Featured in Town of Carefree News on April 28, 2026.

The northeast corner of Carefree Highway and Cave Creek Road is a vital, high-potential site for economic development within the Town of Carefree. Recognized as a key opportunity for generating long-term revenue and enhancing the community’s commercial offerings, the Town has been actively working with the property owner, Empire Group of Companies, and a developer to bring a high-quality project to this prominent location.

Following the decision by the previous development team to discontinue their plans, the Town announced at the April 7, 2026, Town Council meeting that a new developer, SimonCRE, is currently working with the property owner. Represented by Western Retail Advisors, a marketing brochure outlining the vision for the property has been released and is available on their website (https://w-retail.com/properties/?propertyId=1633830-lease). Western Retail Advisors noted that the project is expected to be anchored by a national grocer (currently at lease) and will serve as the premier retail destination in the Carefree / Cave Creek corridor.

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