Alter, one of the nation’s leading commercial real estate developers, announced a $54M, three-story, 80KSF comprehensive sports medicine center at its Riverwalk at Talking Stick mixed-use development, located along the Loop 101 at Indian Bend Road in Scottsdale.
“We are pleased to welcome Banner Health to the Riverwalk development,” said Richard M. Gatto, executive vice president with Alter. “When completed, the project will be a destination center for athletes that provides key services dedicated to sports medicine in one location, making it unlike any other in the region.” Preliminary design is underway, with a planned opening in the fourth quarter of 2022.
Scott Nordlund, Banner’s chief strategy and growth officer, said, “This project is a great example of Banner’s mission to make health care easier so life can be better. We are proud to invest in the community and to be able to provide comprehensive sports medicine services under one roof to serve all athletes.” The development is in strategic alignment with Banner’s existing partnership with several prominent local athletic teams, including Arizona Diamondbacks, Phoenix Suns, Phoenix Mercury and University of Arizona.
Banner Health was represented by Pat Williams, managing director of Jones Lang LaSalle; Kurt Rosene, principal of NOVO Development, represented Alter. (Source)
NEWS TICKER
- [July 14, 2026] - Boeing Planning 268KSF Mesa Facility Expansion
- [July 14, 2026] - Owner Seeks Rezoning in Peoria that Will Enable New SimonCRE Development
- [July 14, 2026] - Pinal Board OKs Valley Farms Energy Storage
- [July 14, 2026] - Industry Professionals 07-14-26
- [July 14, 2026] - Commercial Real Estate 07-14-26
- [July 10, 2026] - Phoenix Sees Second-Largest Percent Change in Q2 Construction Costs
- [July 10, 2026] - New Deliveries Keep Pressure on Phoenix Multifamily Rents
- [July 10, 2026] - Majestic Realty Planning ~1MSF Light Industrial Project at SRPMIC
