Waterview Scottsdale

WATERVIEW SCOTTSDALE A Premier 240-Unit Fully Entitled Multifamily Development Site EAST OF THE NORTHEAST CORNER OF SCOTTSDALE ROAD & CAMELBACK ROAD | SCOTTSDALE, ARIZONA

DOWNTOWN PHOENIX MIDTOWN PHOENIX CAMELBACK MOUNTAIN CAMELBACK CORRIDOR PARADISE VALLEY ARCADIA PHOENICIAN RESORT & GOLF COURSE OPTIMA SONORAN VILLAGE CONDOS SCOTTSDALE PORTALES OPTIMA CAMELVIEW FINANCIAL CENTER OLD TOWN SCOTTSDALE FASHION CENTER VILLAGE CONDOS SCOTTSDALE WATERFRONT CHAPARRAL SUITES SCOTTSDALE ROAD HIGHLAND AVENUE FIRESKY GALLERIA RESORT & SPA SCOTTSDALE CORPORATE CENTER SAFARI DRIVE CHAPARRAL ROAD W HOTEL PLANNED CONDOS 5 STAR HOTEL DOWNTOWN SCOTTSDALE CAMELBACK ROAD ENTERTAINMENT DISTRICT SAGE SCOTTSDALE

David Fogler Steven Nicoluzakis +1 602 224 4443 +1 602 224 4429 [email protected] [email protected] WATERVIEW SCOTTSDALE

THE OFFERING

Cushman & Wakefield is pleased to present a unique opportunity to purchase a 240-unit premier, entitled multifamily development site in Downtown Scottsdale’s prestigious waterfront district. This rare site is located along the Arizona Canal, within walking distance of Scottsdale Fashion Square and Downtown Scottsdale’s world class Entertainment District with its vibrant nightlife. This is truly the best development site currently available in Arizona.

The opportunity consists of approximately 6.1 gross/5.3 net acres of developable land located east of the northeast corner of Scottsdale Road and Camelback Road. This fully entitled development site is approved for 240 residential units and four stories.

Today’s generation of “by choice renters” are looking for a unique and central living environment. WaterView Scottsdale is that exceptional site, providing all of that and more. Located just east of Scottsdale’s premier intersection of Scottsdale and Camelback Roads with frontage along the Arizona Canal, the site offers prestige, convenience and walkability to the best shopping, dining, entertainment venues and workplace spaces in Arizona.

WaterView Scottsdale is adjacent to some of Arizona’s finest shops and restaurants located at Scottsdale Fashion Square, The Waterfront and Southbridge. As Arizona’s premier destination shopping mall, Scottsdale Fashion Square features many of the world’s top retailers including Dillard’s, Nordstrom, Neiman Marcus, Macy’s and a complete line-up of specialty retailers, as well as a new Harkins Theater which features 14 screens and unparalleled luxury amenities. Downtown Scottsdale offers a multitude of restaurants, galleries, entertainment and cultural venues all within a short walk of the site.

Access to employment sources is unsurpassed. Downtown Scottsdale features major employers such as Yelp, Scottsdale Healthcare, Omega Financial, IT Toolbox, Concord Servicing, Sacks Tierney Law, CNA Insurance, Q Financial, McKesson, Blue Global Media, Le Cordon Bleu College of Culinary Arts and Walton Consulting. In addition, the office-laden Camelback Corridor is located only minutes away.

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THE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA

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THE SITE DETAILS

Total Gross Land Area ±6.1 Acres | 265,716 Square Feet 5.262 Acres | 229,223 Square Feet Total Net Land Area (Lot 3- Multifamily/Open Space) Number of Units 240 NOT A PART Density 39.3 DU/AC Gross | 45.6 DU/AC Net Average Unit Size Per Plan 906 Square Feet Total Parking Provided 436 Spaces Approved Building Height 66’ 73rd Street Setback 20’

Approved Building Area (Gross) 262,162 Square Feet

GMP Architects | gmparchitects-la.com Design Architect (213) 234-9118 John Berry | berryriddle.com Zoning Attorney (480) 385-2727 Zoning Case # 19-ZN-2015, City of Scottsdale Development Review Board Approved 5-0 | May 5, 2016 Planning Commission Recommended 6-0 | May 25, 2016 FULLY ENTITLED City Council Approved 5-2 | June 21, 2016 Approved Zoning D/DMU-2 PBD DO, City of Scottsdale

