Tag Archives: eastmark

Marina Heights is a development partnership between Ryan Companies and Sunbelt Holdings. Fellow Valley Partnership member Cushman & Wakefield was awarded the leasing assignment.

A valley of partners

Partner-to-partner transactions building up the valley
one project at a time

When Valley Partnership was founded 27 years ago, it was on the principles of responsible development. It has since grown to thousands of members throughout the commercial real estate community — from subcontractors to some of the largest developers in Arizona.

Eastmark includes a partnership between DMB Associates and Marham COntracting Co.

Eastmark includes a partnership between DMB Associates and Markham Contracting Co.

“In 2014 and beyond, Valley Partnership developer companies are the leaders of almost every major commercial real estate project announced, including Marina Heights, the numerous announcements of deals at Eastmark, and Liberty Center at Rio Salado,” says Valley Partnership President and CEO Richard Hubbard.

The members have rallied behind the idea of partnership, Hubbard says.

“These developers use Valley Partnership partners for all construction disciplines related to the project including planning, design, architecture, general contracting, engineering and even law and accounting,” Hubbard says. “Many of those ‘partner-to-partner’ transactions have come from long-standing relationships created through Valley Partnership. I would say that every level of partner in Valley Partnership, from board member to sole proprietor, is participating in the current commercial real estate building activity in the Valley.”

Some companies, such as Evergreen Devco, take the partner-to-partner very seriously.

Valley Partnership Chair of the Board Doug Leventhal is the principal and COO of Evergreen Devco. Though Evergreen has focused much of its recent work in Denver, the company finds exclusive value in partnership with fellow VP members for Arizona projects.

“I can say that for all our Arizona work, we tend to work exclusively with the companies that see the value in Valley Partnership and either are active members or active sponsors,” Leventhal says. “Our general contractors, for example, need to be members or sponsors almost as a prerequisite to getting our business. Our architects, engineers, attorneys and title companies need to be members of Valley Partnership — or have a good reason why they are not! It’s important to Evergreen that we collectively support Valley Partnership since we all benefit from its mission to promote responsible development in the Valley. We are all connected in this unique way.”

Liberty Center at Rio Salado is a partnership between Liberty Property Trust and Markham Contracting Co.

Liberty Center at Rio Salado is a partnership between Liberty Property Trust and Markham Contracting Co.

That unique connection, as DMB Associates President Charley Freericks sees it involves Valley Partnership’s advocacy role for developers as well as a genuine passion for making Arizona a great place to live.

“Valley Partnership understands that real estate isn’t the only driver of the economy,” says Freericks. “We are the beneficiaries of a strong and growing economy and it’s in our interest to make this a great place to live.”

Freericks, who has been a member for 10 years, served on the board of directors, was chairman in 2009, and has sat on multiple committees.

Most of DMB Associates’ partners at the developers’ 6,000-acre masterplanned community of Eastmark – and around the Valley – are Valley Partnership members, Freericks says.

“Over the years, we have worked with so many contractors, consultants and service providers who are members it would be hard to name them all,” he says. “In fact it might be difficult to find any that aren’t members.”

Valley Partnership has multiple avenues for paving those partnerships. There are 10 committees, including one for an annual golf tournament and a community building project. One of the most popular and frequent member events, is the Friday Morning Breakfasts — a monthly morning panel discussion about an industry trend featuring local experts.

Freericks reflected on a breakfast about the impact and trade partnership Arizona has with Canada as a particularly helpful one for his masterplanned communities of Eastmark and Victory at Verrado, which target Canadian homebuyers.

“Valley Partnership attracts important speakers and hosts debates of candidates for state and local offices which helps me make better informed decisions,” he says. “The Valley Partnership advocacy team was a huge help to the Fighter Country Partnership efforts to bring the F-35 mission to Luke. This will impact our economy for generations to come. Valley Partnership’s role as the champion for moderate regulation has impacted all of our properties over the years and will continue to do so.”

Heather Markham, vice president of Markham Contracting Co., says her company has been a member of Valley Partnership since 1992 and is also a Stewardship Sponsor. Markham has attended breakfasts for the last five years and is one of the students in Valley Partnership’s inaugural Young Advocates Program. As a co-chair of the Community Project Committee, Markham says she also appreciate’s Valley Partnership’s commitment to networking and giving back to the community.

“I believe this involvement in the community is critical personally as well as professionally for everyone,” she says.

Markham has been self performing grading, paving and wet utilities civil infrastructure in the Southwest since 1977. Though Valley Partnership has only been around since 1987, Markham says the company has worked with many current Valley Partnership companies for nearly four decades. Partners include DMB Associates (Verrado and Eastmark), Macerich (Sonoran Crossing), Sunbelt Holdings (Vistancia), APS, Grayhawk Development, Lennar, Vintage Partners, MT Builders, HilgartWilson, Pulte, Atwell, Dibble Engineering, Wood Patel & Associates, Hoskin & Ryan, Siteworks, Speedie & Associates, Trench Shore Rentals, Alliance Bank of Arizona and Cemex.

“Valley Partnership plays a very strong role in responsible development of the commercial real estate community and provides an excellent venue for all the stakeholders in the process to come together and discuss issues and concerns as well as success stories,” she says. “This promotes strong partnerships between cities, counties, towns, state, land owners, developers, contractors, architects, engineers and every trade partner involved in making Arizona a great place to live and work.”

Rob Martensen Transaction

Colliers completes $5.8M sale of flex industrial buildings

Colliers International in Greater Phoenix recently completed the sale of three showroom/flex industrial buildings in Mesa, Ariz. for $5.8 million, or $61.03 a square foot.

Rob Martensen, Colliers International

Rob Martensen, Colliers International

Tucson-based Holualoa Companies purchased the buildings, located at the Superstition Springs Commerce Center, from AEW Capital Management of Boston, Mass.

Rob Martensen, SIOR, CCIM, vice president of Colliers, served as the broker for the buyer and seller. Martensen is a member of the Society of Industrial and Office Realtors (SIOR) and is a Certified Commercial Investment Member (CCIM) of the Commercial Real Estate Institute. Martensen specializes in industrial sales, leasing and land development.

The buildings, encompassing 95,035 square feet, were constructed in 2001.

“Holualoa hopes to capitalize on the recovering industrial market, specifically in the residential housing construction arena. There are few spaces available in close proximity to the new Eastmark community. Superstition Springs Commerce Center can accommodate contractors and suppliers of home-related products to supply this growing area,” Martensen said.

GCU Campus, Eastmark

Boiling Point: The Southeast Valley Heats Up 2013

Arizona’s development is expected to have a hot few years ahead of it, but no place is more on fire right now than the East Valley. General Motors announced its move to Chandler last March, with the promise of 1,000 tech-related jobs. GoDaddy broke ground in May on a Global Technology Center in Tempe. On July 30 and 31, more than $1B in economic development projects, with the Marina Heights and USA Place headquarters, were announced along Tempe Town Lake, and Grand Canyon University announced a second campus to be built in the master planned community Eastmark in Mesa, bringing thousands of jobs to the Valley. Before the end of the year, the state squeezed in another deal — Apple bought a former First Solar factory in Mesa, which will bring with it 2,000 jobs.

TEMPE
“Capital investment and the number of jobs increased substantially over (2012),” Tempe reports in its mid-year 2013 economic development budget plan for 2014, “and economic developers participated in locating companies to Tempe resulting in 12,503 jobs, with 3MSF of Class-A office space being developed and/or absorbed with a capital investment exceeding $704M.”
The city also announced two developments totaling $950M in summer. Marina Heights, a 20-acre, $600M development is the largest office development in the state and is anchored by 6- to 16-story buildings. The home of the new State Farm regional headquarters is expected to attract thousands employees. Within 24 hours, the city also announced the $350M development of USA Place headquarters, which will include a 330-room luxury hotel, a 30,000SF conference center, apartments, office and retail space as well as five full basketball courts and a 4,500-seat event center. It’s estimated this attraction will annually bring 300,000 people to Tempe.

