SimonCRE and Carefree Partners are collaborating on a joint venture to add 70,000 square feet of restaurants and retail to the Surprise City Center. They have plans for further development in the future, including office buildings with ground-floor retail, apartments, parking facilities, a family entertainment center and more across 30-40 acres in the city’s expanding downtown area.
50% of this space has already been leased or committed by tenants (Mission BBQ) before construction has even begun. The cost for developing this initial phase is estimated at $35 million.
Construction is scheduled to start during Q3 2021 and be completed within one year from then onwards for Phase 1 of the project; no general contractor has yet been chosen.
