(Disclosure: Rose Law Group represents Vestar.)
Vestar, the largest privately held shopping center owner and manager in the western United States is proud to announce construction has begun on The Shops at Lake Pleasant, in Peoria.
Located at the northeast corner of Happy Valley Road and Lake Pleasant Parkway, Vestar will develop approximately 90,000 square-feet of retail and restaurant space at The Shops at Lake Pleasant. The center $50 million project will span over 16-ascres and is an expansion to the 650,000 square-foot Lake Pleasant Towne Center, which the company previously developed.
Vestar purchased the land from the state of Arizona and engaged Upward Architects and contractor Chasse Building for the design and construction of the project. The center is scheduled to be completed by the Fall of 2023.
The project includes a unique blend of local and national specialty shops, services and dining establishments including: OverEasy, Visionworks, Restore, Cinnaholic, European Wax, Raising Cane’s, Handel’s Ice Cream, Wild Fork, Honor Health, Christian Brothers Automotive and Panda Nails.