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Rendering of Planned four-building Union office complex
in Mesa, AZ |
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| Dave Krumwiede |
MESA, AZ -- In a unanimous vote, the Mesa City Council has
selected Lincoln
Property Company (LPC) and Harvard
Investments to develop 28.2 acres of city-owned land in the
heart of the Riverview mixed-use district in Mesa, Arizona.
When complete, the project will total 1.35
million square feet of Class A office space designed to attract and retain
premier, market-leading companies and their employees.
Named Union, the new LPC-Harvard development will include four
buildings ranging from four to eight stories and from 225,000-square-feet to
450,000 square feet.
Each
building will feature a high-tech, glass-heavy exterior. Interiors will feature
large and open floor plates and high ceilings, giving tenants the flexibility
to mix expansive workspaces with “huddle rooms” and other small-group spaces
for employee collaboration and gathering.
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| Craig Krumwiede |
Buildings at Union will overlook a main pedestrian plaza with
multiple water features, shaded gathering areas and outdoor rooms that,
together with rooftop amenity decks, will offer sweeping views of the
Superstition Mountains and quick connection to Riverview Lake, located directly
to the south of the property.
“Our understanding of the Loop 202 Red Mountain corridor runs
deep, as does our confidence in its potential as the new gateway to the
Southeast Valley,” said Lincoln Property Company’s Executive Vice
President David
Krumwiede.
“We are honored to have earned the City of
Mesa’s confidence in our team and our vision for Union, and are anxious to get
to work building the kind of project that will attract and retain top companies
and their employees.”
“This is a tremendous opportunity to continue building up Mesa
with thoughtful, well-designed projects that not only look good, but will
improve the quality of life for East Valley individuals and
families who are able to work closer to home,” said Harvard
Investments President and CEO Craig Krumwiede.
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| Mesa, AZ Mayor John Giles |
“We like that it will support Mesa’s vision as a
great place to do business. And we definitely appreciate the City of
Mesa's confidence in our ability to build great projects that
stand the test of time. But most importantly, we’re proud of the opportunity
this project provides for Harvard Investments and Lincoln to
create more jobs for our region."
Union is being developed on land bounded by Cubs Way and Riverview
Auto Drive, just off of Dobson Road and Rio Salado Parkway.
It
fronts the Loop 202, providing direct freeway exposure and monument signage
opportunities seen by approximately 160,000 cars per day. The project sits
within the Riverview mixed-use district, encompassing 1.2 million square feet
of retail and restaurants and the Sheraton Mesa and Hyatt Place hotels.
It is also
immediately adjacent to Sloan Park, home of the Chicago Cubs spring training,
the highest attended spring training team in the Valley.
It is also minutes from LPC’s Waypoint development, a
four-building, 425,861-square-foot Class A office campus that is leased to
tenants including American Traffic Solutions, Ashton Woods, Cognizant,
Mitel Corporation, the corporate headquarters for Nextcare and Udall Shumway
PLC.
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| Mark Freeman |
“Lincoln Property Company and Harvard Investments have a solid
track record of building excellent Class A office space in Mesa,” said City of
Mesa Mayor John Giles. “Waypoint has been a great success just across
Dobson Road. I look forward to breaking ground on Union and filling these new
office buildings with quality jobs for our residents.”
“I am excited for the new office space development coming to
Riverview,” said City of Mesa District 1 Councilmember Mark Freeman.
“LPC-Harvard will do a great job meeting the needs we have for Class A office
space in the area and will build a fantastic addition to the City and District
1.”
“We are very pleased to partner with LPC-Harvard on Union in the
Riverview District,” said City of Mesa Economic Development Director Bill
Jabjiniak. “This development will be built in the much sought-after Loop
202 office corridor. With the Greater Phoenix Economic Council reporting more
than 95 active office prospects in the market, we expect it won’t be difficult
to fill Union with outstanding companies.”
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| Bill Jabjiniak |
Employees and visitors to Union will benefit from an onsite
parking garage with a 5/1,000 parking ratio, and freeway interchanges at both
the Loop 202 at Dobson Road, and the Loop 101 at Rio Salado Parkway. The
location is just two miles from Arizona State University’s main Tempe campus
and 10 minutes from Sky Harbor International Airport.
Union will be constructed in phases, beginning with
a four-story, 225,000-square-foot Building A located at the northwest
corner of the property and followed by Buildings B and C, totaling up to six
stories and 337,500 square feet each at the northeast and southwest corners of
the property, respectively.
The final building, Building D, will total up to
eight stories and 450,000 square feet at the southeast corner of the property.
Construction on Building A is anticipated to begin in 2019.
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| Dave Carder |
DAVIS is the project architect. Layton Construction Company is the
general contractor. Dave Carder and Scott Boardman of Cushman &
Wakefield are Union’s exclusive leasing brokers.
To discuss leasing, investment or property management
opportunities with Lincoln Property Company in the Desert West region, please
call David Krumwiede or John Orsak at (602) 912-8888.
For more
information, please contact:
Stacey Hershauer
480.600.0195
