DOCSLIB.ORG

12 San Marcos Resort's New Owner Plans Renovation of Property 21 24

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
12 San Marcos Resort's New Owner Plans Renovation of Property 21 24 Tuesday Volume 3 Issue 100 Issue Date: February 12, 2013 CONNECTING THE LOCAL BUILDING INDUSTRY San Marcos Resort’s New Owner Plans Renovation of Property By Michelle Interwest Capital, which purchased The hotel, which will remain a Crowne $23.9M loan. San Marcos Capital filed Mitchell for The Chandler’s historical Crowne Plaza Plaza, will not close during renovation for bankruptcy in March 2011. San Marcos Resort Hotel on January and all existing reservations will Arizona Republic This $11M sale to Interwest Capital is 28, plans a top-to-bottom renovation, be honored, said Ashleigh Mason, about 67 percent of what Guaranty including revamping guest rooms director of development with GF Bank and Trust Company paid in and meeting spaces and improving Management. November 2011 to foreclose the the golf course and grounds, said The San Marcos, which opened in property in a trustee sale. Karl Coleman, president of Interwest 1913, has 250 rooms and 35K square Capital. The Interwest deal comes more than feet of meeting space. President two years after the resort was taken “Our goal is to have that finished Herbert Hoover, dancer-actor Fred over by the receiver, although those this year so we can celebrate the Astaire and other celebrities have connected to the property had said centennial of the hotel,” Coleman stayed there. publicly that interested buyers were said. The future of the hotel, at Arizona moving forward on the property. The remodeling will not detract from Avenue and Chandler Boulevard, has Read more at AZCentral. Note: the historic designation of the hotel, been uncertain since October 2010, AZCentral is now premium content. he said. when it was taken over by a court- Readers are permitted 20 free article appointed receiver when San Marcos views per month. Capital Partners defaulted on a AZBEX Note: The renovation, for which a cost is not being released, will completely remodel all public and meeting spaces, and upgrade all guest rooms and casitas. Interwest, the property owner, is in negotiations with a select list of architects and contractors and expects to announce the selected firms within a matter of weeks. Project Solicitations in this Issue: 23 Design/Consultants 39 Horizontal 24 Commercial 21 Products & Equipment 8 Development Opps 30 Utilities 33 Maintenance 12 Permits Issued The Arizona Builder’s Exchange is a compilation of information gathered from the public domain. Individual articles are protected by their respective copyright. The publication as a whole is copyright protected to the Arizona Builder’s Exchange. To forward or share the information with others outside of your firm is a violation of that copyright, punishable by law. 2 Volume 3, Issue 100 Table of Contents Articles 5 3 Maricopa Business Incubator Hailed As Boon for The City 4 Business Investment Needed for Navajo Nation’s Future 5 Light Rail Spurs Fourth Mesa Housing Proposal 6 1M SF Getting Underway at Surprise Skyway Business Park 6 Estrella Falls to Open by 2016 7 Tucson, Rio Nuevo Kiss and Make Up After 2-Year Spat 8 Peoria Park’s Solar-Power Lights Fail 6 9 Going Places? Post Bust is Inflection Point for Phoenix 9 Somerton Redevelopment Plan Adopted 10 Tucson Plan Keeps Major Bus Hub Downtown 11 ASU Moves Baseball Program to Phoenix Municipal Stadium 11 Yuma City Council Endorses Tribal Health Center 12 Federal Government Looking Beyond LEED 13 Mission Accomplished for Rally Point Alpha 13 First Solar Now Second in Global Solar Production 11 13 Two Yuma Businesses Receive Economic Development Grants 14 Luring Firms Across State Lines 15 Phoenix-area housing: Today’s land sales, tomorrow’s growth 18 E-Commerce Plays Major Role in Industrial Sector Growth Sections 12 Classifieds 13 16 Permits Issued 17 Commercial Real Estate News 19 Industry Events Project Opportunities 22 Planning/Design/Inspection/Consultant 25 Development Opportunities 26 Horizontal 18 31 Utilities 34 Commercial 38 Maintenance & Alterations 40 Products & Equipment 42 Pre-Solicitations 3 Tuesday, February 12, 2013 Maricopa Business Incubator Advances, Meet the Hailed As Boon for The City Team! By Shelley Maricopa is finalizing the launch of a business incubator, among several programs on its agenda to bring Gillespie for the Publisher opportunities and services to the community. Rebekah Morris - Arizona Republic Gotye The ripple effect of the city moving forward on the projects 480-709-4190 could be a loss of business for neighboring Ahwatukee, [email protected] Tempe and Chandler, where Maricopa residents drive to get what they can’t get nearby. Rachel Kettenhofen - Editor Micah Miranda, Maricopa director of economic Fun development, says that the business incubator would be 480-227-2620 “an in-depth program designed to foster and encourage entrepreneurial thinking with support services and [email protected] everything a business needs in its life cycle.” Eric Jay Toll - Senior