New Developments in Greater Phoenix Metro: Data Centers, Luxury Condos, and More!

by Eric Ravenscroft, CRS

The Greater Phoenix Metro: Where Exciting Developments Are Shaping the Future

The Greater Phoenix Metro area is buzzing with new developments, from exciting retail expansions to cutting-edge entertainment venues and vibrant residential communities. Whether you're a resident, investor, or simply curious about what’s on the horizon, staying informed about these projects is crucial. In this weekly update, I highlight the most significant developments shaping the future of the Phoenix Metro. Dive in to discover the latest news and what it means for you!

Tract Acquires 2,100 Acres in Buckeye for $20 Billion Data Center, Set to Become One of the Largest in U.S.

Aerial view of a vast 2,100-acre tract of land in Buckeye, Arizona, recently acquired for a $20 billion data center project. The site is set to become one of the largest data centers in the United States, showcasing expansive open terrain under clear skies, with the city of Buckeye visible in the distance.

Buckle up, because Tract, a Denver-based company, is making waves in metro Phoenix by acquiring nearly 2,100 acres in Buckeye for a massive $20 billion master-planned data center campus. This site, bought for over $136 million in cash from Arizona Land Consulting, will soon be one of the largest data centers in the U.S. Picture this: 40 facilities spread across 20 million square feet with a whopping capacity of 1.8 gigawatts of power.

This development is not just big—it’s transformative. It’s expected to create 500 full-time and 2,000 construction jobs, propelling Phoenix as a top market for data centers. The land, originally planned for residential development, was re-designated for industrial use due to its strategic location near Buckeye Municipal Airport and State Route 85, positioning it as a major economic growth corridor. With Phoenix's data center market recently surpassing Silicon Valley in new supply and ranking fourth in the nation for total inventory, this project is set to attract major players like Microsoft and Facebook, driving a surge in local economic activity and offering significant investment opportunities.

GSQ in Goodyear Set to Become a Culinary Hotspot with New Openings: The Stillery, Spitz, and More Join the Lineup

A vibrant rendering of Goodyear's GSQ area, showcasing upcoming culinary hotspots like The Stillery, Spitz, and other new restaurant openings. The scene features modern restaurant facades, outdoor seating areas, and people enjoying a lively atmosphere, highlighting GSQ's transformation into a top dining destination.

GSQ in downtown Goodyear is rapidly transforming into a culinary and entertainment hub. This district is on the rise with several exciting new establishments set to open their doors. Among the highlights:

  • The Stillery: Nashville’s iconic venue is bringing live country music, classic American comfort food, and signature mason jar cocktails to Goodyear on September 23. Get ready for a lively atmosphere perfect for unwinding with great music.

  • Copper & Sage: Launching on October 1, Copper & Sage is poised to become a standout dining destination in GSQ, offering a refined yet approachable menu that’s perfect for a night out or a special occasion.
  • Spitz Mediterranean Street Food: Expected to open later in 2024, this spot will serve up vibrant dishes like wraps, gyros, and flatbread pizzas alongside craft beer and cocktails. Ideal for a casual, yet flavorful dining experience.

  • Dave's Hot Chicken: Known for its spicy chicken tenders and sliders, this West Valley debut in 2025 will cater to those who love their food with a kick.

These new additions, along with other upcoming spots like Shake Shack and High Tide Seafood Bar & Grill, are turning GSQ into a go-to destination for both locals and visitors. For investors, this area is becoming increasingly attractive as more high-quality dining options draw crowds, boosting the local economy.

Scottsdale's The Luxe at Desert Ridge Unveils Exclusive 4,000-Square-Foot Condos Starting at $2 Million

A stunning view of the Luxe pool at The Luxe at Desert Ridge in Scottsdale, featuring a large, elegantly designed swimming pool surrounded by luxurious lounge chairs and palm trees. The pool area is set against the backdrop of the exclusive 4,000-square-foot condos starting at $2 million, offering a glimpse of high-end living in a serene desert setting.

The Luxe at Desert Ridge is raising the bar for luxury living in Scottsdale. The Statesman Group is set to begin construction on the next phase, introducing 4,000-square-foot condominiums priced just under $2 million. Since breaking ground in May 2019, four out of the six planned buildings have been completed, but the best is yet to come.

The new phase includes 40 units, with six D'Luxe condos offering expansive living spaces—up to 3,200 square feet inside and 900 square feet outside. These are designed for those downsizing from larger homes but still craving that luxury feel, featuring three bedrooms, a den, 3.5 bathrooms, and customizable dual closets. With premium amenities like Olympic-sized pools and private parking bays, this development is perfect for buyers seeking high-end, low-maintenance living.

The Luxe’s strategic location near the JW Marriott Phoenix Desert Ridge Resort & Spa and Wildfire Golf Club adds even more allure. As Scottsdale continues to thrive, these condos represent a prime investment opportunity in one of the Valley’s most desirable areas.

