$275 million Verrado Marketplace breaks ground in Buckeye

SOURCE: AZ Big Media

On Nov. 20, Vestar, the largest privately held shopping center owner and manager in the western U.S, broke ground on Verrado Marketplace. Located at the northeast corner of the I-10 Freeway and Verrado Way, Verrado Marketplace will stand at the entrance to DMB Associates’ 8,800-acre Verrado master-planned community. Verrado Marketplace will offer Buckeye residents and the West Valley an unparalleled shopping, dining and entertainment experience.

During the groundbreaking ceremony, Vestar unveiled an expansive roster of more than 15 new retailers that will join anchor tenants Target, Harkins Theaters newest ‘Backlot’ concept, Safeway, Ross, Marshalls, and HomeGoods. ULTA Beauty, Famous Footwear, Buckle, Salt Tacos + Tequila, Bath & Body Works, Shake Shack, Handel’s Ice Cream, Nekter Juice, See’s Candies, Thai Chili, Einstein Bros. Bagels, Tropical Smoothie, Hawaiian Bros., European Wax Center, Zara Nails, Pacific Dental, America’s Best Contacts & Glasses, and Mountain America Credit Union are among the tenants projected to open starting spring 2026. The property will have over 50 retailers and restaurants once completed. Additional tenant announcements will be made in the coming months.

“The groundbreaking of Verrado Marketplace marks a historic moment for Buckeye, and we are excited to begin construction on this unique development,” says Vestar President and CEO David Larcher. “This shopping center will offer a dynamic mix of premium retail, dining, and entertainment, along with large gathering spaces that will serve as a community hub for both the Verrado community and entire West Valley. As the first of its kind in this region, we look forward to Verrado Marketplace becoming a landmark for this rapidly growing community.”