Tag Archives: Davis Enterprises

Circle West - Barrister Building - West Elevation 08 25 14

PB Bell, Davis Enterprises to redevelop ‘Psycho’ building

P.B. Bell Companies, a leader in multi-family housing and commercial real estate development and management, and Davis Enterprises, an investment and development company serving Arizona’s retail and office sectors for six decades, have been selected by the City of Phoenix to redevelop the historic Barrister Place building in downtown Phoenix.

City officials chose the P.B. Bell Companies/Davis Enterprises collaboration from among seven bidders seeking to redevelop Barrister Place and two adjacent parcels on the southeast corner of Central Avenue and Jefferson Street. The collaborators’ plans call for an adaptive-reuse renovation effort that centers on creating and operating a boutique mixed-use community on the site. Special emphasis will be placed on preserving the building’s historic façade while modernizing the interior to carry it, and the accompanying development, into the future.

“The Barrister building is an iconic piece of downtown Phoenix history and we are honored to be involved in helping write its next chapter,” said Mike Trueman, vice president of development for P.B. Bell Companies.

Originally opened in 1915 as the Jefferson Hotel, the six-story, concrete-and-brick Barrister Place once was hailed as the state’s tallest building. The City of Phoenix acquired the building in 1990 and used it to house offices and the Phoenix Police Museum before moving those operations and closing the building in 2010. But, perhaps the building’s most famous role was a cameo shot in the opening scene of Alfred Hitchcock’s 1960 classic horror film, “Psycho.”

Trueman said like the Barrister building, P.B. Bell and Davis Enterprises have deep roots in the Phoenix community, making the team an ideal match for the redevelopment project. The collaboration aligns two long-time, family-owned investment and development companies. Logan Van Sittert, a notable architect, is also a partner and principal on the project with Davis Enterprises.

P.B. Bell Companies was founded by Phil Bell in 1976 with a goal of becoming a leader in the multi-family acquisitions, development and property management industry. Davis Enterprises has been investing in and developing retail and office space in Arizona since 1948. The company, which focuses primarily on high-density infill redevelopment and multi-tenant space, is now managed by the third generation.

“We are two legacy companies working together on a legacy project,” said Mark Davis, partner, Davis Enterprises.  Circle West Architects of Phoenix rounds out the development and design team.

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Meet the leaders in Valley Partnership

Much of the Valley’s growth would not be possible without the partnerships and advocacy supported by nonprofit Valley Partnership.

Chris-AnaradianChris Anaradian
Development Services Director, Town of Queen Creek
It’s Queen Creek’s time in the sun, boasts the town’s Development Services Director Chris Anaradian. Permit activity is “out of sight” and he cites his Valley Partnership involvement as a key ingredient while the town grows into its own.

“The situational awareness that Queen Creek gains from Valley Partnership is essential,” says Anaradian, who sits on Valley Partnership’s Board of Directors. “Knowing the current areas of focus and growth that our private partners are focused on helps us plan and build a better government and community for all. Having a voice when new legislation and alliances are being formed helps us better prepare to fund and administer the services our customers have come to expect and deserve.”

Anaradian is the former community development director and development services manager for the City of Tempe. He managed the 220-acre Tempe Town Lake and 500-acre Rio Salado Project during their initial five years. He also helped modernize multiple permitting and regulatory agencies and advocated for many developer-friendly shifts within the city, including those that precluded the Tempe light rail. Anaradian now has watched Queen Creek come through the economic recovery.

“It is now Queen Creek’s time in the sun, and so many opportunities lie ahead,” says Anaradian. “Our wash and trail system is poised to unite huge swaths of our community and become a defining geographic feature of life in Queen Creek. Large tracts of undeveloped hillside residential property are into entitlement, some of the last and most majestic in the Southeast Valley.”

Tim-BrislinTim Brislin
Vice President, Harvard Investments
Tim Brislin, an on-and-off member of Valley Partnership since 2004 who currently sits on the Board of Directors, has used organization’s networking opportunities to broaden Harvard Investment’s exposure and partnership options.

