The newest holding of PDG America, one of the state's most active retail buyers and developers, is located at the southwest corner of 67th and Peoria avenues. A Safeway store anchors the center.
PDG also has taken title to an under-construction 41,000-sf building that has been leased by L.A. Fitness. Part of Peoria Station, the fitness center has cost the developer an extra $1.4 million. The center will open in August.
The developer's expansion calls for construction of an 11,400-sf structure for Tutor Time Child Care Learning Center and 20,000 sf of shop space. The child-care facility will break ground by the fourth quarter, with an eye on a Q4 2002 opening. Phoenix-based Kubicek Architects & Associates has designed the facility. Jan Fincham and Patrick Dempsey, both of Lee & Associates Arizona Inc.'s Phoenix office, have brokered the $11.2-million Peoria Station sale.
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