Try not to become a man of success, but rather, try to become a man of value.”
– Albert Einstein
By Joe Ferguson 12-20-2013 Arizona Daily Star
A Florida-based developer has cleared a major hurdle in its plan to build a massive outlet mall on the Tucson-area’s northwest side.
The Pima County Board of Supervisors has signed off on a development agreement with AWE Talisman, which plans to build an outlet center of more than 100 stores at the southwest corner of the Avra Valley Road and Interstate 10 intersection.
The company has similar outlet malls in Las Vegas, Chicago, Santa Fe, N.M., and Niagara Falls, N.Y. Although a company spokeswoman would not comment on potential stores for the Tucson-area site, AWE Talisman’s Fashion Outlets in Las Vegas includes Aeropostale, Coach, Hollister and Nike factory stores, among numerous others.
As part of the agreement with Pima County, the developer would set aside an estimated $89 million for a wildlife corridor between the Tortolita and Tucson mountains.
The wildlife corridor is considered to be the last remaining location for wildlife to move between the two mountain ranges.
The agreement gives Pima County 2 percent of certain revenues that would be generated by the outlet mall for the next 30 years, with revenues going to improve the wildlife corridor, county officials said.
Other public improvements — 30 acres of wildlife habitat, two miles of river park from Avra Valley Road to Twin Peaks Road, and road, water and wastewater improvements —are expected to cost AWE Talisman an estimated $33.1 million.
Those concessions were made in return for increased zoning for a higher-traffic, more dense development than previously planned for the outlet mall site.
Ann Ackerman, a vice president and director of marketing for AWE Talisman, cautioned that the project is still in the development stage.
The owner of the property, I-10 Avra Valley Mining and Development LLC, is expected to sell the property to AWE Talisman next year.
AWE Talisman’s Development Concept Permit has already been approved by the county.
The company expects to begin construction next summer.
Contact reporter Joe Ferguson at jferguson@azstarnet.com or 573-4346. Follow him on Twitter @JoeFerguson.
a little about me and my expertise – video
LAND SPECIALIST – LAND EXPERT – INVESTMENT BROKER – ARIZONA
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Facts of Arizona – year 1848 to 2013
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Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial Investment Real Estate Broker in Arizona now for 20 years and I worked with banks and their commercial REO properties for 3 years. I am also a commercial landspecialist in Phoenix and a Landspecialist in Arizona.
WHETHER YOU LEASE OR OWN
NOW IS THE TIME FOR YOU TO EXPAND, UPGRADE OR INVEST.
we are at on the a rise of the cycle in Commercial Real Estate. so there is only one way and it’s called we are going up and now is the time for you to expand, upgrade or invest in Commercial Properties in Phoenix. The prices on deals I may get you will not be around forever.
WAITING TO SELL YOUR LAND ? TIMES CHANGE / IT’S TIME
We barely could give land away the last few years, but times are changing. Even in those meager years, I sold more land across the state than most other brokers. Before the real estate crash I was a land specialist in Arizona with millions of dollars of transactions, but then I had to change and also sell other commercial investment properties, which was fun, but I am a Commercial Landspecialist in Arizonal, a Commercial Land Specialist in Phoenix and love to sell land, one acre to thousands of acres.
If you have any questions about Commercial Investment Properties in Phoenix or Commercial Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion in Commercial Properties in Phoenix or Commercial Properties in Arizona with you.Obviously I am also in this to make money, but it could be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me 520-975-5207 (cell) 602-778-5110 (office direct).
Thank You
Walter
Walter Unger CCIM
Associate Broker, West USA Commercial Real Estate Advisers
7077 E. Marilyn Road, Bldg 4, Suite 130
Scottsdale, AZ 85254
Cell: 520-975-5207
Office : 480-948-5554
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a little about me and my expertise – video
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