ApprovedOther

Southbridge Marketplace Phase 2

Description

Approved the collateral assignment and subordination agreement with Johnson Bank tied to the development incentive agreement for Southbridge Marketplace Phase 2.

Impact summary

The agreement keeps the commercial marketplace project's financing on track, supporting continued retail development in Southbridge.

Applicant

Name
TTRG AZ Maricopa Phase II Development, LLC / Thompson Thrift Development, Inc.
Address
Lots 1-7, Southbridge Marketplace Phase 2, Maricopa, AZ

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved7–0, unanimous

Last discussed Jan 20, 2026.

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