Founded by industry veteran Chris Hake, Legacy Development Partners has launched as a real estate development firm concentrating on retail and mixed-use projects across the Southwest and beyond. The Phoenix-based firm is strategically backed by national multifamily leader and mixed-use developer The Garrett Cos. and will focus on developing and redeveloping single-tenant outparcels, multi-tenant buildings, grocery-anchored projects, and mixed-use spaces.
“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,” says 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.”
Legacy Development Partners’ affiliation with The Garrett Cos. will enable the new venture to leverage national expertise and resources while maintaining an independent, local identity focused on retail-driven, mixed-use solutions.
“At The Garrett Cos., 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,” says Eric Garrett, founder and CEO of The Garrett Cos. 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.”
Having sourced and overseen approximately $1.3 billion in ground-up projects across the Southwest, Southeast, and Midwest regions, Hake boasts decades of experience in commercial real estate development. His extensive expertise and connections have empowered Legacy Development Partners to launch with an active pipeline of more than a dozen opportunities, representing nearly $110 million in potential development volume.
The new firm’s initial projects will be concentrated in the Phoenix metro area and across Arizona, with additional developments planned in Colorado, Idaho, and Utah. Legacy Development Partners will also pursue select mixed-use opportunities in high-growth markets nationwide along with tenant-directed opportunities.
