Tag Archives: salt river devco

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Chaparral Business Center Reaches 91 Percent Occupancy

Salt River Devco announced it has leased 67,734 SF and reached 91 percent occupancy at the Chaparral Business Center. New tenants include education solutions company Edgenuity Inc., internet security firm Sitelock, LLC., mortgage lender New American Funding and title and escrow company Title 365.

Devco, an enterprise of the Salt River Pima-Maricopa Indian Community, is an asset management and commercial development company. It manages 108 acres of land between Chaparral Road and McDonald Drive including seven commercial buildings totaling over 500,000 SF at the Chaparral Business Center. Up to 1 MSF of office, flex industrial, retail and medical uses are planned for the remaining acreage.

We’re pleased our new tenants recognized the value of the 101 Freeway access, close proximity to downtown Scottsdale and the on-site restaurant and conference center amenities of our Courtyard by Marriott hotel,” said Jeff Roberts, asset manager for Salt River Devco.

marriott

Marriott To Open Courtyard Hotel In Scottsdale

Courtyard by Marriott is rolling out its new lobby and room design in Scottsdale, featuring the “refreshing business” makeover.

The 158-room Courtyard Scottsdale Salt River is scheduled to open this month. Located at 5201 N. Pima Rd., the hotel is owned by Salt River Devco and managed by Marriott International.

The Courtyard Scottsdale Salt River is a unique property in numerous ways. First, for its contributions in making the environment a healthier place by reducing waste, conserving energy and water, the hotel is LEED (Leadership in Energy and Environmental Design) designed and is the first hotel in the Marriott family built using Marriott LEED volume certification. Also, it is the first Marriott branded property built on U.S. tribal land and thus has incorporated Pima and Maricopa Indian culture into the hotel. And finally it is the only Courtyard property in Arizona with more than  6,000 SF of functional meeting space.

Located in the Scottsdale 101 Corridor and 13 miles from the Phoenix Sky Harbor International Airport, the Courtyard Scottsdale Salt River offers guests convenient access to Old Town Scottsdale, West World of Scottsdale and Salt River Fields – spring training home of the Arizona Diamondbacks and Colorado Rockies.

Courtyard by Marriott was the first lodging brand exclusively designed for business travel by business travelers. And now it has completely redefined the hotel lobby experience. This Marriott International “power brand” is fast-tracking its lobby makeover.

From day one, Courtyard has prided itself as a brand that listens to what business travelers want from a hotel,” said Janis Milham, vice president, Global Brand Manager, Courtyard by Marriott. “Guests want more control and choice with services and amenities that create a healthy balance between working and relaxing. We redefined the Courtyard lobby so it invites guests to get out of their rooms to work, socialize or for entertainment, whether traveling alone or with colleagues.”

The open, bright and contemporary new Courtyard hotel lobby welcomes guests with vivid colors. The traditional front desk is replaced with separate welcome pedestals to create more personal and private interactions when guests check in. This will allow staff to move about to show guests the lobby features and provide assistance. Flexible seating options range from communal tables in the middle of the action, to more private media booths with high-definition televisions, to a more intimate, semi-enclosed lounge area.

A signature element of the new lobby is the exclusive GoBoard® technology, a 55-inch LCD touch screen packed with local information, maps, weather, and news, business and sports headlines. Guests can navigate using the touch screen to find restaurants, local attractions and directions.

Guests can connect to free WiFi and there are ample electrical outlets throughout the lobby to power digital devices. The enlarged business library features several complimentary computer terminals along with a free printer and separate computer stations dedicated to printing airline boarding passes and checking flight status.

Dining has been completely redesigned with The Bistro – Eat. Drink. Connect.; offering casual, flexible seating; easier access to food and higher quality, healthier menu options for breakfast; and light evening fare, including snacks, wine and beer so guests can unwind. The MarketTM, a 24/7 shop for snacks, beverages and sundries, is always open for late-night cravings or the toothpaste you forgot to pack.

The four-story hotel features The Bistro restaurant serving breakfast, lunch and dinner, and a Bistro Plus offering sit-down dinner service with an upgraded menu, an outdoor swimming pool with whirlpool spa, fitness center, guest laundry and business center.

For more information on Courtyard by Marriott, visit Courtyard by Marriott’s website at marriott.com/courtyard.