MESA
When the recession hit Mesa, the city made cutbacks that included giving up $100,000 in capital and decreasing the economic development staff by 40 percent. The city filled a budget gap and continued to invest in the infrastructure for key projects and took advantage of lower cost construction; the Cubs spring training facility, known as Cubs Park, was contemplated at the bottom of the recession in 2009, and development of State Highway 24 has been expedited with the knowledge that the state will reimburse Mesa.
“We have a strong bond capacity because we made those cuts early on,” explains Mesa’s Director of Economic Development Bill Jabjiniak. “As we’ve come out of this, we’ve been able to handle projects people are a little surprised about.”
The city self-funded the aforementioned $84M stadium and spring training complex plus the $15M infrastructure and park leading to the stadium. The park will have a $137M impact on Arizona. Another big player is the Phoenix-Mesa Gateway Airport, which generates $1.3B in economic benefits and 10,470 jobs in or around the airport, according to a report by ASU’s W. P. Carey School of Business.
The city is now home to five “legacy” institutions, which consist of satellite campuses for established liberal arts schools, and Grand Canyon University announced its intent to build a 160-acre, second campus at the master planned community, Eastmark expected to open in 2015 with a seven-year build-out.

CHANDLER
When Motorola left a 152-acre hole in Chandler’s Price Road Corridor, the city had to decide between a “quick fix” or staying true to the space’s identity as an innovation hub equipped for technology.
“We were at a crossroads 10 years ago,” Mayor Jay Tibshraeny says. They had the option to convert the space to residential, but the mayor adds, “Our vision is not to do what’s easy but to maintain it as a job-creator and an employment center.”
That site is now Continuum — a 152-acre campus primed for business and tech with a capacity for thousands of employees.
Chandler has added 4,800 jobs since the recession. It has the largest data center in Arizona, and in August 2012, Intel invested more than $300M to build an R&D facility near its existing Chandler campus, which now employs 10,000 people. Wells Fargo broke ground in December on a 410,000 SF expansion at its downtown campus. This would nearly double the existing structure, providing an estimated 2,500 new jobs to the area. General Motors will add another 1,000 jobs to the city this year.

GILBERT
The Town of Gilbert is one of the fastest growing metros in the Valley. It has seen a consistent increase in commercial permits since 2010 and 3MSF of development since it came online the Loop 202 five years ago. The town also added 10,000 jobs in that time and $1.1B in capital among 200 companies. Gilbert has also seen significant development off U.S. Route 60, with Banner MD Anderson Cancer Center’s expansion. Gilbert also will welcome its first four-year and graduate institution in Chicago-based St. Xavier University.

Pathfinder Elementary, Eastmark, DMB

Sequoia Pathfinder Academy at Eastmark to Open in August

Edkey Inc., the parent company of 16 Sequoia Charter Schools, has completed construction plans for the new $6.5 million kindergarten through 6th grade Sequoia Pathfinder Academy at Eastmark, located on Eastmark Parkway, north of Ray Road in Mesa. The new tuition-free elementary school, which will serve 400 students, is scheduled to open in August for the 2014-15 school year.

According to Edkey CEO, Doug Pike, the Pathfinder campus at Eastmark is designed to optimize learning experiences in all spaces. Similar to a “children’s museum,” changeable interactive learning resources and demonstrations will be built into the common areas and learning boulevards (hallways) throughout the school.  All 18 classrooms will have additional learning space to allow for small group activities and exploration of skills and concepts. The National School Lunch Program will be offered in the new cafeteria.

An outdoor interactive learning playground will help students make connections to learning and understand the relevance of curriculum on a day-to-day basis.  A library will be contained in the student commons area.  A computer lab will be accessible for all classes.  Technology also will be available in the student common area and in the classrooms.  A multi-purpose room for P.E., lunch, performances, school-wide events and activities open to the community will be a focal point of the campus.

“From the moment a child walks through Sequoia Pathfinder Academy’s doors, the campus will nurture the natural curiousness and creativity that every child is born with.  By designing a fun, creative learning environment, students will be more motivated to learn in the classroom,” said Superintendent Curt Cardine.

According to Assistant Superintendent, Tamara Becker, academically, the new state-of-the-art campus will feature a proven approach to teaching and learning that integrates the content and skills of STEM (science, technology, engineering, and mathematics).  Programs will emphasize learning behaviors that include engagement in inquiry, logical reasoning, collaboration, and investigation. In addition, free all-day kindergarten, music and art classes, and after-school programs will be offered.

A rendering of the ORange Monster, which will be added to Eastmark's 106-acre regional park in 2014.

Park Life: The Seen and Unseen Advances of Public Parks

Large curving pipes rising and falling in large sweeps across a field sounds more like a piece of abstract art parents would get red-faced about having to ask their kids to stop climbing up than it does a main play structure at a public park. However, that’s exactly what developer DMB Associates wants you to think.

The future of public parks lies in the appropriately dubbed orange monster — a cluster of giant, parallel pipes curving up and back into the grounds of Eastmark’s 106-acre park in Mesa.

The point is to attract adults to the park, says Dea McDonald, DMB’s Senior Vice President and Eastmark’s General Manager. Kids will always find a way to play on something, he says, but the adults have to want to be there too. A compelling environment is one way to ensure that happens.

The regional park finished its first phase of development in May 2013 will begin its second phase of construction in August 2014.

Public parks may be a setting of simpler times for many people, but their complexity is something Haydon Building Corp’s Fritz Behrhorst says is underestimated.

“It looks like grass and trees, but there’s a lot that goes into those,” says Haydon’s vice president of pre-construction. “They’re expensive to build.”

Public projects, such as libraries, were put on hold during the recession, but Behrhorst says cities were able to get more park for their pennies when construction prices dropped between 2008 and 2010.

Now that construction prices are on the rise, Behrhorst says he is an increase in repurposing of properties in dense environments.

Mesa passed a bond program in 2012 that proposed 18 park projects at the total cost of $70M, with $2.25M operational costs.

In Mesa, the now-closed Mesa Junior High and Powell/Mesa Education Center are being bought by the city and converted into parks — a $8.7M expense funded by a bond program passed in 2012. This is just $2M shy of the budgeted amount for building three new park systems.

The aforementioned Eastmark park is Mesa’s first Communities-Facilities District, which is a system that taxes Eastmark residents over a span of 30 years to pay for the infrastructure and is then reimbursed by the city as development is finished. The city will also manage and operate the park.

Outside of construction costs, one of the biggest concerns for park developers and the cities that maintain the properties is water. Behrhorst and Haydon have engaged in significant research in water usage and technology, which is applied to their park development.

Haydon just completed the 90-acre Pioneer Park in Peoria, which has what Behrhorst called a sophisticated irrigation system. The system makes use of water-monitoring technology that can save the city up to 40 percent in maintenance costs. Sprinkler heads in the park’s fields can detect how much water is needed in a certain area of the field and deliver just that amount from a single head. The use of effluent water to water the park’s fields or fill a lake is being explored by Haydon and DMB Associates alike.

Although Eastmark is not yet using reclaimed water, McDonald says Eastmark has an agreement with the City of Mesa that when it completes a water line with the CAP canal, the park will be irrigated by raw water. It’s deemed to be effluent and is exchange it with Gila community.

APPLE-IPHONE_Goss-547x198

Apple Manufacturing Plant Brings 1,300 Construction Jobs to Valley

Apple Inc. says it will open a manufacturing plant in the Phoenix suburb of Mesa that will eventually employ 700 workers. About 1,300 construction jobs will also be created as the First Solar plant designed to make thin-film solar panels is converted. The company sold the plant last month.