Correspondent Maricopa, a sleepy town of 1,040 in the 2000 U.S. Census, The Black Keys has exploded by 4,269 percent to an estimated population of 44,396 in 2011 by the Census Bureau. Along the way, 602-617-3797 Miranda says, he has been part of building a city from [email protected] scratch. Michele Carey - General Manager Also coming to Maricopa: Maroon 5 • Multigenerational center and regional park. Both 480-686-4315 are to be completed in March 2014. [email protected] • City Hall and police station to be completed by November. Arizona Builders Exchange • The Boyer Company is partnering with Maricopa 1400 E Indian School Road to build an industrial and office park on the Phoenix, AZ 85014 Estrella Gin property. • A multimillion-dollar grade separation of the AZBEX News Union Pacific Railroad and Arizona 347 Read more at AZCentral. We hit our 300th Issue! Note: AZCentral is now premium content. Readers are permitted 20 free article views per month. AZBEX - Tip of the Week Our Classifieds section is picking up new job openings. Make sure to check them out on page 12 Editor’s Picks from the Last Issue • Second San Carlos Casino Planned Near Oracle Maricopa City Manager Brenda Fischer and Economic Development Director Micah • Branding Effort Would Catapult Miranda at a recent groundbreaking ceremony of Maricopa’s regional park. Arizona Economy Photo Credit: Shelley Gillespie /Special for The Republic Click here to return to Table of Contents 4 Volume 3, Issue 100 Business Investment Needed for Navajo Nation’s Future By Eric Jay Toll for “We can no longer sit in the pas- senger’s seat of receiving royalties Arizona Builder’s and taxes, while others dictate our Exchange direction,” Navajo Nation President Ben Shelly told the Navajo Nation Council in his annual State of the Na- tion address. Economic development initiatives by the nation are planned to broaden the largest Indian nation’s opportunities. Shelly’s primary program creates a holding company, Narbona Growth Fund, allowing the Nation to create subsidiary companies. Narbona will have a corporate structure with the Diné, the Navajo people, as preferred stockholders and the Dinétah, the Na- vajo Nation, holding the common—or voting—stock. The initiative must be Crews continue work on Twin Arrows Casino 20 miles east of Flagstaff, Ariz. Gaming approved by the Nation council, and officials expect the casino to open in May. Submitted photo. that action could come this summer. Photo Credit: Navajo-Hopi Observer He lauded a new data center that SB 1283 Might Create Indian County mission school between Gallup and opened in Shiprock, N.M., and is run Grants sits on I-40 and the rail line. Meanwhile, in the Capitol, Senate Bill by Navajo Tribal Utility Authority It’s a setting similar to the proposed 1283 cleared its first committee hear- Wireless. Union Pacific rail classification yard at ings with a unanimous recommenda- Picacho. Navajo Push for $1B EB-5 to Lure tion. The bill calls for a committee to Foreign Investment study creating a Northeast Arizona BNSF is putting $5M into the first county encompassing the Navajo and phase of the project, which still needs At the same time, Scottsdale-based Hopi nations. If signed, the commit- approval from the Navajo’s Invest- Empyrean West LLC and Global tee will submit its report December ment Committee. Private Funding, Inc., Los Angeles, 31 on the feasibility of carving out a are joining with the Nation to form Navajo leaders met with the Israeli huge chunk of Coconino, Apache and an EB-5 regional center for foreign Counsel-General about potential rela- Navajo counties to make the new investment to attract $1B in energy, tionships bringing agritech opportuni- county. transportation, broadband, and other ties to the Nation. Israeli companies projects. With a landmass the size of In light of Shelly’s speech and the have advanced technology in desert- West Virginia, the Navajo Nation is pending legislation, the winds seem region farming and systems to recycle the largest reservation on U.S. soil. to be shifting to encourage the Diné- as much as 80 percent of agricultural Its borders encompass land in Utah, tah to focus on economic indepen- water. Arizona and New Mexico, with the dence and other revenue sources Casinos Not Navajo Economic Devel- largest portion being in the Grand instead of depending on federal opment Direction Canyon State. money. The continuing national bud- get reductions could ultimately hurt More than 800 people—with a prefer- These initiatives will funnel taxes and Indian nation financial stability. ence for Navajo tribal members—will other revenues into the Navajo nation be hired by the new Twin Arrows Casi- rather than the federal government. Two other bills, SB 1319 and HB 2522 no Resort opening in May. The second The EB-5 corporations open the op- would create the county without the of the Tribe’s gaming establishments portunity for a foreign investor to put study, but both face a lot of opposi- does not reflect Diné plans to expand money into play with the Tribe and be tion and may not even get a commit- gaming as a revenue source.