Salt River Devco, Courtyard by Marriott - AZRE Magazine September/October 2011

Salt River Devco, Ak-Chin Indian Community And Tribes Diversifying Their Holdings

Salt River Devco, Ak-Chin Indian Community And Arizona’s Native American tribes are diversifying their holdings through added infrastructure, business parks and development partners

When it comes to large construction projects on Indian lands, casinos and the hospitality industry supporting them generally dominate the public’s consciousness on the subject.
Powerhouse revenue generators such as Talking Stick Casino and Resort, Wild Horse Pass Hotel & Casino and the plethora of other gaming-related projects completed in recent years support the notion.

But even those welcomed construction projects during an otherwise bleak period in the state’s commercial construction history should be viewed as the end of the boom period for casino projects, some observers say.

“A lot of tribes started in gaming and that’s consumed their focus,” says Vince Lujan, president of Salt River Devco, an entity of the Salt River Pima-Maricopa Indian Community. Salt River Devco’s charge is to attract non-gaming related development to Indian community lands. “Now they want to diversify their holdings.”

Developing a game plan

If the build-out of casinos and their ancillary projects has indeed begun, as some suggest, Arizona tribes have already recognized the need to broaden their holdings. Several have launched into non-gaming development with little fanfare — but with the belief those projects will either keep generating revenue for the tribe and/or provide a higher quality of life for their members.

In many instances such projects are underway. The Ak-Chin Indian Community’s waste reclamation facility already is making life easier for tribal members. In other cases, tribes, such as the SRP-MIC, are aggressively adding tenants to their business park.

In addition to the spectacular Fields at Talking Stick spring training baseball facility that the SRP-MIC added to its holdings last year, it has also been ambitious in trying to grow its industrial park with tenants. Chaparral Business Center sits off Loop 101 in an area considered geographically prime because of its proximity to Scottsdale.

The 55-acre park is only partially developed, but Salt River Devco is working hard to change that.

“We want to help the community develop a general land use plan for the 101 corridor,” says Jeff Roberts, Salt River Devco’s asset manager.

That plan calls for medical, retail and light industrial and Salt River Devco is touting its build-to-suit plans to prospective tenants.

In the buildings currently completed, occupancy runs at about 90%, Roberts says. Fender Musical Instruments, William Lyon Homes, Arthur J. Gallagher Risk Management and Insurance Co. are among the current tenants.

The tribe’s biggest commercial project currently underway is the $22M Scottsdale 101 Courtyard by Marriott on the NEC of Pima and Vista Drive, just south of McDowell Ave. When completed in January, it will feature 158 rooms, a 3,000 SF conference center and will be pursuing LEED certification.

Catering to business travelers and spring training guests, the hotel (Marriott’s first on tribal land) is just the kind of project that will boost the industrial park’s attractiveness in addition to supporting the casino and resort,  Roberts says.

“What the 101 corridor has it lots of available land in a desirable locations,” he says. “We want to position ourselves to propose new development to users.”

Because tribes generally don’t have a property tax base to help generate revenue, they are always on the lookout about how to generate revenue through sales taxes or other types of taxes, Lujan says.

Upgrading infrastructure

At Ak-Chin Indian Community in Pinal County, it is just wrapping up construction of a new water reclamation project and breaking ground on another surface water treatment plant.

The water reclamation facility is a $43M project that had been underway since September 2009. With 13 miles of new pipelines and pumping structures along with a 28,000 SF operations facility, the project  has received several awards for its architects, Carollo Engineers, and general contractor, MGC Contractors.

In June, the tribe started construction on the surface water treatment plant. That $18M project being built by PCL Construction is expected to be completed in July 2012.

“In order to support future growth and expansion, we realized there was a need to upgrade our infrastructure,” says Jayne Long, Ak-Chin capital projects manager.

Other Ak-Chin projects include the recent completion of a white shell building in May at its 110-acre industrial park. They are also planning for a second building at the Santa Cruz Commerce Center. Current tenants include Hickman’s Eggs, M&S Machinery, Hit & Pitch and Crossfit Battlefit. The tribe also owns a golf course and regional airport. At both sites, they plan to make improvements.

And in July, it began construction on a 6,500 SF grocery store within the reservation. The Vekol Market will be completed in November, giving tribal members a true grocery store shopping experience.

“The Community has gotten bonding or bank financing on some of these projects,” Long says. “But this community was self sufficient before they had casino operations from its agricultural interests.”

