By Karen Schutte | Real Estate Daily News
Promenade at Casa Grande is gaining fresh momentum as Target plans to reopen a previously vacant 137,000-square-foot box, joining a broader wave of leasing, hotel construction, residential development, and nearby redevelopment that continues to reshape one of Casa Grande’s most visible commercial corridors.
Chris Campbell of Lamar Companies, the listing broker, adds a major new chapter to the story unfolding around Promenade at Casa Grande, the nearly 485,000-square-foot regional power center at 1005 N. Promenade Parkway. Long recognized as the dominant retail hub between metro Phoenix and metro Tucson, the center has served as a key commercial anchor in Casa Grande and is now benefiting from renewed retailer interest, adjacent housing growth and ongoing investment throughout the trade area.
According to the broker, Target is now under construction and slated to reopen in May 2026 in its former approximately 137,000-square-foot space, a notable move for a retailer returning to a box it had previously closed. The broker also reports that HomeGoods and Ashley Furniture have opened at the center and continue to perform well, while Burlington, Five Below and Tillys all signed leases in 2024. Burlington leased 20,469 square feet, Five Below took 10,394 square feet and Tillys leased 7,019 square feet. The broker said Burlington posted a strong grand opening, alongside Five Below, Tillys, and Cold Stone Creamery.
