UP AND UP
Sundt Construction has been selected as the construction manager at risk for Tucson Airport’s terminal upgrade beginning in late 2015. The construction budget is between $18M and $23M.
Chandler approved a 50-year ground lease with WingSpan Aviation Center at Chandler Municipal Airport. The first phase of the project includes an 80KSF hangar building that will be equipped with office spaces. Total build-out is expected to take five years for 250KSF of development.
Rule of Three
The modernization of Sky Harbor Terminal 3 began in March. By next summer, larger security checkpoints and airline ticket counter spaces will be complete. Future phases include redesigned concourses and additional retail. There are three architects on the project: DWL, SmithGroupJJR and Corgan.
One of the largest speculative office projects in Phoenix has been more than 35 percent pre-leased. As Airport I-10’s 600KSF phase 1 nears completion, DLS Worldwide, DHL and Pilot Freight Services signed leases at the Wentworth Property Company and Clarion Partners project. JLL handled the leasing.
Plexus Worldwide — a health supplement seller — broke ground on its 70KSF national headquarters at Pima Center on March 30. This will bring the company’s total square-footage in the area to 100KSF. In the last four years, Plexus has grown from a company with an annual income of $1M to $300M.
The CanaMex Interstate 11 freeway study corridor has been extended from Wickenburg to Nogales. This extension on I-11 brings the potential trade route between Canada and Mexico one step closer to reality.
The P.B. Bell Companies has begun construction on Velaire at Aspera, an apartment community within the 75-acre Aspera mixed-use development in Glendale. Velaire at Aspera, expected to open in 2017, will offer 286 luxury apartment homes in a resort-like setting, with amenities that include an electric-car charging station and agility dog park. MT Builders, Inc. will serve as the general contractor on the project. Todd & Associates, Inc. is the architect.
Site work has begun on a 17-acre parcel of land at the NWC of Houghton and Old Vail roads in southeastern Tucson. The area, dubbed Las Plazas at Old Vail, is slated to become a new retail and restaurant hub. CBRE’s Nancy McClure and Michael Laatsch have the marketing assignment.