TEMPE, AZ – The nation’s leading
on-demand food platform, DoorDash,
has completed a full building lease at Lincoln
Property Company's Grand 2 in Tempe, Arizona.
DoorDash
will move into the Grand 2 building – the second of eight Class A office
buildings slated for development by LPC at The Grand at Papago Park Center
master-planned development – this Spring.
Tempe Mayor Mark Mitchell |
“The Grand is the next chapter of our story, allowing us to consolidate our Phoenix footprint into a single building that is uniquely designed for an active, creative and evolving company like ours. We look forward to being a contributing member of the Tempe community.”
“We appreciate DoorDash’s long term investment in Tempe,” said
City of Tempe Mayor Mark Mitchell.
“We have seen an influx of Silicon Valley companies bringing their regional headquarters to our community because of the availability of a highly trained workforce, a lower cost of doing business and a tremendous quality of life. We wish DoorDash continued success in Tempe.”
“We have seen an influx of Silicon Valley companies bringing their regional headquarters to our community because of the availability of a highly trained workforce, a lower cost of doing business and a tremendous quality of life. We wish DoorDash continued success in Tempe.”
John Orsak |
The Arizona location has quickly grown to become one of the company’s largest offices nationwide, primarily focusing on sales and support functions.
DoorDash serves more than 4,000 cities across three countries, including all 50 states in the U.S. as well as locations in Puerto Rico, Canada and Australia.
The company has solidified a leadership
position in the industry – and as of September 2019 leads the charge with more
than 35 percent of the nation’s market share, according to Edison Trends.
“We’ve painstakingly designed Grand 2 with features that work
together to serve companies like DoorDash, who represent some of today’s most
contemporary companies and their employees,” said Lincoln Property Company Vice
President of Real Estate John Orsak.
“We’re excited to welcome them to the
building and know they will benefit from each one of its carefully planned
amenities.”
Greg Pickett |
The project sits on the immediate north side
of the Loop 202 Freeway, minutes from downtown Tempe, Arizona State University,
Papago Park and Sky Harbor International Airport.
The Grand 2 building can be accessed via two freeway interchanges and is served by below-ground parking and a covered parking garage, two light rail stops that bookend the project.
The Grand 2 building can be accessed via two freeway interchanges and is served by below-ground parking and a covered parking garage, two light rail stops that bookend the project.
Together with a location on the north side of
Tempe Town Lake, employee commute times can be cut by 30 or more minutes
compared to projects on the south side of the Lake.
Tom Jacobs |
At build out, The Grand will total 60 acres and 3.2 million square feet of office, multifamily, hotel, retail and restaurant space located on the last developable parcel within the 350-acre Papago Park Center business park.
LPC serves as the developer, leasing agent and property manager for all office space at The Grand. Whiting-Turner is the general contractor for Grand 2 and DAVIS is the architect.
Greg Pickett and Tom Jacobs of Cushman
and Wakefield represented DoorDash in their lease negotiations.
About DoorDash
DoorDash is a technology company that connects customers with
their favorite local and national businesses in more than 4,000 cities and all
50 states across the United States, Puerto Rico, Canada, and Australia.
DoorDash will move into the Grand 2 building – the second of eight Class A office buildings slated for development by LPC at The Grand at Papago Park Center master-planned development – this Spring. |
Founded
in 2013, DoorDash empowers merchants to grow their businesses by offering
on-demand delivery, data-driven insights, and better in-store efficiency,
providing delightful experiences from door to door.
By building the last-mile
delivery infrastructure for local cities, DoorDash is bringing communities
closer, one doorstep at a time.
Grand 1 building – the second of eight Class A office buildings slated for development by LPC at The Grand at Papago Park, Tempe, AZ |
CONTACTS:
Stacey
Hershauer
Becky Sosnov
480.600.0195
201.747.0484