Legacy Development Partners Set to Transform Retail and Mixed-Use Development in the Southwest
Legacy Development Partners, a newly established real estate development firm, is poised to make a significant impact on the retail and mixed-use landscape across the Southwest and beyond. With a strong foundation built on industry expertise and strategic backing, the Phoenix-based company is set to redefine development standards through a combination of innovation, collaboration, and experience-driven execution.
A Vision for Growth and Innovation
Founded by seasoned real estate professional Chris Hake, Legacy Development Partners emerges with a clear mission: to develop and redevelop single-tenant outparcels, multi-tenant retail buildings, grocery-anchored centers, and dynamic mixed-use spaces. Backed by The Garrett Companies—a nationally recognized leader in multifamily and mixed-use development—Legacy Development Partners benefits from a wealth of national expertise while maintaining its independent, locally driven focus.
Hake, who has played a pivotal role in commercial real estate for decades, brings a wealth of experience, having sourced and overseen approximately $1.3 billion in ground-up developments across multiple U.S. regions. His leadership and deep-rooted industry connections have enabled the firm to launch with a strong pipeline of projects totaling nearly $110 million in potential development volume.
A Collaborative Approach to Development
Legacy Development Partners prides itself on a partnership-driven philosophy. In today’s increasingly complex real estate environment, collaboration is essential to navigating challenges and seizing Retail pportunities. The company is dedicated to working closely with tenants, municipalities, brokers, and landowners, ensuring that every stakeholder is treated as a valued partner in achieving mutual success.
“We built Legacy Development Partners on a foundation of partnership, and in today’s challenging real estate space, true partnership is more critical than ever,” said Hake. “From tenants to municipalities, brokers to landowners, everyone we work with is treated as a valued ally, working together toward shared success in any market cycle.”
The firm’s ability to operate as an independent entity while benefiting from the expertise and resources of The Garrett Companies positions it uniquely in the market. This affiliation provides Legacy Development Partners with a robust support system, enabling it to take on projects of varying scales while maintaining its commitment to high-quality, retail-driven, mixed-use solutions.
Strategic Market Expansion
Legacy Development Partners is already making strides in the market, with initial projects focused on the Phoenix metropolitan area and other key locations in Arizona. Looking ahead, the company plans to expand into high-growth markets in Colorado, Utah, and Idaho. Additionally, the firm will pursue select mixed-use opportunities nationwide, particularly in areas where demand for integrated retail and residential spaces is on the rise.
By targeting diverse markets with high potential for growth, Legacy Development Partners aims to set new benchmarks in retail and mixed-use development, offering tailored solutions that cater to both local and national trends.
Leveraging Expertise and Market Insight
With the real estate sector facing dynamic shifts due to evolving consumer behaviors and economic trends, Legacy Development Partners is committed to staying ahead of the curve. The firm’s leadership team leverages data-driven insights, advanced market research, and industry foresight to ensure its developments align with changing market demands.
“At The Garrett Companies, we are always looking for dynamic ways to expand our capabilities, and this affiliation gives us a highly experienced commercial division to complement our multifamily projects,” said Eric Garrett, Founder and CEO of The Garrett Companies and strategic partner to Legacy Development Partners. “Chris has an incredible track record in the industry, and we’re excited to support his team as they build something truly impactful.”
The strategic partnership between Legacy Development Partners and The Garrett Companies not only enhances the firm’s capacity to deliver high-quality projects but also ensures that each development integrates seamlessly with broader urban planning and market needs.
A Future-Forward Development Model
As the retail and mixed-use sectors continue to evolve, Legacy Development Partners is committed to forward-thinking development strategies. The firm embraces sustainability, innovative design, and community-centric planning to create spaces that offer long-term value for both businesses and residents.
By prioritizing adaptive reuse, smart infrastructure, and environmentally conscious building practices, Legacy Development Partners aims to deliver projects that meet the needs of today’s consumers while anticipating future trends. The firm’s dedication to sustainability and responsible growth aligns with broader industry efforts to create more resilient, adaptable urban environments.
Looking Ahead
With an ambitious roadmap and a leadership team that brings unparalleled industry expertise, Legacy Development Partners is well-positioned for long-term success. By combining deep industry knowledge with strategic partnerships and a commitment to innovation, the company is set to become a key player in the transformation of retail and mixed-use development across the Southwest and beyond.
For more information about Legacy Development Partners and its upcoming projects, visit legacydevpar.com.
About Legacy Development Partners
Legacy Development Partners is a premier real estate development firm specializing in the development and redevelopment of single-tenant outparcels, multi-tenant shop buildings, grocery-anchored projects, and mixed-use developments. Based in Phoenix, the company’s leadership portfolio spans 13 states and 50 markets across the Southwest, Southeast, and Midwest, with a combined development value exceeding $1.3 billion. Learn more at legacydevpar.com and follow Legacy Development Partners on LinkedIn.
About The Garrett Companies
The Garrett Companies is a full-service multifamily development, construction, and management firm that has established itself as an industry leader. With operations in six states and a portfolio that includes over 60 completed projects in 22 states, The Garrett Companies specializes in delivering high-end multifamily housing, mixed-use developments, retail, and office spaces. The firm’s innovative approach and proprietary market research strategies drive the success of its projects, ensuring superior risk-adjusted returns. For more information, visit thegarrettco.com and follow The Garrett Companies on LinkedIn.
