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Skysong Seeks to Create Technology, Research Incentive Zone

Scottsdale received its first payment from the Arizona State University Foundation for its $81.4M investment in SkySong. Photo credit: Michael Chow/The Republic

Scottsdale received its first payment from the Arizona State University Foundation for its $81.4M investment in SkySong. Photo credit: Michael Chow/The Republic

Original headline: SkySong makes payment to Scottsdale, asks for taller buildings

By Edward Gately for The Arizona Republic

Scottsdale has received its first payment from the Arizona State University Foundation for its $81.4 million investment in SkySong, the ASU Scottsdale Innovation Center.

In addition, SkySong is seeking an amendment to its original zoning case to allow greater building heights along McDowell Road and Scottsdale Road south to SkySong Boulevard. The campus is at the intersection’s southeastern corner. The request was submitted by zoning attorney John Berry.

The rezoning request seeks the creation of an incentive zone for all of the acreage along McDowell Road north of SkySong Boulevard, and between Scottsdale Road and 74th Street. Additional open space would be offered in exchange for greater building heights, 90 feet, up from 60.

The amendment will allow SkySong to successfully attract the next generation of tech and research businesses, Berry said. It will increase SkySong’s desirability “as a place where major business ventures can locate with the certainty and flexibility needed to meet their requirements,” he said.

Greg Bloemberg, city planning staff coordinator, said the SkySong request will be considered by the Development Review Board, Planning Commission and City Council.

In the meantime, tenants will begin moving into SkySong III, a third office building, in late October, while construction should begin by the end of the year on SkySong IV, a fourth office building, as well as a restaurant/retail building at Scottsdale Road and SkySong Boulevard.

Read more at The Phoenix Republic