“Apple’s presence in the region will be a game-changer for the Greater Phoenix area, its innovation landscape and future ability to attract other high-tech companies,” said GPEC President and CEO Barry Broome. “Between their plans to hire 700 direct employees and run completely on renewable energy, I’m convinced Apple could not have chosen a better location than Mesa and Eastmark. This deal is the result of the cooperation and support of several parties, including Maricopa County Supervisor Steve Chucri, City of Mesa Mayor Scott Smith, DMB Associates, the ACA and SRP, whose infrastructure will enable more projects to move forward in the surrounding area.”

To read more, visit azbigmedia.com

Phil Schiller

Apple brings 700 jobs to Valley manufacturing plant

Apple Inc. says it will open a manufacturing plant in the Phoenix suburb of Mesa that will eventually employ 700 workers.

“Apple’s presence in the region will be a game-changer for the Greater Phoenix area, its innovation landscape and future ability to attract other high-tech companies,” said GPEC President and CEO Barry Broome. “Between their plans to hire 700 direct employees and run completely on renewable energy, I’m convinced Apple could not have chosen a better location than Mesa and Eastmark. This deal is the result of the cooperation and support of several parties, including Maricopa County Supervisor Steve Chucri, City of Mesa Mayor Scott Smith, DMB Associates, the ACA and SRP, whose infrastructure will enable more projects to move forward in the surrounding area.”

The Cupertino, Calif., maker of the iPhone confirmed Monday that it is expanding its U.S. manufacturing operations in a former First Solar plant in Mesa. The city southeast of Phoenix already hosts a long list of high-tech manufacturing firms.

About 1,300 construction jobs will also be created as the First Solar plant designed to make thin-film solar panels is converted. The company sold the plant last month.

Apple spokeswoman Kristen Huguet says the plant will be powered with renewable energy provided by local utility Salt River Project.

Gov. Jan Brewer said Apple’s decision to come to Arizona is a sign that the state’s efforts to provide a pro-business climate are paying off.

 

 

 

 

 

 

 

Marina Heights rendering courtesy of DAVIS.

More Than $1B In Valley Economic Development Projects Announced In Banner 48-Hour Period

 

It could be the best 48 hours ever for Valley development and commercial real estate: three projects and more than $1B in economic impact.

In the past 48 hours plans were revealed for three major investment and construction projects in Metro Phoenix, including today’s announcement of the $600M Marina Heights mixed-used development on Tempe Town Lake.

>> Grand Canyon University yesterday selected DMB Associates’ Eastmark development in Mesa for its $150M East Valley satellite campus. GCU has the right to purchase 100 acres at Eastmark with an option to add up to 60 additional acres for future expansion.

>> USA Place, LLC, has been selected to develop a new 330-room Omni Hotel and 30,000 SF conference center on a 10.5-acre site located at the SEC of Mill Avenue and University Drive in Tempe, subject to Tempe City Council and Arizona Board of Regents final approval of development agreements. In addition to the hotel and conference center, the $350M mixed-use development will include a new national headquarters and training center for USA Basketball, a 4,500-seat event center, 500 luxury apartments, 160,000 SF of retail and up to 200,000 SF of office space, including the new home for Arizona Interscholastic Association events.

The crowning jewel of the two-day development splash was announced this morning at the Carson Center on the ASU campus. Marina Heights is a 20-acre, mixed-use development that will include five office buildings leased by State Farm, retail amenities and a 10-acre plaza to be constructed over the next four years.

The 2 MSF project, considered the “largest office deal in Arizona history,” will be constructed on ASU land and developed by Sunbelt Holdings and Ryan Companies, US, Inc. Speakers included Gov. Jan Brewer, Tempe Mayor Mark Mitchell, State Farm Senior Vice President Mary Crego, ASU President Dr. Michael Crow, Sunbelt Holdings CEO and President John Graham, and Ryan Companies, US, Inc. CEO and President Pat Ryan and Southwest Regional President John Strittmatter.

“We are so proud to be a part of the team that is bringing this major corporate project and thousands of new jobs to Tempe. With the completion of this transit-oriented development, the vision for Tempe Town Lake will be realized,” Graham said.

Ryan Companies begins construction this month. The 20-acre mixed-use development will include five office buildings leased by State Farm, retail amenities and a 10-acre plaza that will be constructed over the next four years. The first 370,000 SF building is expected to be complete by mid-2015.

“Along with our design/build partner DAVIS, we are thrilled to unveil the renderings and design of this new campus today,” Strittmatter said. “We look forward to celebrating many more construction milestones over the next four years.”

Marina Heights is adjacent to ASU Sun Devil Stadium and ASU’s Athletic Facilities District.

“The groundbreaking demonstrates our partnership with State Farm who shares our strong commitment to education and the development of future generations. We look forward to opportunities to expand this partnership in new areas as advances in innovation and information technology provide opportunities for future programs,”  Crow said.

The new facility will provide claims, service and sales support to State Farm customers. Once completed, State Farm will have capacity for up to 8,000 employees in Metro Phoenix.

“We are pleased to be part of this collaborative project as we expand to a multi-functional facility in Tempe,” Crego said. “This is one of many changes to position State Farm to meet the evolving needs of our customers and better serve communities across North America.”

“We are proud State Farm has chosen Tempe for this major employment center,” Mayor Mitchell said. “This corporate expansion will be the catalyst for attracting thousands of jobs and even more quality development around Tempe Town Lake. We look forward to welcoming State Farm employees into our community and hope that Tempe will be their city of choice to live, work and play.”

“Arizona has cultivated one of the premier business climates in the nation, and companies are taking notice,” Gov. Brewer said. “I thank State Farm and its development partners for recognizing everything our state has to offer. This project is great news for the Arizona economy, and testament to our pro-growth principles and highly-skilled workforce.”

Award-winning architectural design firm DAVIS completed the design portion of the Marina Heights project, the single largest office development deal in Arizona history. It will include five buildings, ranging in size from 6 to 16 stories and spanning 20 acres along Tempe Town Lake.

The multi-building design will offer retail amenities including coffee shops, restaurants and fitness facilities. The site will also feature a 10-acre lakeside plaza, which will be open to the public. Designed to complement the Tempe skyline, the complex will be an iconic landmark developed with a visionary concept that is minimalist, elegant and functional.

“We presented a bold vision for Marina Heights and State Farm: Five glass and stainless steel tower monoliths that will shimmer in the desert sun — cubist cloud towers floating above the lakefront,” said Principal Architect and project designer, Richard Drinkwater, AIA.

“The towers are minimalist with pristine, prismatic forms sculpted with deep insets and terraces strategically incised to create interlocking volumes. Tower heights are differentiated for skyline effect and are covered entirely in clear, reflective and fritted glass and stainless steel, reflecting and refracting the environment. This presents unique, ever changing views of the building as one’s vantage point changes. The design also includes a richly landscaped urban plaza, framed by metal podium structures, that engages the lake and park.”

USA Place

Principals of USA Place, LLC, include Susan Eastridge, CEO of Concord Eastridge; Michael Hallmark, principal of Future Cities; and Robert Harris, CEO of Harris Sports & Entertainment.

At a board meeting on July 25, USA Basketball’s Board of Directors approved the move to Tempe and USA Place as the home of its new national headquarters and training center.

The location, described by the developers as one of the most important urban sites in the Southwest, is adjacent to ASU’s main campus and Tempe’s Mill Avenue District, a short walk to light rail stations and minutes from Phoenix Sky Harbor International Airport.

The mixed-use plan created by Future Cities emphasizes walkable urban neighborhoods with four- and five-story residential units above retail shops, restaurants and services. Parking is designed to be primarily below grade and in one parking structure at the corner of 10th Street and Myrtle.

The full-service Omni Hotel will be Tempe’s first four-diamond hotel. With 58 distinctive luxury hotels and resorts across North America, Omni Hotels & Resorts is recognized as a market leader for group and transient business as well as with leisure travelers. The adjacent 30,000 SF conference center will feature a grand ballroom capable of seating 1,000 for dining, a junior ballroom and meeting space.

The site’s other major anchor will be USA Basketball, which will relocate its national headquarters and training center to USA Place in the fall of 2015. Currently based in Colorado Springs, Colo., USA Basketball serves as the national governing body for men’s and women’s basketball in the U.S.

