Levels 2-7 will be additional parking, and 8-15 will be office space. Tempe’s Watermark ‘Tops Out,’ on Track for Opening.
We listened to what they wanted to see as far as retail and the site amenities, and we feel we have a very good relationship with our neighbors, both commercial and residential.”Loretz said the quality and complexity of the plan, combined with overall economics and the realities of supply and demand account for the amount of time passed between the initial announcement and the currently planned construction. Construction on Fenix’s component, known as Phase 1A, will commence as soon as possible thereafter.All told, Fenix’s component of the Watermark development, which covers the entire plan with the exception of Trinsic’s multifamily component, will be constructed in three phases.
“The Watermark will add not only new commercial office space that our community needs to attract jobs and investment, but it brings the kinds of amenities and technological resources that companies are looking for today.”“Since the announcement of WeWork, we’ve gotten a lot of traction from Silicon Valley-based tech tenants,” he said.The tallest building along the north side of Tempe Town Lake has completed vertical construction and is on track to open in October.Tempe has the Valley’s lowest vacancy rate for office space along with some of the highest rent growth nationwide.The Watermark Tempe, a $150 million mixed-use development on the lake’s north shore and west of Scottsdale Road, will be a 16-story, 265,000-square-foot Class A office building, and include 44,000 square feet of restaurant and retail space.The last concrete was poured over the weekend for the 228-foot-tall office tower, and the bridge connecting the office and retail buildings will be installed next month, said Mike Loretz, project manager for Fenix Development, the building’s developer.
Posted by Staff / August 16, 2019 / No Comments Print Email. The office vacancy rate in the downtown Tempe area is less than 2%,” Tempe Mayor Mark Mitchell said in a statement.
Fenix is currently seeking partners for the hotel component.Building C will offer 15 mixed levels totaling more than 569KSF of overall building area. The three tenants include Obon Sushi + Bar + Ramen, V’s Barbershop, and Dip Nail Bar. Planned height for Building C will be just more than 224 feet.Featured amenities include a splash pad similar to that found at Scottsdale Quarter; a Sky Lounge, bar, fitness center and conference center; a bicycle repair room and solar-powered phone charging stations.Fenix has taken pains to coordinate with other developments in the area and the community at large to keep them abreast of the stages of progress and facilitate cooperation. Article originally posted on Phoenix Business Journal on August 15, 2019. PHOENIX, ARIZ. – Cushman & Wakefield and Fenix Development, a Los Angeles-based real estate investment and development company, announced today that three additional retail tenants – four concepts – will join Watermark Tempe’s Phase I.The four concepts are DRNK coffee + tea, QWENCH juice bar, Crumbl Cookies, and Sugar Me Wax. Plans for the 15-acre Watermark development have been in place in various forms for more than six years.
Since its inception in 2018, Sugar Me has expanded with eight locations throughout the Valley and the 1,136 SF space at Watermark will be its ninth location. DRNK coffee + tea and QWENCH juice bar are two emerging concepts based out of Hollywood, Calif. that will occupy 2,408 square feet (SF) in its first Arizona location. Tempe Town Lake’s latest major project – the 15-acre Watermark mixed-use development on the lake’s north side at Scottsdale Road and the Loop 202– is about to take off after nearly six years of planning, timing calculation and community interaction.. DEVELOPER. “We’ve hosted multiple neighborhood meetings and events for the community to come in and voice their opinions. Repost from @solstice.stone-Can you imagine walking into this lobby every morning? PHOENIX, ARIZ. – Cushman & Wakefield and Fenix Development, a Los Angeles-based real estate investment and development company, announced today that three retail tenants will join The Watermark | Tempe’s Phase I. DRNK is an edgy new franchise model offering world class organic lattes, espressos and teas. This location offers wide a range of furnished office-spaces available on flexible terms. The tallest building along the north side of Tempe Town Lake has completed vertical construction and is on track to open in October. Developer: Fire in Tempe won’t delay Watermark opening. Phase 3 is still subject to zoning.
Rookie Of The Year Candidates Mlb, Nvidia Glassdoor Pune, Siemens Montreal Internship, Damiere Byrd Nfl, Max Riemelt Twitter, Saic Reston, Va Address, Electric Bike Myanmar, Guillermo Sur Restaurant, Benardrick Mckinney Trade, Format Vs Pixpa, Beatrice Kitsos Twitter, Kingswood Golf Estate Map, Nokia 7 Plus Specs, Managua U20 Vs Real Esteli U20 Prediction, Dietpi Raspberry Pi 4, Jack Hughes Twitter, Best Deep Dish Pizza Near Me, Why Is Orthodox Easter Different, Amd Epyc Motherboard Quad Socket, Is Zynga Rigged, Swan Paddle Boat Near Me, Kerala Lottery Rajal, James Brooks Obituary,
