You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM.
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want me to get you the value of your property.
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
AZBIGMEDIA 3/16/2023
From the start, Novus Innovation Corridor was designed to be distinctly different.
Now, well into Phase III of its development, Novus is realizing its vision of creating a walkable, sustainable neighborhood adjacent to Arizona State University’s Tempe campus that will be a model for modern urban cities.
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When completed, Novus’s 355 acres will encompass more than 10 million square feet of urban, mixed-use development as a public-private partnership between the nation’s “most innovative university” and master developer Catellus Development Corporation.
DEEPER DIVE: Phoenix ranks No. 2 for most industrial real estate under construction
In 2010, ASU began plans to develop Novus as a live/work/play environment wherein companies can access ASU’s world-class research — and a highly educated and skilled workforce — to empower businesses of all sizes. It will also offer multifamily residential, hospitality and retail opportunities and be a major contributor to the state’s economic success.
The Novus Innovation Corridor vision
Spanning a 20-year buildout, Novus Innovation Corridor will ultimately include:
• 4.5 million square feet of premium Class A office space
• 275,000 square feet of retail stores, restaurants, and entertainment options
• 4,100-plus residences
• 1,000-plus hotel rooms.
The corridor also will provide outdoor gathering places for residents and visitors, along with numerous activities and events.
Land in Novus will be leased for private development while maintaining university ownership through a University Athletics Facilities District approved by the state legislature. The funds generated will create a sustainable resource for the construction and renovation of Sun Devil Athletics facilities.
Novus Innovation Corridor.
New infrastructure
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Novus has already made notable additions to the Tempe skyline with new office buildings, luxury living spaces, entertainment, and athletic venues. In 2014, Marina Heights — the regional hub of State Farm Insurance — was completed during Phase I. ASU’s Sun Devil Stadium was reinvented in Phase II, concluding in 2019.
Completed as part of Phase III in 2020, the 777 Tower provides over 160,000 square feet of state-of-the-art, Class A office space and over 8,000 square feet of street-level retail space located at the opening of Novus’ main street retail district. The six-story tower is currently 85% leased to ASU and Infosys, a global digital services and consulting firm.
Earlier this year, ASU dedicated its newest research building — the Rob and Melani Walton Center for Planetary Health — along the southern edge of Novus, underscoring the university’s commitment to science and the planet. The Walton Center is connected to Novus by an elevated bridge over University Drive, symbolizing the connection between ASU research and the work of private sector partners located in the innovation zone.
Tempe has new housing options thanks to the opening of The Piedmont, a six-story, 318-unit luxury apartment community. Transwestern Development Corporation is now working on additional upscale traditional and luxury micro-unit communities for working professionals.
There is a dual-branded Hyatt Place and Hyatt House hotel with 259 rooms, a rooftop pool and bar and uninterrupted views of the Tempe skyline.
And one of the newest additions — Mullett Arena — opened with fanfare in October 2022, as ASU’s men’s and women’s hockey teams hit the ice and the National Hockey League’s Arizona Coyotes played their home opener to an enthusiastic sold-out crowd. The arena also will be home to collegiate men’s wrestling, public concerts, youth competitions and other events.
Environmental impact
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Novus has already been recognized as a leader in sustainable construction. The U.S. Green Building Council (USGBC) ranked Novus among the top 10 U.S. best-scoring LEED-ND (Leadership in Energy and Environmental Design – Neighborhood Development) projects of all time. The LEED-ND program is designed to curb urban sprawl by inspiring and helping to create more sustainable and well-connected communities.
Novus’s 777 Tower also achieved LEED Gold USGBC certification. ASU and Catellus are setting the standard for green living by making Novus the epicenter for transportation solutions, resource and utility usage and responsible waste management.
Economic impact
ASU’s Seidman Research Institute projects Novus will generate $4.6 billion in annual economic impact and add 34,000 jobs by 2035 through office, hotel, multifamily and retail operations. Novus’s more than 20,000 temporary construction jobs also will benefit the economy.
True to its vision, this trailblazing development will drive employment in advanced industries and bring lifelong learning, commerce, living, entertainment and research together in one location to exemplify the 21st-century university.
Authors: Dr. Morgan R. Olsen is the executive vice president, treasurer and chief financial officer of Arizona State University. Charley Freericks is senior vice president of Catellus Development Corporation, a national leader in transformational land and vertical development with a track record for solving complex redevelopment challenges.
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FROM ME: FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with 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
DISCOVER WHAT IS HAPPENING IN ARIZONA
History of Arizona from 900 BC – 2017 -Timeline.
What is a CCIM. In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
Click here to find out what is a CCIM:
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY LISTINGS.
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. 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 with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
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