Mixed-Use Archives

Construction starts on Tempe mixed-use project at University Drive and Forest Avenue

the-opus-group_rendering_tempe-mixed-use-project-2
by in AZRE Magazine | Construction | Mixed-Use

The Opus Group started construction on a 407-unit residential and retail mixed-use development in Tempe. The project covers nearly an entire city block on the northwest corner of University Drive and Forest Avenue and will transform a surface parking lot into high-rise apartments and retail. The project is owned by a joint venture partnership between Opus… Read More →

Scottsdale Fashion Square announces big renovation plans

Scottsdale Fashion Square will add to its luxury reputation with a striking new entrance and arrival point. (Provided rendering by Scottsdale Fashion Square)

Enhancements to Luxury Offerings Will Be First Phase; Louis Vuitton Announces Major Store Renovation in 2017   Macerich, one of the nation’s leading owners, operators and developers of one-of-a-kind retail properties in top markets, today announced a phased project to further enhance the iconic Scottsdale Fashion Square. Plans include a renovation of the luxury wing followed… Read More →

LGE, Revelation Real Estate team up on $5M project

The $5 million mixed-use project planned for Revelation Real Estate broke ground today at 2301 South Stearman Drive, Chandler, AZ 85286.
by in AZRE Magazine | Construction | Mixed-Use | Office

LGE Design Build broke ground today on a massive $5 million mixed-use project for Revelation Real Estate in Chandler. Revelation Real Estate sets the gold standard when it comes to offering top-notch residential properties and employing the Valley’s most award-winning professionals, and LGE Design Build, too, sets the bar when it comes to designing and… Read More →

Adaptive reuse project revitalizes Roosevelt Row Arts District

The Blocks at Roosevelt Row (Photo courtesy of Desert Viking)

A NEW DOWNTOWN PROJECT MERGES CHEF-DRIVEN DINING, ARTISAN RETAILERS AND WORKING ARTIST STUDIOS AND GALLERIES TOGETHER IN ONE COLLECTIVE SPACE ~The Blocks of Roosevelt Row Indulges Guests with a Place to Connect, Create and Collaborate~ Desert Viking Development is thrilled to announce a new project underway revitalizing a portion of the Downtown Phoenix’s beloved Roosevelt… Read More →

Camelback Corridor redevelopment property sells for $17M

Camelback Collective rendering (Courtesy of CBRE)

Obsolete Office Project Slated for Redevelopment into High-end Mixed-use Project  A prominent ±3.62 acre infill, redevelopment site located in the prestigious Camelback Corridor area of Phoenix has sold for $17.475 million, or $111 per sq. ft. of land. The property, located at 2801 and 2845 E. Camelback Road, was acquired by a joint venture of… Read More →

Seven-story mixed-use development on Apache approved to move forward

Valley Metro Light Rail
by in AZRE Magazine | Mixed-Use

Plans to advance Eastline Village, a seven-story mixed-use development, were approved Thursday evening at Tempe’s City Council Meeting. The DMB Associates Inc. development is located at 2025 E. Apache Blvd. along the light rail and will be a multi-phase project. Council members unanimously voted to adopt an ordinance for a Zoning Map Amendment from a Commercial Shopping… Read More →

Restaurants, retail open up at new Uptown Phoenix re-use project

Uptown Phoenix
by in AZRE Magazine | Mixed-Use

Western Vertical Holdings, a company formed by Bob Agahi and David Sellers, completed construction of The Colony, an adaptive re-use project located on 7th Street just north of Missouri Avenue in Phoenix. Tenants include Stock & Stable, an American gastropub with an Italian influence; Honor Amongst Thieves, a craft cocktail lounge; Pure Sushi, a sushi restaurant; Herb… Read More →

Gilbert’s Heritage Marketplace Phase 2 completed

LGE Design Build
by in AZRE Magazine | Mixed-Use

LGE Design Build has completed phase 2 construction of Heritage Marketplace in downtown Gilbert with trendy new restaurant and retail businesses such as Sushi Brokers and Tuft and Needle. Nico, a new restaurant by chef Gio Osso of Virtu Honest Craft in Scottsdale, has also opened in the completed Phase 1 building. Phase 2 tenants… Read More →

Bell Road mixed-use project announces retail tenants

Bell Road
by in AZRE Magazine | Construction | Mixed-Use

Evergreen Development is ramping up construction at its 31-acre Trellis on Bell community at 12th Street and Bell Road in north Phoenix. The Phoenix-based developer is beginning construction on the community’s residential apartments, while new restaurant and retail tenants Café Rio, Blaze Pizza and Arizona Hair Company have signed leases to help anchor the 12,171-square-foot shops… Read More →

Construction on tribal lands: Ready, set, build

OdySea-WEB-2

There are 22 federally recognized Native American tribes, communities and nations within Arizona’s borders, encompassing thousands of acres of protected or preserved land across the state. While some areas may never be available for development because of cultural ties to the tribes, a lot of opportunity for future projects exist. Knowing how to develop on… Read More →

Dallas-based multifamily developer expands into Phoenix

Downtown Phoenix
by in AZRE Magazine | Mixed-Use | Multi-Family

StreetLights Residential, a design-driven developer of multifamily and mixed-use communities, announced its expansion to the Arizona market with the opening of a Phoenix office. Greg Nadeau, StreetLights’ director of development, who is responsible for multi-family developments and acquisition activity in Phoenix and the surrounding region, leads the office. StreetLights is based in Dallas with offices… Read More →

CRE industry helps West Valley rise

Loop 303 I-10 Interchange

Communities where folks live, work and play has been the foundation from which the West Valley has grown, but many West Valley residents have been left out of the fun as they spend a large amount of time commuting to the East Valley for work. WESTMARC and its new CEO Sintra Hoffman hope to change… Read More →

Scottsdale Airpark value continues to increase

Scottsdale Airpark II, WEB
by in AZRE Magazine | Mixed-Use

Land and building sales volume at the Scottsdale Airpark increased from 2014 to 2015 while vacancy rates continued to decline, according to a Colliers International Greater Scottsdale Airpark 2030 report. Land sales volume saw a sharp rise at the business park in 2015, with 88.85 acres sold for a total of $94.8 million compared to 37.57 acres for… Read More →

EDU3 Ventures buys land near Tempe Town Lake

Downtown
by in AZRE Magazine | Brokerage | Mixed-Use

Colliers International in Greater Phoenix negotiated the $1.4 million purchase of 1.5 acres at 942 and 946 W. First St. in Tempe, near Arizona State University and Tempe Town Lake. The site, which consists of two parcels and a 10,200-square-foot warehouse building, is planned for a mixed-use, live/work redevelopment. Mike Milic, vice president with Colliers, represented the buyer,… Read More →