Construction Begins on $100M Phoenix-Area Project

Okland Capital and San Tan Development Group plan to bring 37,245 square feet of high-end retail and restaurant offerings to the first phase of Northside at SanTan Village, a $100 million mixed-use development in Gilbert, Ariz.

Construction has begun on the 20-acre site in the Phoenix suburb. Completion of the initial phase, which will have six buildings for more than a dozen retail and restaurant tenants, is expected to be completed by mid-2025, with a grand opening anticipated for the fall of 2025.

Aerial view of SanTan Village in Gilbert, Ariz. Image courtesy of Western Retail Advisors

Construction on an adjacent 134-key Marriott Springhill Suites hotel is slated to begin next month and be delivered by early 2026. Future uses for the property are currently being designed. A master plan includes shared community spaces and a walking loop.

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Okland Construction is the general contractor and Aline Architecture Concepts is the retail center architect. Bryan Babits and Alberto Caballero of Western Retail Advisors, a full-service brokerage based in Arizona and California that specializes in retail, are the exclusive retail and restaurant brokers.

Located on the east side of Santan Village Parkway between Williams Field and Ray roads in Gilbert’s restaurant and retail corridor, Northside at SanTan Village is near Macerich’s 1.2 million-square-foot super-regional shopping center SanTanVillage as well as Epicenter at Agritopia, a high-end residential and retail development with nearly 50,000 square feet of ground-level retail space and 320 luxury apartments.

Gilbert city officials are currently considering another project, Signature at San Tan Village, which would feature 326,731 square feet of retail, restaurant and commercial space. Possible tenants include Whole Foods Market and Dick’s Sporting Goods.

Rendering of Northside at SanTan Village in Gilbert, Ariz. Image courtesy of Western Retail Advisors.

Strong tenant interest

Calling Gilbert one of Arizona’s most dynamic restaurant and retail markets, Babits said they are already getting strong interest from potential tenants. Caballero told Commercial Property Executive the developer will welcome chains if they are unique to the area.

“The goal is to provide Gilbert residents with retailers and restaurants that don’t have other locations within the immediate radius,” Caballero said.

He said the project’s two street-facing buildings are particularly suited for restaurant users because they each have 4,300 square feet of space with 1,200-square-foot patios. Both are in various stages of lease negotiations or interest, he added.

Caballero said the remaining buildings offer smaller spaces that can accommodate boutique retail concepts, quick-service food or services such as fitness or medspa users. He said Northside will provide space opportunities for unique restaurant concepts, boutique retail and specialized health and wellness spaces, adding balance to the area’s heavy inventory of large-scale national concepts.

Community space at SanTan Village in Gilbert, Ariz. Image courtesy of Western Retail Advisors

“This is a very robust retail area with a regional mall, multiple popular big box shopping centers and numerous chain restaurants. Even with these developments, consumer and tenant demand in Gilbert remains extremely high, creating a steady undersupply of quality available retail and restaurant space,” Caballero told CPE.

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