Following Phase 1 of University Towne Center, another wave of development is coming to Rexburg, Idaho. Phase 2 of this highly anticipated commercial project will break ground in Q3 2026 , continuing the expansion of Rexburg’s premier retail and business destination. Located along Yellowstone Highway and University Boulevard , this new phase will bring more opportunities for dining, retail and service-oriented businesses to join one of the city’s most visible and high-traffic