Phoenix, Arizona Planned Development Market Overview
Did you know there are over 37,000 multi-family units planned within a 25-mile radius of downtown Phoenix, AZ?
BCI BuildCentral data also shows over 15,000 single-family units planned within the same 25-mile radius.
New grocery store activity in the area includes:
- 2 recently opened Sprouts
- 1 recently opened 99 Ranch Market
- 13 Aldi stores planned or under construction
- 1 Whole Foods planned
- 1 El Super planned
- One store is planned without an identified grocery retailer
One notable mixed-use development in the area south of Phoenix is Maricopa Stonegate.
Plans call for 93 single-family homes, a multi-family component, and commercial buildings on a total of 46.3 acres.
A representative from the city of Maricopa recently stated that the multi-family portion of this project is under review.
Furthermore, a representative from Sketch Architecture Company, who is assisting on the project, stated that site improvements could begin by the end of this year.
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