Tag Archives: Heritage District

Courtesy of LGE Design Build

Heritage Marketplace enters phase two

LGE Design Build is starting the construction of the second phase of Heritage Marketplace with rapid leasing momentum.

Courtesy of LGE Design Build

Courtesy of LGE Design Build

Phase 2, slated to begin construction in late June with a December completion, is already experiencing strong pre-leasing activity. Phase 1 is complete and 100 percent leased for retail and restaurant spaces.

An integral part of Gilbert’s historic Heritage District, Heritage Marketplace is a family friendly, pedestrian-oriented, mixed-use development in downtown Gilbert located on the northwest corner of Gilbert Road and Vaughn Avenue.

“Heritage Marketplace and its tenants have increased the energy of the Heritage District and further solidified the District’s place as one of the best places to dine in the Phoenix Metropolitan area,” said Scott Powell, economic development administrator for the Town of Gilbert.

The second phase includes two buildings totaling 32KSF with ground floor restaurant and retail space, and second floor office space. The north building is about 10KSF and the south building is about 22KSF.

Heritage 2nd Floor Interiors 309 HDR no logo

Courtesy of LGE Design Build

In Phase 1, LGE has completed 31,000 square feet of a dynamic mixed-use office/retail/restaurant project. Tenants include Lo-Lo’s Chicken & Waffles, Pomo Pizzeria, Barrio Queen, Zinburger and Petersen’s Old-Fashioned Ice Cream.

LGE also has completed the second floor of the building, constructing 3KSF of office space. Pacific Pharmacy Consultants, LLC, a full-service pharmacy brokerage firm, has leased space. Additional space is available for rent.

“Interest from retailers, local restaurants and office users is incredible and the residents of Gilbert are responding equally strong,” said Dave Sellers, president of LGE Design Build. “With 100 percent of the first phase retail and restaurant space leased, we expect the second phase to continue to drive new high-quality tenants.”

Victory Rendering

Seven homebuilders to construct at Verrado

The newest phase of residential development in the Heritage District at Verrado includes seven of Arizona’s most respected homebuilders, adding more than 630 homes to DMB Associates’ Buckeye community, now celebrating its 10th anniversary.

These seven builders, selected for their commitment to quality and design, will offer a mix of residential options. This group of builders includes national, publicly traded, international and local homebuilders. The builder roster includes: AV Homes (NASDAQ: AVHI), Lennar Homes (NYSE: LEN), Maracay Homes (NYSE: WY), Mattamy Homes, Meritage Homes Corporation (NYSE: MTH), Pinnacle West, and William Ryan Homes. These are the first neighborhoods in Verrado to feature models by Lennar, Mattamy, Pinnacle West, William Ryan Homes and AV Homes.

The combined purchase by the homebuilders encompasses approximately 150 acres, totaling sales of just over $45 million. Pinnacle West’s unique green court homes are an exciting addition to the housing options in Verrado.

“Our builders construct homes that offer flexibility, exceed expectations for today’s modern living needs and create a sense of place,” said Dan Kelly, general manager for Verrado. “In addition, the builders are keeping with Verrado’s hometown spirit by creating front porches and diverse, authentic architecture, ideal for Arizona living.”

Home prices start in the mid-200,000s for the new collection of Heritage District homes:

  • AV Homes – 170 lots, 10 home plans ranging from 1,959 to 4,072 square feet
  • Lennar Homes – 22 lots, 5 home plans, ranging from 1,875-2,515 square feet
  • Maracay Homes – 92 lots, 13 new home plans, ranging from 2,063-4,152 square feet
  • Mattamy Homes – 144 lots, 6 home plans, ranging from 1,627–2,947 square feet
  • Meritage Homes – 123 lots, 11 home plans, ranging from 2,200-4,700 square feet
  • Pinnacle West – 82 green court lots, with 4 plans ranging from 1,875-2,515 square feet
  • William Ryan Homes – 82 lots, 4 home plans, ranging from 1,933-2,806 square feet

In total, the Heritage District now includes 2,175 home sites. The District currently offers residents 16 neighborhood parks, and a fire station.

Verrado is launching new amenities concurrent with the construction of this final phase of the Heritage District, which include the opening of 16 additional new parks (total of 32 parks), the resort-styled Heritage Swim Park, a temporary dog park and the Verrado Coffee Company. Verrado also is partnering with the Litchfield Elementary School District to open a new K-8 elementary school that will accommodate up to 950 students.

The deals were brokered by Nate Nathan, Dave Mullard and Casey Christensen of Nathan & Associates Inc. in Scottsdale.

college graduates

Gilbert approves Saint Xavier University Development

The Gilbert Town Council approved a development agreement on Thursday, Nov. 7 that will allow for the construction of Saint Xavier University’s (SXU) 87,000- square-foot satellite campus in the downtown Heritage District of Gilbert, Arizona.

The proposed four-story building will provide students premier access to state-of-the-art technology, smart classrooms, nursing labs and student lounges, as well as gathering and study space. In addition, Gilbert plans to construct a 300-car parking facility located just east of the SXU Gilbert campus.

“It has always been part of our economic development plan to have a faith-based university located in downtown Gilbert. We are thrilled to welcome Saint Xavier University, Chicago’s oldest Catholic University,” said Gilbert Mayor John Lewis. “It’s very important that we can offer our residents opportunities to obtain advanced degrees in a number of academic disciplines within this environment.”

SXU’s Gilbert campus initially plans to offer undergraduate degree completion, adult degree completion and graduate degree programs in the academic disciplines of: Liberal Arts, Business and Nursing. Meeting the lifelong learning needs of a diverse student population has always been an essential component of the Saint Xavier mission. Pending approval by the Arizona accrediting agencies and the Higher Learning Commission, as well as endorsement by Bishop Thomas J. Olmsted of the Roman Catholic Diocese of Phoenix, classes could begin as early as Spring 2015.

“We are honored to be part of the growing legacy of Gilbert and the State of Arizona, and we are pleased to share our own 168-year legacy of rigorous, values-based higher education,” said president Christine M. Wiseman, J.D. “We look forward to building partnerships within the Gilbert community, creating a collaborative learning environment, and working with motivated students from all walks of life.”

“As we finalize our plans for the Gilbert campus, a Senate-endorsed faculty task force will engage the academic and mission-based issues in order to continue guiding this development,” adds Paul DeVito, Ph.D., provost of Saint Xavier University.