Thompson Thrift, a developer powerhouse in the Phoenix metro area, announced 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.

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 before groundbreaking.

Thompson Thrift purchased the site in January 2024 and broke ground on the Lowe’s store in November.