On Feb. 26, AZRE hosted the 9th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2013 and the construction teams involved. AZRE held an open call for nominations and more than 100 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. Click here to view all 2014 RED Awards Winners.
Developer: Triyar Companies
Contractor: LGE Design Build
Architect: AV3 design studio (Design Architect); Cawley Architects
Size: 26,200 SF
Location: 7301 E. Indian Plaza, 7333 E. Indian Plaza, 4420 N. Saddlebag Trail, Scottsdale
Completed: May 2013
Now the heart of Old Town, the Scottsdale Entertainment District started out as several older structures spread out over 57,000 SF of land. In 2012, Triyar Companies and LGE Design Build united with the goal of redeveloping the block into a multi-user bar and restaurant district that would service residents and tourists. The space now consists of five noteworthy tenants, including The Derby, Dierks Bentley’s Whiskey Row, Hi-Fi Kitchen & Cocktails and Maya Day and Nightclub. Energy efficient components include 1-inch dual plane insulated glass, LED lighting and R-8 value roofing. Not only did the redevelopment finish on time and 100 percent leased by completition, it completely changed its surrounding area and dramatically increased the rent price of surrounding office space.