By AZ Central
Hoping to fill a retail and entertainment void in the far West Valley, developers Vestar and DMB Associates have announced a new open-air mall at Verrado Way and Interstate 10, at the entrance to the Verrado master planned residential community.
“This is the corner that will be happening in the West Valley,” said Dan Kelly, general manager of Verrado and DMB’s chief operating officer. “Everyone wants great retail, commercial and restaurants near them.”
Construction of the Verrado Marketplace shopping center is scheduled to begin in mid- to late 2023, with completion anticipated around mid-2024. The 50-acre complex will include more than 500,000 square feet of retail space and feature 50 to 60 stores, restaurants, theaters and other venues, said David Larcher, president and CEO of Phoenix-based Vestar.