Location: Val Vista Drive and Germann Road in Gilbert
Description: A development dubbed The Gilmore is set to bring retail and housing on a 35-acre lot of land along the northwest corner of Val Vista Drive and Germann Road near Mercy Gilbert Medical Center, and is poised to break ground in late April 2025.
The $200 million development will include 197,000 square feet of new commercial development, along with about 300 apartment units.
The grocery chain Safeway will anchor the project.
Several other tenants have signed leases, including restaurants, fitness and wellness companies at The Gilmore.
Restaurants include:
- Nook Kitchen
- Zaxby’s
- Better Buzz Coffee
- Handel’s Ice Cream
- Over Easy
- Endo Japan Grill and Sushi
- Outcast Doughnuts
- Level One Arcade
More restaurants are under lease negotiations, according to Jake Heims with Thompson Thrift Development.
A med spa, a pet grooming business and a nail salon are also on the list of businesses poised to open at The Gilmore.
A 105-room, four-story hotel is also proposed at the development, but no tenant has been announced.
History of the site: The town council approved a rezoning request to change nearly 8 acres of the property from commercial to residential for the project in 2022.
For years, the site has sat as a vacant parcel of agricultural land.
When will the work be done? The retail portion of the project will begin construction in April, opening sometime between late 2026 and early 2027, according to Heims. The multifamily phase is set to go vertical in August or September, with the first residents to move in early 2027, he said.
Final Thoughts
The Gilmore is set to redefine the Val Vista and Germann corridor, bringing vibrant energy to a once-vacant piece of Gilbert. With a prime location near Mercy Gilbert Medical Center, this $200M mixed-use project blends convenience, lifestyle, and community — ideal for those relocating to the area. From trendy restaurants and daily essentials to wellness, entertainment, and upscale apartments, The Gilmore is more than a development — it’s a destination in the making.
Source: Thompson Thrift Development
Categories
Local Developments & Community Growth
Tags
Gilbert AZ development, The Gilmore, Val Vista and Germann, Gilbert real estate, new construction Gilbert AZ, mixed-use development, Safeway Gilbert, apartments in Gilbert, retail Gilbert Arizona