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Haydon breaks ground on $275 million Verrado Marketplace project

Written By Sarah Poirier

Haydon Building Corp has officially started construction on Verrado Marketplace, a $275 million retail and entertainment hub in Buckeye, Arizona. Spanning 500,000 square feet, the project is designed to bring a mix of retail, dining, and entertainment options to the fast-growing Verrado community. Located at the intersection of Verrado Way and Interstate 10, the development aims to serve as a central gathering space for residents and visitors alike. Notable features of the project include a dine-in Harkins movie theater, various restaurant concepts, and a range of specialty retailers.  

Image source: Vestar

The project aligns with Buckeye’s rapid population growth and the increasing demand for amenities. Verrado Marketplace will house over 50 tenants, ranging from major national brands to local businesses, creating a balanced mix of offerings. The project is spearheaded by Vestar, a developer with a reputation for crafting large-scale, community-focused retail spaces. The company envisions the marketplace as a vibrant destination for shopping and social interaction.  

The development will include pedestrian-friendly walkways and gathering spaces in addition to its retail and dining elements, promoting a connected, walkable environment. The architecture blends modern design with functional layouts, creating an inviting atmosphere for families, professionals, and visitors. The construction process will also emphasize sustainability, with energy-efficient systems and materials planned throughout the project.  

Verrado Marketplace is expected to generate significant economic benefits for the area, including an estimated 2,000 construction jobs and hundreds of permanent roles once the development opens. With an anticipated completion date in 2025, the project is poised to become a focal point for the community and a major draw for visitors from neighboring areas.  

Haydon Building Corp, known for its expertise in large-scale commercial projects, has partnered with a team of architects and planners to bring the vision for Verrado Marketplace to life. The groundbreaking ceremony reflects the beginning of an exciting chapter for the Buckeye region, which is positioning itself as a hub of economic and cultural activity in the Phoenix metro area.  

For more updates on groundbreaking projects like this, subscribe to our newsletter at Under the Hard Hat. Stay informed about the latest developments in construction, engineering, and architecture. 

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