Still, the tribe’s 16-year affiliation with Harrah’s has been a major impetus behind its ability to take on so many projects. It continues to build homes for its members and just completed a new fire station. It is currently in the design stage for a justice complex that will include a police station, detention facility and court. That 50,000 SF project could break ground in 1Q 2012.

It also plans to make improvements to the Ak-Chin Southern Dunes Golf Club, which it acquired last year, and the Phoenix Regional Airport, which it owns.

That’s in addition to the recently completed expansion project at Harrah’s Casino, which doubled its room capacity with the opneing of a five-story addition. The $20M project was financed by the tribe. Harrah’s manages all aspects of the gaming operation and the hotel.

Looking to the future

Casino Del Sol Hotel Lobby, Pascua Yaqui TribeStill, the recession has hurt tribal development just as it has all development.

“The boom years are over,” says Dan Lewis, a Native American market sector leader in the Phoenix office for Leo A Daly, an international architectural, engineering, planning and interior design firm. “Now the focus is on maintaining casino competitiveness and meeting the needs of its members.”

Lewis’ firm just wrapped up design additions to the Pascua Yaqui Tribe’s Casino Del Sol in Tucson. The project included the addition of a hotel, conference center, parking garage, laundry facility and warehouse to the existing 213,000 SF casino.

Peridot Healthcare Center - AZRE Magazine September/October 2011

In Peridot, the $80.2M San Carlos Apache Healthcare Center is scheduled to open in 4Q 2013. The 184,000 SF facility will be a replacement hospital campus for the San Carlos Apache Tribe. It will consist of five buildings on a 50-acre site. The buildings include an ambulatory hospital, behavioral health building, dentistry building, public health building and EMS building.

At the Gila River Indian Community, an upscale premium outlet mall is the latest addition the tribe’s portfolio. The project is expected to break ground in 1Q 2012. It will eventually reach 360,000 SF and feature 90 designer name-brand outlets stores. Plans call for the mall to cover 45 acres.

“The conception for this came quite a few years ago,” says Alia Maisonet, director of communications and public affairs for the tribe. “Then the recession hit and slowed down plans.”

But the tribe recently received word from Simon Premium Outlets that it wanted to move forward. The mall will be next to Wild Horse Pass Hotel & Casino on land previously designated for economic development. The project is expected to generate at least $2.6M in sales taxes.

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For more information about Salt River Devco, Ak-Chin and others mentioned in this story, visit the following links:

www.ak-chin.nsn.us
www.leoadaly.com
www.gilariver.org
www.saltriverdevco.com
www.sancarlosapache.com
www.srpmic-nsn.gov

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AZRE Magazine September/October 2011

 

Salt River Courtyard Marriott, AZRE July/August 2011

Hospitality: Salt River Scottsdale 101 Courtyard By Marriott


SALT RIVER SCOTTSDALE 101 COURTYARD BY MARRIOTT

Developer: Salt River Devco
General contractor: W.E. O’Neil
Architect: PK Architects
Location: Pima Rd. north of Chaparral Rd., Scottsdale
Size: 96,705 SF

The $22M, 156-room hotel will be the first Marriott property to be built on tribal land. The 4-story hotel will include a bistro and 3,000 SF conference center. It is less than 2 miles from Salt River Fields at Talking Stick, spring training home of the Arizona Diamondbacks and the Colorado Rockies. Completion is expected by 1Q 2012.


AZRE July/August 2011
Newsmakers, AZRE Magazine March/April 20111

Newsmakers: AZRE Magazine March/April 2011

Newsmakers: March/April 2011

Rommie Mojahedand Mary Ridberg were appointed directors of leasing for the Phoenix office of Sperry Van Ness. Mojahed and Ridberg will be responsible for recruiting, business development and growth of the leasing team.

Brian Smuckler and Jeff Seaman joined CB Richard Ellis’ Multi-Housing Private Client Group in Phoenix. Smuckler, senior vice president, and Seaman, senior associate, will form a new team working with private-capital multi-family investors. Smuckler, who leads the team, comes to CBRE from Marcus & Millichap, where he was a director of the National Multi-Housing Group. Seaman also joins CBRE from Marcus & Millichap, where he was a senior associate. CBRE also hired Timothy Keating as senior office operations manager.