Load more

Recommended publications
  • Arizona State University June 30, 2005 Financial Report
    2005 FINANCIAL REPORT On the front cover Clockwise from the top – In August 2004 ASU welcomed 58,156 students to its campuses. Included were 162 National Merit Scholars and over 7,700 fi rst time freshmen. More than 27% of the fi rst time freshmen on the campuses were rated in the top 10% of their high school graduating classes. During the past 11 years ASU has had more students than any other public university selected for the USA Today’s ranking of the nation’s top 20 undergraduates. When compared against private universities, ASU ranks 3rd overall in students selected for this ranking. ASU’s student population represents all 50 states and more than 140 nations. As a part of the University’s initiatives to enhance the freshmen classroom experience, the average class size of core freshmen classes, such as English composition and college algebra courses, has been reduced. ASU’s Barrett Honors College is considered among the top honors colleges in the nation and selectively recruits academically outstanding undergraduates. In the 2004/2005 academic year ASU had one of the largest classes of freshmen National Merit Scholars of any public university. ASU is committed to community outreach through its schools and colleges, non academic departments, and student organizations. Often these programs involve interaction with local schools or neighborhoods. Programs include helping American Indian students who have an interest in health care programs explore those interests in the nursing, math, and science fi elds; exposing the children of migrant farm workers to various technology programs and equipment; providing professional development resources to Arizona’s K 12 teachers through a web portal; and preparing minority engineering students for the college experience.
    [Show full text]
  • 20May200921180164
    Exhibit 99.2 20MAY200921180164 Supplemental Financial Information For the three months ended March 31, 2010 The Macerich Company Supplemental Financial and Operating Information Table of Contents All information included in this supplemental financial package is unaudited, unless otherwise indicated. Page No. Corporate Overview ...................................................... 1-3 Overview .............................................................. 1 Capital information and market capitalization ................................... 2 Changes in total common and equivalent shares/units .............................. 3 Financial Data .......................................................... 4-5 Supplemental FFO information .............................................. 4 Capital expenditures ...................................................... 5 Operational Data ........................................................ 6-9 Sales per square foot ..................................................... 6 Occupancy ............................................................. 7 Rent................................................................. 8 Cost of occupancy ....................................................... 9 Balance Sheet Information ................................................. 10-13 Summarized balance sheet information ........................................ 10 Debt summary .......................................................... 11 Outstanding debt by maturity date ...........................................