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THE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA

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THE SITE PLAN

GROUND / 1ST LEVEL PLAN

THE ELEVATION

UPPER ROOF LEVEL 55' - 0" MEZZANINE LEVEL 45' - 0" 4TH LEVEL 35' - 0"

3RD LEVEL 50' - 0" 25' - 0" 2ND LEVEL 15' - 0"

1ST/GROUND LEVEL 10' - 0" 10' - 0" 10' - 0" 10' - 0" 10' - 0" 5' - 0"

OPEN SPACE TRAIL ACCESS RESIDENTIAL OPEN SPACE CLUB ROOM / LOBBY LEASING PAVILLION MOTOR COURT

CANAL ELEVATION NORTHERN PORTION 1 CANAL ELEVATION - NORTHERN PORTION 1" = 20'-0"

UPPER ROOF LEVEL 55' - 0" MEZZANINE LEVEL 45' - 0" 4TH LEVEL 35' - 0"

3RD LEVEL 50' - 0" 25' - 0" 2ND LEVEL 15' - 0"

1ST/GROUND LEVEL 10' - 0" 10' - 0" 10' - 0" 10' - 0" 10' - 0" 5' - 0" TRAIL ACCESS VIEW CORRIDOR TWO LEVEL FITNESS PAVILION RESIDENTIAL OPEN SPACE OUTDOOR ADULT RECREATION PAVILLION CANAL BRIDGE

CANAL ELEVATION SOUTHERN PORTION 2 2 1 1" = 20'-0"

ARI ZONA CANAL R E S I D E N T I A L R E S I D E N T I A L S.R.P. SUBSTATION L E OPEN SPACE T H O 7 3 R D S T R E E T C

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04.14.2016

D RESIDENTIAL PROJECT 04.14.2016 . 2.10 0.07 WATERVIEW SCOTTSDALE Downtown Scottsdale Demographics

43.8% 182,727 BACHELOR’S POPULATION DEGREES OR ABOVE

$298,796 MEDIAN HOME VALUE

189,865 $81,326 WORKFORCE AVERAGE HOUSEHOLD INCOME

39.9 MEDIAN AGE WATERVIEW SCOTTSDALE

AREA AMENITIES WITHIN A 1-MILE RADIUS

In Scottsdale, where shopping is a sport, Scottsdale Downtown Scottsdale has the most excitement Fashion Square is considered the MVP. Recognized per city block with dozens of restaurants and over 142 as one of the top visitor destinations in Arizona, 80 nightlife options, including wine bars, lounges, Scottsdale Fashion Square shoppers can indulge sports bars and high-energy dance clubs. No RESTAURANTS in treasures from over 250 stores including Neiman matter what your tastes, you will find a menu Marcus, Nordstrom, Burberry, Kate Spade, Gucci, to satisfy your cravings. Downtown Scottsdale Louis Vuitton, Tiffany & Co., Prada, CH Carolina restaurants include Cowboy Ciao, Barrio Queen, Herrera and Salvatore Ferragamo. The mall recently Sushi Roku, Citizen Public House, The Lodge, 28 added an additional ±130,000 square feet that Roaring Fork, P.F. Chang’s, Culinary Dropout, included a 14-screen Harkins theatre and ±50,000 Olive & Ivy, Wildfish and Sauce. Downtown BARS & square foot Dick’s Sporting Goods. Scottsdale’s entertainment district is the place NIGHTCLUBS to be. Whether its drinks at the bar or a night of Downtown Scottsdale offers a wide range of dancing, there is something for everyone. Party restaurants, entertainment and cultural venues and dance the night away at Downtown favorites, all within a short walk of the site with dozens of Shade or Living Room at the W Hotel, The Mint restaurants and over 80 nightlife options, including or Dierks Bentley’s Whiskey Row. If you prefer a 281 wine bars, lounges, sports bars and high-energy more laid back atmosphere try the rustic-themed RETAIL STORES dance clubs. The Lodge or the old-school Casablanca Lounge. Day or night, enjoy the party beach side in your Adjacent to Scottsdale Fashion Square is the own private cabana at Sunset Beach at the W or Scottsdale Waterfront, a 1.1 million-square foot Maya Day and Nightclub. project that includes retail, office, restaurant and 96 high-rise residential living. Boutique Retailers ARTS, ENTERTAINMENT include Urban Outfitters, High Point, David’s Bridal and Primp & Blow. The Waterfront is home & RECREATION VENUES to the Fiesta Bowl Museum. Cross the Arizona Canal and you will find Southbridge District, with a diverse collection of locally owned stores and 29,075 services. PARKING SPACES