Harvard Investments is a land investment and masterplanned community development firm.
“Harvard is laser focused on executing its vision and plans for its masterplanned communities in Mesa, Queen Creek/San Tan Valley, the West Valley and in Prescott,” Brislin says. “Our Mesa project, Cadence at Gateway, is very exciting and we are making great progress on our first residential phase, as well as getting traction on our retail and high density residential components much earlier than anticipated.”

In 2007, Brislin welcomed his first son and ended his “five-year job interview” with Harvard Investments.

“In both cases I was at the starting line staring at a wide open track. Today, in addition to my wonderful wife and two boys, and thanks to Harvard’s long standing market reputation, the faith of our partners and hard work, we built a high quality portfolio of assets that we will harvest for years to come.”

What many don’t know about Harvard is that its Canadian parent company, The Hill Companies, is a major commercial developer of office and retail, Brislin says. The company has expansion plans to include industrial, office and multi-family assets.

“Our current planning efforts are highly focused on demographic trends locally and nationally and how we plan our communities for the long-term based on who are buyers are, what products they want and what type of community they will embrace,” Brislin says. “There are shifts going on that affect all aspects of the real estate development business.”

Kristina-LockeKristina Locke
Marketing/Business Development Manager, Hoskin Ryan Consultants, Inc.
Looking for the latest news on the golf tournament? Kristina Locke sits on the committee for two-year member Hoskin Ryan Consultants, Inc. Locke comes to Valley Partnership with more than a decade of marketing, advertising and business development achievements for Hoskin Ryan and its clients.

Hoskin Ryan finished off 2013 with four new clients. Locke is confident being a member of Valley Partnership will lead to meeting more potential clients.

“It does take a little while for people to get to know you and trust your firm,” she says. “We have formed great relationships and were educated on many different industry trends.”

One particular trend is healthcare. In 2013, Valley Partnership held a healthcare Friday Morning Breakfast attended by 250 members with speakers from Banner Health, Dignity and smaller medical office building develpers.

Jenifer-Davis-LuntJenifer Davis Lunt
Partner, Davis Enterprises
Davis Enterprises joined Valley Partnership last January — a big step for the closely held family business. Though Davis is one of the smaller development companies in the Valley and has a long history in the Valley, it has been a two-year sponsor of the organization. Davis Enterprises is actively involved in the identification, acquisition, development and management of real estate properties in Arizona.

Jenifer Davis Lunt became managing partner following an award-addled tenure at CBRE, where she became the first female at the Phoenix office named “Rookie of the Year,” for selling more than 100 properties totally more than $675M in value and 2.5MSF. In 2005, Davis Lunt was named CBRE’s No. 1 Investment Broker. The following year, her father retired from Davis Enterprises and named her partner and principal of a business her grandfather started.

“We are most proud of contributions Davis has made to the revitalization of Central Phoenix including the SWC of 7th Ave & McDowell, 4700 N. Central and Melrose Marketplace,” Davis Lunt says. The company is looking forward to the redevelopment of 21st Avenue and Deer Valley Road and 1015 S. Rural Rd., near ASU’s main campus.

Along those lines, Davis Lunt says a trend or issue she would like to see addressed by Valley Partnership is how the City of Phoenix can become more pedestrian, rail and bike dependent to allow for more retail and housing development in the urban core.

Rusty-MitchellRetired Lt. Col. Rusty Mitchell
Director of Luke Air Force Base Community Initiatives Team
Rusty Mitchell, director of Luke Air Force Base Community Initiatives Team, has been an ex-officio board member at Valley Partnership since 2005 and is the primary liason between the Air Force base, nine municipalities, Maricpa County and state officials.

“(Valley Partnership) has enabled me to network with major developers and discuss development issues in areas that we conduct flight operations,” he says. “This communication enables developers and landowners to be better informed of state statutes for compatible land use before they obligate time and money to a particular project.”

