Northeast Scottsdale Road & Loop 101 in …...750 luxury apartments units on site (The Jefferson at...
10
Northeast Scottsdale Road & Loop 101 in Scottsdale, Arizona
Transcript of Northeast Scottsdale Road & Loop 101 in …...750 luxury apartments units on site (The Jefferson at...
Northeast Scottsdale Road & Loop 101 in Scottsdale, Arizona
SALT RIVER PIMA-MARICOPAINDIAN COMMUNITY
FORTMCDOWELL
YAVAPAINATION
MCDOWELLREGIONAL
PARK
TONTONATIONAL
FOREST
TONTONATIONAL
FOREST
NORTHSCOTTSDALE
TOPAYSON
PARADISEVALLEY
CAREFREE
CAVE CREEK
NEWRIVER
ANTHEM
DESERTHILLS
MESA
TEMPE
SCOTTSDALEAIRPORT
MCDOWELLSONORANPRESERVE
FOUNTAINHILLSSCOTTSDALE
51
101
143
87
60
10
17
202
101
Metro Phoenix Site Location Map
The entire mixed-use One Scottsdale project (Phase I and Phase II) will be comprised of approximately 2.8 million square feet of gross leasable area.
One Scottsdale has the ability to pull from a much greater trade area with the Loop 101 Freeway.
575,000 square feet of office is planned on site in Phase I and approximately 58,300 employees already work within an eight-minute drive time from the entrance to One Scottsdale.
Parking will be surface, with opportunity for garage parking in the evening.
750 luxury apartments units on site (The Jefferson at One Scottsdale and The Jefferson at Legacy).
Adjacent to Phase II Mixed-Use One Scottsdale Project (zoned for up to 400 hotel rooms).
42,197 residents within 3 miles; 150,165 within 5 miles; 477,186 within 10 miles.
Median household income of $86,334 within 3 miles; $81,702 within 5 miles; $67,589 within 10 miles.
The Scottsdale Road and the Loop 101 Freeway intersection falls within the premier shopping destination for all of metro Phoenix. With the existing, high-end shopping centers of Kierland Commons, Scottsdale Quarter, The Promenade, and Scottsdale 101, local residents and tourists alike travel to this area to spend on retail, automobiles, restaurants, entertainment, and hospitality.
The City of Scottsdale was just ranked #50 of best places to live in the nation by Time Magazine in September 2016. Scottsdale was also ranked as #46 for the top domestic travel destinations for Americans in 2014 by Hotels.com. WalletHub ranked Scottsdale as the #1 city in the nation for living an active lifestyle in 2016, the #10 city in the nation for best places to retire, and #16 in the nation for entertainment and food choices.
Five major events take place within 2 miles of this intersection, bringing in close to 2 million attendees each year. The extended North Scottsdale trade area contains some of the highest income housing for both permanent and seasonal residents, and also has other events and attractions that add over 2 million more visitors per year. The Loop 101 Freeway allows easy access to this highly-desirable area from every part of the greater Phoenix Metropolitan Area.
North Scottsdale Events & Attractions:
Waste Management Phoenix Open 618,365 attendees
Barrett-Jackson Car Auction 360,000 attendees
Westworld of Scottsdale 750,000 attendees at various events
Odysea Aquarium Estimated for 1,000,000 visitors per year
TopGolf 435,500 visitors per year
Butterfly Wonderland 400,000 visitors per year
Salt River Fields at Talking Stick 391,108 attendees for Spring Training MLB
Taliesin West (Frank Lloyd Wright home) 100,000 visitors per year
Russo and Steele Car Auction 35% increase in attendees
Arizona Bike Week 70,000 attendees and 208 official vendors
Regional Dining and Shopping Opportunity, North Scottsdale
ONE SCOTTSDALE | 5
About the Area:
The intersection of the Loop 101 Freeway and Scottsdale Road is the second-busiest in Scottsdale with 135,189 vehicles per day on Loop 101 east of Scottsdale Road and 147,116 vehicles per day west of Scottsdale Road (ADOT 2015). Scottsdale Road has 43,750 vehicles per day north of Loop 101 (Phoenix 2014) and 52,866 vehicles per day south of Loop 101 (ADOT 2015), this is more vehicle traffic per day than the intersection for Scottsdale Quarter and Kierland Commons.
Scottsdale Road is the main interceptor to attract residents living to the north.
Scottsdale hosted an estimated 8.6 million annual visitors in 2015 (a 3.1% increase over 2014) that spent over $1.47 billion in the city.
About the Area:
There are over 8,900 hotel rooms in Scottsdale and over 16,300 including the immediate surrounding areas. The average overnight traveler is 49 years old and spends an average of 3.9 nights in Scottsdale.