    [Show full text]
  • Capital Improvement Plan 2018-2020 FISCAL YEARS 2018-2020 CAPITAL IMPROVEMENT PLAN
    Capital Improvement Plan 2018-2020 FISCAL YEARS 2018-2020 CAPITAL IMPROVEMENT PLAN SUBMITTED FOR APPROVAL BY THE ARIZONA BOARD OF REGENTS SEPTEMBER 2016 Dear Members of the Arizona Board of Regents: On behalf of Arizona State University, I am pleased to present the ASU FY 2018-2020 Capital Improvement Plan (CIP). ASU continues to make meaningful progress in its evolution as a model for 21st century higher education, dedicated to access, excellence and impact. In keeping with the ambitious trajectory reflected in the ASU Strategic Enterprise Framework and the ASU Campus Master Plan, the projects proposed in this CIP focus on addressing the need for sustainable facilities that support the achievement of our institutional objectives. For this CIP, ASU has set as an FY 2018 priority a new, energy-efficient parking structure that will be located adjacent to the core of the Tempe campus and downtown Tempe. The multi-tiered structure will replace existing surface parking that will be displaced by planned new development on this site. This project is intended to provide students, faculty and staff with a high-quality facility that will enable their success and support the key elements of ASU’S Strategic Enterprise Framework, including: - Achieving a 57 percent increase in degree production - Establishing national standing in academic quality and the impact of colleges and schools in every field - Enhancing local impact and social embeddedness - Expanding research performance to $815 million in annual research expenditures by 2025 Details regarding this proposed project can be found in the Three-Year Capital Improvement Plan and the FY 2018 Project Description tab.
    [Show full text]
  • 7Jan201320492499 26Jul201619053826
    7JAN201320492499 Exhibit 99.2 Supplemental Financial Information For the three and six months ended June 30, 2016 26JUL201619053826 The Macerich Company Supplemental Financial and Operating Information Table of Contents All information included in this supplemental financial package is unaudited, unless otherwise indicated. Page No. Corporate Overview ....................................................... 1-3 Overview .............................................................. 1 Capital Information and Market Capitalization ................................... 2 Changes in Total Common and Equivalent Shares/Units ............................ 3 Financial Data .......................................................... 4-9 Unaudited Pro Rata Statement of Operations .................................... 5-6 Notes to Unaudited Pro Rata Statement of Operations ............................. 7 Unaudited Pro Rata Balance Sheet ........................................... 8 2016 Guidance Range ..................................................... 9 Supplemental FFO Information .............................................. 10 Capital Expenditures ...................................................... 11 Operational Data ........................................................ 12-26 Sales Per Square Foot ..................................................... 12 Sales Per Square Foot by Property Ranking ..................................... 13-16 Occupancy ............................................................. 17 Average Base Rent Per Square
    [Show full text]
  • State of Arizona of This Land
    SUBDIVISIO DISCLOSURE REPORT (PUBLIC REPORT) FOR LAS BRISAS PHASE 1 aka THE DISCOVERY COLLECTIO AT LAS BRISAS and THE ECORE COLLECTIO AT LAS BRISAS Registration No. DM10-055224 SUBDIVIDER TM HOMES OF ARIZONA, INC., an Arizona corporation 9000 East Pima Center Parkway, Suite 350 Scottsdale, Arizona 85258 Effective Date: FEBRUARY 24, 2010 PROPERTY REPORT DISCLAIMER This report is NOT A RECOMMENDATION NOR AN ENDORSEMENT by the State of Arizona of this land. The application and public report have not been subjected to a detailed examination by the Department. The report was prepared by the subdivider and none of the information in this report has been verified by the Department; all information has been accepted by the Department as true and accurate based on attestation of the subdivider/or the subdivider’s agents. The purchaser should verify all facts before signing any documents. The Department assumes no responsibility for the quality or quantity of any improvement in this development . THIS DEVELOPMET IS LOCATED WITHI TERRITORY I THE VICIITY OF A MILITARY AIRPORT. THE DEPARTMET MAITAIS A REGISTRY OF IFORMATIO PROVIDED BY THE MILITARY AIRPORT. THE REGISTRY ICLUDES MAPS OF MILITARY FLIGHT OPERATIOS AD A MAP SHOWIG THE EXTERIOR BOUDARIES OF EACH TERRITORY AD HIGH OISE OR ACCIDET POTETIAL ZOE. THIS IFORMATIO IS AVAILABLE TO THE PUBLIC O REQUEST. STATE OF ARIZOA DEPARTMET OF REAL ESTATE TUCSON OFFICE: PHOENIX OFFICE: 400 West Congress 2910 N. 44 th Street Suite 523 Suite 130 Tucson, Arizona 85701 Phoenix, Arizona 85018 (520) 628-6940 (602) 771-7750 FORM P2 1/22/2009 1 Contents GENERAL ....................................................................................................................................................
