AZRE
Back in the depths of the Great Recession, Maricopa was in the national spotlight for all the wrong reasons, including being dubbed “A Paradise Lost” by the Wall Street Journal due to all the abandoned home developments.
Now this booming city of 50,000 is once again the state’s fastest growing community, and also boasts one of Arizona’s highest average incomes.
But all that residential growth has come at a high cost to the City of Maricopa, says Casey Treadwell, leasing director at Edison Pointe, the all-new 130,000-square-foot shopping center now under construction in the heart of the city’s commercial core. “Maricopa is now one of the most underserved communities in the state when it comes to retail and entertainment, costing the city millions in tax revenue as residents are forced to drive to Gilbert or beyond,” Treadwell says.
