“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” -Albert Einstein
Dec 27, 2015, 10:22pm MST Eric Jay Toll Reporter Phoenix Business Journal
DMB Associates is again amending the plan for One Scottsdale, looking to add more height and 1 million square feet to the planned development.
One Scottsdale is asking for a 30-foot height bump to 90 feet overall in the new zoning. The move will allows nearly 1,400 new residential units and more than 1 million square feet of additional commercial development on the northeast corner of Scottsdale Road and Loop 101 near the Henkel-GPS Insight building.
The major thrust of the proposed change is the building height, which would allow eight- to 10-story buildings, but only south of Legacy Boulevard.
Tiffany & Bosco Senior Planner Kurt Jones said in the submittal to the city the proposal brings the nearly 15-year-old entitlements into conformance with Scottsdale’s most current general plan, creating a mixed-use urban core at the freeway interchange.
DMB previously sought to increase building heights as far back as 2002 to offset extensive site development and infrastructure costs. Among the improvements was building Legacy Boulevard from Scottsdale Road east to Hayden Road through State Land Development property.
The project stalled in 2007 after infrastructure was installed for the Henkel campus at Scottsdale Road and Loop 101 and the Jefferson on Legacy residential development in the northeast portion of the property.
DMB divided the property into two units for planning purposes. A third unit is bordered by Thompson Peak Parkway, Scottsdale Road and Legacy Boulevard. The east half north of Legacy Boulevard is developed with Jefferson on Legacy. One of DMB’s properties is dedicated to auto dealerships south of Loop 101 and east of Scottsdale Road.
If the development plan is amended as proposed, DMB will have entitlements to develop 2,466 residential units, up from the approved 1,100 units. For commercial, retail and office development, Jones is asking the city to approve an increase from 1.8 million square feet to 2.87 million square feet.
The proposal limits residential development to 36-foot-high buildings. The major change takes the remaining property surrounding the Henkel building and seeks the 90-foot height. Currently the limit is 60 feet.
FROM ME:
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I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group. I also sold hundreds millions of dollars’ worth of land and Investment Properties in Arizona and therefore I am working with many Land brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international. Click here to find out what is a CCIM: https://en.wikipedia.org/wiki/CCIM
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WHY PHOENIX ARIZONA : ???
check it out
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Timeline of Phoenix, Arizona history
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Phoenix, Arizona
http://en.wikipedia.org/wiki/Phoenix,_Arizona
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Facts of Arizona – year 1848 to 2013
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