Development NEWS

Arizona State University, Catellus Underway on 275,000-Square-Foot Retail Portion of Novus Innovation Corridor in Tempe, Arizona

Arizona State University (ASU) and Catellus Development Corp. are underway on Novus Place, the 275,000-square-foot retail and entertainment portion of the 4.5 million-square-foot mixed-use Novus Innovation Corridor in Tempe.

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Vestar Commences Construction at The Shops at Lake Pleasant in Peoria

Vestar, the largest privately held shopping center owner and manager in the western United States is proud to announce construction has begun on The Shops at Lake Pleasant, in Peoria.

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Shopping Center Business (May 2023): Developing Communities

Vestar is on top of the Phoenix market, developing several large-scale retail centers to satisfy the demands of growing communities.

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These 3 outdoor malls are under construction across metro Phoenix, with 2 more planned

The owner of Desert Ridge Marketplace and Tempe Marketplace is betting that large-scale retail isn’t dead, it has just moved outdoors.

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Vestar to develop Buckeye retail center next to proposed Costco, hospitals

Two giant real estate developers will bring a $125 million retail shopping center to what could become the hottest intersection in the West Valley.

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Costco set to anchor new Queen Creek development

Costco Wholesale Corp. has a store under construction in Queen Creek, with an expected opening this fall.

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