11,856 TOTAL BUSINESSES

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WITHIN A 1-MILE RADIUS AREA SHOPPING

Armani Exchange Foot Locker Pandora Abercrombie & Fitch Forever 21 Papyrus ALDO Fossil Prada Nordstrom GAP Salvatore Ferragamo American Eagle Outfitters Godiva Chocolatier Sephora Ann Taylor Gucci Shoe Palace Anthropologie Guess Steve Madden Bath & Body Works H&M Stuart Weitzman bebe J. Crew Swarovski Hugo Boss Jimmy Choo Talbots Brighton Just Sports Tesla Motors Brookstone Kate Spade The Limited Bvlgari LaCoste Tiffany & Co Burberry Loft Tommy Bahama Cartier Luis Vuitton Tory Burch Charming Charlie Lucky Brand Trendy Pet Charlotte Russe Macy’s Victoria’s Secret Coach MaxMara White House Black Market Crate & Barrel Michael Kors Williams-Sonoma Dick’s Sporting Goods Microsoft Windsor Dillard’s Neiman Marcus Z Gallerie Disney Store Nordstrom Connie’s Pet Styles Escada Oakley The Poisoned Pen Bookstore Bicycle Haus Old Town Candy & Toys Scottsdale Bead Supply 5th Avenue Trading Post Mercedes Benz of Scottsdale Tudor Custom Furniture Affordable Elegance CMS Wine Brokerage Kokopelli Gifts

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WITHIN A 1-MILE RADIUS AREA DINING

Diego Pops Breakfast Club Frank & Lupe’s Chipotle Franco’s Italian Caffe Philadelphia Sandwich Company Fired Pie Kelly’s at Southbridge The Orange Table Five Guys Burgers Salty Señorita El Molino Mexican Restaurant Johnny Rockets Grimaldi’s Pizzeria RnR Kona Grill Tapas Restaurant Gelato Spot Panda Express Touch of Thai Tommy V’s Urban Kitchen Paradise Bakery Flamma Trattoria Restaurant A Jewel of the Crown Cuisine of India Pita Jungle Lunch Express Park Place Bar and Grill Shake Shack Los Olivos Mexican Patio Kona Sushi Thirsty Lion Buca Di Beppo Grazie Pizzeria Z Tejas Posh Sprinkles Cupcakes Charley’s Philly Steaks Sugar Bowl Ice Cream Parlor Suh Noi Little Thaiger Yard House Roaring Fork The Mission Culinary Dropout Pink Pony Restaurant Big B’s Hangover Gill P.F. Chang’s Loco Patron Native New Yorker Wildfish Seafood Grille Carlsbad Tavern Merci French Cafe Zoes Kitchen The Blue Moose Urban Table Sauce Pizza & Wine Stingray Rehab Burger Therapy Olive & Ivy Old Town Tortilla Factory Native New Yorker The Herb Box Eddie’s House Virtu Honest Craft Barrio Queen Bravo Bistro Cafe Forte Tapas Papa Frita Kyoto Japanese Restaurant Bandera Cowboy Ciao The Italian Grotto Citizen Public House Original ChopShop Brat Haus Cafe Monarch FnB Restaurant U.S. Egg Daily Dose The Montauk Pasta Brioni Hula’s Modern Tiki

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WITHIN A 1-MILE RADIUS AREA NIGHTLIFE AREA ARTS • ENTERTAINMENT • RECREATION

