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 need for new retail development.
Vestar, the developer of Desert Ridge Marketplace and Tempe Marketplace, has more than half a billion dollars’ worth of construction projects under construction or soon to begin construction in the Valley, with most of the new projects in suburban locations.