benchmarks for working with neighborhood groups, communities and municipalities that address community needs and foster goodwill on all levels.

One of Vestar's many notable development project is the award-winning Desert Ridge Marketplace, a 1.2 million-square-foot regional entertainment, lifestyle and power center in northeast Phoenix. Desert Ridge Marketplace is unlike any other shopping center in Arizona and represents an evolution in shopping center development. The project occupies 110 acres and offers strategically integrated shopping, dining and entertainment in a festive, pedestrian oriented, village town center environment.

The District at Tustin Legacy is a 1 million square foot regional center in Tustin, California and Tempe Marketplace is a 1.3 million square foot regional center in Tempe, Arizona. Both projects have significant lifestyle and entertainment components and have changed the retail landscape in their respective communities.

Other award-winning development projects include: Long Beach Towne Center, a one million-square-foot center in Long Beach, CA; College Grove Marketplace, a 650,000-square-foot, former regional mall, redevelopment project in San Diego which won unprecedented support from local residents; and the 600,000-square-foot Cerritos Towne Center, adjacent to the Center for the Performing Arts in Cerritos, CA.

The breadth and depth of Vestar's development experience and success is underscored by our enduring, positive capital partnerships with firms such as SBC Communications, Inc., Lend Lease and Credit Suisse First Boston.

Current Arizona Projects