Featured in Phoenix Business Journal on June 27, 2023.
Target, Kohls, Boot Barn and more are bringing new stores to the fast-growing Prasada shopping centers in Surprise that are being developed by Scottsdale-based national retail developer SimonCRE.
Target Corp. recently acquired about 10 acres between the Loop 303 and Sarival Avenue just north of Waddell Road.
It paid about $4.3 million for the property, according to Maricopa County records, with plans to develop a 150,000-square-foot store to anchor the Prasada North shopping center between the Loop 303 and Sarival Avenue just north of Waddell Road.
Prasada North will include about 350,000 square feet of retail space with tenants including Boot Barn, Torchy's Tacos, Portillo's hot dogs, Ahipoki Bowl, Einstein Bagels and Verizon. Adjacent to the shopping center, American Furniture Warehouse is also developing a new store.
"Right now, residents have to travel at least seven miles, one way, to visit these kinds of retailers. We look forward to providing Surprise with more of the retailers that make the top of their yearly wish lists," said Joshua Simon, Founder, and CEO of SimonCRE, in a statement.