September 17, 2026
Three blocks from Surprise City Hall, a five-year-old Phoenix Italian restaurant has been pouring wine and pulling fresh pasta since February. Meanwhile, off Loop 303 and Waddell Road, the Target sign that's been up for a couple of years now still says nothing but "coming soon."
That's not the order anyone predicted. Prasada North was supposed to be the big story: 350,000 square feet of retail anchored by Target, Portillo's, Shake Shack and Kohl's, the kind of project that gets a press release every few months. Elm Street at Surprise City Center, the ten-acre mixed-use node tucked behind City Hall and Ottawa University, was the quiet one. It sat mostly empty for two years after its first leases were signed. And yet Elm Street's restaurants are the ones with tables to sit at tonight.
If you've been waiting on Prasada North to open before you plan a weeknight dinner out, you might be waiting on the wrong project.
Elm Street's first four restaurant leases, Mission BBQ, Better Buzz Coffee Roasters, Osteria Mia and Cafe Zupas, were announced back in 2023 alongside the city's deal to build out the street itself. Construction on those first buildings wrapped in 2024. Then things went quiet for a while, the way small developments often do while build-outs finish behind the scenes.
Then, in short order this year, two of those names actually opened their doors. Osteria Mia, the Phoenix Italian spot known for its wood-fired pizzas and bruschetta boards, expanded to a second location near Bell and Bullard in February. Cafe Zupas held a grand opening on January 9, with Surprise's new mayor doing the ribbon cutting, making it the chain's second Surprise location after its original spot at Village at Prasada.
Prasada North, by comparison, is still working through its lease-up. As of this past August, Target, Kohl's, Boot Barn and Shake Shack remained listed as announced tenants rather than open ones, and Portillo's, while confirmed as the chain's eighth Arizona location, still has no firm opening date. A portion of the project has already changed ownership, too: Ohio-based Curbline Properties paid cash for seven acres and roughly a dozen tenant spaces within Prasada North, a sign of how much institutional interest the corridor has attracted even before most of its storefronts open.
None of that means Prasada North stalled. It means big anchor-driven centers and small walkable ones run on different clocks, and the smaller clock finished its first lap first.
The mechanism here isn't complicated once you see it. A project like Prasada North depends on a handful of large anchor tenants, a Target, a Kohl's, a big box grocer, whose lease timelines, construction specs and internal approval processes move independently of the developer's schedule. One anchor's delay can hold up the pad sites around it, because parking, signage and shared infrastructure often get built to serve the whole block at once.
Elm Street never had that problem. Its first buildings were sized for fast-casual and full-service restaurants from the start, tenants that can finish a build-out and open in months rather than the year-plus timeline a big-box anchor requires. Smaller footprint, fewer dependencies, faster doors.
That's a pattern worth remembering the next time a big project gets announced with a splashy tenant list. The name on the sign tells you what's coming. The size of the space tells you when.
If you're deciding where to eat around Surprise City Center right now, here's the real state of play:
A few miles away, a completely different opening tells a related story. Someburros, the Sonoran-style chain that's been serving Arizona since 1986, opened its first Surprise location on Cactus Road near Loop 303 on January 20, with a mariachi-and-mascot grand opening the following month. That's not tied to Elm Street or Prasada at all. It's a third data point on the same map: growth in Surprise this year isn't concentrated in one place. It's showing up at multiple intersections, run by developers and operators who have nothing to do with each other.
Elm Street's location matters for reasons beyond City Hall proximity. It sits minutes from Surprise Stadium, spring training home of the Texas Rangers and Kansas City Royals, where the 2026 season opened February 20 with a 31-game schedule that included two World Baseball Classic exhibition games. That season wrapped in the spring, but the ballpark doesn't go quiet for long. The Surprise Saguaros, the city's Arizona Fall League team, begin play there this fall with top prospects pulled from five MLB organizations.
That's two extended seasons a year when a walkable dinner spot within a few blocks of the stadium has a built-in crowd, whether it's a Cactus League afternoon game letting out or a Fall League evening game starting up. Elm Street opening its first restaurants ahead of a fall prospect season isn't a coincidence worth overreading, but it's a convenient one if you're heading to a game and don't want to fight Bell Road traffic to find dinner first.
Nothing about Prasada North's timeline is broken. Big anchor tenants take longer, and Target, Kohl's and Portillo's will open when their own construction and lease processes clear, likely later this year or into next. The Shake Shack and Torchy's Tacos spaces caught up in that ownership change didn't lose their tenants in the sale, they just changed landlords.
The practical takeaway for anyone living near either project is simpler than the property news makes it sound. Don't let a big anchor's slower timeline convince you nothing is open nearby. Check the smaller buildings first. They're finishing faster, and in Surprise this year, they got there first.
If you're weighing what a growing corridor like this one means for a home you already own, or you're curious how fast-moving retail and restaurant activity tends to shape a neighborhood's character over time, that's a conversation worth having with someone who tracks these patterns for a living.
The Ackerman Team works across Greater Phoenix, including the West Valley communities where growth like this is reshaping daily life block by block. Work with Arizona Real Estate Experts.
September 17, 2026
September 10, 2026
September 3, 2026
Blog
August 28, 2026
August 27, 2026
August 20, 2026
August 13, 2026
August 6, 2026
August 6, 2026
The Ackerman Team is dedicated to providing you with exceptional service and unparalleled expertise. Reach out to us today.