Target General Inc. will serve as the general contractor on the project, which has been designed by Phoenix-based DFD Architecture. The Scottsdale office of Ebert & Rehorn is the leasing agents for the retail project.

The 54-acre Raintree includes two 64,000-sf office buildings and an 11-building office condominium project called the Offices at Raintree Corporate Center. Cavan has already developed 360,000 sf of class A office space in the park.

The firm also is under development on a 150,000-sf speculative office building in the park not far from the retail site. The three-story office building will deliver by November. A similar size spec project will get under way after the first phase is leased up. The Phoenix office of Lee & Associates, with brokers Bill Blake and Craig Coppola, are the leasing agents on the office project.