What's Hot

    Labor Department Issues New Guidance on Independent Contractor Classification

    May 14, 2025

    City Will Spend $522M Preparing Peoria Innovation

    May 14, 2025

    ADOT to Hold Hearing on Tentative 5-Year Construction Plan

    May 14, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [May 14, 2025] - Labor Department Issues New Guidance on Independent Contractor Classification
    • [May 14, 2025] - City Will Spend $522M Preparing Peoria Innovation
    • [May 14, 2025] - ADOT to Hold Hearing on Tentative 5-Year Construction Plan
    • [May 13, 2025] - Industrial Rezoning Sought for 369 Acres in Douglas
    • [May 13, 2025] - Pinal BOS Okays Rezone for Spec Industrial Park
    • [May 13, 2025] - Multifamily Developer Confidence Down in Q1
    • [May 13, 2025] - Industry Professionals 05-13-25
    • [May 13, 2025] - Commercial Real Estate 05-13-25
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      City Will Spend $522M Preparing Peoria Innovation

      May 14, 2025

      Industrial Rezoning Sought for 369 Acres in Douglas

      May 13, 2025

      Pinal BOS Okays Rezone for Spec Industrial Park

      May 13, 2025

      Affordable Housing Developments Planned in Tucson’s Mercado District

      May 9, 2025

      ADOT to Hold Hearing on Tentative 5-Year Construction Plan

      May 14, 2025

      ASPE Panel Discusses Tariffs, Uncertainty and Optimism

      May 2, 2025

      Small & Disadvantaged Business Transportation EXPO is May 20

      May 2, 2025

      Arizona Water Professionals Remain Hopeful Despite Colorado River Struggles

      April 29, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Axon Says it will Open Search for New Location

      January 10, 2025

      Scottsdale Water Needs $50M for ‘Toilet to Taps’

      May 9, 2025

      Phoenix Releases $11.5B, 5-Year CIP with Nearly 1,000 Projects

      April 1, 2025

      Buckeye Starts Planning Bond Funding Outlays

      February 26, 2025

      $400M of Federal Funding in Limbo for Phoenix Plans

      February 14, 2025

      Commercial Real Estate 05-13-25

      May 13, 2025

      Commercial Real Estate 05-06-25

      May 6, 2025

      Commercial Real Estate 04-29-25

      April 29, 2025

      Commercial Real Estate 04-22-25

      April 22, 2025

      Industry Professionals 05-13-25

      May 13, 2025

      Industry Professionals 05-06-25

      May 6, 2025

      Industry Professionals 04-29-25

      April 29, 2025

      Industry Professionals 04-22-25

      April 22, 2025

      Arizona Projects 05-09-25

      May 9, 2025

      Arizona Projects 05-02-25

      May 2, 2025

      Arizona Projects 04-25-25

      April 26, 2025

      Arizona Projects 04-18-25

      April 18, 2025

      Executive Order Will Streamline Federal Acquisition Regulations System

      April 26, 2025

      Legislation to Save Axon Plan Continues to Advance

      April 16, 2025

      Court Issues Summary Judgment in X Phoenix Case

      April 16, 2025

      House Bill Would Expand LIHTC Credits

      April 15, 2025

      Multifamily Developer Confidence Down in Q1

      May 13, 2025

      U.S. Construction Added 11,000 Jobs in April

      May 6, 2025

      Jobsite Safety Can Improve 7x with Best Practices

      May 6, 2025

      March Construction Job Openings Down by 38,000

      May 2, 2025

      Labor Department Issues New Guidance on Independent Contractor Classification

      May 14, 2025

      City Will Spend $522M Preparing Peoria Innovation

      May 14, 2025

      ADOT to Hold Hearing on Tentative 5-Year Construction Plan

      May 14, 2025

      Industrial Rezoning Sought for 369 Acres in Douglas

      May 13, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • Housing Projects on the Horizon
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Planning & Development » Major Biltmore Office Redevelopment Proposed
    Planning & Development

    Major Biltmore Office Redevelopment Proposed

    BEX StaffBy BEX StaffAugust 14, 2018No Comments4 Mins Read
    Credit: City of Phoenix
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Roland Murphy for Arizona Builder’s Exchange

    JDM and Best Western, Inc. have submitted a joint proposal to the City of Phoenix to redevelop their properties at the NEC of 24th Street and Arizona Biltmore Circle into a modern mixed-use development in keeping with the area’s ongoing resurgence.

