Kitchell, DAVIS and Banner Health captured top honors Thursday night as Arizona Commercial Real Estate Magazine held the 7th Annual, 2012 RED Awards (Real Estate and Development) to recognize the biggest, best and most notable commercial real estate projects and transactions of 2011.
The event drew more than 400 CRE professionals to the Arizona Biltmore as winners and honorable mentions were selected from a record 116 nominations received in 12 project categories and individual and team broker categories.
Education: NAU Health & Learning Center; Healthcare: Banner MD Anderson Cancer Center; Hospitality: Casino Del Sol Hotel Convention Center and Parking Structure Expansion; Industrial: Crescent Crown Distribution; Most Challenging: Arizona Science Center Phase III Remodification; Multi-Family: Phoenix Towers Terrace; Office: UniSource Energy Corporate Office; Public: Maricopa County Downtown Court Tower; Redevelopment: The Q Building at Paradise Valley Community College; Retail: American Sports Complex-Retail Center; Most Sustainable: Phoenix Children’s Hospital; and Tenant Improvement: Gap Fulfillment Center.
On March 1, AZRE hosted the 7th Annual RED Awards reception at the Arizona Biltmore in Phoenix to recognize the most notable commercial real estate projects of 2011 and the construction teams involved. AZRE held an open call for nominations and a record 116 projects were submitted by architects, contractors, developers and brokerage firms in Arizona. This year, the winner for Best Retail Project was iPic Theater /Tanzy/Salt.
Best Retail Project
iPic Theater /Tanzy/Salt
Developer: iPic Theaters Contractor: A.R. Mays Construction Architect: TK Architects Size: 50,000 SF Location: 15257 N. Scottsdale Rd, Scottsdale Completed: January, 2011
The iPic Theater $6M retail project, an innovative movie and dining experience, took less than five months to complete at Scottsdale Quarter. The construction team overcame several challenges to produce a unique retail experience: limited scheduling, and weight restrictions involving acoustic concrete slabs. Working with an out-of-state architect and owner on this new prototype also presented challenges for the construction team. Changes were made from the beginning until almost opening day. Amenities include LED lighting around the radius of the shimmer screens, which adds to the theatrical ambiance. At Salt, patrons sit at an oval-shaped bar set before a 28-foot-tall backlit wine bottle display.