6 Arizona real estate projects to watch

AZRE

The COVID-19 pandemic may have thrown a wrench into many industries, but the Arizona real estate industry does not seem to be one of them. Many Arizona real estate companies experienced banner years in 2020, and many are optimistic as we travel deeper into 2021. Here are six Arizona real estate projects to watch in the coming year.

Replay Destinations has acquired real estate development parcels at The Phoenician®, a Luxury Collection Resort in Scottsdale. Known as Ascent at The Phoenician®, the project includes a planned private pool and fitness amenity tucked up against Camelback Mountain.

RESIDENTIAL

Ascent at The Phoenician

DEVELOPER: Replay Destinations

GENERAL CONTRACTOR: Tiffany Construction Co., and PWI Residential Construction

ARCHITECT: Nelsen Partners, Vallone Design, Floor Associates and bulthaup

LOCATION: 6000 E. Camelback Rd., Scottsdale

SIZE: 195 units

VALUE: WND

START/COMPLETE: November 2020/Spring 2022

Premiere at Eastmark.

MULTIFAMILY

The Premiere at Eastmark 2.0

DEVELOPER: PCS Development

GENERAL CONTRACTOR: Route2

ARCHITECT: Route2

LOCATION: NEC Ray Rd. & Ellsworth Rd. Mesa

SIZE: 354 units (site is 13.2 acres)

VALUE: WND

START/COMPLETE: Q2 2021/Q3 2022

303 Logistics.

INDUSTRIAL

303 Logistics

DEVELOPERS: Barclay Group and W.M. Grace Companies

GENERAL CONTRACTOR: The Renaissance Companies

ARCHITECT: Butler Design Group

BROKERAGES: JLL

LOCATION: 16695 W. Glendale Ave., Glendale

SIZE: 349,663 SF (Phase 1)

VALUE: WND

START/COMPLETE: September 2020/Q2 2021

CarSense.

RETAIL

CarSense

DEVELOPER: Penske Automotive Group

GENERAL CONTRACTOR: A.R. Mays Construction

ARCHITECT: John Mahoney Architect

LOCATION: 101 & Indian School/Scottsdale Autoshow

SIZE: 43,465 SF

VALUE: $8,500,000

START/COMPLETE: October 2020/July 2021

Loftin Equipment Headquarters.

OFFICE

Loftin Equipment Headquarters

DEVELOPER: Loftin Equipment

GENERAL CONTRACTOR: LGE Design Build

ARCHITECT: LGE Design Group

LOCATION: 52nd St. and McDowell Rd., Phoenix

SIZE: 20,549 SF

VALUE: WND

START/COMPLETE: December 2020/Q3 2021

MULTIFAMILY

The Manor Scottsdale

DEVELOPER: The Related Group

GENERAL CONTRACTOR: McShane Construction Company

ARCHITECT: Humphreys & Partners Architects

LOCATION: 13320 N. Scottsdale Rd., Scottsdale

SIZE: 286 units

VALUE: $88 million

START/COMPLETE: November 2020/March 2022