Buckeye's population ballooned from about 50,000 in 2010 to an estimated 112,000 in 2024. The city plans to eventually be home to an estimated 300,000 residents by 2040.
The city currently does not have a designation of assured water supply. So, when Gov. Katie Hobbs released a report last year that showed a shortage of water in the area, the city had to find new sources of water, particularly for single-family homes.
But despite development slowing down, it hasn't yet come to a stop. Here are three developments to watch in 2025 that could reshape the city.
Verrado Marketplace is one of Buckeye's most anticipated developments, breaking ground last month.
The $275 million open-air shopping center will bring more than 50 restaurants and stores to the city.
Verrado Marketplace is being developed by Phoenix-based Vestar, which also developed shopping centers like Tempe Marketplace and Desert Ridge Marketplace. It is expected to open in early 2026 and is located north of Interstate 10 along Verrado Way.
The center will create about 1,500 permanent jobs once it is fully open. That's significant for Buckeye, where 88% of its residents currently commute outside of the city for work.
Verrado Marketplace will be anchored by Target, Safeway , Ross, Marshalls, HomeGoods and a Harkins Backlot, which includes a movie theater and other family entertainment activities.
Perhaps one of Buckeye's most wide-ranging projects is Teravalis, formerly known as Douglas Ranch, which is expected to have its grand opening in the spring for its first village, Floreo.
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