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In the News

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Recent News


Korbbles Toys and Teddy Bears Opening at Shadow Lake Towne Center
Korbbles Toys and Teddy Bears will officially grand open at Shadow Lake Towne Center this Friday, April 15, 2016. Grand opening festivities include snacks, special offers and a 10% off storewide coupon. READ MORE


Fry’s Food Stores Announces New Location in the Heart of Downtown Phoenix
Fry’s Food Stores and RED Development today announced the popular grocer will open downtown Phoenix’s first full-service grocery store. Fry’s preferred location to build the new 55,000 square-foot grocery store would be on the surface parking lot bordered between Washington Street and Jefferson Avenue, located between CityScape Phoenix and Collier Center. READ MORE


Rayzor Ranch Hotel and Convention Center Groundbreaking Event
The City of Denton, in partnership with O’Reilly Hospitality, LLC, RED Development, and the Denton Convention and Visitor Bureau, is hosting a formal groundbreaking for the Hotel and Convention Center, located in the Rayzor Ranch Town Center. READ MORE


RED Development and BIG Shopping Centers USA Announce Additions to Fullerton Town Center
Beverly Hills-based BIG Shopping Centers USA and Phoenix-based RED Development today announced signed leases for two new fast-casual restaurant concepts and a new service provider at Fullerton Town Center. READ MORE


Carhartt Opening at Shadow Lake Towne Center, Spring 2016
Carhartt, America’s premium workwear brand since 1889, announced it will be opening at Shadow Lake Towne Center, HWY 370 & 72nd St. The store, projected to open in April, is the first of its kind in the state and Carhartt’s 25th company-owned store. READ MORE


Fry’s Food Stores Announces Renovations to its Store at Camelback Colonnade
Fry’s Food Stores today announced updates to its existing store at RED Development’s Camelback Colonnade property, which is located at 20th Street & Highland. The updates are scheduled to begin this month and be completed later this fall. The remodeled store will feature a 20,000 square foot expansion and several enhancements. READ MORE


Weaver Relocates Dallas Office to The Union Dallas
Weaver, the largest independent accounting firm in the Southwest, today announced the firm will move its Dallas office to approximately 58,000 square feet and two floors in The Union Dallas, RED Development’s mixed-use project in Uptown. READ MORE


Vinson & Elkins LLP Moving To Spectacular Uptown Views Amid Top Floors of The Union Dallas
One of the nation’s largest law firms, Vinson & Elkins, today announced plans to move its firm to The Union Dallas in 2018. Vinson & Elkins, a leading global law firm, will lease approximately 80,000 square feet and occupy three floors of the signature 22-floor office building in RED Development’s mixed-use project. READ MORE


Downtown Phoenix Inc. Relocates to CityScape Phoenix
Downtown Phoenix Inc. (DPI) announced today the relocation of its office to CityScape Phoenix where, for the first time, it will centrally house all affiliate organizations such as Downtown Phoenix Partnership, Phoenix Community Alliance and the Downtown Information Center. READ MORE


BIG Shopping Centers USA and RED Development Add Five Properties to Recently Launched Joint Venture
BIG Shopping Centers USA and RED Development announce the addition of five retail assets totaling nearly 1.5 million square feet in two Midwestern states and Arizona to their recently launched joint venture BIG RED Portfolio, LLC. READ MORE