Dining and shopping have been ranked #1 and #2 for tourist activities, followed mostly by cultural and sight-seeing adventures.
There are 41 golf courses in the nearby Scottsdale area (18 located within 7 miles of the site). Two annual golf tournaments: Waste Management Phoenix Open (PGA) and JTBC Founders Cup (LPGA) are held about 1.5 miles from the site.
AERIAL
Scottsdale Rd & Loop 101 | SCOTTSDALE, AZ
EXISTINGLUXURY MULTI-FAMILY
COMMUNITY
PHASE IINSET
PLANNEDOFFICE 575,000 SF
SHOPS/RETAIL PADS
DISCOUNT TIREHQ
GRAYHAWK BEERCOMPANY
CHAUNCEY LANE
SCOTTSDALE 101
SCOTTSDALE 101AUTO COLLECTION
ONE SCOTTSDALE
GRAYHAWK PLAZA
FRONTAGE RD
SCO
TTSD
ALE
RD
SCO
TTSD
ALE
RD
THOMPSON PEAK PKWY
HAYDEN RD
LEGACY BLVD
GRAYHAWK DR
MAYO BLVD
CHAUNCEY LN
65101
GRAYHAWK6200 UNITS
MARAVILLASCOTTSDALE
ASSISTED LIVINGFACILITY
GRAYHAWKELEMENTARY SCHOOL
STU 569
±147,116 VPD
±52,
866
VPD
±135,189 VPD
±43,
750
VPD
PLANNED
PLANNED
Apartment 322 Units
Apartment 187 Units
Condo or Townhome 199 Units
Apartment 497 Units
Apartment 348 Units
Condo or Townhome 785 Units
Apartment 388 Units
Apartment 278 Units
Condo or Townhome 301 Units
Condo or Townhome 312 Units
Apartment 490 Units
Apartment 287 Units
Apartment 1150 Units
Condo or Townhome 388 Units
≈160,000 SF of retail350 planned residential units
* This map was produced using data from private and governmental sources deemed to be reliable. The information herein is provided without representation or warranty.
NEC Scottsdale Rd & Loop 101 | SCOTTSDALE, AZONE SCOT TSDALE
AERIAL
PHOENIX COMMERCIAL ADVISORS
36TH
ST
38TH
PL
40TH
ST
44TH
ST
52N
D S
T
56TH
ST
60TH
ST
60TH
ST
64TH
ST
68TH
ST
94TH
ST
ACOMA DR
BELL RDBELL RD
DEER VALLEY RD
FRANK LLOYD WRIGHT BLVD
FRONTAGE RD
GREENWAY RD
GROVERS AVE
HAY
DEN
RD
HAY
DEN
RD
MCDOWELL MOUNTAIN RANCH R
D
PARADISE LN
PIM
A R
D
PINNACLE PEAK RD
PRINCESS DR
RAINTREE DR
SCO
TTSD
ALE
RD
SCO
TTSD
ALE
RD
SWEETWATER AVE SWEETWATER AVE
TATU
M B
LVD
THOMPSON PEAK PKWY
THOMPSON PEAK PKWY
THOM
PSON
PEAK PKWY
THUNDERBIRD RDTHUNDERBIRD RD
UNION HILLS DR
UNION HILLS DR
65101
6551
1,200 Employees
420 Employees
6,500 Employees
250 Employees
750 Employees
300 Employees
600 Employees
3369 Employees
400 Employees
1899 Employees
600 Employees
540 Employees
400 Employees
750 Employees
400 Employees
1431 Employees
700 Employees
500 Employees
400 Employees
400 Employees
555 Employees
1150 Employees
500 Employees600 Employees
414 Employees
450 Employees
470 Employees
450 Employees
1010 Employees
500 Employees
700 Employees 500 Employees
1500 Employees
PAG WESTLLC
SITE 756
STRUCTURAL I CO
Retail Master Plan
Pad A 69
At Large North 69
Pad B 69
Pad C 75
At Large South 60
Pad D 34
Total 376
PARKING SPACES
ONE SCOTTSDALE | 9
Retail Pad B & C
Pad B
±2.06 AC (±89,854 SF)
±7,600 SF - 78 spaces
Pad C
±1.95 AC (±84,896 SF)
±7,600 SF - 86 spaces
SCOTTSDALE
PARAD I S EVAL L EY
PHOEN I X
Teale BloomAssociate Vice President [email protected]
Cameron WarrenAssociate Vice President [email protected]
Greg [email protected]
Exclusively Listed By
3131 East Camelback Road, Suite 340 Phoenix, Arizona 85016 P 602-957-9800 F 602-957-0889www.phoenixcommercialadvisors.com
The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. [159] OCT 26, 2016