It is officially recognized by the United States Olympic Committee and the International Basketball Federation (FIBA) as being solely responsible for the selection, training and fielding of USA teams that compete in FIBA sponsored international basketball competitions, including the Olympics and World Championships.

Led by Chairman Jerry Colangelo, USA Basketball’s programming for men and women includes U16 (16 years old and under), U17, U18, U19 and the national teams. USA Basketball also features national teams for 3×3 competitions, and a youth development program which provides kids, parents and coaches with instructional and educational resources. USA teams are the reigning men’s and women’s champions in the Olympics and currently rank No. 1 in all five of FIBA’s world ranking categories, including men, women, boys and girls.

A new multi-court event center, with seating up to 4,500, will serve as the training site for USA Basketball primarily in the summer months and for regional youth and adult recreational and competitive athletics programming the rest of the year. A third USA Place development partner, former Phoenix Suns V.P. Robert Harris, will manage the facility and create original programming for the center including tournaments, camps, leagues and clinics.

“This is an exciting and an incredible opportunity that offers nothing but positives for USA Basketball,” Colangelo said. “USA Place will offer USA Basketball an excellent site for the development of its office headquarters, a training center and event center that will provide the organization with a first-class site for hosting junior level events and will allow USA Basketball to continue to evolve.”

“The new USA Basketball headquarters and training center will be first-class, state of art facilities, something I know we will be very proud of.”

In addition to USA Basketball, the Arizona Interscholastic Association (AIA) will also host programming at the event center, which will include post season state high school tournaments for boys and girls basketball, volleyball, wrestling, badminton and spiritline. High schools will also have an opportunity to participate in regular season “Games-of-the-Week” there. AIA is the primary governing body for high school athletics in Arizona.

The AIA’s Chuck Schmidt said he believes the move will create more opportunity for high school programs.

“We’re very excited to have a permanent home where we can host our events. Being able to share a home court with USA Basketball will be a remarkable experience for our kids,” he said.

Omni executives recognize the Tempe site and development concept as important to Omni’s brand.

“USA Place is our first property development in the Valley, which is important to our brand development strategy as well as for our guests,” said Mike Deitemeyer, president of Omni Hotels & Resorts. “The complex presents Tempe with great synergistic opportunities, and we are committed to ensuring that the Omni Tempe Hotel, and our team, is engaged Tempe community, Greater Phoenix region and state.”

The site is located next to ASU’s Tempe campus on land owned by ASU. USA Place, LLC, is entering into a long-term ground lease with a base term of 99 years. ASU and the City of Tempe have formed a partnership to support the creation of the conference center and as a result, the conference center will revert to public ownership after twenty years.

Construction of the project is planned to begin by year-end with the hotel, conference center, event center and first phase of residential, retail and office scheduled to open during the second half of 2015.

GCU at Eastmark

Other sites considered for the new GCU campus were Chandler, Gilbert, Queen Creek and Tempe.

“In selecting the Eastmark site, we were especially impressed with the integrated community concept DMB is creating,” said Brian Mueller, president and CEO of GCU.

“This environment will give our students, faculty and staff an exciting place to learn, work and play while being an integral part of the East Valley community. We believe our presence will benefit the entire region by providing the option of a low-cost, high-quality Christian education to all its residents,” Mueller said.

DMB’s Eastmark community will be situated on 3,200 acres in the center of the Gateway region in Mesa, just minutes from the Phoenix-Mesa Gateway Airport.

“We are thrilled to be the future home of GCU, its faculty, students and staff,” said Charley Freericks, president of DMB. “DMB communities feature a focus on lifelong learning and GCU’s unique model for post-secondary education will bring a wealth of learning opportunities to Eastmark and to all of the East Valley.”

Construction of the new campus is expected to begin in 2014, with a prospective opening date in 2015. The university’s plan is to purchase up to 160 acres located east of Ellsworth Rd. and Point 22 Blvd. The 7-year build-out of the campus will include offices and administration space, classrooms, labs, library, a student union, student dorms, recreational fields and parking.

“The East Valley, and specifically Mesa’s Gateway area, is emerging as a destination for high-quality higher education. We are honored to welcome Grand Canyon University to Mesa, Arizona’s newest college town,” said Mesa Mayor Scott Smith.

Until the opening of the new campus, the GCU team will have a space in Eastmark’s visitors and community center this coming year for prospective students to come and learn more about the school as well as the new campus.

So that they can begin offering classes in the fall of 2014, the university is looking into leasing space in the Eastmark area. When the campus opens in 2015, those students would then transfer to the new location.

 

GCU Campus

Mesa, Eastmark land new GCU campus

Grand Canyon University today officially selected DMB Associates’ newest community, Eastmark in Mesa, as the site for its new, $150M satellite campus.

The university will be given the right to purchase 100 acres at Eastmark with an option to add up to 60 adjacent acres for future expansion. Other sites considered for the new GCU campus were Chandler, Gilbert, Queen Creek and Tempe.

“In selecting the Eastmark site, we were especially impressed with the integrated community concept DMB is creating,” said Brian Mueller, president and CEO of GCU.

“This environment will give our students, faculty and staff an exciting place to learn, work and play while being an integral part of the East Valley community. We believe our presence will benefit the entire region by providing the option of a low-cost, high-quality Christian education to all its residents,” Mueller said.

DMB’s Eastmark community will be situated on 3,200 acres in the center of the Gateway region in Mesa, just minutes from the Phoenix-Mesa Gateway Airport.

“We are thrilled to be the future home of GCU, its faculty, students and staff,” said Charley Freericks, president of DMB. “DMB communities feature a focus on lifelong learning and GCU’s unique model for post-secondary education will bring a wealth of learning opportunities to Eastmark and to all of the East Valley.”

Construction of the new campus is expected to begin in 2014, with a prospective opening date in 2015. The university’s plan is to purchase up to 160 acres located east of Ellsworth Rd. and Point 22 Blvd. The 7-year build-out of the campus will include offices and administration space, classrooms, labs, library, a student union, student dorms, recreational fields and parking.

“The East Valley, and specifically Mesa’s Gateway area, is emerging as a destination for high-quality higher education. We are honored to welcome Grand Canyon University to Mesa, Arizona’s newest college town,” said Mesa Mayor Scott Smith.

Until the opening of the new campus, the GCU team will have a space in Eastmark’s visitors and community center this coming year for prospective students to come and learn more about the school as well as the new campus.

So that they can begin offering classes in the fall of 2014, the university is looking into leasing space in the Eastmark area. When the campus opens in 2015, those students would then transfer to the new location.

rsz_gcu_campus

Grand Canyon University's New Campus To Be Located In Mesa's Eastmark Community

 

Grand Canyon University today officially selected DMB Associates’ newest community, Eastmark in Mesa, as the site for its new, $150M satellite campus.

The university will be given the right to purchase 100 acres at Eastmark with an option to add up to 60 adjacent acres for future expansion. Other sites considered for the new GCU campus were Chandler, Gilbert, Queen Creek and Tempe.

“In selecting the Eastmark site, we were especially impressed with the integrated community concept DMB is creating,” said Brian Mueller, president and CEO of GCU.

“This environment will give our students, faculty and staff an exciting place to learn, work and play while being an integral part of the East Valley community. We believe our presence will benefit the entire region by providing the option of a low-cost, high-quality Christian education to all its residents,” Mueller said.

DMB’s Eastmark community will be situated on 3,200 acres in the center of the Gateway region in Mesa, just minutes from the Phoenix-Mesa Gateway Airport.

“We are thrilled to be the future home of GCU, its faculty, students and staff,” said Charley Freericks, president of DMB. “DMB communities feature a focus on lifelong learning and GCU’s unique model for post-secondary education will bring a wealth of learning opportunities to Eastmark and to all of the East Valley.”

