Rockefeller Group to build massive office park in Chandler


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Jul 21, 2015, 12:35pm MST Updated Jul 21, 2015, 1:00pm MST

Eric Jay Toll Reporter Phoenix Business Journal



Rockefeller Group will build 1 million square feet of office and retail space in Chandler, further bolstering the area’s draw for businesses.

Now in the final design phase, the Chandler 101 office campus will break ground during late first quarter 2016. The campus is expected to cost $250 million to develop. The company is building the first eight-story building on spec with approvals for three six- to eight-story office buildings that will comprise the 250,000 square feet.

The project originally was approved six years ago.

The developer said Chandler 101, on the southeast section of the Price Freeway-Chandler Road interchange, is considered one of Chandler’s high-profile projects. The other is Hines’Chandler Viridian development across the freeway and south of Chandler Fashion Center.


Rockefeller’s project is intended as Class A office space. Davis is the architect and Colliers will hold the lease assignment.

The project is coming out of the starting block with the completion of the Boston Street-Coronado Road loop connecting northbound Price Road to eastbound Chandler Boulevard. The road was a critical component needed before construction could begin.

“With 40,000 employees heading north from the Price Corridor, eastbound traffic will no longer need to sit at the Price-Chandler intersection mixing with Loop 101 traffic,” said Mark Singerman, vice president and regional director of the Arizona office for Rockefeller. “We built the loop road with the capacity to move that traffic and help Chandler break up the congestion at the freeway interchange.”

Economic Development representatives had not responded to requests for comment on the project at press time.

Part of the first phase includes a 1,000-car, six-level parking garage that can be expanded to hold 3,000 vehicles as the project matures.

The time between the 2009 approval and the first shovels of dirt next year was delayed by the Great Recession, a string of 69 kilovolt Salt River Power power lines that had to be relocated, and the need for the loop road.

“We agreed to pay to move the power lines and build the road, if Chandler would buy the right-of-way,” said Singerman. “The city has given us a (government property lease excise tax agreement). The land is part of a redevelopment area, which also provides tax advantages letting us move ahead with the spec development.”

Singerman compares Chandler 101 to the Esplanade retail-office complex at 22nd Street and Camelback Road in Phoenix’s Biltmore neighborhood. Rockefeller said it learned from that project as well.

“Our retail spaces face outward to Chandler Boulevard,” said Singerman. “At the Esplanade, retail has struggled because much of the drive-by traffic does not know stores are present.”

Rockefeller does not see the retail competing with Chandler Fashion Center. The company envisions mostly dining and service-related retail leasing the space and using the 3,000 to 4,000 employees as primary customers. Future phases could include lodging. Residential development could be in the future mix.

“Chandler sees the Price Corridor as primarily an employment center,” Singerman said. “Residential is a distinct possibility if the city agrees.”




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