Target, Over Easy coming to Vineyard
Aug. 27—Target, MOD Pizza, Ono Hawaiian BBQ and Nekter Juice Bar are among the tenants that will join Sprouts Farmers Market in the Vineyard Towne Center at Gantzel and Combs roads.
The shopping center, which will be 23 acres at completion, saw the opening of Sprouts on Aug. 18. This store was the start of phase 1 of the Vineyard Towne Center's building plan, which took 18 months to finish.
Sprouts at Vineyard Towne Center carries a wide selection of organic foods, seasonal produce, custom-cut meats, fresh baked goods, ready-to-eat meals and wellness products.
Phase 1 of the open-air center was 90% pre-leased and encompasses a retail assortment, including Chunk Cookies, Cinnaholic, Dentists of Queen Creek, European Wax Center, MOD Pizza, Mountain America Credit Union, Mr. Pickles, Nekter Juice Bar, Ono Hawaiian BBQ, Over Easy and Zara Nail Bar. Additional tenant announcements will follow in the coming months.
The second phase's main store will be a new Target, occupying 145,000 square feet of retail space, opening in April 2025. The Target will take 15 months to build.
The Vineyard Towne Center is being built by the real estate company Vestar, which specializes in the management and development of retail real estate, including entertainment-retail complexes, power and lifestyle centers and community shopping destinations. They own and operate over 30 million square feet of space in the United States.
In Arizona, their projects include Desert Ridge Marketplace, Tempe Marketplace, Queen Creek Marketplace and The Shops at Lake Pleasant.
"This will be our third shopping center built in Queen Creek. No new shopping centers have been built in Queen Creek over the past 10 years besides our recent Costco development," said Jeff Axtell, Vestar's executive vice president of development.
The town of Queen Creek is one of the fastest-growing suburban areas in the Valley.
"Queen Creek has been very forward-thinking with its residential growth, but there has not been enough retail development to catch up with that," Axtell said. "These new developments we're building are catching up with the growth of the past five years."
This new shopping center will not only serve the residents of Queen Creek with new shopping and dining experiences, but it will also aid in employment opportunities for the town's new and current residents.
Vestar is developing more retail centers in the Phoenix Metro area.
"We're working on a big project out in Buckeye called Verrado Marketplace, opening in the summer 2024. Buckeye has 100,000 people but currently only has two shopping centers," Axtell said.
"These people in newer, farther areas don't have the nice restaurants and shopping nearby. They have to drive seven to 10 miles for these. We're trying to bring these things closer to home so they can have those amenities."
A new project in Southwest Phoenix called Laveen Town Center, breaks ground in early 2025.
Axtell said these new projects are important for the state's revenue and economy. It's necessary to build new retail space to keep up with the economic stimulation in the Valley.
"The sales tax that is generated by these projects, in these towns, goes toward city funds like police, fire and highways," Axtell said.
