More retail buildings planned for infill parcels, vacant sites in Peoria and Surprise - Phoenix Business Journal

📆 9/25/2022 4:01 AM
📰 phxbizjournal

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Growing neighborhoods like Asante and Vistancia are seeing more retail proposed as developers try to catch up with demand. Click through to read about the projects in the works now. phoenix

As the housing and industrial boom continues in the Valley, more retail projects have been proposed for vacant sites across the region.

James DeCremer, a principal with Avison Young in Phoenix, said the northwest part of the Valley, a high-growth area, has"great" demographics, incomes and schools but is largely underbuilt in retail. Historically, retail growth occurred along Bell Road and Grand Avenue, but as these corridors get closer to being built out, DeCremer said, retail development will continue following where the growth is.

Write Comment

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Semiconductor maker Onsemi downsizing local R&D, office presence - Silicon Valley Business JournalOne of the world's largest semiconductor makers is scaling back its Bay Area presence.
Source: svbizjournal - 🏆 334. / 59 Read more »

The Bay Area's Boise pipeline - Silicon Valley Business JournalIdaho's capital is increasingly emerging as a popular destination for those fleeing the Bay Area.
Source: svbizjournal - 🏆 334. / 59 Read more »