In a bold move that signals our commitment to smart, strategic growth, Hungry Investments, in partnership with Peak Development Partners, is proud to announce the acquisition of a prime 5.5-acre development site in Chandler, Arizona. Located at the bustling intersection of Chandler Boulevard and Cooper Road, this site is set to be transformed into a vibrant retail space, with multiple pads breaking ground in Q4 2024 and a grand opening slated for Q1 2025.
The development is poised to leverage the area’s robust demographics, featuring an affluent neighborhood with an average household income exceeding $135,000, alongside thriving retail, residential, schools, and recreational spaces. This project aligns perfectly with Hungry Investment’s vision of nurturing and expanding into key, supply-constrained markets across the United States – all while enhancing the community’s access to quality retail options.
This venture is not just a testament to our growth but also to our collaboration with Peak Development Partners and the strategic guidance from Velocity Retail Group in leasing the pads. Bringing together seasoned expertise and a shared vision for economic and community development, this project marks another milestone in our journey towards creating meaningful impacts through intelligent investment.
For a more detailed overview of this exciting development project, please read the full press release.
We are thrilled to see where this partnership will take us and how it will contribute to the vibrant community of Chandler, Arizona. Stay tuned for more updates as we move closer to breaking ground and shaping the future of retail in this dynamic area.