Planners of Gilbert's next major retail development say they're ready to break ground in the next few weeks.
"Definitely within the next 30 days; possibly within a couple of weeks," said Mary Ridberg, a leasing agent representing Promenade at San Tan, a nearly 400,000-square-foot commercial and retail center planned for the southeast corner of Val Vista Drive and Williams Field Road.
The project builds on the momentum that started with SanTan Village shopping center and is continuing along the Santan Freeway stretch of Loop 202. And while it's not the largest development to come to Gilbert in recent years, it is coming to one of the town's last available major intersections.
"It's a pretty good size compared to some of the other professional plazas coming to the town," Gilbert senior planner Susan Fiala said.
Ridberg said she could not disclose which retailers and restaurants are planned, but she equated the businesses with those typically found in Scottsdale's Gainey Ranch area or Phoenix's Biltmore district.
She described some of the restaurants expected to move in as "a premier steakhouse, an upscale Mexican fusion restaurant, and a sushi and martini bar."
"There are restaurant tenants that we do have an agreement (with) that are very, very highly regarded but have not been in the East Valley before," she said.
Town planners are pleased with the project's design, Fiala said.
"We're looking for this to be very complementary and also very high-quality," Fiala said. "We wanted to make sure that it had a lot of visibility to the site."
The same planners and architects that designed Promenade at San Tan handled the award-winning Spectrum Falls office and medical complex in Gilbert, which has received acclaim in the commercial real estate industry for its design. That has made it an easy sell to potential tenants, Ridberg said.
"The quality of the architecture kind of speaks for itself," she said.
Construction will begin on the Val Vista side of the property and will move east.
Business tenants could start moving in by the end of 2008.