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Madison Wetter

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Hi, I'm Madison.

Cave Creek local, real estate pro, and your go-to for all things home & desert living. Bringing you the best tips on making Cave Creek home! 

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The Carefree Quarter Development Carefree AZ is one of the most anticipated projects in town. Located at the northeast corner of Carefree Highway and Cave Creek Road, it will bring new shops, restaurants, and walkable community space to our area. Here’s everything residents should know about what’s coming, when it’s coming, and how it will shape the future of Carefree.

If you’ve driven through that corner lately, you’ve probably noticed the vacant land that’s sat untouched for years. Big changes are finally on the way and they’re going to shape the future of our little desert community.

Meet Carefree Quarter, a brand-new mixed-use retail and dining destination designed to bring local conveniences, community spaces, and economic growth right here to the North Valley.

What Is the Carefree Quarter Development Carefree AZ?

Carefree Quarter is a 24-acre development coming to the northeast corner of Carefree Highway and Cave Creek Road. The plan includes roughly 120,000 square feet of retail, restaurants, and community amenities.

The Carefree Quarter Development Carefree AZ is led by Empire Group with Diversified Partners overseeing leasing. After years of planning and public review, it’s finally moving forward with strong support from the Town of Carefree and many nearby residents who want more amenities close to home.

What’s Coming: Shops, Dining, and Design Highlights

Developers have said Carefree Quarter will be a place for everyday convenience and community connection, not just another shopping center.

Here’s what’s planned:

  • A PetSmart is expected as one of the first anchor tenants
  • A second anchor space, with Trader Joe’s listed as the top leasing priority
  • Casual dining and coffee spots, including restaurants like Cold Beers & Cheeseburgers or The Vig
  • Smaller local boutiques, fitness studios, and wellness concepts
  • An eco-friendly dry cleaner that uses chemical-free methods

Architecturally, the project will reflect a modern desert style with earth-toned materials, stone accents, and native landscaping. The layout will be pedestrian-friendly, with sidewalks connecting each building to encourage walking rather than driving from shop to shop.

A natural wash runs through the property, and instead of covering it, the developers plan to realign and enhance it with desert plants and a public trail. The trail will double as a scenic buffer for nearby homes and provide another spot for residents to enjoy the desert environment.

When Carefree Quarter Development Carefree AZ Will Begin Construction

The Carefree Town Council approved the development agreement in late 2024, and by mid-2025 the final site plans — including signage, architecture, and landscaping — had all been reviewed and approved.

Construction is expected to begin in early 2025, starting with site preparation and infrastructure improvements.

If all goes to plan, the first phase of shops and restaurants could open by mid-to-late 2026.

In the meantime, you’ll start seeing site work, grading, and utilities going in along Carefree Highway and Cave Creek Road as the project takes shape.

Why Carefree Quarter Development Carefree AZ Matters for Residents

For a small town like ours, projects like this can make a big difference.

Here’s what we stand to gain:

  • More convenience and fewer long drives for everyday needs
  • A meaningful boost in sales tax revenue (Carefree relies on sales tax for about 63% of its annual budget)
  • Local job opportunities in both construction and retail
  • A well-designed, community-friendly gathering space
  • Positive effects on property values and overall livability

Things to keep an eye on:

  • Traffic flow and safety near the intersection
  • Dark-sky-friendly lighting and building design
  • The mix of tenants and how they complement Carefree’s small-town feel

The Town has been working closely with neighborhood HOAs to manage these details, and early feedback has been largely positive.

How to Stay Involved and Informed

This is a community project in every sense, and the Town has made it easy to stay in the loop.

Here’s how:

  • Visit the official Carefree Quarter page on the Town’s website for renderings, plans, and updates: carefree.org/page/carefree-quarter
  • Follow meeting updates from the Planning & Zoning Commission and Development Review Board
  • Keep an eye on local outlets like AZ Big Media and AZBEX for news about construction milestones
  • Join community discussions in local Facebook groups or neighborhood newsletters
  • Subscribe to my Cave Creek & Carefree newsletter for real estate and local updates as Carefree Quarter progresses

A Thoughtful Step Toward Carefree’s Future

Carefree Quarter represents one of the largest private investments in our town’s history, and its success will play a big role in Carefree’s economic and cultural future.

If the vision comes to life as planned, we’ll gain new dining options, trails, and gathering spots, all while preserving the desert charm that makes Carefree unique.

Want to stay in the loop? Subscribe to my weekly newsletter for local news, real estate insights, and upcoming community highlights.

Carefree Quarter FAQs

Where is the Carefree Quarter located?
It’s at the northeast corner of Carefree Highway and Cave Creek Road in Carefree, Arizona.

When will Carefree Quarter open?
Construction is expected to begin in early 2025, with shops and restaurants opening in phases through 2026.

Who is developing the project?
Empire Group is leading the development, and Diversified Partners is handling tenant leasing.

What kinds of businesses are coming?
Expect a mix of retail, restaurants, and services including PetSmart, potential grocers like Trader Joe’s, and several locally loved dining options.

How can residents stay informed?
You can follow updates on the Town of Carefree website or sign up for my newsletter for the latest community and real estate updates.

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Join My List!

Cave Creek local, real estate pro, and your go-to for all things home & desert living. Bringing you the best tips on making Cave Creek home! 

ABOUT ME

Hi, I'm Madison.

I’m Madison Wetter, a Cave Creek real estate agent and longtime local. Growing up here means I know how to help sellers shine and guide buyers to the space, style, and community they’re looking for in Cave Creek, Carefree, and North Scottsdale.

Meet Madison

From growing up here to guiding you now.