Economic downturn caused the expansive growth of the West Valley to slow down. But as the economy recovers, the cities across this region is growing in not out.
A home furnishing company recently renovated and moved in to a large space near downtown Peoria that used to be occupied by Kmart. Tanger Outlets in Glendale will be adding 60,000 sq. ft. to its shopping center in Glendale.
This is what the city called infill where businesses renovates and reuse existing spaces and construct new buildings on a vacant land of existing developed land.
Commercial infill allows cities to optimize the use of their existing
infrastructure, such as streets, schools and parks, and is a better use
of resources for businesses and developers, said Mark Stapp, the
executive director of the Master of Real Estate Development program at
Arizona State University's W.P. Carey School of Business.
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