Surprise, Arizona, December 13, 2025
Diversified Partners has announced an ambitious retail project in Surprise, Arizona, with plans for a 16-acre site featuring 120,000 square feet of commercial space. Confirmed tenants include popular eateries such as Bojangles and Freddy’s Frozen Custard. This development aligns with other significant projects in the region, boosting the local economy and catering to the community’s evolving needs. As Surprise experiences substantial growth in housing and industry, this new retail center promises to enhance shopping and dining options for residents.
Surprise, Arizona
New Retail Development to Transform Surprise’s Economic Landscape
Diversified Partners has announced plans for a new 16-acre retail development in Surprise, Arizona, aiming to add 120,000 square feet of commercial space to the rapidly growing West Valley city. The project is set to be located at the northeast corner of Cotton Road and Cactus Lane. Confirmed tenants include eateries such as Bojangles, Freddy’s Frozen Custard and Steakburgers, Bahama Bucks, and Terrible’s—a convenience store and gas station. Additionally, a veterinary group, a boutique boxing club, and a breakfast restaurant are also slated to lease space in the development.
This development is part of a broader trend of significant retail and mixed-use projects in the Phoenix metropolitan area. For instance, in 2024, a joint venture between GTIS Partners and Clyde Capital unveiled plans for Asante Trails, a $250 million mixed-use project in Surprise, featuring a build-to-rent community, retail space, and a medical facility across 90 acres. Similarly, SimonCRE completed Village at Prasada in 2023, a 700,000-square-foot power center in Surprise, marking the first large-scale power center built in the Western U.S. in over a decade. These projects reflect the increasing demand for retail and mixed-use developments in the region, driven by population growth and economic expansion.
Surprise, Arizona, has experienced substantial growth in recent years, with significant developments in housing, retail, and industrial sectors. The city’s strategic location and expanding infrastructure have made it an attractive destination for both residents and businesses. The new retail development by Diversified Partners is expected to further enhance the city’s commercial landscape, providing residents with additional shopping and dining options and contributing to the local economy.
Key Developments Driving Economic Growth
As the Phoenix metropolitan area continues to flourish, Surprise is emerging as a dynamic player in the economic arena. The recent announcement by Diversified Partners aligns with similar initiatives aimed at enhancing retail availability and mixed-use spaces in the region. Notably, the Asante Trails project will not only bring a community focus but also emphasize the importance of medical facilities, signaling a holistic approach to urban planning.
The impressive scale of SimonCRE’s Village at Prasada further underscores a revival in commercial growth within Surprise. This center showcases an opportunity for small businesses to thrive, offering residents convenient access to a variety of services and goods. Such developments encourage local entrepreneurship and stimulate job creation, pivotal elements for fostering economic resiliency.
Positive Impact on the Community
The new retail development is poised to enrich the local community by enlarging the shopping and dining landscape. Residents can anticipate access to beloved franchises alongside unique local businesses, which collectively contribute to building a vibrant local economy. The focus on convenient services, such as veterinary care and fitness options, aligns with the community’s evolving needs, reflecting the importance of adaptability within economic growth strategies.
The influx of commercial enterprise also translates into job opportunities, bolstering employment within Surprise and the greater Phoenix area. This cycle of growth not only benefits business owners but also the residents who fill these new jobs, driving the local economy forward. Sustainable economic practices must become a cornerstone of ongoing developments, ensuring long-term viability for new ventures.
The Role of Local Government in Economic Expansion
The role of local government in facilitating these developments cannot be understated. A framework that encourages business growth while minimizing red tape fosters an environment conducive to innovation and entrepreneurship. As Surprise embraces strategic growth, maintaining a balance between regulation and opportunity will be key to harnessing the economic potential of the area.
Looking Ahead
As Surprise continues to grow and evolve, the establishment of new commercial centers will likely attract even more enterprises, enhancing the quality of life for residents. With committed partners like Diversified Partners and a community supportive of entrepreneurial endeavors, the future of Surprise, Arizona holds promising prospects. Community engagement and investment in local businesses will catalyze further economic development and strengthen community bonds.
Frequently Asked Questions (FAQ)
What is the location of the new retail development in Surprise, Arizona?
The development is set to be located at the northeast corner of Cotton Road and Cactus Lane in Surprise, Arizona.
What are some of the confirmed tenants for the new retail development?
Confirmed tenants include eateries such as Bojangles, Freddy’s Frozen Custard and Steakburgers, Bahama Bucks, and Terrible’s—a convenience store and gas station. Additionally, a veterinary group, a boutique boxing club, and a breakfast restaurant are also slated to lease space in the development.
What other significant retail projects have been developed in Surprise, Arizona?
In 2024, a joint venture between GTIS Partners and Clyde Capital unveiled plans for Asante Trails, a $250 million mixed-use project in Surprise, featuring a build-to-rent community, retail space, and a medical facility across 90 acres. Similarly, SimonCRE completed Village at Prasada in 2023, a 700,000-square-foot power center in Surprise, marking the first large-scale power center built in the Western U.S. in over a decade.
How has Surprise, Arizona, developed in recent years?
Surprise, Arizona, has experienced substantial growth in recent years, with significant developments in housing, retail, and industrial sectors. The city’s strategic location and expanding infrastructure have made it an attractive destination for both residents and businesses.
Key Features of the New Retail Development in Surprise, Arizona
| Feature | Description |
|---|---|
| Location | Northeast corner of Cotton Road and Cactus Lane, Surprise, Arizona |
| Size | 16 acres with 120,000 square feet of commercial space |
| Confirmed Tenants | Bojangles, Freddy’s Frozen Custard and Steakburgers, Bahama Bucks, Terrible’s convenience store and gas station, veterinary group, boutique boxing club, breakfast restaurant |
| Development Impact | Enhance the city’s commercial landscape, provide additional shopping and dining options, contribute to the local economy |
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