--- title: New Shopping Center Planned in Development Hot Spot in Verrado description: SimonCRE's latest development, Roosevelt Commons, was featured on AZ Central following the closing of the land purchase for the retail center. image: https://blog.simoncre.com/hubfs/0dea3062-6ff4-4ecf-9e71-68a8d03040fb-Buckeye_and_Verrado_Captioned-38.webp --- - [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/new-shopping-center-planned-in-development-hot-spot-in-verrado#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) # New Shopping Center Planned in Development Hot Spot in Verrado December 11, 2023 [![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%2Fnew-shopping-center-planned-in-development-hot-spot-in-verrado%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%2Fnew-shopping-center-planned-in-development-hot-spot-in-verrado%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%2Fnew-shopping-center-planned-in-development-hot-spot-in-verrado%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&url=https%3A%2F%2Fblog.simoncre.com%2Fnews%2Fnew-shopping-center-planned-in-development-hot-spot-in-verrado%3Futm_medium%3Dsocial%26utm_source%3Dtwitter&source=tweetbutton&text=New%20Shopping%20Center%20Planned%20in%20Development%20Hot%20Spot%20in%20Verrado) Featured in [AZ Central](https://www.azcentral.com/story/news/local/southwest-valley/2023/12/11/verrado-community-in-buckeye-to-get-new-shopping-center-near-i-10/71852651007/) on December 11, 2023. A shopping center with retail, restaurants, and a planned hotel is coming to a development hot spot in Buckeye. SimonCRE, a Scottsdale-based commercial real estate development and acquisition firm, has acquired 15.6 acres of land in the Verrado community for Roosevelt Commons. The mixed-use shopping center will be built at the southwest corner of Roosevelt Street and Verrado Way. Roosevelt Commons will be just south of Interstate 10 and Verrado Way, which has been a popular area for development.   [>>READ MORE<<](https://www.azcentral.com/story/news/local/southwest-valley/2023/12/11/verrado-community-in-buckeye-to-get-new-shopping-center-near-i-10/71852651007/) [West Valley](https://blog.simoncre.com/news/topic/west-valley) [Buckeye](https://blog.simoncre.com/news/topic/buckeye) [Roosevelt Commons](https://blog.simoncre.com/news/topic/roosevelt-commons) [AZ Central](https://blog.simoncre.com/news/topic/az-central) [AZ Republic](https://blog.simoncre.com/news/topic/az-republic) ### Related Posts Check out our latest news & views to help keep you informed June 19, 2026 [Southwest Phoenix Shoppers, Harkins is Out,..](https://blog.simoncre.com/news/southwest-phoenix-shoppers-harkins-is-out-target-is-in) [read more](https://blog.simoncre.com/news/southwest-phoenix-shoppers-harkins-is-out-target-is-in) June 16, 2026 [Shopping Center Trades Hands as West Valley..](https://blog.simoncre.com/news/shopping-center-trades-hands-as-west-valley-retail-corridor-grows) [read more](https://blog.simoncre.com/news/shopping-center-trades-hands-as-west-valley-retail-corridor-grows) May 28, 2026 [SimonCRE Snags 10-Acre West Valley Site for..](https://blog.simoncre.com/news/simoncre-snags-10-acre-west-valley-site-for-whole-foods-upscale-retail-center) [read more](https://blog.simoncre.com/news/simoncre-snags-10-acre-west-valley-site-for-whole-foods-upscale-retail-center) August 1, 2025 [How the West Valley Became the 'It Place'](https://blog.simoncre.com/news/how-the-west-valley-became-the-it-place) [read more](https://blog.simoncre.com/news/how-the-west-valley-became-the-it-place) July 24, 2025 [Buckeye retail boom: New commercial space to..](https://blog.simoncre.com/news/buckeye-retail-boom-new-commercial-space-to-transform-i-10-and-verrado-way-intersection) [read more](https://blog.simoncre.com/news/buckeye-retail-boom-new-commercial-space-to-transform-i-10-and-verrado-way-intersection) KEYWORD - There are no suggestions because the search field is empty. 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