The Plaza Companies announced it is opening a new Tucson office and hired a leasing professional. Plaza Companies currently provides property management and leasing services to three medical office properties in the Tucson area: Academy Medical, Desert Medical Center, and LaCholla Medical Center. Plaza Companies has hired Lauri Abbinante, a Tucson resident who has worked in the Tucson brokerage community for more than nine years, as senior portfolio manager and leasing specialist.

Commercial Properties Inc. (CPI) has added 11 new agents over the past few months at its Tempe and Scottsdale locations. They are: John Soldo, Trent Rustan, Josh Gosnell and Brandon Koplin, Tempe; and Nicholas Miner, David Verwer, Homer Savard, Donn Kinzle, Sam Walker, Phill Tomlinson and Bob Deininger, Scottsdale

Quarles & Brady announced that Brian Booker, a partner in the firm’s Phoenix office, has been appointed to the board of directors of The Wellness Community. Booker’s practice focuses on commercial litigation with emphasis in commercial and professional liability, real estate, securities fraud and products liability.

Grubb & Ellis announced that Robert Stephens has joined the company as vice president, Industrial Group. Specializing in the representation of industrial tenants and landlords, Stephens joins Grubb & Ellis from Cushman & Wakefield, where he spent 15 years as a senior director. Grubb & Ellis also announced that Andrew Banister and Alan Gillespie joined the company’s Investment Services group as senior vice president and vice president, respectively. They will specialize in the sale of office and industrial properties.

DLR Group recognized seven individuals at its regional annual meeting. They were rewarded for their commitment to the firm and willingness to accept and excel in leadership roles. David Boehm was appointed as senior principal; Scott Shively was promoted to principal; Elizabeth Rendon and Eric Loos were promoted to senior associates; and Karen Heck, Rickey Austin, Andrew Dunlap and Jason Hocking were promoted to associates.

CB Richard Ellis promoted Gavin McPhie to managing director of its Valuation & Advisory Services (VAS) Group in Phoenix. McPhie, who has nearly 10 years of real estate appraisal and consulting experience, joined CBRE in 2005. CBRE also hired Timothy Keating as senior office operations manager.

NAI Horizon added Rick Foss to its Industrial Properties Group. He has spent the past 10 years representing a wide range of industries in the acquisition of their real estate facilities. Prior to joining NAI, Foss worked at Insignia ESG, Grubb & Ellis and Cassidy Turley | BRE Commercial in Phoenix.

Grubb & Ellis announced that Jeffrey Chalfin has joined the company as vice president, Investment Services. Chalfin specializes in the sale of multi-tenant retail assets and joins Grubb & Ellis from Sperry Van Ness, where he began his career in 1998.

Mortenson Construction promoted Paul Kitching to director of operations. Kitching has been with Mortenson since 1997 through the joint venture project, Minnesota Correctional Facility in Rush City, Minn. He became an official Mortenson team member in the Minneapolis office in 2000, with a focus in sports and healthcare

Gilbane Building Company named D. Thomas Goderre district operations manager in its Phoenix office. Goderre will manage all of Gilbane’s business and construction operations throughout the district.

Cassidy Turley | BRE Commercial announced that Scott Boardman has joined the company’s Office Services Group as a senior associate. Boardman will be partnering with senior VPs Trevor Klinkhamer and Jeff Hartland to form a new Office Services Group team.

Cushman & Wakefield promoted Will Strong to the senior associate post within the Bo Mills and Mark Detmer Industrial Specialty Group. Strong specializes in representing and consulting corporate tenants, institutional landlords and developers in the acquisition, development and disposition of industrial real estate.

Sundt Construction promoted three employees: Thomas Mertz to senior vice president and manager of Sundt’s federal division (formerly vice president of business development); Herbert Chong to vice president of business development (formerly project director); and Gregory Ayres to area manager (formerly senior project manager).

Vince Lujan accepted the position of president and CEO of Salt River Devco, the asset management and commercial development company for the Salt River Pima-Maricopa Indian Community. Lujan, a Pueblo Indian from New Mexico, served as interim president and CEO of Devco since March 2010. Jeff Roberts was appointed asset manager and will oversee management of six commercial office buildings totaling 370,000 SF in Chaparral Business Park.

Jones Lang LaSalle vice president Jason Moore moved from the agency to the tenant representation team in the company’s Phoenix office. Moore will specialize exclusively on tenant representation and consultation for corporate clients in Phoenix.

AZRE Magazine March/April 2011