Vestar is responsible for building many of the largest and most successful open-air retail centers in the western U.S. Known for its conscientious approach to developing community oriented and environmentally sensitive properties, Vestar has established new benchmarks for working with neighborhood groups, communities and municipalities that address their needs and fosters goodwill on all levels.
Our development team has the experience and passion necessary to create extraordinary places. A 35-year history of successfully working with the premier retailers in America is the basis for all our new developments. This, combined with our focus of completing projects on time and on budget, makes Vestar one of the premier retail developers in the western U.S.
Our award-winning development projects include: Desert Ridge Marketplace, a 1.2 million-square-foot regional entertainment, lifestyle and power center in northeast Phoenix, AZ; The District at Tustin Legacy, a 1 million-square-foot entertainment, lifestyle and power center in Tustin, CA; Tempe Marketplace a 1.3 million-square-foot entertainment, lifestyle and power center in Tempe, AZ; Long Beach Towne Center, a 1 million-square foot center in Long Beach, CA; College Grove Marketplace, a 650,000-square-foot, former regional mall, redevelopment project in San Diego, CA; and the 600,000-square-foot Cerritos Towne Center in Cerritos, CA.
CURRENT DEVELOPMENT PROJECTS
Verrado Marketplace
Built with the same level of exceptional quality and innovative thinking as many of our other developments, the 500,000 SF Verrado Marketplace is set to be the premier shopping, dining and entertainment destination in Phoenix’s growing West Valley community of Buckeye, AZ.
Anticipated Opening – Spring 2026
Anchors – Target, Harkins Theaters and Safeway
atverradomarketplace.com
Laveen Towne Center
Our latest development in Phoenix sits on 90 acres with over 460,000 square feet of retail and hundreds of housing units planned. A broad array of best in class tenants will provide the community a multitude of shopping and dining options.
Anticipated Opening – Spring 2027
Black Mountain Village
Phoenix, AZ
140,000 SF
Maricopa Towne Center
Maricopa, AZ
500,000 SF
The Legacy
Mesa, AZ
550,000 SF
Read More
AWARD-WINNING RETAIL DEVELOPMENTS
DESERT RIDGE MARKETPLACE
2003 ICSC Design and Development Awards: Innovative Design and Construction of a New Project – Certificate of Merit
2022 MAXI Silver Award – Most Creative In-Line Temp Store Design: Creations Boutique
2022 MAXI Gold Award – Most Inspirational In-Line Store Window Display: Creations Boutique
ORO VALLEY MARKETPLACE
Silver LEED Certification
2013 Best Shopping Center – Explorer Newspaper Best of the Northwest
2013 Large Business of the Year – The Greater Oro Valley Chamber of Commerce
TEMPE MARKETPLACE
2010 ICSC United States Design and Development Award – Silver
2011 Valley Forward Environmental Excellence Awards – Award of Merit
LAS TIENDAS VILLAGE
2006 Arizona Commercial Real Estate Best Retail Project
ORCHARD TOWN CENTER
2022 MAXI Silver Award – Integrated Marketing Program: “Oh What Fun at The Orchard”
2022 MAXI Silver Award – Most Creative In-Line Temp Store Design: Just Rustic
