Showing posts with label downtown chandler. Show all posts
Showing posts with label downtown chandler. Show all posts

Tuesday, June 12, 2018

What's coming to Chandler? 650K SF Lotus Project coming to Chandler!


650K SF Lotus Project coming to Chandler

Conor Commercial Real Estate, together with partner, WHI Real Estate Partners L.P., announced the Lotus Project as its newest development. The highly visible development is located directly off the Loop 202 freeway and Kyrene Road in Chandler, Arizona. 
The mixed-use employment park will consist of over 650,000 SF of Class A industrial and office space built in two phases. 

“We look forward to seeing this site develop into one of the premier employment bases in Chandler,” Mayor Jay Tibshraeny said. “It’s a fantastic location that will attract a lot of positive interest from businesses looking for freeway access and a top-tier workforce.”
The firm will develop Phase I on a speculative basis, which includes four industrial buildings totaling 470,000 SF. Phase II will consist of either two office buildings totaling 200,000 SF or three industrial buildings totaling 216,000 SF. Phase I of construction will begin in September 2018 with completion slated for September 2019.
“The highly-desirable infill location within the Southeast Valley submarket, coupled with the low vacancy and influx of businesses expanding or relocating to the Chandler area makes this an exciting development,” remarked Sven Tustin, Senior Vice President of Conor Commercial Real Estate. “We are thrilled to work with WHI Real Estate Partners on another project undertaking and are confident that the Lotus Project will be well received.”
The site is situated in the desirable City of Chandler in the Southeast Valley region of Metropolitan Phoenix, only 15 minutes from Sky Harbor International Airport and 20 minutes from Downtown Phoenix. 
“We’re excited to secure a sizable land position in the City of Chandler,” said Derek Buescher, Development Manager of Conor Commercial Real Estate. “Chandler has been great to work with and offers the lifestyle amenities and educated workforce today’s users require.” 
McShane Construction Company is serving as the general contractor.
Original article courtesy of azbigmedia.com
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Coming Soon to Chandler! New Banner Health Hospital

Banner Health to build new hospital in Chandler

Banner Health will soon begin construction on a new, comprehensive medical center in the Southeast Valley. While Banner Health is a leading health care provider in the broader Southeast Valley, this will be the first Chandler hospital for the non-profit health care system.
The four-story, 240,000-square-foot hospital will be located on the southeast corner of Alma School Road and Loop 202 Santan Freeway. It will be adjacent to the existing Banner Health Center in Chandler, and will help fulfill the health care needs of area residents, including those who reside in Ahwatukee, Chandler and Gilbert.
The Southeast Valley is one of the fastest growing segments in Maricopa County, with Chandler and Gilbert representing a significant portion of the growth. The growth rate in these communities is out-pacing that of the rest of the Phoenix metropolitan area and will require additional health care services. In addition to the rapid growth of the overall population, Banner also has more than 80,000 members in its Banner Health Network insurance organization that reside in the Southeast Valley. They participate in value-based health plans that require convenient and affordable care.
“We want to provide convenient care that is close to home for our patients and their families,” said Becky Kuhn, Banner’s chief operating officer. “Chandler and the surrounding Southeast Valley is growing fast and we want to make sure our patients and health plan members have care when and where they need it.” 
The hospital, which has not yet been named, is expected to open in the fall of 2020 and represents an investment of more than $150 million. It will open with approximately 120 beds, and offer imaging, surgery, labor and delivery, intensive care and an emergency room. The hospital will have room for expansion as the community needs require more services.
Article courtesy of azbigmedia.com
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Sunday, June 10, 2018

Downtown Chandler Update! Developer Unveils Plan for New Square

We love all of the development going on in Downtown Chandler!  We're so excited to be getting new restaurants and new places to hang out.  If you've visited the ever popular Chop Shop or Peixoto Coffee, you've probably wondered if anything was ever going in where the dirt parking lot is behind them.  Well, it's finally been released!  Here is the info on the New Square going in where that dirt parking lot is!


Downtown Chandler Update! Developer Unveils Plan for New Square
The old dirt square in front of the Chandler City Hall will soon be New Square.
Developer Spike Lawrence shared his company’s plans for the gravel parking lot behind Saba’s and Bourbon Jack’s at a community meeting Tuesday night.

The project, named New Square, will comprise four different buildings, plus a small park and community stage.
“I’m fired up,” said Lawrence, a Chandler resident whose projects have included the building of Downtown Ocotillo, the Falls at Ocotillo and the Ocotillo Holiday Inn. “We’re excited to be a part of Downtown Chandler.”
Phase One of the project, which will get under way in August, will be a 50,000-square-foot, three-story office building at the northwest corner of Arizona Avenue and Chicago Street and a one-story building along Arizona Avenue, across the existing alley from Peixote Coffee.
The office building will feature a first floor with a mix of restaurants, retail space or service uses. The second and third floors will each comprise about 16,200 square feet of Class A office space. The anticipated rate is in the $30 per square foot range.
Lawrence is excited about the design.
“We’ll have a copper element around the building that will be stunning,” he said. “Then, with the windows, we will have a curtain ‘wall of glass.’”
The stand-alone building to the north will comprise 8,500 square feet and is suitable for one large restaurant, two smaller restaurants, or a mix of a restaurant and retail, he said.
Lawrence also announced that a Hilton Garden Inn is lined up for a four-story, 112-room hotel to be built on the northwest corner of the site, just to the south of the Las Palmas Cantina (in the former Vintage 95 space).
Its construction will get started soon after Phase One begins. The first phase of the project is expected to be completed by the end of 2019.
“We think this will be a great spot for the business traveler,” Lawrence said, “and a great complement to the historic Crowne Plaza San Marcos Resort.”

Phase Two of New Square – at the southwest corner of the site, along Chicago Street – will be a five- to eight-story office building with between 75,000 and 108,000 square feet. The size and construction date will be determined according to demand.
The project’s design was completed by architect Mike Perry of Whitney Bell Perry.
It features north-south and east-west pedestrian corridors to connect the project to the rest of Downtown Chandler.
“The north-south connection will run from the breezeway next to Saba’s all the way to the Local and the Perch,” Perry said. “The east-west connection will go from the City Hall to the new parking garage.”
The developer has also included an event lawn across from the city hall and a small community stage in the center of New Square.
“We’ll call that ‘Sam’s Park,’” Lawrence joked.
Councilmember Sam Huang, who was at the meeting, had proposed last year making the entire Site 6 an urban park.
“This is second best,” Huang said with a grin. “I’m happy that they included the green space and stage.”
The loss of parking is a concern but Downtown Chandler Redevelopment Manager Kim Moyers shared that the city is proceeding with its plan to build a parking garage on the west side of Oregon Street, south of Boston Street.
“We’re going to do it all at once, with 930 spaces,” Moyers said. “We expect to break ground in October or November and have it done by October or November 2019.”
Lawrence’s project manager for New Square is John Sowards. The construction manager is Ron Barrett.
Lawrence, who also co-owns Ocotillo Golf Club with Phil Mickelson, is a native of Tempe and Arizona State alumnus.
“This is a good next step for Downtown Chandler,” he said. “We thank the city for entrusting us to do this.”
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*Article courtesy of John Wolfe 
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3 Months, 3 Housing Trends: Rates Rise, Prices Slow, Millennials Buy

First-time home buyers might have a couple of things to cheer about in the final three months of 2018, even as mortgage rates are expected ...