Evergreen Development Co. - Phoenix, AZ
2390 E Camelback Rd Suite 410 Phoenix, AZ 85016 (602) 808-8600
Evergreen Devco is a privately held real estate development company founded in 1974 by Bruce Pomeroy and Andrew Skipper, headquartered in Phoenix, Arizona with additional offices in Denver, Colorado, El Segundo, California, and Salt Lake City, Utah. The firm operates as a vertically integrated development and investment company across three primary asset classes: retail, industrial, and multifamily. Over five decades in business, Evergreen has delivered projects ranging from single-tenant build-to-suit developments to large-scale mixed-use communities and grocery-anchored shopping centers.
The company's retail portfolio includes neighborhood shopping centers, build-to-suit projects, and value-add retail properties across Arizona, Colorado, California, and Utah. The industrial platform, launched in 2021, focuses on shallow-bay industrial products in infill locations with low vacancy rates and high barriers to entry. Multifamily development operations target luxury apartment communities in high-growth submarkets across the Mountain West region, with projects typically ranging from 200 to 300+ units featuring garden-style and mid-rise configurations.
Evergreen operates with an entrepreneurial ownership model that allows employees to invest in the company's multifamily projects, a policy that contributed to its recognition on Forbes' Small Giants list in 2019. The firm maintains a lean structure with approximately 62 employees and provides development, asset management, property management, and leasing services.
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