Sprouts Signs on to Anchor Reimagined Scottsdale Shopping Center
By Ron Davis - Reporter, Phoenix Business Journal
Sprouts Farmers Market Inc. has signed a long-term lease to occupy the grocery anchor store at Papago Plaza.
Sprouts (Nasdaq: SFM) will slide into a 23,000-square-foot space at the base of a 172-space, two-story parking garage above it at the shopping center being redeveloped in Scottsdale. With a lease secured, owner Pivot Development expects construction of the grocery store and garage to kick off in early 2023 with an opening date sometime in 2024.
Phoenix-based Evolve Ventures is representing Papago Plaza on leasing, design and construction oversight.