Las Plazas at Old Vail breaks ground

Tucson, Ariz. -- A 17-acre parcel of land at the northwest corner of Houghton and Old Vail Roads in southeastern Tucson, Arizona, is slated to become a new retail and restaurant hub. The site work has begun at Las Plazas at Old Vail, in the form of under-ground utilities, grading, retention/detention, common drive aisles, landscaping, curbs and parking lot lighting.



The plot of land has been divided into 15 lots ranging in buildable areas from 3,000 sq. ft. to 19,000 sq. ft. The lots are being marketed for retail and restaurant use, according to CBRE’s Nancy McClure who, along with Michael Laatsch, has the marketing assignment on the property.



Las Plazas at Old Vail, designed to accommodate both retail and commercial users, is expected to relieve significant pent-up demand for retail and restaurant options in what many real estate experts believe is an underserved area. The available lots are for sale to users and developers who want to provide build-to-suits to tenants. The site is approximately a mile and a half from the I-10 freeway, just south of the Rita Ranch master-planned community.