Creation Equity eyes revised timeline for Heritage District project in Gilbert

Creation Equity eyes revised timeline for Heritage District project in Gilbert

This article originally appeared in the Phoenix Business Journal.

The buildout of one of the largest pieces of land left to be developed in Gilbert’s Heritage District could be spaced out in phases.

Heritage Park, a nine-building, mixed-use development planned by Phoenix-based developer Creation Equity, is headed back to Gilbert Planning Commission on Jan. 3 for minor design revisions and possibly a new timeline.

The project, reported to cost around $300 million, received approval in early 2022 to be developed in a single phase across nearly 12 acres on the southwest corner of Juniper Avenue and Gilbert Road. Creation has since filed updated plans that split the timeline over two phases.

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