#United States #Lowe's #Thompson Thrift #Maricopa

Lowe's Home Improvement Opens Its Doors in Maricopa

Thompson Thrift, a leading real estate development firm, proudly announces the grand opening of a massive new Lowe's Home Improvement store at the South Bridge Marketplace, located near Phoenix in Maricopa, Arizona. Spanning an impressive 130,000 square feet, this store promises to become a vital resource for homeowners and builders alike in one of Arizona's fastest-growing communities.

The opening of Lowe's is part of Thompson Thrift's ongoing commitment to enriching local markets with high-quality services and shopping options. “The successful launch of Lowe's showcases the solid partnership we've established with the city of Maricopa,” stated Dan Sink, President and CFO of Thompson Thrift. The company is excited to bring more amenities to a region that sees nearly 70,000 vehicles daily along John Wayne Parkway and Honeycutt Avenue, solidifying South Bridge Marketplace as an essential destination for consumers.

A Promising Future for South Bridge Marketplace

But the expansion doesn't stop here. Later this year, Thompson Thrift plans to break ground on a second phase of construction, which will feature a 54,000-square-foot ALDI store. This new anchor will further bolster the shopping experience in the area. In addition to ALDI, several other businesses have already committed to the marketplace, including Einstein Bros. Bagels, Club Pilates, Eurowax, and She Nails, with leases negotiated for 70% of the remaining space. This rapid development illustrates the increasing demand for amenities as the population of Maricopa continuously expands.

As a city situated between Phoenix and Tucson, Maricopa has undergone significant transformation over the past two decades. Thompson Thrift recognizes Maricopa's potential as a pro-business environment, thanks to its forward-thinking leadership and collaborative frameworks that attract national brands and long-term investments. "Maricopa is emerging as a high-growth market with robust fundamentals," noted Ashlee Boyd, Managing Partner for Thompson Thrift Commercial. “We are seeing increased interest from both national and regional operators looking to capitalize on the area's growth.”

Investing in Community Development

Thompson Thrift has a legacy spanning nearly forty years, having invested over $6 billion in diverse local communities across the Midwest, Southeast, and Southwest. The company has built a strong reputation for developing high-quality, attractive multifamily and commercial projects that meet the needs of evolving markets. Their ongoing projects in Arizona, including Elliot Tech Center in Mesa and Germann Commerce Center in Queen Creek, highlight the company's dedication to delivering quality developments.

As Thompson Thrift continues its mission, its commitment to creating spaces that serve the community remains steadfast. The attention and investment placed in these developments reflect their belief in the long-term benefits of striving for excellence in every project.

In conclusion, the launch of Lowe's in the South Bridge Marketplace marks a thrilling chapter for Maricopa and Thompson Thrift. The collaboration with local authorities and businesses sets the stage for even greater improvements. Shoppers can look forward to a bustling marketplace that quickly adapts to the growing demands of its residents.

For more information, visit Thompson Thrift.