Laveen Towne Center, the latest development by Vestar is located in the Laveen Village Trade Area at the southeast corner of Loop 202 & Dobbins Rd, Phoenix AZ. The development is situated on approximately 77-acres and expected to have over 330,000 square feet of retail space along with an estimated 400-500 multi-family units and set to be the next premiere shopping center in the trade area that will offer large anchor retailers, soft goods, and a variety of services and restaurants. The trade area has experienced a tremendous amount of residential growth over the past 5-years where over 6,340 new homes have been built (as of Q4 2023) with another ±2,000 lots permitted or entitled, and another ±1,770 multi-family units are in various entitlement stages. Infrastructure has also helped contribute to the growth with the development of the South Mountain (Loop 202) freeway that adjoins Interstate-10 east/west to the southern border of Chandler/Phoenix