Loop 303: W. Valley Expects a Bonanza!!!!

, from the Arizona Republic, reports that developers have been snatching up property along the Loop 303 corridor from Surprise to Goodyear as this area is expected to generate the majority of the housing and population growth in the Valley. Retailers are salivating at the prospect of locating along the loop, said David Larcher of Vestar Development Corp. "With well over 50 percent of the housing starts happening in the West Valley, we have been very bullish along the 303," he said. Over the next two years, Vestar plans to break ground on two new projects along the Loop 303, and are currently developing Lake Pleasant Towne Center near the Loop 303 and Happy Valley Road. The Loop 303, also known as the Estrella Freeway, will be a 38-mile loop linking Interstate 17 and Interstate 10 in the far West Valley, helping to ease some ofthe congestion that is sure to accompany the masses of new residents flocking to the region. The six-lane freeway won't be completed until 2014.

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