Office leasing momentum remains strong at SkySong — so much so that the project’s sixth building has now been designed and launched for pre-leasing.
SkySong 6 will be the next building to be constructed at SkySong. Project architects, Butler Design, Group have created cutting-edge design concepts and renderings for the new building, which will have an imposing presence at the hard corner of Scottsdale and McDowell Roads. A key differentiator of SkySong 6 will be 55,000 square foot floor plates — the largest floor plates built along Scottsdale Road in the past 20 years.
With SkySong 5, which is currently under construction and expected to open this summer, already achieving 73 percent occupancy, the time was right to begin thinking about the creation of even more Class A office space at the project.
“We are absolutely thrilled with the SkySong 5’s success and are already looking forward to preleasing on SkySong 6,” said Sharon Harper, President & CEO of Plaza Companies, the master developer of the project. “These two dynamic buildings really illustrate the vision of innovation and technology that makes SkySong so attractive to companies.”
Plaza Companies is the developer of SkySong 5 and 6 and the master developer of the overall SkySong development, in partnership with Holualoa Companies; University Realty, a subsidiary of ASU Enterprise Partners; and the City of Scottsdale.
The approximately 340,000 square foot building SkySong 6 building, features floor-to-ceiling glass windows facing out to the intersection of Scottsdale and McDowell Roads. A large public space will be located on the corner, with a second-story balcony overlooking the area. Construction of SkySong 6 will also include a new parking structure to serve the two newest buildings. SkySong 6 will be integrated into the project with significant pedestrian and bike connections designed to promote health and wellness, outdoor gathering and meeting spaces and other state-of-the-art features.
The Coppola Cheney Group of Lee & Associates, SkySong’s leasing broker, is working with potential tenants on SkySong 6 and leasing the last floor-and-a-half of SkySong 5, and with the project firing on all cylinders from a leasing standpoint, the project team is optimistic that construction will start on SkySong 6 in short order.
Along with SkySong 5, the new Element Hotel at SkySong is near completion and is expected to open by the end of June. SkySong 5 is expected to be granted a certificate of occupancy in July, with a grand opening event to be held in the fall. The first tenants will be moved in and operating in July.
“We continue to see exceptional growth at SkySong as it not only is becoming an important part of the ASU infrastructure, but an ideal home for a broad variety of innovative companies as well,” said Sethuraman Panchanathan, executive vice president of Knowledge Enterprise Development and chief research and innovation officer at ASU. “We are seeing the companies currently located at SkySong continue to grow and innovate, and SkySong continues to attract new companies that have a focus on innovation and technology.”
When SkySong 6 is completed, the overall developed space at SkySong will exceed 1 million square feet.
SkySong is a 42-acre mixed use development designed to:
- Create an ecology of collaboration and innovation among high-profile technology enterprises and related researchers;
- Advance global business objectives of on-site enterprises;
- Raise Arizona’s profile as a global center of innovation through co-location of ASU’s strategic global partners; and
- Create a unique regional economic and social asset.
Companies located at SkySong have the opportunity to partner with Arizona State University, which has more than 90,000 students studying across four metropolitan Phoenix campuses, in Lake Havasu and online. ASU is one of the largest public universities in the nation, with the majority of its students attending its campus in Tempe, Arizona, less than three miles from SkySong.
In addition to locating its own innovative research units at the center, through ASU’s on-site operations, tenant companies have a single point of contact for introductions to researchers, faculty and programs to address their specific needs.