Lowe’s Home Improvement Opens at Thompson Thrift’s South Bridge Marketplace Near Phoenix
August 11, 2025
Phoenix, AZ
PHOENIX (Aug. 11, 2025) – Thompson Thrift, a full-service nationally recognized real estate company, announced today that Lowe’s has opened a 130,000-square-foot store at South Bridge Marketplace in Maricopa. Later this year the company plans to begin construction on a 54,000-square-foot second phase that will be anchored by ALDI.
“The successful opening of Lowe’s is a testament to the strong partnership our team has built with the City of Maricopa,” said Dan Sink, President and Chief Financial Officer of Thompson Thrift Development. “Together, we’re bringing meaningful amenities and services to one of Arizona’s fastest-growing communities, and we look forward to continuing this momentum as South Bridge Marketplace enters its next phase.”
Located at the northeast corner of John Wayne Parkway and Honeycutt Avenue, South Bridge Marketplace sits within an active growth corridor that sees nearly 70,000 vehicles per day. Aldi has signed a lease for the project and is submitting its plans for a building permit to the city. Thompson Thrift expects to have the permits necessary for the remaining shop and pad space for a planned groundbreaking in the fourth quarter. Einstein Bros. Bagels, Club Pilates, Eurowax and She Nails have also signed leases, and Thompson Thrift is in active negotiations with tenants that will bring the project to nearly 70% leased prior to groundbreaking.
"Maricopa continues to stand out as a high-growth market with strong fundamentals,” said Ashlee Boyd, Managing Partner for Thompson Thrift Commercial. “We’re seeing robust tenant demand from both national and regional operators, and we expect the remaining space to be fully committed in the near term. Our team is proud to help meet the needs of this dynamic community through thoughtful, long-term development.”
Maricopa, located between Phoenix and Tucson, has experienced remarkable growth over the past two decades. As the population expands, so does the demand for high-quality services and amenities. The city’s pro-business environment and collaborative leadership continue to make it an attractive destination for respected national brands and long-term investment.