    [Show full text]
  • The Market at Estrella Falls Goodyear, Arizona
    The Market at Estrella Falls Goodyear, Arizona EXPERIENCE OUR PROPERTY: THE MARKET AT ESTRELLA FALLS Situated in the heart of Goodyear, Arizona, The Market at Estrella Falls provides the vast population around the growing metropolitan suburb a destination of national retailers, premier dining options and entertainment. TJ Maxx, Home Goods and Old Navy are a few of the anchored brands spanning over the 284,000 square feet of property, with plans to further expand the mixed-used development in the near future. INSTITUTIONAL QUALITY ASSET The Market at Estrella Falls is an institutional quality asset which has been carefully maintained by one of the country’s leading owners, operators and developers of shopping centers. Macerich was founded in 1964 and has ownership interests in over 50 regional and community/power shopping centers consisting of approximately 54 million square feet. Macerich is a publicly traded REIT (NYSE: MAC) known for operating best in class retail properties and maintaining them to the highest standards. 13 PROPERTY SUMMARY • 284,000 square foot mixed use property features a nice blend of retailers and restaurants. • 1,488 parking spaces LOCATION SITE Address: NEC McDowell Rd & Pebble Creek Pkwy Goodyear, AZ 85395 Latitude: 33.464911 Longitude: -112.393181 20 MINUTES OUTSIDE OF PHOENIX DEMOGRAPHICS 1-MILE 3-MILE 5-MILE 2017 Population Estimate 4,889 62,522 141,939 2022 Population Projection 5,430 67,846 153,559 Median Household Income 73,340 71,640 67,664 Average Household Income 89,506 85,969 81,341 Median Home Value 322,769 251,485 216,013 LEGEND: Phase II Expansion Not included The Market at Estrella Falls | Goodyear, Arizona Located in the growing metropolitan suburb this mixed used property features a nice blend of retailers and restaurants.
    [Show full text]
  • Trophy Properties in the Most Desirable Markets. Uniquely Macerich
    TROPHY PROPERTIES IN THE MOST DESIRABLE MARKETS. UNIQUELY MACERICH. SUSTAINABILITY REPORT 2014 FROM OUR CEO Macerich’s comprehensive commitment to sustainability is both a natural and essential value for our company. Macerich in 2014 was honored to be named the retail Leader in the Light by the National Association of Real Estate Investment Trusts (NAREIT) for our comprehensive sustainability efforts. As well, in 2014 our company earned the Global Real Estate Sustainability Benchmark (GRESB) Green Star, an important measure of sustainability performance for real estate portfolios around the world. To us, these two high-profile designations underscore a strong year of achievements in environmental sustainability across our irreplaceable portfolio of unique and high-performing properties in the country’s top gateway markets. In 2014 we set new and ambitious goals to build on the great strides we have already made in reducing our environmental impacts. Macerich’s 10-by-20 goals call for us to reduce our absolute greenhouse gas (GHG) emissions, energy use, water consumption and waste generation by 10 percent by 2020 (compared to 2013 levels.) In 2014 we quadrupled our clean renewable energy capacity through six new solar projects and one new fuel cell site. By the end of 2015, our company will rank among the top 15 largest commercial solar operations in the United States. For Macerich, solar energy is a very bright spot. We are proud of our industry-leading environmental initiatives, including our participation in voluntary disclosure programs through the CDP (formerly Carbon Disclosure Project). Sharing our performance information and strategies on global peer-to-peer platforms helps us pinpoint new opportunities to heighten our sustainability practices while increasing transparency among all our stakeholders.
