west valley
Volume 33 Issue 31 Goodyear, AZ
May 18, 2022
Business Briefcase
BY LAUREN SERRATO
West Valley View Staff Writer
T
wo of the country’s fastest-growing cities, Goodyear and Buckeye, continue to add major projects, including retail, entertainment and food. Verrado will soon be home to a new upscale retail town center. Additionally, Salad and Go moved into Goodyear.
Upscale retail town center coming
IN THE BIZ
DMB Associates, Verrado’s master developer, partnered with shopping center owner Vestar to create a retail center nearby. Verrado Marketplace will include more than 500,000 square feet of commercial space and will be designed to complement the community. The project will feature a grocery store as well as other uses such as apparel and home décor stores; a department store; a movie theater; and specialty shops, restaurants and services. The project will feature large public outdoor spaces that will serve as another gathering spot for the surrounding communities. Vestar is hosts hundreds of free community events each year at similar projects like Tempe Marketplace and Desert Ridge Marketplace. “Verrado is a truly special place,” said David Larcher, president and CEO of Vestar.
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Salad and Go opened its first Goodyear location, at 125 N. Estrella Parkway, on May 6.
(Salad
and Go/Submitted)
“For over 30 years, we have developed successful retail environments that become important gathering spots and economic hubs for their community, and Verrado Marketplace will be no different. We are excited to be partnering with a visionary company like DMB and especially to be developing at the front door of the Verrado community.” Dan Kelly, senior vice president of DMB, said the project will benefit the entire city of Buckeye. “Verrado has the most unique re(USPS 004-616) is published weekly
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maining real estate in the Valley, and so this is a good commercial development entity and it will complement Downtown Verrado, which is an amenity no one else has,” Kelly said. “It benefits both Buckeye and Verrado. That’s the balancing act we have to do — serve the residents of Verrado, but also serve the greater community as a whole.” 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. Subscriptions are $26 for 2 years, $14 for one year. Periodicals postage paid at Phoenix, AZ 85026.
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