Despite the title given in the article, this story is about Southeast Valley retail construction, not Foothills retail construction.
The Southeast Valley is leading the Phoenix area in a record 9.6 million square feet of retail under construction, and most of it is opening this year or next, according to CB Richard Ellis. Two-thirds of that is in the Southeast Valley, adding the equivalent of at least five Chandler Fashion Centers.
“Coming in the next year and a half will probably be, without a doubt, the greatest amount of retail space opened in the Phoenix area ever,” said Bob Kammrath, a Phoenix commercial real estate analyst.