Vestar secures approval for project in SW Phoenix

Laveen Towne Center rendering provided by Vestar

(Disclosure: Rose Law Group represents Vestar.)

By AZRE

Following the approval from the Village Planning Committee, Vestar, one of the largest privately held retail real estate companies in the western United States, announced today that they are moving forward with plans to develop one of its newest projects — Laveen Towne Center. The open-air shopping center will sit on a 90-acre site in the heart of Laveen, a rapidly growing community in southwest Phoenix.

Set to break ground in the summer of 2026, with the grand opening targeted for winter 2027, Laveen Towne Center will bring a mix of best-in-class shopping, dining and entertainment to Laveen.

“We’re incredibly excited to bring this long-awaited project to the Laveen community,” said David Larcher, President and CEO of Vestar. “Our goal is to create places that become the fabric of the communities we serve, where people gather, connect and make memories.”

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