The partnership has been mutually beneficial. Before retiring, Mitchell served 22 years in the Air Force as a fighter pilot. It is through his community involvement and history with the Air Force that Mitchell has managed to bring enduring economic development to the base and Arizona.
“The over-whelming community support of the mission of Luke AFB has been recognized by the senior leadership of the Air Force and was a significant contributing factor in its selection as the largest F-35 training base and the recipient of an eventual 144 F-35’s,” he says.

The selection of Luke to be the primary pilot training center for the nation’s most advanced fighter will ensure the existence of Luke AFB for many decades to come, Mitchell says.
“Not only is Luke critical in the nation’s defense, producing the world’s greatest fighter pilots, but the fact that it contributes approximately $2B to the state’s economy every year will continue to infuse the state with much needed economic power.”

7th Ave Tower, Davis Enterprises

Davis Enterprises Announces Recent Lease Transactions

Davis Enterprises, an investment and development company that has served the Phoenix commercial and multi-family market for six decades, recently closed on three lease deals for several of its properties in the Valley.

Ritoch-Powell & Associates (RPA), a full-service engineering and surveying firm, signed a long-term lease to occupy approximately 9,000 SF at 5727 N. Seventh St. in Phoenix. The tenant is expected to open its doors by Oct. 25. Davis Enterprises negotiated directly with RPA on the deal.

McDonalds signed a long-term ground lease at Melrose Marketplace, Davis Enterprises’ development on the SWC of Indian School Road and Seventh Avenue. The restaurant expects to open by Christmas. Jon Cowan and Adam Madison of Cushman and Wakefield represented both sides in the deal. Cowan now works for SRS Real Estate Partners.

Family Dollar signed a long-term lease at Melrose Marketplace for approximately 9,000 SF and recently opened its doors. Bill Moore of Fieldstone represented Family Dollar in the lease negotiations.

Melrose Marketplace is an infill redevelopment at the SWC of 7th Avenue and Indian School with anchor and pad space available.

Construction Project News - AZRE Magazine November/December 2010

Construction: Project News, November/December 2010

Construction project news around the state in November/December 2010:

D.L. Withers General Contractor at McCormick Railroad Park

Construction of a 10,000 SF, $2.1M exhibit building at McCormick Stillman Railroad Park on the SEC of Indian Bend and Scottsdale roads is nearing completion. The new building is adjacent to the parking lot and within close proximity to historic depots and restored railroad cars. Building materials include exposed rock and steel structural elements. Also, a recycled decking material similar to wood has been added to create a platform for the building. The project is designed to meet City of Scottsdale green standards for LEED Gold certification. D.L. Withers Construction is the general contractor; Holly Street Studio is the architect.

Pinal Power to Build ‘Green’ Electricity Facility

Pinal Power plans to build a facility in the City of Maricopa that will generate 30 megawatts of electric power fueled by landscape and agricultural waste. To construct the facility, Pinal Power will make a $92M capital investment, creating up to 120 construction jobs from mid-2011 through 2012. The facility will be located along the Maricopa-Casa Grande Highway, to the west of the existing Pinal Energy Ethanol Plant. Western Bio-Energy is the developer of the project, which is fully capitalized with an estimated timeline that includes permitting and development planning through the end of 2010.

Sundt, DWL Complete Phoenix-Mesa Gateway Airport Expansion

Phase I of terminal expansion at Phoenix-Mesa Gateway Airport was completed in November, with Sundt Construction as general contractor and DWL the architect. The $8.9M, 30,000 SF project included expanding the airport’s passenger terminal by an additional two gates; adding commercial space (one gift shop and two cafes); relocating rental car counters and baggage claim; and expanding the post-security outdoor courtyard.