    [Show full text]
  • Retail/Restaurant Pads Available Estrella Falls | Northwest Corner Mcdowell Rd & Bullard Ave | Goodyear, Arizona 99 99 Citrus Citrus El Mirage El Mirage Cotton Cotton
    Retail/Restaurant Pads Available Estrella Falls | Northwest Corner McDowell Rd & Bullard Ave | Goodyear, Arizona 99 99 Citrus Citrus El Mirage El Mirage Cotton Cotton 303 107th Ave 107th Ave 91st Ave 91st Ave Sarival Sarival Litchfield Litchfield Dysart Dysart Perryville Endcap Perryville Jackrabbit Jackrabbit 99th Ave 99th Ave Bullard Bullard Pebble Creek Pebble Creek Drive-Thru Buckeye Available Lower Buckeye Lower Buckeye For Lease Southern Southern Property Highlights Intersection / Area Co-Tenants Contact • Pads 1, 2, & 3 Available CHARLES SKAGGS .........602.368.1737 [email protected] • Anchored by Harkins Estrella Falls 16; Opened October 2016; Largest movie screen in BRYAN LEDBETTER .........602.795.8670 Arizona (over 80 feet); #1 Theatre in Arizona based [email protected] on box office sales RYAN DESMOND ...........602.931.4489 [email protected] • Less than 1 mile to the I-10 Fwy. KATIE WEEKS ..............602.368.1372 • Endcap drive-thru available for lease [email protected] WESTERN RETAIL ADVISORS The information contained within this brochure has been obtained from sources other than Western Retail Advisors, LLC. Western Retail Advisors has not verified such information and makes no guarantee warranty or representation about such 2555 E Camelback Rd, Ste 200, Phoenix, AZ 85016 information. It is your responsibility to independently confirm its accuracy and completeness. Any dimensions, specifications, floor plans and information may not be accurate and should be verified by you prior to the lease or purchase of the
    [Show full text]
  • THE MACERICH COMPANY (Exact Name of Registrant As Specified in Its Charter) MARYLAND 95-4448705 (State Or Other Jurisdiction (I.R.S
    Macerich Wrap 09 Proof 7 | 03.24.10 Page MacerichMacerich Wrap Wrap09 09Proof Proof 7 | 03.24.10 7 | 03.24.10 Page Page MacerichMacerich Wrap Wrap 09 09 CoverProof Art 7 || 03.24.1003.24.10 BackPage MacerichMacerich Wrap Wrap 09 09 ProofCover 7 Art| 03.24.10 | 03.24.10 Page Page This will be the inside back cover. ThisThis is is the the back back cover cover >> Spine is set at 0.375” wide. CoverThis Pageis the front cover. b 1 5 PBCover a PB Macerich 2009 Annual Report Financial Highlights Corporate Information (all amounts in thousands, except per share and per square foot amounts) 2009 2008 2007 2006 2005 Principal Outside Counsel Macerich Website Stock Exchange Listing Operating Data O’Melveny & Myers LLP For an electronic version of this New York Stock Exchange Los Angeles, California annual report, our SEC filings Symbol: MAC Total revenues $ 805,654 $ 880,871 $ 800,842 $ 737,311 $ 648,636 and documents relating to The common stock of the Company is listed Shopping center and operating expenses $ 258,174 $ 281,613 $ 253,258 $ 230,463 $ 200,305 Independent Auditor corporate governance, please and traded on the New York Stock Exchange Management companies’ operating expenses $ 79,305 $ 77,072 $ 73,761 $ 56,673 $ 52,840 visit www.macerich.com. Deloitte & Touche LLP under the symbol “MAC.” The common stock REIT general and administrative expenses $ 25,933 $ 16,520 $ 16,600 $ 13,532 $ 12,106 Los Angeles, California Corporate Headquarters began trading on March 10, 1994, at a price of Net income (loss) available to common stockholders $ 120,742 $ 161,925 $ 64,131 $ 217,404 $ (93,614) $19 per share.
