X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SURPRISE, AZ-With the first phase of the Shoppes at Surprise Pointe set to open, Glimcher Ventures Southwest LLC is turning its attention to its final phase, which breaks ground today. The 17-acre second phase, estimated to cost $30 million, will feature 125,000 sf of retail shops, restaurants and entertainment.

Fitness One, an Arizona-based chain, will anchor the center as will a multi-entertainment component with a 48-lane bowling alley, laser tag, video arcade and restaurant and sports bar. The 65,000-sf entertainment venue is being developed by Victory Lanes LLC of Surprise, which signed a 10-year-lease with Glimcher Ventures for the project, set to rise at the intersection of Waddell and Litchfield roads.

David Glimcher, president of the Scottsdale-based development firm, says Victory Lanes’ bowling alley is a prototype that’s being rolled out in Arizona. He goes on to say that if it’s successful that it could be incorporated in other suburbs. “There’s serious interest in this. We’ve been contacted by a number of cities in the Valley to see if we can put in similar projects in those areas,” Glimcher tells GlobeSt.com. “People are social beings who like to be together. When you can group entertainment in one location, it works really well.”

The second phase will be the launch pad for more concepts: Three Tomatoes and Mozzarella Pronto, an Italian restaurant, and Howie’s Game Shak, a California-based PC and Xbox gaming center. The second phase is expected to be up and running toward the end of this year.

Glimcher broker ground last May on a 175,000-sf first phase of the $75-million Shoppes at Surprise Pointe. The 20-acre phase will be completed in May. Its 90%-leased roster sports a 14-screen UltraStar Cinemas as well as shops and restaurants.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.