Construction is under way on a Lowe’s home improvement store in south Gilbert.
Work on the 134,000-square-foot building supply store anchoring the Higley Pavilion shopping center started about three weeks ago, project officials said.
The Los Angeles-based developer — Kornwasser Shopping Center Properties — plans to build the 315,000-square-foot shopping complex at Higley and Queen Creek roads in two phases.
Kelly Patton, a business development specialist with the town, said residents of south Gilbert are currently under served with adequate shopping amenities and the center will help change that.
“They don’t have a whole lot,” she said.
Phase two will host a Fresh & Easy Neighbourhood Market, which is one of more than 50 stores the British-based parent company, Tesco, wants to build in the Valley over a period of years.
The company plans to carve out a niche in the crowded Arizona supermarket industry by focusing on fresh, lowcost and healthy food sold in small neighborhood-centric stores that are similar in size to a Trader Joe’s.
Gordon Keig, Kornwasser’s senior vice president, said the company expects Higley Pavilions to be completed in the fall of 2008.
Gilbert’s growth makes fertile ground for retailers and is the chief reason company officials were attracted to the area, Keig said.
So far, only two other tenants have committed to opening businesses on the property — Kentucky Fried Chicken and a Chase bank branch.
Four more free-standing pads remain, and Keig said they’re large enough to accommodate retail stores or restaurants ranging from 4,000 to 6,000 square feet.
The development is attracting a lot of attention from retailers since Kornwasser announced Lowe’s as one of its anchors, Keig said.
“We’re very pleased with the interest level,” he said.