Creation, Crescent Break Ground on Gilbert’s Heritage Park
Work has started on Heritage Park at the northern gateway of Gilbert’s Heritage District, marking the first phase of this 10-acre downtown destination that will provide a mix of restaurants and residential.
Creation, in partnership with Crescent Communities, is jointly leading the development of Heritage Park, which encompasses an entire city block at Gilbert Road and Juniper Avenue.
The initial phase includes approximately 47,000 square feet of retail and restaurants; NOVEL Heritage Park, a 288-residence dynamic luxury multifamily community; more than 300 surface parking spaces; and a public square with water features, mature landscaping, public art and walking and biking paths.
Flagship Restaurant Group has secured a prominent presence at Heritage Park, leasing 14,000 square feet to bring three restaurants to the East Valley. Future phases of Heritage Park will include a 125-room hotel and office.
Heritage Park will open in phases, with the first openings anticipated in 2026, followed by NOVEL Heritage Park opening in spring 2027. LGE Design Build spearheads construction.
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout