Marketplace

Verrado in Buckeye will get a huge high-end market

DMB Associates, the master developer of master planned community Verrado, has announced its partnership with Vestarthe largest owner, developer and manager of privately owned shopping centers in the Western United States, to create Verrado Marketplace, a vibrant shopping center at the gateway to Verrado, an 8,800-acre planned community in Buckeye, Arizona.

The DMB/Vestar team is planning a retail development called Verrado Marketplace that will include over 500,000 square feet of retail space and will be poised to serve as a town center for not only Verrado residents, but Buckeye residents as well. enjoy.


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Verrado Market will be designed to complement the small-town neighborhood charm that characterizes the Verrado community. It is anticipated that the project will include a premier grocery store as well as other uses such as clothing and home decor stores, a department store, cinema and several new specialty shops, restaurants and services. The project will include large, amenity-rich outdoor public spaces that will serve as an additional gathering place for all surrounding communities. Vestar is well known for hosting hundreds of free community events each year through similar projects such as Tempe Marketplace and Desert Ridge Marketplace.

“Verrado is a truly special place,” said David Larcher, President and CEO of Vestar. “For more than 30 years, we have developed thriving retail environments that become important gathering places and economic hubs for their community, and Verrado Marketplace will be no different. We are thrilled to partner with a visionary company like DMB and especially to grow at the front door of the Verrado community.

“We believe Vestar is the perfect partner to develop a primary downtown Verrado,” said Susan Bansak, CEO of DMB. “Both companies are committed to creating thoughtful and inspiring places, and we look forward to a fruitful collaboration.”

The market will be developed at the northeast corner of Verrado Way and I-10. It is expected to start in mid-2023 after necessary city approvals and will complement existing commercial services already in place on the west side of Verrado Way.