Scottsdale shopping center announces $1.5M renovations are almost complete
May 10, 2021, 2:00 PM
(Scottsdale Development Partners Photo)
(Scottsdale Development Partners Photo)
PHOENIX — Developers of a shopping center undergoing a renovation in Scottsdale announced Thursday occupancy is almost full.
The 69,755 square-foot center located at Tatum and Dynamite boulevards is now 83% occupied, with a $1.5 million renovation almost complete.
“When we purchased the center it had out-of-state ownership, and out-of-state property management,” David Malin, president of Scottsdale Development Partners, said in a press release.
The Shops at Dynamite Creek’s new tenants are Loco J’s Tacos and Tequilas, OrthoArizona and Remax.
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Current occupants include ACE Hardware, Honor Health, Tailgaters and The Creek Patio Grill.
The commercial real estate company purchased the $10.5 million center in August 2020.
Malin said the 20-year-old center has been repainted a white and beige color and light fixtures have been added to the center’s water fountain.
The developer said they were in negotiations with another sit-down restaurant.
