Exploring Market Momentum, Redevelopment Trends, and Experiential Destinations Shaping the Valley

What You’ll Learn:

• With the retail vacancy rate in Phoenix ticking down to 5.2% in Q1 2025, what factors are contributing to this steady demand despite a modest increase in store closures?
• How are developers and investors reimagining aging malls and big-box spaces into mixed-use or entertainment destinations?
• Which suburban growth corridors are creating new retail demand, and how are operators adapting to these shifts?
• Given that retail foot traffic in Phoenix is at 91% of pre-pandemic levels in Q1 2025, what does this continued consumer engagement mean for the future viability of brick-and-mortar stores?
• How can developers and city leaders collaborate to deliver connected, community-oriented entertainment and retail destinations?