Construction of the new campus is expected to begin in 2014, with a prospective opening date in 2015. The university’s plan is to purchase up to 160 acres located east of Ellsworth Rd. and Point 22 Blvd. The 7-year build-out of the campus will include offices and administration space, classrooms, labs, library, a student union, student dorms, recreational fields and parking.

“The East Valley, and specifically Mesa’s Gateway area, is emerging as a destination for high-quality higher education. We are honored to welcome Grand Canyon University to Mesa, Arizona’s newest college town,” said Mesa Mayor Scott Smith.

Until the opening of the new campus, the GCU team will have a space in Eastmark’s visitors and community center this coming year for prospective students to come and learn more about the school as well as the new campus.

So that they can begin offering classes in the fall of 2014, the university is looking into leasing space in the Eastmark area. When the campus opens in 2015, those students would then transfer to the new location.

 

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Eastmark Grand Opening on June 1

The first new large-scale integrated community to launch in the Phoenix area in 10 years will hold a grand opening event from 10 a.m. to 5 p.m. on Saturday, June 1 to showcase its first phase of residential homes and the first phase of the Eastmark Great Park. Eastmark, located in the heart of the East Valley, is a vibrant new community focused on creating a connected life for its residents, employers and visitors.

To debut Eastmark to the public, DMB is planning a day of festivities that will include music throughout the parks system, family games and entertainment and activities for all ages to encourage the community to discover the lifestyle at Eastmark.

Tours of 20 new home models from seven homebuilders will be available to guests. Every home design in Eastmark features a new floorplan.

Eastmark’s phase one builders are:
Maracay Homes
Mattamy Homes
Taylor Morrison
Woodside Homes
Ryland Homes
Standard Pacific Homes
Meritage Homes Corporation

At the grand opening, visitors will be able to explore The ‘Mark, Eastmark’s Visitors and Community Center, enjoy the first 10 acres of the Eastmark Great Park, 11 neighborhood parks, piazzas and plazas and landscaped, tree-lined streets and parkways. Trollies and pedicabs will take guests around the community to enjoy outdoor concerts, kite flying and other demonstrations, food trucks and refreshments throughout the day.

“Eastmark is one of the most thoughtfully designed communities in the country. In our planning, we’ve artfully blended residential areas, employment cores, recreation and commerce to complement each other,” said Dea McDonald, DMB’s Senior Vice President and Eastmark’s General Manager. “Eastmark’s grand opening will give guests an opportunity to engage in ‘Life in Motion’ and enjoy fun, family-friendly activities and exciting looks at this community which is unlike anything else in Arizona.”

WHAT: Eastmark’s Grand Opening – Life in Motion
WHEN: 10 a.m. to 5 p.m. on Saturday, June 1, 2013
WHERE: Ray and Ellsworth Roads in Mesa
COST: Admission is Free

DETAILED SCHEDULE

Ongoing Fun
Star in the Eastmark Ad Campaign – 10:00 a.m. – 3:00 p.m. – Eastmark Great Park
DJ – 10:00 a.m. – 5:00 p.m. – Eastmark Great Park
Tillerman at Leisure World Yacht Club Demonstrations – 10:00 a.m. – 2:00 p.m. – Eastmark Great Park Lake
DMB Community Life Block Party – 10:00 a.m. – 5:00 p.m. – Kinetic Park
Summer Snowplay– 10:00 a.m. – 5:00 p.m. – Cambium Court
Face Painting – 10:00 a.m. – 5:00 p.m. – Cambium Court
Food Trucks Open – 10:00 a.m. – 5:00 p.m.

Eastmark Great Park
SuperTruck
Udder Delights
Aji Mobile Food
Sandra Dee’s Kitchen
Kinetic Point
Gourmet Command Center
Liberty Biscuit
Figueroa Green
Goodness Gracious Great Balls and Sliders
JG Superweenie

10:00 a.m.
Yoga in the Park – 10:00 a.m. – 10:40 a.m. – Selenium Park
Jodi Light and The Shining Star Band – 10:00 a.m. – 11:00 a.m. – Cambium Court
Arizona Sport Coalition Soccer Demonstrations – 10:00 a.m. – 10:40 a.m. – Lincoln Square

10:30 a.m.
Change on Three Jazz Group – 10:30 a.m. – 11:30 a.m. – Lumiere Garden
White Crane Tai Chi Instruction – 10:30 a.m. – 11:10 a.m. – Radiant Grove

11:00 a.m.
Yoga in the Park – 11:00 a.m. – 11:40 a.m. – Selenium Park
Rock Lobster Band – 11:00 a.m. – 12:00 p.m. – Kinetic Point
Brad Zinn Magic Show – 11:00 a.m. – 11:30 a.m. – Cambium Court
Arizona Sports Coalition Soccer Demonstrations – 11:00 a.m. – 11:40 a.m. – Lincoln Square

11:30 a.m.
Jodi Light and The Shining Star Band – 11:30 a.m. – 12:30 p.m. – Cambium Court
Center for True Harmony Wellness – Stress Management – 11:30 a.m. – 12:00 p.m. –  Lumiere Garden
White Crane Tai Chi Instruction – 11:30 a.m. – 12:10 p.m. – Radiant Grove

12:00 p.m.
Yoga in the Park – 12:00 p.m. – 12:40 p.m. – Selenium Park
Arizona Sport Coalition Soccer Demonstrations – 12:00 p.m. – 12:40 p.m. – Lincoln Square
Change on Three Jazz Group – 12:00 p.m. – 1:00 p.m. – Lumiere Garden

12:30 p.m.
Rock Lobster Band- 12:30 p.m. – 1:30 p.m. – Kinetic Point
Brad Zinn Magic Show – 12:30 p.m. – 1:00 p.m. – Cambium Court
White Crane Tai Chi Instruction – 12:30 p.m. – 1:10 p.m. – Radiant Grove

1:00 p.m.
Yoga in the Park – 1:00 p.m. – 1:40 p.m. – Selenium Park
Jodi Light and The Shining Star Band– 1:00 p.m. – 2:00 p.m. – Cambium Court
Arizona Sport Coalition Soccer Demonstrations – 1:00 p.m. – 1:40 p.m. – Lincoln Square

1:30 p.m.
Sirocco Jazz Group – 1:30 p.m. – 2:30 p.m. – Lumiere Garden
White Crane Tai Chi Instruction- 1:30 p.m. – 2:00 p.m. – Radiant Grove

2:00 p.m.
Rock Lobster Band– 2:00 p.m. – 3:00 p.m. – Kinetic Point

2:30 p.m.
Night Groove Band – 2:30 p.m. – 3:30 p.m. – Cambium Court
Center for True Harmony Wellness Relaxation Techniques – 2:30 p.m. – 3:00 p.m. – Lumiere Garden

3:00 p.m.
Sirocco Jazz Group – 3:00 p.m. – 4:00 p.m. – Lumiere Garden

3:30 p.m.
Rock Lobster Band – 3:30 p.m. – 4:30 p.m. – Kinetic Point

4:00 p.m.
Night Groove Band — 4:00 p.m. – 5 :00 p.m. – Cambium Court

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DMB Associates To Open Eastmark’s First Residential Phase June 1

 

Eastmark, the first new large-scale integrated community to launch in the Phoenix area in 10 years, will hold a grand opening from 10 a.m. to 5 p.m. on June 1 to showcase its first phase of residential homes and the first phase of the Eastmark Great Park.

Located in the East Valley, Eastmark is a vibrant new community focused on creating a connected life for its residents, employers and visitors. DMB Associates is planning a day of festivities that will include music throughout the parks system, family games and entertainment and activities.

Tours of 20 new home models from seven homebuilders will be available. Eastmark’s Phase 1 builders are:

>> Maracay Homes

>> Mattamy Homes

>> Meritage Homes Corporation

>> Ryland Homes

>> Standard Pacific Homes

>> Taylor Morrison

>> Woodside Homes

At the grand opening, visitors will be able to explore The ‘Mark, Eastmark’s Visitors and Community Center, enjoy the first 10 acres of the Eastmark Great Park, 11 neighborhood parks, piazzas and plazas and landscaped, tree-lined streets and parkways.