AZ 88 Desert Stages Theater Giligins Bar Green Zebra Adventures Rusty Spur Saloon American Fine Art Gallery DJ’s of Scottsdale Stagebrush Theater The Casablanca Lounge Harkins Camelview Theater The Brush Bar Scottsdale Historical Museum Forbidden Scottsdale Artists’ School The Mint Ultra Lounge Trailside Galleries Pattie’s First Ave Lounge Scottsdale Community Players Coach House Tavern Comedy Spot Comedy Club V95 Wine Lounge Stand-Up Scottsdale Comedy Two Brothers Tap House & Brewery Expressions in Bronze Gallery Badwater Brewing VH Spa Side-Door Scottsdale Regency Club Mabels on Main Open Range Gallery Fate Brewing Company King Galleries of Scottsdale Cake Nightclub Arto of Merlot Closing Soon Saloon Indian School Park Tennis Center Hiney Brewery Tilt Gallery Bottled Blonde The Escape Room Dierks Bentley’s Whiskey Row Durapulse Performance Company Majerle’s Sports Grill Mystique Fine Art Maya Day and Night Club Lang Fitness The W Hotel Arizona Tennis Association Smashboxx Night Club Casa De Artistas Blur Nightclub Scottsdale Museum of the West Second Story Liquor Bar Drift Lounge

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THE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA

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AREA EMPLOYMENT

From The Galleria, Scottsdale’s “high-tech” hub, to Downtown Scottsdale Major Employers SkySong, the ASU Scottsdale Innovation Center, employers have made Downtown Scottsdale their Company # of Employees go-to address for doing business. Downtown Scottsdale is the city’s second largest employment Salt River Pima Maricopa Indian Community 5,383 center. Its vital urban environment continues to attract companies looking for the best live-work- Honorhealth 4,475 play environment. General Dynamics Mission Systems 3,000 In December 2013 Mercedes Benz opened a three- story, 115,000-square-foot dealership at Scottsdale CVS Pharmacy 2,800 Road and Highland Avenue. The dealership moved to Downtown Scottsdale after 45 years in Phoenix Scottsdale Insurance Company 1,800 explaining that the move was to locate closer to their customers. McKesson Corporation 1,350

Yelp.com 801

WITHIN A 1-MILE RADIUS Camelback Inn Association 631

The Phoenician Resort 617 270 Nordstrom 560 EXISTING OFFICE Hyatt Regency Scottsdale Resort 495

BUILDINGS First Health Group 469

Topgolf USA 450 3,724,299 Blood Systems 422 EXISTING OFFICE Montelucia Resort and Spa 358 SQUARE FEET

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DOWNTOWN SCOTTSDALE URBAN LIFESTYLE

Downtown Scottsdale features a mix of walkable areas, including a waterfront promenade line with apartments and condominiums, office spaces and restaurants. The area includes western-themed shopping, art galleries, museums, Scottsdale Fashion Square mall and a vibrant nightlife district.

The SCOTTSDALE TROLLEY runs every 10 minutes, 11:00 a.m. to 13,991 9:00 p.m., 7 days a week, providing RESIDENTS WITHIN free rides all around Downtown Scottsdale. WALKING DISTANCE 91 WALK SCORE WALKER’S PARADISE 53 TRANSIT SCORE GOOD TRANSIT

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THE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA

PHOENIX SKY HARBOR MIDTOWN PHOENIX INTERNATIONAL AIRPORT DOWNTOWN PHOENIX PAPAGO PARK CAMELBACK CORRIDOR CAMELBACK MOUNTAIN ARCADIA PHOENICIAN RESORT & GOLF COURSE OPTIMA SONORAN CHAPARRAL ROAD OLD TOWN VILLAGE CONDOS SCOTTSDALE SCOTTSDALE SCOTTSDALE WATERFRONT FASHION CENTER OPTIMA CAMELVIEW GALLERIA VILLAGE CONDOS CORPORATE CENTER PORTALES W HOTEL FINANCIAL CENTER PLANNED SCOTTSDALE ROAD DOWNTOWN SCOTTSDALE 5 STAR HOTEL SAFARI DRIVE ENTERTAINMENT DISTRICT CONDOS CAMELBACK ROAD FIRESKY RESORT & SPA HIGHLAND AVENUE

SAGE SCOTTSDALE PEORIA SCOTTSDALE SURPRISE SUN CITY

GLENDALE FOUNTAIN PHOENIX HILLS PARADISE VALLEY

AVONDALE

GOODYEAR TOLLESON MESA

PHOENIX TEMPE SKY HARBOR AIRPORT GILBERT

CHANDLER QUEEN CREEK A Premier 240-Unit Fully Entitled Multifamily Development Site VIEW RESIDENTIAL LOOKING NORTH DOWN 73RD STREET EAST OF THE NORTHEAST CORNER OF SCOTTSDALE ROAD & CAMELBACK ROAD | SCOTTSDALE, ARIZONA 04.14.2016 0.06 For more information please contact:

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