Groundbreaking set for new Buckeye retail center in Verrado
Article originally posted on Phoenix Business Journal on November 14, 2024
Phoenix-based Vestar has announced a construction start date for its massive shopping center in Buckeye that’s set to feature a Harkins BackLot, a Target, Safeway and more.
The retail developer plans to hold a groundbreaking ceremony on Nov. 20 for the new Verrado Marketplace, which will feature a mix of shops, dining, grocery, entertainment and services across 520,000 square feet.
Vestar also plans to unveil names of 15 additional national and local retailers that are expected to be part of the massive power center at the northeast corner of Interstate 10 and Verrado Way. Verrado Marketplace will add to the growth of the intersection’s four major corners, which are set to become a regional entertainment destination in the Valley.
The city of Buckeye is working on designating 2,100 acres just south of Verrado Marketplace into a mixed-use center with a variety of uses such as retail, entertainment, housing, education and more.
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