Shake Shack, known for its delicious made-to-order Angus beef burgers, crispy chicken, hand-spun milkshakes, house-made lemonades, beer, wine, and more, is getting ready to open a new location in Surprise at 16470 W Waddell Rd.
The company’s eighth Phoenix location is set to open in the Village at Prasada later this year, according to a recent liquor license application submitted along with a new site coming to 1675 N Globe Drive, which What Now Phoenix previously reported on. It’s unclear exactly when this location is expected to open, but tenants for the shopping center are expected to move in by Summer 2025. Located just north of Village at Prasada on Waddell Road, this new development will complement the existing retail and dining venues, enriching the shopping experience for the community. Prasada North will add 350,000 square feet of new retail, dining, and shopping options in the City of Surprise. Previously announced tenants include Target, sneakybird, Portillo’s, FirstWatch, and more.
The new Shake Shack location comes on the heels of a portion of Prasada Shopping Center changing hands. A portion of the popular Prasada shopping center in Surprise has traded hands for $32 million, according to the Phoenix Business Journal. Real estate investment trust Curbline Properties Corp. acquired 7 acres in the Prasada North project that’s under development by Scottsdale-based SimonCRE at the Loop 303 and Waddell Road. Beachwood, Ohio-based Curbline, a spinoff of Site Centers Corp., paid all cash for a portion of Prasada that includes 34,000 square feet of retail. About a dozen tenants are in those spaces, including Shake Shack, Starbucks, Torchy’s Tacos, Einstein Bros Bagels, Portillo’s Hot Dogs, and more…