New to Market: 6 Projects You Need to Know Article originally posted on AZ Big Media on November 29, 2017 Above: A view of Midtown Phoenix looking south towards Downtown Phoenix. (Photo by Mike Mertes)INDUSTRIAL | 7 hours ago | AZRE There are a lot of cranes operating in Arizona as developers pursue new projects that are creating a more diverse state. Here are six projects that were recently finished or broke ground in Arizona, as seen in the November/December issue of AZRE magazine. Element Hotel at SkySong DEVELOPER: Jackson Shaw; Plaza Companies; University Realty, LLC; City of Scottsdale; Holualoa Companies General Contractor: Layton Construction Company Architect: Cooper Cary Location: Scottsdale & McDowell roads, Scottsdale Size: 99,103 SF; 153 rooms Value: WND START/COMPLETION: Q4 2017-Q2 2019 An Element hotel will occupy the southwestern corner of SkySong, The ASU Scottsdale Innovation Center complex, the latest addition to the 42-acre technology and innovation hub. As with everything at SkySong, a particular emphasis will be given to creating a healthy and sustainable environment. The hotel will have extensive green-building features, and guests will be able to enjoy an oversized gym on-site, rental bicycles and a natural saline swimming pool. Park Central Mall Revitalization DEVELOPER: Plaza Companies; Holualoa Companies General Contractor: DPR Construction Architect: richärd+bauer Location: Central Avenue & Earll Road, Phoenix Size: 337,000 SF Brokerage: Plaza Companies Value: $57M START/COMPLETION: Q4 2017–Fall 2018 Plaza Companies and Holualoa Companies recently purchased a significant portion of Park Central Mall for about $57 million. The developers have plans to revitalize the landmark project, through new additions and a rebranding for the facility. Epicenter DEVELOPER: Johnston Properties; IPA/Liv Communities General Contractor: Ryan Companies U.S., Inc. Architect: Whitneybell Perry Location: NWC of Ray & Higley roads, Gilbert Size: 55,000 SF (retail); 287 units (multifamily) Brokerage: Newmark Knight Frank Value: $75M START/COMPLETION: Fall 2017-2019 Johnston Properties envisions Epicenter drawing all of its tenants from across Arizona, including Flagstaff and Tucson. Some of the businesses will be operating for the first time or offering new concepts from existing shops. About half of the estimated 30 tenants will be food-based concepts. Hub 317 DEVELOPER: Confluent Development; DPC Companies GENERAL CONTRACTOR: Graycor Construction ARCHITECT: Ware Malcomb BROKERAGE: Lee & Associates LOCATION: 317 S. 48th St., Phoenix SIZE: 225,000 SF VALUE: WND START/COMPLETION: November 2017–Spring 2018 Located at 317 S. 48th St., directly adjacent to Sky Harbor International Airport, HUB 317 will be the newest building providing visibility and direct access to State Route 143, with immediate connectivity to the Phoenix metro area. The airport submarket is experiencing a wave of industrial development due to its central location and the high demand for industrial space in the market. Great Hearts Academies North Phoenix Campus DEVELOPER: Great Hearts Arizona GENERAL CONTRACTOR: Adolfson & Peterson Construction ARCHITECT: Studio Ma BROKERAGE: Keyser Co. LOCATION: 14100 N. 32nd St., Phoenix SIZE: 93,418 SF VALUE: $17M START/COMPLETION: October 2016-August 2017 The new campus represents another step forward for Great Hearts Academies, expanding access for students to benefit from the organization’s mission of providing tuition-free public charter schools focused on a classical, liberal arts curriculum. Portrait at Hance Park DEVELOPER: Transwestern Development Company General Contractor: MT Builders Architect: Wilder Belshaw Location: SWC of Third & Willetta streets, Phoenix Size: 300,000 SF with 341 units (multifamily); 6,000 SF (retail); 138,000 SF (office) VALUE: WND START/COMPLETION: June 2017–Q3 2019 Located across the street from the 32-acre Hance Park in Downtown Phoenix, this project is bringing new residences and more to a portion of the downtown area that hasn’t seen a significant investment like this in years. The project includes a mix of everything, including retail, office and multifamily — perfect for those seeking a live, work, play lifestyle.