“Learn from yesterday, live for today, hope for tomorrow.”
Mike Sunnucks and Eric Jay Toll Phoenix Business Journal Sep 21, 2015, 12:01pm MST Updated Sep 21, 2015, 1:21pm MST
Construction has started on a fourth office building at SkySong the ASU Scottsdale Innovation Center.
SkySong 4 will be 145,000 square feet. It is scheduled to be complete by next September.
Arizona State University and New York-based software firm Booker are leasing space in the new building.
SkySong sits on the former Los Arcos Mall site at McDowell and Scottsdale roads. Its development into a high-tech office park is a collaboration between ASU, the city of Scottsdale and Plaza Cos.
The three other office buildings at the Scottsdale tech center are nearly fully leased, officials said.
“In 2008, SkySong 1 and 2 were completed and earlier this year SkySong 3 opened,” said Sharon Harper, president and CEO of Plaza Cos., the master developer of the project. “The progress has been amazing to watch and the future of this once-abandoned corner of Scottsdale couldn’t be brighter, as it continues to be a magnet for economic development in Arizona.”
A new arena for the Phoenix Coyotes and big-box retail stores were proposed for the Los Arcos site before the SkySong idea was hatched.
Scottsdale Mayor Jim Lane welcomed the SkySong construction saying it will help attract more tech companies to his city.
Mike Sunnucks writes about residential and commercial real estate, government, law, sports business and workplace issues.
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