--- title: Carefree moves closer to approving $11.6M incentive package for retail hub description: Phoenix Business Journal covered the City of Carefree's consideration of establishing a retail development tax incentive agreement for the construction of Craig's Crossing. image: https://blog.simoncre.com/hubfs/carefree-story.jpg --- - [Properties](https://simoncre.com/properties/#!/main) - About Us - [Our Company](https://simoncre.com/about-us/) - [Our Team](https://simoncre.com/our-team/) - [Our Culture](https://simoncre.com/our-culture/) - [Careers](https://simoncre.com/careers/) - Approach - [Development](https://simoncre.com/development/) - [Acquisitions](https://simoncre.com/acquisitions/) - [Dispositions](https://simoncre.com/dispositions/) - Resources - [Insights](https://blog.simoncre.com/insights) - [News](https://blog.simoncre.com/news) - [Case Studies](https://blog.simoncre.com/case-studies) - [Contact](https://simoncre.com/contact-us/) ![noun\_E-mail App Icon\_780095](https://blog.simoncre.com/hubfs/noun_E-mail%20App%20Icon_780095.svg "noun_E-mail App Icon_780095") - [Properties](https://simoncre.com/properties/#!/main) - About Us - [Our Company](https://simoncre.com/about-us/) - [Our Team](https://simoncre.com/our-team/) - [Our Culture](https://simoncre.com/our-culture/) - [Careers](https://simoncre.com/careers/) - Approach - [Development](https://simoncre.com/development/) - [Acquisitions](https://simoncre.com/acquisitions/) - [Dispositions](https://simoncre.com/dispositions/) - Resources - [Insights](https://blog.simoncre.com/insights) - [News](https://blog.simoncre.com/news) - [Case Studies](https://blog.simoncre.com/case-studies) - [Contact](https://simoncre.com/contact-us/) SUBSCRIBE - [![](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/facebook-1.svg)](https://www.facebook.com/SimonCommercialRealEstate) - [![](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/twitter-1.svg)](https://twitter.com/simon_cre) - [![](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/linkedin-1.svg)](https://www.linkedin.com/company/simoncre) - [![](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/instagram.svg)](https://instagram.com/simon.cre) # IN THE NEWS ![](https://blog.simoncre.com/hubfs/Blog%20Files/Icons/Horizontal.svg) Recent news, press releases, and company updates [![](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/circle.svg)](https://blog.simoncre.com/news/carefree-moves-closer-to-approving-11.6m-incentive-package-for-retail-hub#down) [![](https://blog.simoncre.com/hubfs/Blog%20Files/Icons/Group.svg) back to news](https://blog.simoncre.com/news) Keyword CATEGORY - [- Buyers](https://blog.simoncre.com/news/topic/buyer) - [- Tenants](https://blog.simoncre.com/news/topic/tenant) - [- Brokers](https://blog.simoncre.com/news/topic/broker) - [- Sellers](https://blog.simoncre.com/news/topic/seller) # Carefree moves closer to approving $11.6M incentive package for retail hub October 29, 2026 [![Share on Facebook](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/facebook-2.svg)](http://www.facebook.com/share.php?u=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fcarefree-moves-closer-to-approving-11.6m-incentive-package-for-retail-hub%3Futm_medium%3Dsocial%26utm_source%3Dfacebook) [![Share on LinkedIn](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/linkedin-2.svg)](http://www.linkedin.com/shareArticle?mini=true&url=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fcarefree-moves-closer-to-approving-11.6m-incentive-package-for-retail-hub%3Futm_medium%3Dsocial%26utm_source%3Dlinkedin) [![Share on