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Loft & High Rise News
Updated April 24, 2006   4:19pm

Developers Finalizing Plans for Big Downtown Project

The Business Journal of Phoenix - April 7, 2006
by Mike Padgett

For the past week, designs for a major mixed-use urban project in downtown Phoenix called CityScape, with 2 million square feet in four high-rises, have dominated the executive offices at three companies promoting the concept.

That's because this is the last week before an April 7 deadline to file their proposal with city planners. The companies declined to release details about the project until after their discussions with city officials, who also declined to say whether they support the companies' plans until they see the designs. 

Because of the massive scale of this project -- covering up to three city blocks -- one can only imagine what the designs will contain.

CityScape's tentative look includes four towers filled with offices, residential units, restaurants, retail space, a hospitality component and open space for public events.

The concept is proposed for the two blocks between Central Avenue and Second Street, Washington and Jefferson streets. RED Development in March announced its $27.5 million purchase of the 2-acre block between Central and First Street. The other block is controlled by Barron Collier Cos. in Naples, Fla.

West of the site is Patriots Square, which could become part of the redevelopment if the city can resolve existing commitments on the square's underground parking.

The CityScape partnership consists of RED Development LLC in Scottsdale, Cardon Development Group of Mesa and Barron Collier. Leading the design team is Callison Architecture Inc. of Seattle, which has worked on designs for Westcor's existing Scottsdale Fashion Square, Westcor's proposed Palisene development in northeast Phoenix, and SunCor Development's Hayden Ferry Lakeside in Tempe.

RED Development officials envision about 200,000 square feet of retail space, possibly on two floors. The retail and commercial mix could include apparel, home furnishings, a specialty grocer, restaurants and offices.

More ideas are expected from retailers after CityScape's designs are explained to them at the International Council of Shopping Centers convention May 21-24 in Las Vegas, said John Bacon, RED Development marketing vice president.

"We have a key list of two dozen tenants we want to get this in front of and get their feedback, because they are integral to how the project may take shape," Bacon said.

Acting Phoenix Deputy City Manager David Cavazos said he's unaware of other companies planning to file proposals by April 7.

"Until we're at that deadline, it's hard to speculate," Cavazos said. "We're hoping to get at least one and if we get more than that, it would be great."

He said the number of proposals filed and their complexity will determine how much time the city will take to make any decisions about the concept. 

A cost estimate for CityScape is not yet available, but it's safe to say it would be comparable to the $600 million price tag of the Phoenix Convention Center expansion now under way. Incentives from the city won't be considered until developers and the city are deep in discussions, Cavazos said.

Downtown proponents say whatever design is approved for the downtown property, whether from the CityScape joint venture or others, it must become a place to see and be seen if it is to work.

"It's got to be the one place in the core of the city where everybody has to go," said architect-urbanist Mo Stein of The Stein-Cox Group. "When they get off their plane at Sky Harbor, they say, 'I want to go see this CityScape project that I've heard so much about.'"

An ardent downtown fan is Jay Tubbs, development director at Ryan Cos. U.S. Inc., which is in the Phelps Dodge building across the street from the block that RED Development bought in March. Tubbs' office looks south over the block.

"It's the best site in the city, with light rail on both sides and next to the ballpark and the arena," Tubbs said. "If somebody could pull that (proposal) off, it would be off the charts, but it's very ambitious."

Others said retail is an important part of the formula needed to make a new development popular.

"I want to see the biggest mixed-use project we've ever seen in Arizona," said Phoenix Community Alliance President Donald Keuth. "This (proposal) is something we've been talking about for a long, long time."

 

 

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