AZRE
After raising the bar on creating residential communities and also the future of retail, the owners behind Agritopia and Barnone are announcing the next chapter in the Agritopia story. Epicenter, located in Gilbert, aims to set new expectations for mixed use developments in the Valley by drawing all Arizona-based tenants, which it is calling a “Celebrating Arizona” destination, to a dense suburban area. Many of the tenants will be first-time business owners who create new retail experiences for the customer, appealing to the new way people shop, live and enjoy.
Johnston Properties (the owners behind Agritopia and Barnone) has entered into a joint venture agreement with IPA/Liv Communities to develop Epicenter on 19.7 acres on the northwest corner of Ray and Higley roads next to Agritopia and Barnone.
Epicenter will encompass 55,000 square feet of retail space and 287 residential units (300,000 square feet) in 4, four-story buildings. The residential units range from 500-square-foot studios to 2,000-square-foot, three-bedroom apartments and also +/- 1700 square-foot, two-bedroom penthouse apartments. Construction is breaking ground this fall with completion expected in 2019.
