Economic Development Finally Catching up with Oro Valley Population Growth

Oro Valley is slated for massive economic development in upcoming years as large retail centers are moving in to accommodate the town's continued rapid growth. Over 2 million square feet of space is currently designated among three main retail centers in the Oro Valley area, providing more variety for consumers and more sales tax revenue for the town's government. Although Oro Valley is just 6 miles North of Tucson, this planned development is welcome news for residents that want to shop locally rather then head into the city for more retail and dining options then are currently available. Oro Valley, made up of nearly 45,000 people, is not isolated by any means. Several grocery stores, including Safeway, Fry's, and Trader Joes, are located in Oro Valley, as is Target, Pier One, Home Depot, Pet Smart and Office Max. Still, retail shops and restaurants are limited compared to much of the city. All of these new retail centers are located off Tucson/Oro Valley's main North/South thoroughfare Oracle Rd, which provides easy access to those coming from the Catalina area (North) or the rest of Tucson (South).

Currently near completion is the Oracle Crossings Center, 260,000 square feet of space where tenants include Kohl's Department Store, Sprouts Farmers Market and Sedona Patio and Leather. Restaurant's include Carrabba's Italian Grill and Peter Piper Pizza.

Just up the road is Steam Pump Village, about 300,000 square feet, targeting home decor and furnishings. Current tenants are Studio C by California Design Center, Carpet One Floor & Home and Chili's Grill and Bar, while future tenants include Sunset Interiors & Design Studio, Steinway Piano Gallery and an outdoor amphitheater. Also under construction is a Wingate Inn, with completion scheduled for early 2008.

The largest of the new developments is Oro Valley Marketplace, which will consist of nearly 800,000 square feet of space. With Phase One expected to open in September 2008, tenants will include Cost Plus World Market, Linens' n Things, DSW Shoes, Best Buy and CineMark movie theaters. Restaurants will include Keg Steakhouse & Bar, BJ's Restaurant and Brewery and Olive Garden.

Other smaller centers are also planned, with most consisting of a mix of retail and office space. Springhill Suites by Marriott is slated to begin construction in October in the Mercado del Rio Center, just one block west of Oracle Rd. Springhill as well as Wingate Inn will offer great lodging alternatives from Oro Valley's pricier resort Hilton El Conquistador .

Although there is frusturation from many Oro Valley residents regarding a Wal-Mart Supercenter being an anchor store for the Oro Valley Marketplace Center, the overall consensus is that retail growth and development is welcome in the town. Oro Valley residents are excited about having more choices so close by, and all the opportunities that come with the development.