(Disclosure: Rose Law Group represents Vestar.)
By Monica D. Spencer | InMaricopa
Despite pushback from nearby residents, Maricopa is moving forward with plans for a major new shopping center on the city’s southern edge.
Maricopa City Council last night unanimously approved a rezoning and land-use change for the proposed Maricopa Towne Center, a 184-acre retail and residential development at the southeast corner of John Wayne Parkway and Farrell Road. The approval marks the first formal step toward construction of what could become one of the city’s largest commercial hubs.
The developer, Phoenix-based Vestar, is known for high-profile projects including Tempe Marketplace and the Scottsdale Promenade. While no tenants have been officially announced, Vestar representatives recently told InMaricopa they intend to bring in a major grocery store or large-format retailer.