Trollies and pedicabs will take guests around the community to enjoy outdoor concerts, snow playground, soccer, food trucks, refreshments and more throughout the day.

“Eastmark is one of the most thoughtfully designed communities in the country. In our planning, we’ve artfully blended residential areas, employment cores, recreation and commerce to complement each other,” said Dea McDonald, DMB’s Senior Vice President and Eastmark’s General Manager.

“Eastmark’s grand opening will give guests an opportunity to engage in ‘Life in Motion’ and enjoy fun, family-friendly activities and exciting looks at this community which is unlike anything else in Arizona.”

DMB Commercial is currently planning Eastmark’s first mixed-use commercial core. DMB Commercial’s other commercial properties include Canyon Village, Centerpoint on Mill, Market Street at DC Ranch, Main Street at Verrado, The Shops at Kukui`ula and One Scottsdale.

 IF YOU GO

WHAT: Eastmark’s Grand Opening – Life in Motion

WHEN: 10 a.m. to 5 p.m. on June 1

WHERE: Ray and Ellsworth Roads in Mesa

COST: Admission is Free

 

Work progresses at the community center at Eastmark.

Building A Dream: Eastmark Infrastructure Adhering to Sustainable, Responsible Practices

 

The transformation of an automobile test track into a regional anchor community might intimidate even the most experienced of developers.

Orchestrating a large team of specialized consultants and contractors, adhering to a budget during an economic downturn and an aggressive timeline requires teamwork and focused discipline. But with Eastmark, DMB proved the job can be done.

In 2008, the General Motors Proving Grounds still had significant buildings and test tracks needing be cleared to prepare for development.

Working with Reclamation Sciences, DMB up-cycled and reused elements from the site in ways never before thought possible. More than 35 buildings were removed for these first phases and the company continues to remove and recycle 74 miles of test track from the proving grounds.

“Ninety-five percent of all these materials have made their way into other developments,” says Dea McDonald, Eastmark’s general manager and a senior vice president at DMB Associates.

“We are exceeding our sustainability goals for Eastmark because of Reclamation Services’ repurposing, re-using, and recycling.”

Local, regional and international customers including ADOT and Phoenix-Mesa Gateway Airport bought recycled copper, asphalt, buildings, steel and other metals. Rick Rummel, vice president of Rummel Construction, has been using some of the materials.

“DMB has made a commitment to utilize recycled asphalt and concrete from the existing improvements left over from the GM Proving Grounds and incorporate them into the new Eastmark community,” Rummel says.

Today, connected sewer and water infrastructure are all under development for a late spring opening. DMB is accelerating the development inside Eastmark so early residents will have access to the community center, the Eastmark Great Park and other community amenities when they move in.

Hundreds of workers are on site working to get buildings up, parks in and homes started.

“The size of the project increases the complexity of coordination and demands that all entities work closely together to deliver a high quality project on time,” says Mike Rock, vice president of Bernards, one of the primary contractors on the development. The company worked under a joint development agreement for the builders, eliminating the need for a separate contractor on each individual parcel.

Markham Contracting won the City of Mesa’s public bid to build the elements of the Community Facilities District (CFD), including collector and arterial streets at Eastmark.

“To keep the project moving, the DMB team works to find answers quickly,” says Mike Markham, COO of Markham Contracting. “Fortunately, at this point, we are ahead of schedule on our piece.”

Rummel Construction completed the clearing and mass grading for the infrastructure roadways and builder parcels in this first phase and is looking ahead.

“DMB has kept active involvement from the architects, engineers and the City of Mesa throughout the construction process to ensure no detail is overlooked,” Rummel says.

 

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Room to Grow: Partnership, speed and flexability will define Eastmark’s future

 

At 5 square miles, Eastmark is the largest tract of privately-held developable land in the East Valley.

That scope is not lost on the landowner, DMB Associates.

“You have to imagine planning five Kierland Master Plans and thinking about the life cycles of development as much as 50 years in the future,” says Karrin Taylor, the DMB executive vice president who led the entitlement effort. “There’s a unique responsibility and stewardship over this land because of its impact on the greater Gateway region.”

The vision for Eastmark includes entitlements for 20 MSF of commercial space — slightly less than Downtown Phoenix — including a major resort/hotel core and up to 15,000 homes at build out.

“The potential economic impact of Eastmark on Mesa and the East Valley cannot be understated,” Taylor says. “Our goal is to create another major employment core. This community will offer everything in one place, and it’s just minutes from an airport terminal to connect business travelers to the world.”

Planning began at the height of the economic downturn, and DMB learned some important lessons about partnership, speed and flexibility.

“Using Form Based Code for the first time in Mesa, this Community Plan allows Eastmark to respond to the market and encourages a variety of uses around the 3,200 acres,” Taylor explains. “The planning framework was structured with the City of Mesa to minimize discretionary approvals for projects that have clear economic benefits, in the hope that employers who want to bring quality jobs to Mesa can move through the process quickly.”

In today’s world, businesses need to move quickly. Employers who are bringing high quality jobs need know they have the ability to get a fast track on development — or they will move on to another site, explains Scott Somers, city council member for Mesa’s District 6, which includes the Gateway area.

The region has already begun to land at the top of site selection lists, including as a finalist for Apple’s recent search for the right site in Arizona.

“DMB has been aggressive in pursuing employers in partnership with us. They have demonstrated a willingness to align partners to get deals done,” says Barry Broome, president and CEO of the Greater Phoenix Economic Council (GPEC), which worked with DMB on securing a deal to keep First Solar in the Valley.

“Eastmark has a unique ability to attract major employers because of the compelling vision — a stellar location in the Gateway Area, a planning framework that allows large and small scale employment in an amenity-rich site, and a developer who will help companies move through the planning process quickly,” Broome says.

In addition to the regional and national economic development efforts DMB has undertaken, it is also working on a number of educational and healthcare partnerships for Eastmark. Each of DMB’s master-planned communities features a partnership with local healthcare and lifelong learning institutions as a foundation for the community life programming being developed now.

“Fast forward to 2040, when Arizona is home to more than 9 million people,” Taylor predicts. “Our goal is to have Arizona’s most innovative, most creative companies calling Eastmark home, for thousands of people to play in our Great Park every afternoon, and for a second generation of families to be making their life in Eastmark.”

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BASIS Selects Eastmark for Its Next East Valley School

 

 

Nationally recognized charter school BASIS has selected Eastmark for its next East Valley campus. The new school is set to open this fall.

Construction on BASIS Mesa at Eastmark commences in March. Philip Carhuff is the architect; Canyon Building & Design is the general contractor.

“BASIS is our first 5-12 educational partner and a perfect fit for this community. Eastmark’s central location in the East Valley will give hundreds of children more opportunities to earn a world-class education, which is a tremendous value for kids, their families and our region’s future workforce,” said Dea McDonald, Senior Vice President of DMB Associates and General Manager of Eastmark.

“Every DMB community features education and lifelong learning among its Community Life pillars, which are empowered by partnerships that extend far beyond the classroom. We’re delighted to bring to future residents and neighbors this charter school option in the early phase of Eastmark,” McDonald said.

The new BASIS Mesa at Eastmark will complement the East Valley BASIS programs. Because of the strong interest by parents and students, the BASIS Board of Directors agreed there was enough demand to develop another school in the East Valley, explained Craig Barrett, retired Chairman/CEO of Intel Corporation and Chairman of the Board for BASIS Schools Inc.

“Our BASIS Chandler School has had a waiting list since we opened,” Barrett said. “DMB brought us the opportunity to develop in their new community, in an early phase of the development, where we could be a true partner. Its location, easy access to transportation and vision for the future made Eastmark the right choice for us. We’re eager to grow another top performing school for the region.”

The BASIS Mesa at Eastmark will open with grades 5-10, adding grade 11 by 2014 and grade 12 by 2015. BASIS Mesa may also add K-4 grades in ensuing years.