Twitter](https://blog.simoncre.com/hubfs/Simoncre_March2020_Theme/Images/twitter-2.svg)](https://twitter.com/intent/tweet?original_referer=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fcarefree-moves-closer-to-approving-11.6m-incentive-package-for-retail-hub%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fcarefree-moves-closer-to-approving-11.6m-incentive-package-for-retail-hub%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=Carefree%20moves%20closer%20to%20approving%20%2411.6M%20incentive%20package%20for%20retail%20hub) Featured in [Phoenix Business Journal](https://www.bizjournals.com/phoenix/news/2026/10/29/update-on-carefree-retail-center.html) on October 29, 2026. Carefree, a small town north of Phoenix nestled in mountain vistas and hills dotted with saguaro cacti, is in the process of getting its second grocery store. Scottsdale-based developer [SimonCRE](https://www.bizjournals.com/phoenix/organization/simoncre)⁠ is working with the town to construct a new 120,000-square foot retail project called [Craig's Crossing](https://www.bizjournals.com/phoenix/news/2026/05/07/scottsdale-developers-carefree-retail.html) on the far southwestern side of Carefree, off Cave Creek Road and Carefree Highway. The Empire Group of Companies owns the land and [Western Retail Advisors](https://www.bizjournals.com/organization/western-retail-advisors) is handling the retail leasing. The Town of Carefree passed a resolution 6-1 during an Oct. 22 special meeting in favor of adopting a "notice of intent to enter into a retail development tax incentive agreement" for Craig's Crossing. [\>\>READ MORE\<\<](https://www.bizjournals.com/phoenix/news/2026/10/29/update-on-carefree-retail-center.html) [Build to Suit](https://blog.simoncre.com/news/topic/build-to-suit) [Leasing & Acquisitions](https://blog.simoncre.com/news/topic/leasing-acquisitions) [Multi-tenant](https://blog.simoncre.com/news/topic/multi-tenant) [Phoenix Business Journal](https://blog.simoncre.com/news/topic/phoenix-business-journal) [New Development](https://blog.simoncre.com/news/topic/new-development) [Construction](https://blog.simoncre.com/news/topic/construction) [Leases](https://blog.simoncre.com/news/topic/leases) [Restaurant](https://blog.simoncre.com/news/topic/restaurant) [Retail](https://blog.simoncre.com/news/topic/retail) [Carefree](https://blog.simoncre.com/news/topic/carefree) [Craig's Crossing](https://blog.simoncre.com/news/topic/craigs-crossing) ### Related Posts Check out our latest news & views to help keep you informed October 26, 2026 [Sierra targets holiday shoppers with Westside..](https://blog.simoncre.com/news/sierra-targets-holiday-shoppers-with-westside-store-opening-nov.-14) [read more](https://blog.simoncre.com/news/sierra-targets-holiday-shoppers-with-westside-store-opening-nov.-14) September 17, 2026 [Cheesecake Factory coming to West Valley power..](https://blog.simoncre.com/news/cheesecake-factory-coming-to-west-valley-power-center-in-late-2027) [read more](https://blog.simoncre.com/news/cheesecake-factory-coming-to-west-valley-power-center-in-late-2027) September 17, 2026 [Cheesecake Factory coming to Surprise's..](https://blog.simoncre.com/news/cheesecake-factory-coming-to-surprises-village-at-prasada) [read more](https://blog.simoncre.com/news/cheesecake-factory-coming-to-surprises-village-at-prasada) August 21, 2026 [First watch plans albuquerque location at lobo..](https://blog.simoncre.com/news/first-watch-plans-albuquerque-location-at-lobo-crossing-shopping-center) [read more](https://blog.simoncre.com/news/first-watch-plans-albuquerque-location-at-lobo-crossing-shopping-center) August 4, 2026 [SimonCRE Acquires WA Retail Plaza for $12M,..](https://blog.simoncre.com/news/simoncre-acquires-wa-retail-plaza-for-12m-plans-redevelopment) [read more](https://blog.simoncre.com/news/simoncre-acquires-wa-retail-plaza-for-12m-plans-redevelopment) KEYWORD - There are no suggestions because the search field is empty. 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