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ARIZONA BUSINESS

Work set to start on Safeway-anchored East Valley mixed-use development

A 35-acre mixed-use project is taking shape in Gilbert, likely anchored by a Safeway grocery store.

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A 35-acre mixed-use project is taking shape in Gilbert, likely anchored by a Safeway grocery store.

Thompson Thrift’s latest project, called The Gilmore, intends to break ground on April 30, nearly a year-and-half after the final plat was approved by Gilbert City Council in 2023.

The Gilmore’s 40.6 acres will include 213,656 square feet of commercial space — 63,537 square feet of which will be occupied by Safeway, the anchor tenant.

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A spokesperson with Albertson’s, the parent company of Safeway, declined to comment on the grocery chain’s involvement with The Gilmore. But the leasing brochure and details from a Town of Gilbert’s Planning Commission meeting back in November 2022 confirm Safeway as the anchor tenant. Adam Baugh of Withey Morris PLC, who the attorney on the project, confirmed the lease was signed to the planning commission during the November meeting.

In addition to the more than 200,000 square feet of commercial space, The Gilmore development, located at 3960 S. Val Vista Drive, will also include 300 luxury apartments.

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

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