NEWS

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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Vestar Adds New Biotech Tenant to Mixed-Use Property

Perfect Day, a Berkeley, Calif.,-based biotechnology company that developed the world’s first animal-free milk protein, has leased nearly 60,000 square feet of space at The Gateway’s BioHive hub in Salt Lake City, where it will open its second location in the U.S.

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Leading Sustainability in Business with Vestar: The Orchard Town Center

On the North end of Westminster sits a dining destination, shopping hub, and open-air gathering place for community events. Not only are all three of these hotspots located in one modern plaza, they collectively form The Orchard Town Center, Westminster’s most recent winner of the Sustainable Business Award.

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Valley shopping centers performed better in 2021 than 2019 – and things look good for 2022

Shoppers might have switched from going to the store to shopping online during the beginning of the Covid-19 pandemic, but people returned to Valley shopping centers in droves in 2021, surpassing not only 2020’s traffic numbers, but also 2019’s.

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3 new outdoor shopping malls are coming to metro Phoenix

Arizona has added nearly 1 million people over the past decade or so, yet hardly any sizable shopping centers were built over that span.

But that’s about to change in a notable way next year when mall operator Vestar breaks ground on three new open-air shopping centers — two in Queen Creek and one in Peoria, all on undeveloped land. The projects are slated to open late next year or in early 2023.

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Vestar Wins 7 Maxi Awards

Vestar is pleased to announce it has been awarded 7 Maxi’s – 5 Gold and 2 Silver – by the International Council of Shopping Centers in recognition of marketing excellence in the shopping center industry.

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