Evergreen Devco Breaks Ground on First Major Shopping Center in Eastmark

Article originally posted on Commercial Executive Magazine on June 11, 2019

Evergreen Devco, Inc. , a leading national retail and multifamily development company, announced today it has begun construction for its development of the first major shopping center in Eastmark, the top-selling master-planned community in Arizona.

The neighborhood shopping center, named The Point @ Eastmark [“The Point”], will be anchored by  Safeway. It will consist of 36,000 square feet of assorted shops and retail pads, which will include restaurants and services that will cater to the residents of Eastmark.

“This incredibly well-located property will be a great addition to the dynamic Eastmark community, and will bring several high-profile stores, restaurants and amenities to the area,” said Bryan Lamond, Director of Leasing & Acquisitions-Arizona of Evergreen Development. “We’re very excited to create a place where the Eastmark community can come together and enjoy convenient shopping and dining options.”

Following the groundbreaking of The Point at Eastmark, Evergreen and Safeway hosted a community engagement event to share information and engage directly with the Eastmark community. Executives with Evergreen, Safeway and Brookfield Residential were able to gain valuable input from the hundreds of community members in attendance.

With more than 900 home sales in 2018 for a second consecutive year, Eastmark has been recognized as the top-selling master-planned community in Arizona for four straight years, as well as ranking No. 7 in the nation—placing it among the national top ten for the third consecutive year—according to a rankings report.

Evergreen formally acquired 10.6 acres of land at Signal Butte Road and Warner Road (Point Twenty-Two Blvd.), in Mesa, Arizona, last year. Located just east of the Phoenix-Mesa Gateway Airport, with access to growing employment corridors and outstanding schools, Eastmark has been the fastest growing master-planned community in Arizona since opening in 2013.

Completion of The Point at Eastmark is expected November 2019.

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