The design and size of the new school will be similar to its Chandler and Phoenix campuses. The campus will be located adjacent to the Eastmark Great Park situated on approximately 4.5 acres. DMB is advancing the development and construction of Eastmark Parkway to meet the timelines of the opening of the charter school.

The first phase of Eastmark’s residential development is in the Queen Creek School District. The district does not have plans to build another campus in Eastmark in the immediate future.

Eastmark will host its grand opening on June 1 with seven builders offering homes in the first phase of residential development.

 

BASIS_MESA_View_24

BASIS Selects Eastmark for Its Next East Valley School

The nationally renowned charter school BASIS has selected Eastmark for its next East Valley campus. Construction on BASIS Mesa at Eastmark commences in March 2013.  The new school is set to open fall 2013.

“BASIS is our first 5-12 educational partner and a perfect fit for this community.  Eastmark’s central location in the East Valley will give hundreds of children more opportunities to earn a world-class education, which is a tremendous value for kids, their families and our region’s future workforce,” said Dea McDonald, Senior Vice President of DMB Associates and General Manager of Eastmark.

“Every DMB community features education and lifelong learning among its Community Life pillars, which are empowered by partnerships that extend far beyond the classroom.  We’re delighted to bring to future residents and neighbors this charter school option in the early phase of Eastmark,” added McDonald.

The new BASIS Mesa at Eastmark will complement the East Valley BASIS programs.  Because of the strong interest by parents and students, the BASIS Board of Directors agreed there was enough demand to develop another school in the East Valley, explained Craig Barrett, retired Chairman/CEO of Intel Corporation and Chairman of the Board for BASIS Schools Inc.

“Our BASIS Chandler School has had a waiting list since we opened.  DMB brought us the opportunity to develop in their new community, in an early phase of the development, where we could be a true partner.  Its location, easy access to transportation and vision for the future made Eastmark the right choice for us.  We’re eager to grow another top performing school for the region,” Barrett said.

The BASIS Mesa at Eastmark will open with grades 5-10, adding grade 11 by 2014 and grade 12 by 2015. BASIS Mesa may also add K through 4thgrades in ensuing years.  The design and size of the new school will be similar to its Chandler and Phoenix campuses. The campus will be located adjacent to the Eastmark Great Park situated on approximately 4.5 acres. DMB is advancing the development and construction of Eastmark Parkway to meet the timelines of the opening of the charter school.

Families can sign up for the BASIS Mesa at Eastmark interest list at www.basislink.org.

The first phase of Eastmark’s residential development is in the Queen Creek School District.  The district does not have plans to build another campus in Eastmark in the immediate future.

Eastmark will host its grand opening on June 1, 2013 with seven builders offering homes in the first phase of residential development.

BASIS is the top performing school in Arizona with BASIS students ranked highest in Stanford 10 national test scores in both math and reading in 2012.
All BASIS schools are “A” rated by the Arizona Department of Education (“AZEd”).

Approximately 5,000 students attend BASIS schools with campuses in Tucson, Oro Valley, Scottsdale, Chandler, Flagstaff, Peoria and Washington, D.C.  BASIS is also opening new schools in Ahwatukee, San Antonio, and a new K-4 program in Tucson.

rsz_1av-jen_partners_eastmark-map

AV Homes, JEN Partners Acquire 527 Acres at Eastmark

Scottsdale-based AV Homes and JEN Partners, a New York City-based residential investment company, through a newly formed entity, acquired 527-acres at Eastmark, DMB Associates’ newest large-scale integrated community in Mesa.

AV Homes’ investment was $18.6M; JEN Partners investment was $13.6M.

AV Homes will control 310 acres on which it plans to build approximately 1,000 homes under its Vitalia active adult brand. JEN Partners plans to develop the remaining 217-acre into a gated executive club community where it will sell approximately 550 developed home sites to a select group of luxury home builders.

AV Homes Executive Vice President Carl Mulac said the opportunity to be associated with Eastmark gives the company strong positions in both the East and West Valley active adult markets.

“Eastmark is clearly one of the best development locations in the region. As the local home building industry continues to improve, we will be well positioned to serve active adults in two proven markets,” he said.

The company is currently building at its CantaMia active adult community located in the West Valley’s Estrella master-planned community.

Mulac said the company is developing its plans for new housing product and the community amenities at Eastmark. He noted that the new active adult community will include an extensive open-space/trail system in lieu of a golf course as there are numerous public courses in the area.

Pending entitlements, groundbreaking for the active adult community is expected to occur in early 2014 with the first home closing anticipated in late 2014. This will follow the grand opening of Eastmark in May of 2013.

Phoenix-based TerraWest Management Company will manage entitlement and land development activities on behalf of the companies. TerraWest’s Managing Member Mike Jesberger said that JEN Partners’ executive club community will be attractive to executives who are employed at a growing number of companies that have established, or are establishing operations in the nearby area.

“We are planning a community that will offer an exceptional lifestyle opportunity and luxury homes from some of the Valley’s most distinguished builders.” Jesberger said. The timeline for development of the executive club mirrors that of the active adult community, and Jesberger noted that he is currently in negotiations with a number of possible homebuilding partners.

“In researching the growth of this market and the demographics of the area, we recognized early on the opportunity to bring a new active adult community to Eastmark. This phase of the development will enhance our vision for an integrated, vibrant community,” said Dea McDonald, Senior Vice President of DMB Associates and General Manager of Eastmark.

“We have always envisioned the addition of an executive enclave at Eastmark. Our proximity to so many employers and to a world-class airport makes this a desirable location for this kind of community.”

 

dmb associates

DMB Associates Names 7 Builders To Be Part Of Eastmark

The first phase of residential development at DMB Associates’ Eastmark includes seven of Arizona’s most respected homebuilders, adding more than 700 new homes in Mesa, Arizona. In keeping with Eastmark’s commitment to create a mix of residential options for its neighborhoods, the mix of builders includes national, publicly traded, regional and local homebuilders. The builder roster includes: Maracay Homes (NYSE: WY), Mattamy Homes, Taylor Morrison, Woodside Homes, Trend Homes, Standard Pacific Homes (NYSE: SPF) and Meritage Homes Corporation (NYSE: MTH).

“The commitment of these builders represents an unprecedented level of confidence in Arizona’s residential market backed by promising economic indicators,” said Dea McDonald, DMB Senior Vice President and Eastmark General Manager. “We are seeing a resurgence in homebuilding activity in Arizona and in the East Valley. These builders see the value in Eastmarks’ strategic location and integrated plan, which positions this community to be an economic and employment engine for the East Valley and greater region.”

According to a report by Arizona State University’s Center for Real Estate Theory and Practice at the W.P. Carey School of Business, the inventory of previously owned houses for sale in the metro Phoenix area dropped 54 percent in April 2012 from a year earlier. This lack of supply is driving the demand of new homes, sales of which surged 43 percent from April 2011.

“As the first large-scale community to launch in Arizona in nearly a decade, Eastmark is being closely watched,” said Charley Freericks, DMB President. “We are designing the community with the ‘new normal’ in mind. People are putting higher values on a sense of community, proximity to employment and environmental stewardship. Each building partner is creating designs specifically for Eastmark and all are equally committed to the vision of this community.”

Homebuilders are accredited at the Energy Star 3 level for constructing energy efficient homes. They will soon break ground in preparation for Eastmark’s grand opening in May 2013. The seven builders’ combined investment in land and improvements is nearly $50 million and hundreds of jobs are expected across the ten neighborhoods within this first phase.

Each neighborhood will take advantage of the planned 100-acre Great Park and their own community parks, while also encouraging connections to the planned employment and retail centers. The first phase of development features 12 parks throughout Eastmark, providing gathering points for neighborhoods and enhancing the sense of community.

