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Development

The latest from vestar and our properties

ALL acquisitions corporate development management retailer sustainability

06.03.2024

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Development

First look: Buckeye’s Verrado Marketplace with Target, Safeway, Harkins gets final approvals

Phoenix-based Vestar received final site approval for Verrado Marketplace, a major shopping center that's planned for the fast-growing Buckeye suburb.

05.28.2024

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Development

Open-Air Centers Have Changed: Take a Look at What’s Coming out of the Ground Now

Today’s ground-up open-air projects differ from those of earlier eras. The changes — including ramping up outparcel tenants, focusing less on big-box anchors and adding spacious lawns, plazas and patios — offer a glimps

05.06.2024

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Development

Vestar to Break Ground on Phase 2 of Vineyard Towne Center in Metro Phoenix

Vestar has announced plans to break ground this month on Phase 2 of construction at Vineyard Towne Center in Queen Creek, roughly 40 miles outside Phoenix.

05.01.2024

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Development

Phoenix Shopping Center Developer Adding New Projects Across the Valley

As traditional indoor malls grapple with the challenge of remaining relevant as shopping patterns and preferences change, one Phoenix-based developer of large-scale, open-air shopping centers remains bullish about Phoenix’s

05.01.2024

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Development

Phoenix’s growth driving shopping center construction, developer says

The development, which will cost about $275 million to build, will include Harkins BackLot, Target, Marshalls, Ross, HomeGoods and Safeway.

04.28.2024

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Development

A Decade Of Demolition Without Substantial Development Has Reset Retail

A great recalibration of the country’s retail footprint has been underway for years, as bankruptcies have roiled some of the most beloved stores and restaurant chains. Now, as other sectors of CRE stumble and slow, retail h

03.13.2024

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Development

9 Big Phoenix Retail Developments After 15 Years of Nothing

After years of dormancy following the 2008 financial crisis and a pandemic thrown in for good measure, retail development has returned to the Phoenix metro in a big way.
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