Marana Spectrum - A Huge Retail “Power Center” coming in 2010

Adding to the explosive growth in Marana, AZ is the steady progress of a new 1.3 million square foot retail shopping center dubbed Marana Spectrum. It will be located at the southeast corner of Camino de Manana and Linda Vista Boulevard (east of I-10 between Cortaro and Avra Valley) and will cover nearly 170 acres. Estimated to have roughly 100 stores, Marana Spectrum will carry 3 “anchor stores” of at least 100,000 sqft, making the total square footage approximately equal to that of the Tucson Mall. That’s HUGE! Take a look at the proposed layout below:

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The ball started rolling about one and a half years ago and plans have been released by the company in charge of the construction of the center (Kimco Developers Inc.). A brief excerpt from their site on what they do:

“Kimco Developers pursues the development of quality open-air retail shopping centers with national tenants, both on our own and through joint ventures with quality developers.

These projects will be supermarket anchored power centers, mixed-use or lifestyle centers.”

What is even more exciting about this center is the fact that it basically ensures a Twin Peaks interchange at I-10. With such a large retail center being built the Town of Marana will finally have to build the interchange that most Continental Ranch residents have been clamoring for over the past five years. It will also alleviate some of the congestion that has been building up during the past few years at the Cortaro Road interchange and also ease the traffic that will be generated from the pending subdivision of Saguaro Springs (read about it here).

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The project is slated to begin in 2008 and be completed by 2010 (I wonder if that will coincide with the opening of the Twin Peaks interchange & the completion of the 3 year I-10 expansion project! ;P).

As of yet no anchor stores have been announced but possible candidates will probably be stores along the lines of Best Buy, Bed Bath & Beyond, Circuit City, etc.

This is definitely going to be a huge step in Marana’s development plan and I can’t wait for it to be finished!

UPDATED 8/13/2007 - From today’s Arizona Daily Star article: “Plan update: The developer, Barclay Group, is still in negotiations with the town of Marana on a development agreement. The retail center’s opening is contingent upon the completion of the planned I-10/ Twin Peaks Road interchange. Construction on the interchange is expected to begin in early 2008. The Town Council approved a site plan for the center on Tuesday.”

Technorati Tags: Marana, AZ, Marana Spectrum, Twin Peaks interchange, Town of Marana, Continental Ranch, Saguaro Springs, tucson real estate

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