DMB’s Eastmark Phase One Builders and Number of Homesites:

  • Maracay Homes (NYSE: WY) – 165
  • Mattamy Homes – 163
  • Taylor Morrison – 103
  • Woodside Homes – 96
  • Trend Homes – 84
  • Standard Pacific Homes (NYSE: SPF) – 58
  • Meritage Homes Corporation (NYSE: MTH) – 40

At five square miles (3,200 acres), Eastmark is a vibrant, integrated and evolving regional community poised as “The Heart and Hub of the East Valley.” Eastmark sits at the center of a major transportation hub anchored by the Phoenix-Mesa Gateway Airport, three major freeways, numerous businesses and acclaimed educational institutions. An expansive 100-acre Great Park connects residential areas, resort components, employment cores, recreational spaces and commerce. Eastmark is the largest privately held, contiguous property in the Southeast Valley.

To learn more about Eastmark, visit www.Eastmark.com. Visit DMB Associates at dmbinc.com.

Eastmark - DMB Associates Break Ground

DMB Breaks Ground On Its Newest Valley Economic Engine – Eastmark

DMB Associates broke ground on what is being touted as one of the next biggest economic engines for the Valley – its newest community, Eastmark.

The ceremony, held near the intersection of Ray and Ellsworth roads in Mesa, was attended by about 50 people, including partners, DMB Associates executives and East Valley leaders, including Mesa Mayor Scott Smith and Councilman Scott Somers.

“This is not only the start of a community, but decades of meaningful development,” said Dea McDonald, DMB senior vice president and Eastmark general manager. “Today’s event represents the culmination of years of planning and preparation for the property, which spans five square miles.

“For years, DMB has been reclaiming and recycling materials from the former proving grounds, including miles of track and tons of building materials. Now, we’re building Eastmark’s community infrastructure – the streets, utilities and early amenities to prepare for future businesses and the homebuilders who will debut their newest homes at Eastmark early next year.”

Added DMB President Charley Freericks: “The groundbreaking of our first phase is an important milestone for DMB and a positive indicator for Arizona’s recovering real estate market. The sounds of construction equipment signifies the start of the new heart and hub of the East Valley.

The first residential phase of Eastmark includes an interactive welcome center/community center, approximately 700 single-family homes and the initial phase of the 100-acre Great Park. This central amenity will provide recreation opportunities for residents and visitors and will ultimately connect the residential phase to schools and businesses. Eastmark’s first homes are scheduled for opening in the spring of 2013.

While much has been done to set the framework for development, DMB envisions an evolving community that earns the designation as the cultural, educational and economic core of the region. Eastmark will integrate residential areas, resort components, employment cores and commerce.

“Eastmark represents an incredible and unique opportunity for large-scale community development. Its strategic location and existing healthcare, education and transportation infrastructure align to make Eastmark the most desirable place in the region,” said Drew Brown, DMB’s chairman and founder. “These important amenities, along with our unique brand of placemaking, will create a quality of life that transforms Eastmark into a sought-after community for families and a nationally competitive location for employers.”

Eastmark is Arizona’s newest planned community situated on 3,200 acres in the center of the Gateway area, connected to the larger Southeast Valley, and anchored by the Phoenix-Mesa Gateway Airport, businesses and educational institutions. DMB acquired the property, which formerly served as the General Motors Proving Grounds, in 2006.

Bernards & Construction

Bernards Names Mike Rock To Lead Phoenix Office

Mike Rock - Bernards

Mike Rock

Bernards, a nationally recognized general contractor serving the U.S. Southwest, has appointed Mike Rock as vice president in the company’s Phoenix office, founder, CEO and president of the company, Doug Bernards, announced.

Rock takes over Bernards’ Phoenix office, which was established just a few years ago by Director of Operations Carl McFarland and Director of Client Development Tom Harrison.

The new VP was primarily responsible for capturing the group’s latest project, the first phase of a potential multi-year land development, infrastructure, construction management and general construction of Eastmark, a master-planned, single family home community on 2,500 acres in Mesa, being developed by DMB.

Rock is the former president of Kitchell Contractors, and has overseen large-scale projects in Arizona, New Mexico, Oregon, Mexico and Hawaii.

“We are delighted to welcome such an industry star and a national leader to Bernards’ executive team,” Bernards said. “Mike will be a key player in our company’s leadership continuity plan, and a powerful catalyst for Bernards’ expansion in the Arizona regional market.”

McFarland and Harrison have been responsible for the Phoenix office’s projects in several states in the Midwest and Southwest. The team has built momentum fast, culminating in its current project of providing construction management services for the $75M renovation and expansion of the downtown Convention Complex in Cedar Rapids, Iowa, including a 267-room Hilton Hotel.

Rock will spearhead the company’s focus on expanding its client roster for building and managing construction of high profile, sustainable projects in the region, with a focus on Bernards’ core business areas, including sports and entertainment, educational, developer-driven projects and healthcare facilities.

“I look forward to working to bring creative innovation and a program of diverse projects and clients as we grow this dynamic region,” Rock said.

A LEED AP since 2004, Rock is a graduate of the University of Colorado and has completed executive business courses with Stanford Executive Leadership, FMI Leadership Institute and AGC Leadership Development Forum.

He is a board member of the Arizona Contractors Association, a board member of the Arizona Science Center and the Urban Land Institute and was a past executive leader of the John C. Lincoln Hospital annual food drive.

For more information on Bernards, visit their website at www.bernards.com.

DMB Associates

DMB Associates Names Freericks President

DMB executive Charley Freericks today was named President of DMB Associates, Inc.

DMB Associates - Charley FreericksFreericks formerly served as a Senior Vice President and General Manager of DMB Commercial (DMBC).

“As we enter a new phase of active development with the planned launch of Eastmark, at the former GM Proving Grounds, DMB is positioning its team for the development of this exciting new community and the reemergence of development throughout its Arizona portfolio,” said Drew Brown, DMB Founding Partner and Board Chairman. “Charley brings a wealth of experience working in our communities.  We are thrilled to have him leading the company during a very dynamic period of growth for our operations.”

“I’m excited about the near- and long-term opportunities, and continuing to work with a team comprised of the most talented professionals in our industry.  Our people and our portfolio are a powerful combination.  DMB’s real estate assets represent the Valley’s finest masterplanned communities and mixed-use properties, and they are poised for significant residential and employment growth,” Freericks said.

Freericks joined DMB Associates in 1997 and has served as the general manager for Verrado and DC Ranch, and as the senior executive in charge of Marley Park and One Scottsdale. His leadership of DMBC in most recent years resulted in DMB protecting and strategically positioning its portfolio of commercial assets, which today are nearly fully leased.

Freericks is active in industry associations and community groups, currently serving Fighter Country Partnership (Luke Air Force Base) as Board Chair since 2006.  He is a full member of the Urban Land Institute, an active member of NAIOP and has served as Chairman for Valley Partnership and the Trust for Public Land (TPL) Arizona.  He’s recognized in the industry for his leadership, market knowledge, and expertise in land and commercial development.

Prior to joining DMB, Freericks served as President of Talley Realty Group after starting his career with Grubb & Ellis.

David Bruner, DMB’s COO, is remaining with DMB through an orderly transition period and returning to his long-time role as investment partner with DMB Circle Road. Bruner started his partnership with the Company more than 20 years ago, working with the partners on a number of strategic land investments and commercial development opportunities.  Three years ago, Bruner brought his real estate and financial expertise to DMB and helped position the Company for the next development cycle.

“A long-time Valley entrepreneur and value-add real estate veteran, David will continue to partner with DMB Associates through his family of companies,” Brown said.

DMB Associates, Inc., will continue to focus on its legacy community projects and partnerships, including DC Ranch, Verrado, Marley Park and Sendero, the newest community within Rancho Mission Viejo in southern California, and will continue to manage its commercial/mixed-use portfolio including One Scottsdale, Centerpoint on Mill and Market Street.  The 3,200-acre Eastmark property, DMB’s newest master-planned community located in the heart of the East Valley, is underway on its first phases of development scheduled for opening in 2013.