Hensel Phelps/ZGF Awarded Arizona Cancer Center Project

Design-build services were awarded to Hensel Phelps Construction Co. and ZGF Architects for the 249,000 SF Arizona Cancer Center on the University of Arizona’s Phoenix Biomedical Campus. The Arizona Cancer Center will house medical offices and cancer treatment facilities. Hensel Phelps also was awarded the Military Medical Emergency Simulation Training Suites tenant improvement at the Scottsdale Healthcare Osborn Medical Campus.

Weitz Co. Updates Wigwam Golf Resort & Spa

The Wigwam Golf Resort & Spa in Phoenix is undergoing a multimillion dollar facelift. JDM Partners, led by sports executive Jerry Colangelo, purchased the historic resort in December. The project is slated for completion by late 2010. Project highlights include a new entryway; a new main pool with separate adult and kids zones, two waterslides and play features; an outdoor plaza featuring dining and entertainment areas; an indoor/outdoor bar; and new event venues. Architect is Peterson Architecture and Associates; contractor is the Weitz Co. Jim Smith led the design team as a consultant.

$1.5M Construction Fix Up For Tucson Retail Center

Bear Canyon Shopping Center (above) in Tucson is undergoing a $1.5M exterior remodel project, the first renovation since it was built in 1983, at the NWC of Tanque Verde Rd. and Catalina Highway. The renovation includes a redesign of the property’s façade and interior improvements for a new Goodwill Super Store, which leased 14,765 SF within the center. General contractor is Division II Construction; architectural firms are SBBL and Architectural Design Group. Completion: 4Q 2010.

Spring Training Facility Opening in Three Months

Construction of the new spring training facility for the Arizona Diamondbacks and Colorado Rockies is rolling along, as more than 97,000 SF of sod was installed at the Salt River Fields at Talking Stick. Opening date of the 140-acre site is scheduled for Feb. 1, 2011. The facility is at the Loop 101 and Indian Bend Rd. HKS Sports & Entertainment Group is the designer and Mortenson Construction is the general contractor. Subcontractors include Parsons Electric, Tri-City Mechanical, Trainor Glass, T-Pac, Valley Crest Landscaping and Space Con.

Homeland Security Building in Sells Remodeled, Expanded to 16,701 SF

Davis Enterprises and Indianola Partners have been awarded the General Services Administration lease for the Department of Homeland Security building in Sells. The existing 5,301 SF building is being remodeled and expanded to 16,701 SF for the U.S. Immigration and Customs Enforcement. Davis Enterprises negotiated a long-term ground lease with the Tohono O’odham Nation to develop the office building. The project will be completed in early 2011.

McShane Completing SCF Arizona TI Project

McShane Construction Co. is completing an 18,000 SF office and lobby improvement (above) of SCF Arizona’s existing office space and building common areas. The project, at 3030 N. 3rd St., Phoenix, includes updates to the first-floor office suite. The new Class A tenant space will include five private offices, two conference rooms, open work stations, four storage rooms, a kitchen/break room area, a mail distribution area, one mother’s room, one resting room, and a dedicated lobby/reception space with curved walls and floating panels. McShane is also renovating the building’s 4-story atrium lobby. Work is expected to be complete by 4Q 2010. MRT Design provided architectural services.

CONSTRUCTION P & Z

City of Phoenix

The City of Phoenix Development Services Department began money-saving incentives to promote “green” construction in residential and commercial buildings on Oct. 1. The Green Building Incentives Program, funded by a grant from the U.S. Department of Energy, offers reduced permit fees applicable to small- and large-scale improvement projects for the installation of energy efficient equipment, including Energy Star water heaters, solar panels, insulation, rainwater harvesting, HVAC, and more. A portion of the grant will fund the creation of a voluntary Green Building Code to be completed late 2011. For more information, visit phoenix.gov/devserv or call (602) 262-7811.

Maricopa County

Maricopa County has been in the public process of updating some of the 2009 building codes and fee schedule. These updates took effect Oct. 1. For more information, contact Tom Ewers, Head Building Official at (602) 506-7145.

AZRE Magazine November/December 2010