Upscale Retail Town Center for Verrado

by Mike Hunter

A major retail center is due to start taking shape mid next year at the Verrado development in Buckeye. DMB Associates, the master developer of the 8,800-acre Verrado master-planned community, is partnering with Vestar, the largest privately-held shopping center owner, developer and manager in the western United States, to create a dynamic retail center. Verrado Marketplace will include more than 500,000 square feet of commercial space and will be poised to serve as a Town Center for not only the residents of Verrado but also the residents of Buckeye to enjoy. 

Verrado Marketplace will be designed to complement the small-town neighborhood charm that is the hallmark of the Verrado community. It is anticipated the project will feature a premier grocery store as well as other uses such as apparel and home decor stores; department store; movie theater; and several new specialty shops, restaurants and services. 

The project will feature large public outdoor spaces rich in amenities that will serve as another gathering spot for all the surrounding communities. Vestar is well known for hosting hundreds of free community events each year at similar projects like Tempe Marketplace and Desert Ridge Marketplace.

The Marketplace will be developed at the northeast corner of Verrado Way and I-10. It is expected to break ground in mid-2023 following necessary approvals from the City and will complement the existing commercial services already in place on the west side of Verrado Way.

Photo courtesy of DMB Associates 

Speak Your Mind

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events