Arizona Pickleball League Shines in New Amazon Prime Docuseries, Highlighting the Sport's Growing Popularity

Cover image of the pickleball show titled 'Breaking Pickleball,' with the subtitle 'Arizona Pickleball League Shines in New Amazon Prime Docuseries.'

Pickleball is more than just a game in Arizona—it’s a phenomenon. The Arizona Pickleball League is capturing national attention with the new "Breaking Pickleball" docuseries on Amazon Prime Video. This six-episode series showcases the intense competition and community spirit among five Valley-based teams, including the Scottsdale Scorchers and Gilbert Gladiators, as they battle for the Orchard Championship Cup.

Pickleball’s rising popularity is undeniable, with USA Pickleball reporting a 15% membership increase in 2023 alone. For the Sullivans, who founded the league in 2023, this documentary is a testament to their vision and the sport’s explosive growth. For viewers, it’s a chance to see why pickleball is quickly becoming a favorite pastime across the country.

Pepper Lunch Debuts First U.S. Franchise at ASU with Expansion Plans Across Phoenix

Exterior of Pepper Lunch restaurant at Arizona State University, marking its first U.S. franchise. The building features modern signage and a welcoming storefront, with plans for expansion across Phoenix.

Here’s something for food lovers: Pepper Lunch, a Japanese fast-casual chain with over 500 locations worldwide, is opening its first U.S. franchise at Arizona State University (ASU) in Tempe. Located in the University Gateway Building, this spot will bring teppanyaki-style dishes like curry rice, teriyaki, and pasta to the Phoenix metro.

This is just the beginning. Bid Investment Group, the franchisee led by Jake Ireland, has ambitious plans to open 10 more stores across metro Phoenix in the next five years. As these locations pop up, they’re likely to attract food enthusiasts from all over, making them prime hotspots for future real estate and investment opportunities.

Novva Data Centers to Invest $3 Billion in Sustainable 300MW Campus in Mesa, Arizona

A digital rendering of Novva Data Centers' future $3 billion, 300MW sustainable campus in Mesa, Arizona. The image showcases a modern, expansive facility with eco-friendly architectural design, surrounded by green spaces and solar panels, symbolizing the commitment to sustainability and cutting-edge technology

Mesa is about to get greener—and more powerful. Novva Data Centers has announced a $3 billion investment to build a 300MW data center campus on 160 acres in southeast Mesa. This project, slated to begin its first phase in late 2026, promises cutting-edge sustainability features.

With a water-free air-cooling system, biofuel-powered backup generators, and rainwater capture systems, Novva’s Mesa campus is designed to conserve up to 650 million gallons of water annually. These innovations make it a model of energy efficiency, which is great news for Mesa’s environment and economy alike. As the data center industry continues to boom, Mesa’s position as a tech hub is solidifying, presenting exciting opportunities for investors and residents.

Blandford Homes Launches Upper Canyon in Ahwatukee: Last Major Development to Feature 1,050 Homes and 479 Rentals

Map showing the location of Upper Canyon in Ahwatukee, the last major development by Blandford Homes. The map highlights the area where 1,050 homes and 479 rentals will be constructed as part of the new development.

Ahwatukee is getting its last major development, and it’s a big one. Blandford Homes is launching Upper Canyon, a master-planned community that will feature 1,050 single-family homes and 479 rental units. This project has been in the works for decades, with Blandford finally securing the land in 2021 after a competitive auction.

Upper Canyon is a major win for Ahwatukee, bringing a mix of high-end homes and rental options to this sought-after area. With prices ranging from the high $600,000s to over $1 million, these homes are designed to attract discerning buyers. Blandford’s strategic partnerships with PulteGroup and D.R. Horton ensure that this development will cater to a wide range of residents, from families to retirees.

As Ahwatukee’s final large-scale development, Upper Canyon is a landmark project that will shape the area’s future for years to come. For those looking to invest in one of Phoenix’s most established communities, this is an opportunity not to be missed.

 

Stay Ahead of the Curve

As the Greater Phoenix Metro continues to grow and evolve, these developments are just the beginning of what’s to come. From retail giants to innovative entertainment and thriving new communities, the region is a hotspot for both lifestyle and investment opportunities. To stay ahead of the curve, visit our 'News, Updates, and Coming Soon' page weekly, and don’t miss out on the latest happenings in your neighborhood.

Curious how these developments can elevate your real estate strategy? Let’s chat and turn these opportunities into your next success story! Book a time with me below to dive deeper into these exciting opportunities and tailor them to your real estate goals.

 

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About the Author

 

Looking for a dedicated real estate professional in Arizona? Meet Eric Ravenscroft, your trusted expert passionate about helping you navigate the real estate market. With over 14 years of experience in real estate and financial planning, Eric is committed to providing unparalleled service and guidance.

 

Whether you're searching for a new construction home, exploring investment opportunities, or planning for your financial future, Eric brings the expertise and dedication to help you achieve your goals.

Reach out to Eric Ravenscroft today and start your journey toward success in real estate. Call or text Eric today!

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