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Queen Creek Crossroads, a five-acre shopping center where workers erected the first building last week, has only a bank on its roster of tenants so far. But the developer, Mesa-based Pacific Western Partners, plans to finish work by the end of summer.
"We're looking at about August," said Allen Marsh, a principal with the company, which also has projects in Mesa, Phoenix and California.
A multi-tenant building is under construction and is one of three that are planned at the center. Marsh said the firm is in talks with a restaurant, which he couldn't identify since the deal hasn't closed. Marsh said First Bank of Arizona was also opening in the center.
Queen Creek Crossroads will encompass about 31,000 square-feet of space capable of hosting up to 22 tenants in the multi-shop buildings and two adjacent standalone buildings.
Marsh said he's excited about the location of Crossroads, which is just north of the 1.1 million-square-foot Queen Creek Marketplace and 380,000-square-foot Cornerstone at Queen Creek.
"It's (the location) one that we're excited about and hope that it obviously works out well for us, but we think it will," he said.
Queen Creek Marketplace drew a half-million shoppers and reached 85 percent occupancy in its first year of operation, according to the center's management. It features several large stores, including SuperTarget, Kohl's, PetSmart and Bed Bath & Beyond.
Another nearby shopping center, Queen Creek Fiesta, is also showing signs of life.
The town's first McDonald's restaurant, which opened in March, joined Discount Tire near the southwest corner of Rittenhouse and Ellsworth roads. According to the town, the proposed tenants include AmTrust Bank, IHOP, KFC, Arby's, KFC and Brake Masters.
Altogether, Queen Creek Fiesta will host up to 10 pads and three acres for additional shops, said Terry Marshall, a broker with Phoenix-based De Rito Partners.
"I think there's about 26,000 square feet of shops (planned) there," he said.
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