Coming Soon to Metro Phoenix: Big Retail, Resorts & Real Estate Developments You Might’ve Missed

From luxury resorts and health innovation hubs to high-end shopping centers and family-friendly entertainment, Arizona is rapidly evolving. Here's what you need to know.

Arizona is on fire — and we’re not just talking about the weather. The Grand Canyon State is seeing a wave of new developments that are transforming it into one of the most dynamic regions in the country. From the East Valley to the West Valley and deep into the heart of Phoenix, major investments in lifestyle, healthcare, and entertainment are changing the landscape — and creating serious buzz for residents, businesses, and investors alike.

Whether you're a local looking for your next shopping spot, a family interested in new activities, or an investor eyeing growth potential, here’s a full breakdown of the most exciting projects happening right now.

🚧 Signature at SanTan Village: A $145M Upscale Retail Destination in Gilbert

Set to be the next crown jewel of the SanTan Village area, Signature at SanTan Village is a 30-acre, high-end retail development backed by Kensington Development Partners and IM Properties. This $145 million project is bringing Whole Foods Market and a DICK’S House of Sport to Gilbert, offering a premium mix of grocery, sports, dining, and entertainment.

🛍️ Key Highlights:

• 43,000 sq. ft. Whole Foods Market

• 119,000+ sq. ft. House of Sport with climbing walls, golf simulators & multi-sport cages

• Future phases will include 300,000 sq. ft. of total space

• Located in the vibrant SanTan Village corridor, just west of the regional mall

Why it matters: Gilbert continues to attract top-tier tenants and amenities, making it a hotbed for commercial investment and community living.

🎯 Medina Station: Target + Dick’s Bring Power Retail to East Mesa

The East Valley is growing fast, and Medina Station is leading the way in Mesa. This 64.5-acre mixed-use development will feature 300,000 sq. ft. of retail, anchored by a brand-new Target and a two-story DICK’S Sporting Goods.

🏗️ Development Snapshot:

• 148,000 sq. ft. Target (the 4th in Mesa)

• 84,000+ sq. ft. DICK’S Sporting Goods

• Other tenants: Einstein Bros., Boot Barn, Goodvets, Hawaiian Bros

• 70% of the space is already pre-leased

• Located near US-60 and Loop 202

With restaurants and fine dining in the works, this $150 million project will be a destination for both shopping and living, with future plans for multifamily housing.

🏁 Andretti Indoor Karting & Games Expands to Glendale

Entertainment lovers, rejoice! Andretti Indoor Karting & Games is opening its second Arizona location in Glendale with a massive 98,000-square-foot facility. The location, set to open April 29, brings high-speed thrills and fun for the entire family.

🎮 Features Include:

• Multi-level go-kart track with electric Superkarts

• 100+ arcade games

• 7D motion theater

• Bowling, laser tag, racing simulators, VR experiences

Perfectly positioned near TopGolf and the planned DICK’S House of Sport complex, Andretti adds even more appeal to Glendale’s growing entertainment district.

🏥 ASU Health HQ in Downtown Phoenix: A Game-Changer for Medical Education

Arizona State University is stepping into the future of healthcare. The newly announced ASU Health headquarters will break ground in 2026 at the Phoenix Bioscience Core campus — home to ASU’s new School of Medicine and Advanced Medical Engineering.

🏥 What to Expect:

• $200–$230 million medical innovation hub

• 200,000 sq. ft. facility for multiple health-related colleges

• ASU’s collaboration with HonorHealth for cutting-edge clinical training

• Focus on public health tech like AI, VR, and simulation labs

Why it’s big: With a growing physician shortage and a booming population, this initiative helps Arizona tackle healthcare challenges while training the next generation of leaders in medicine and public health.

🌴 VAI Resort Making Major Progress, Set to Open Later This Year in Glendale

Set to be Arizona’s most luxurious and entertainment-packed destination, VAI Resort is moving full speed ahead with construction and is now scheduled to open later in 2025. This $1 billion mega-resort is rising from the desert in Glendale and is already making waves as one of the most anticipated openings in the state.

🎤 What Makes VAI Stand Out:

• Over 1,100 rooms, suites, and villas across four distinct towers

• A $40 million amphitheater where guests can watch concerts from their hotel rooms

• 12 signature restaurants, Konos Island Beach Oasis, luxury spa, and nightlife venues

• A music-inspired design with immersive entertainment and upscale global vibes

• Live entertainment venue engineered by TAIT, pioneers in live show technology

Why it’s a big deal: VAI will be the first resort in Arizona—and one of the first in the world—to combine luxury accommodations with a live concert experience built directly into the rooms. Guests can literally watch headlining acts from the comfort of their private suite.

From VIP travelers to families and music lovers, VAI is positioning itself as a one-of-a-kind lifestyle destination that blends hospitality, entertainment, and innovation like never before.

🌄 Surprise Foothills & TerraWest Communities: West Valley Growth Is Booming

In the West Valley, Surprise is seeing a surge of new master-planned communities. TerraWest Communities, backed by New York-based JEN Partners, just purchased 210 acres to develop 750–1,000 homes and 20–30 acres of commercial space. Groundbreaking is expected in 2026.

🏘️ Why It Matters:

• The site sits along Sun Valley Parkway, with unmatched frontage

• Nearby projects include Lennar’s 846-home community and Festival Ranch in Buckeye

• The area is evolving into a gateway between Surprise and Buckeye

This region is becoming a magnet for families and investors looking for affordable housing, easy access to major highways, and future commercial opportunity.

🔍 Why It All Matters: Arizona's Future Is Now

With over $1 billion being poured into new projects across retail, healthcare, entertainment, and housing, Arizona is entering a new era. These developments are more than buildings—they’re economic catalysts, community builders, and investment magnets.

Whether you’re a homebuyer, entrepreneur, developer, or investor, staying ahead of Arizona’s booming growth trends gives you the edge to make smarter moves.

📍 Final Thoughts

From Gilbert to Glendale, Mesa to Phoenix, and out west to Surprise and Buckeye, Arizona is buzzing with opportunity. These projects are shaping the next chapter of what it means to live, work, and thrive in the Valley.

🔗 Want to explore how these changes could impact your real estate goals? Stay connected for updates, guides, and expert insights tailored for residents, transplants, and professionals navigating Arizona’s future.