Retail: Olive Marketplace

AZRE Magazine January/February 2010AZRE Magazine January/February 2010


OLIVE MARKETPLACE

Developer: Frontera Development
General contractor: A.R. Mays Construction
Architect: Butler Design Group
Location:
 SWC 51st Ave. & Olive Ave., Glendale
Size: 70,500 SF Phase I & 200,000 SF Phase II

Phase I is being constructed on 13 acres and includes a 40,000 SF Wal-Mart Neighborhood Market, a 13,000 SF CVS Pharmacy and 17,500 SF of shop space. Phase II will be 21 acres with future development for 200,000 SF of retail space. Wal-Mart and CVS will open by 3Q10 within the $10.5M marketplace. Construction began Nov. 2009, with an estimated Sept. 2010 completion. Brokerage firm is Frontera Development.

 

AZRE January/February 2010


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AZRE | Arizona Commercial Real Estate is Arizona's only publication dedicated to covering up-to-date happenings within commercial development, brokerage, finance, construction, architecture, real estate law and property management.
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