    [Show full text]
  • Development Pipeline 2008 and Beyond
    Development Pipeline 2008 and Beyond Tom O’Hern - EVP and CFO, Macerich Randy Brant - EVP, Real Estate, Macerich Scott Nelson - VP, Development, Macerich Bobby Williams - SVP, Development Leasing, Macerich Garrett Newland - VP, Development, Macerich 30 Development Pipeline 2008 and Beyond 2008 Guidance FFO per share range $5.00 - $5.15 – 10% increase at midpoint v. 2007 Same center NOI growth forecast 3.5% - 4.0% – Increased from 2.4% in 2007 Capital events factored in: – 43 Mervyn’s stores – Redemption of 2.9 million MAC OP units for 4 Rochester assets Occupancy neutral v. 2007 Development Pipeline 2008 and Beyond MAC Balance Sheet Total debt $7.5 billion Total equity at $61 per share $5.4 billion Total market cap $12.9 billion Debt/market cap 57% Variable debt/total market cap 15% 2008 debt maturities $527 million 2009 debt maturities $728 million 4Q07 interest service coverage 2.4X Development Pipeline 2008 and Beyond 2008 Debt Maturities 2007 Current Debt Est. New Debt Asset SPSF $ Int. Rate (millions) Fresno Fashion Fair 545 63.5 6.52 200 Westside Pavilion 481 92.0 6.74 180 Broadway Plaza 768 30.0 6.68 50 South Towne Center 433 64.0 6.66 150 SanTan Village A 0.0 0 170 The Oaks 549 B 0.0 0 200 Mall at Victor Valley 480 51.2 4.69 110 Total 1,060 Total 2008 Maturities 520 Estimated LTV 50-55% A Center opened in Oct 2007. B SPSF is 2006 figure; redevelopment began in 2007. 33 Development Pipeline 2008 and Beyond Project SF Pro Rata Project 2007 2008 2009 2010 Property % Owned Completion (millions) Cost (millions) Cost Cost Cost
    [Show full text]
  • Arrowhead Towne Center
    CHANGE. VERY BECOMING. ARROWHEAD TOWNE CENTER The trade area is one of the largest and fastest-growing in Arizona – with a current population of nearly 1.4 MILLION AND ALMOST 500,000 HOUSEHOLDS. The trade area is projected to INCREASE 7.1% OVER THE NEXT FIVE YEARS. The Arrowhead shopper is more affluent than the surrounding area, with an AVERAGE HOUSEHOLD INCOME OF NEARLY $80,000 (39% higher than the trade area). THE STORY Arrowhead Towne Center has it all: Abundant national brands, strong anchors, a top-drawing movie theater and a robust set of suburban West Valley shoppers that consider Arrowhead their mall. Macerich is polishing this high-performing gem with an array of strategic updates, new amenities and fresh retail names to make the popular Arrowhead experience even better. It makes sense to invest in a market that is this good. Nearly ONE-THIRD OF THE POPULATION OF GREATER PHOENIX LIVES IN THE WEST VALLEY – and that number is expected to GROW 9% over the next five years. The West Valley is growing at a higher rate than compared to Phoenix Metro which is showing a 6.8% increase. Well-positioned in Glendale, conveniently located off the 101 and Bell Road, the 1.2 MILLION SQ. FT. Arrowhead Towne Center is the retail destination of choice for a wide range of residents: From young families and households with acquisitive teens, singles and couples in their 30’s and 40’s, to empty-nesters ready to spend on themselves. 1/3 THE WEST VALLEY’S of the Greater Phoenix population lives in the West Valley.
    [Show full text]
  • Self-Guided Tour of the Tempe Campus
    self-guided tour of the tempe campus “Sustainability is larger than one person, one company, or one country. Its scope, scale, and importance demand unprecedented and swift solutions to environmental protection and other complex problems.” — Julie Ann Wrigley, co-founder, Global Institute of Sustainability and School of Sustainability Welcome to Arizona State University We invite you to discover and explore some of the exciting sustainability initiatives and projects here at ASU. By following this 1.2-mile walking tour you will see LEED*-certified buildings, solar installations, and a variety of examples that comprise our integrated, university-wide approach to sustainability at ASU – a combination of small steps and bold moves! Learn more at: asu.edu/tour/sustainability *Leadership in Energy & Environmental Design (LEED) is an internationally recognized green building certification system, providing third-party verification that a building or community was designed and built using strategies intended to improve performance in metrics such as energy savings, water efficiency, CO2 emissions reduction, improved indoor environmental quality, and stewardship of resources and sensitivity to their impacts. Memorial Union Farmers Market: During the fall and spring semesters the The second floor of the Memorial Union was renovated in 2008; Tempe Campus Farmers Market features 20+ vendors with fresh sustainability features include 30 percent regionally extracted or produce grown by local Arizona farmers and other local products. manufactured materials and “EcoSystem” lighting that reduces energy The Farmers Market promotes healthy eating and sustainability costs by 70 percent. Over half of the construction waste was recycled. among students, faculty, and staff. Sustainable Design Standards: Since 2005, all new university- EVENT GREEN owned buildings are required to be certified LEED Silver or higher.
    [Show full text]