Jan 14, 2017

T.J. Maxx, Ross Dress for Less and Petco Groundbreaking Ceremony at Houghton Town Center

FOR IMMEDIATE RELEASE: Diamond Ventures and Ryan Companies Break Ground on 56,000-SF of new retail at Houghton Town Center in Tucson

TUCSON, Ariz., (January 12, 2017) — Ryan Companies US, Inc., Diamond Ventures and the city of Tucson gathered today for the groundbreaking of three retail stores at Houghton Town Center; Ross Dress for Less®, T.J. Maxx® and Petco®.

Ross, T.J. Maxx and Petco will open in the fall of 2017 at Houghton Town Center, a 60+ acre community shopping center, which caters to the residents of Rita Ranch, Vail and Corona de Tucson. The three stores will be next door to one another and directly east of the Walmart Super Center.

“We have partnered with Ryan to add these retailers to the development and we believe that it’s a win for all involved,” said Bill Kelley, CFO of Diamond Ventures. “The city of Tucson was very instrumental in getting this approved expeditiously, so that the development and construction timelines agreed to by Ryan could be met. “

Ryan is the owner, developer and general contractor of this retail project in Southeast Tucson.
“Our team is eager to further enhance the amenities at Houghton Town Center and look forward to continued growth in Tucson,” said John Strittmatter, Chairman/Southwest, Ryan Companies US, Inc.


About Diamond Ventures
Diamond Ventures, Inc. was founded in 1988 with a singular vision of becoming one of the leading real estate development and investment companies in the southwest. Over the years, the company has achieved its vision by assembling a quality portfolio of residential, office, retail and build-to-suit projects throughout Arizona.

About Ryan Companies US, Inc.
Ryan Companies US, Inc. is a 3rd generation, family-owned national developer, designer, capital investment consultant, builder and real estate manager specializing in fully integrated solutions for over 75 years. Key market sectors include: retailers, industrial, healthcare, senior living, and corporate build-to-suit; and product experience includes work on office, retail, mixed use, hospitality, multi-housing, industrial, medical office building, senior living, distribution center, public sector, and mission critical facilities.  Ryan serves customers throughout the United States with offices in the North, Midwest, Great Lakes, SouthEast, SouthCentral, SouthWest and West regions. Ryan was named the 2007 National Developer of the Year by NAIOP, the Commercial Real Estate Development Association.  For more information, visit


Contact: Sara Dial, 480-205-6034



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