News Ticker

New Square Mixed-Use Coming to Chandler

Credit: City of Phoenix

By John S. Wolfe for SanTan Sun News

The old dirt square across Arizona Avenue from Chandler City Hall will soon be New Square.

Developer Spike Lawrence shared his company’s plans for the gravel parking lot behind Saba’s and Bourbon Jack’s at a recent community meeting.

The project, named New Square, will comprise four different buildings, plus a small park and community stage.

Phase One of the project, which will get under way in August, will be a 50KSF, three-story office building at the NWC of Arizona Avenue and Chicago Street and a one-story building along Arizona Avenue, across the existing alley.

The office building will feature a first floor with a mix of restaurants, retail space or service uses. The second and third floors will each comprise about 16.2KSF of Class A office space. The anticipated rate is in the $30/SF range.

The stand-alone building to the north will comprise 8.5KSF and is suitable for one large restaurant, two smaller restaurants or a mix of a restaurant and retail, Lawrence said.

Lawrence also announced that a Hilton Garden Inn is lined up for a four-story, 112-room hotel to be built on the NWC of the site.

Its construction will get started soon after Phase One begins. The first phase of the project is expected to be completed by the end of 2019.

Phase Two of New Square – at the SWC of the site – will be a five- to eight-story office building with between 75KSF and 108KSF. The size and construction date will be determined according to demand.

The project’s design was completed by architect Mike Perry of (Whitneybell) Perry.

Read more at SanTan Sun News.

NOTE: Paid subscribers receive additional project details in our twice-weekly PDF publication, including project stakeholder information and valuable project bidding leads. Find out more about AZBEX subscriptions or contact Rebekah Morris at rmorris@azbex.com or (480) 709-4190

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