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ARIZONA BUSINESS

Target replaces Harkins Theatres as anchor at Laveen retail project

Laveen Park Place has several other anchor tenants that are already open, such as Sprout’s Farmers Market, T.J. Maxx and Michaels.

Target is now on tap as an anchor at the next phase Laveen Park Place — a development underway of...

Target is now on tap as an anchor at the next phase Laveen Park Place — a development underway off the Loop 202 Freeway and Baseline Road from Phoenix-based Kitchell Development. (Photo via Phoenix Business Journal's Jim Poulin)

(Photo via Phoenix Business Journal's Jim Poulin)

A retail project in Laveen will get a different anchor tenant than originally planned.

Target is now on tap as an anchor at the next phase Laveen Park Place — a development underway off the Loop 202 Freeway and Baseline Road from Phoenix-based Kitchell Development.

Harkins Theatres was originally slated to anchor the complex under a development plan the city approved years back.

“Since the rezoning approval, market conditions have evolved and the previously contemplated movie theater with a second major tenant is no longer proposed,” according to a narrative document about the modification to existing zoning approvals.

Laveen Park Place has several other anchor tenants that are already open, such as Sprout’s Farmers Market, T.J. Maxx and Michaels.

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

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