    The location is slightly more than one mile from 24th Street and Camelback Road, which was one of Urban Land Institute’s “10 Hottest Intersections in Phoenix” last year. (AZBEX, Sept. 15, 2017)

    JDM will redevelop its property with a roughly 215KSF office development that includes a retail component, a hotel or an approximately 320-unit multifamily development to replace the existing office property, which it calls “tired and dated”.

    BWI will create a flagship Best Western Premier-branded hotel that includes offices for BWI employees, dining and recreational space and other hotel amenities next to its existing offices.

    “The new hotel will act as a showpiece for potential investors and independent hoteliers, demonstrating the exacting standards that BWI expects to be maintained by featuring innovative rooms and function spaces, and upscale designs,” the submittal states.

    Together the companies hope to create a “live/work/play” environment in keeping with other development trends in the overall area.

    According to the submittal, “The goal of the Project is to revitalize the Property, enhance BWI’s corporate headquarters in the City of Phoenix, while fulfilling JDM’s and BWI’s mission to create residential and business communities with sustainable quality and value, and enhancing a live, work, play lifestyle.”

    The maximum proposed building heights for the overall project will be 60 feet, and an associated parking structure will also be included.

    Laying out their arguments for the renovations, the submitters note the dramatic changes in style and expectations in the modern era versus when the master plan for the area was adopted in the 1970s, particularly where Class A office and upscale multifamily properties are concerned.

    “Low ceilings and separate office casitas are no longer desired and inconsistent with current market demands,” they say. “Today’s commercial and residential tenants expect and demand high ceilings, and cohesive unified amenities. As a result, the two-story limitation placed on the Property in 1974 is prohibiting necessary updates and redevelopment. The Property cannot be redeveloped to meet current market conditions and demands without higher ceilings, and cannot achieve higher ceilings without an increase in the height limitation to 60 feet.”

    They also note over time the property has become an infill site restricted by roads, residential and commercial development.

    The Properties

    JDM’s property is a nearly 6.3-acre commercial office complex on the NEC of the intersection. The BWI property is 5.3 acres housing a commercial office building immediately to the northeast. The offices serve the international corporate office headquarters for Best Western Hotels & Resorts.

    BWI’s new office and hotel development is intended to serve as a model site for independent hotel operators so they can see firsthand the company’s expected standards and where they can receive training and support for their operations.

    JDM’s current offices were built in the 1980s, and the company claims they no longer fit with the area due to their low ceilings and casita-style design. The company claims a vacancy rate of nearly 50 percent for the site. Various reports for Q1 2018 list the average rate for the submarket at around 18 percent. JDM also notes tenants are leaving its property to relocate in more modern Class A space in other locations. “For a property in this critical location, such circumstances and vacancy rates are not acceptable,” they say.

    JDM is considering three options for the redevelopment – an office building with a retail component, a hotel or a luxury multifamily facility. If the office plan is chosen, JDM will keep its corporate headquarters on the site.

    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

    Best Western Best Western International BWI infill JDM Live Work Play Mixed-Use multifamily office redevelopment
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    City Will Spend $522M Preparing Peoria Innovation

    May 14, 2025

    Industrial Rezoning Sought for 369 Acres in Douglas

    May 13, 2025

    Pinal BOS Okays Rezone for Spec Industrial Park

    May 13, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Labor Department Issues New Guidance on Independent Contractor Classification

    May 14, 2025

    City Will Spend $522M Preparing Peoria Innovation

    May 14, 2025

    ADOT to Hold Hearing on Tentative 5-Year Construction Plan

    May 14, 2025

    Industrial Rezoning Sought for 369 Acres in Douglas

    May 13, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Federal

    Labor Department Issues New Guidance on Independent Contractor Classification

    May 14, 20250

    By National Association of Home Builders The Department of Labor’s Wage and Hour Division recently…

    City Will Spend $522M Preparing Peoria Innovation

    May 14, 2025

    ADOT to Hold Hearing on Tentative 5-Year Construction Plan

    May 14, 2025

    Industrial Rezoning Sought for 369 Acres in Douglas

    May 13, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Labor Department Issues New Guidance on Independent Contractor Classification

    May 14, 2025

    City Will Spend $522M Preparing Peoria Innovation

    May 14, 2025

    ADOT to Hold Hearing on Tentative 5-Year Construction Plan

    May 14, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.