{"id":1004075373,"date":"2013-06-03T06:08:13","date_gmt":"2013-06-03T14:08:13","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=134963"},"modified":"2020-05-11T04:33:04","modified_gmt":"2020-05-11T12:33:04","slug":"ryan-cos-sunbelt-holdings-team-for-600m-tempe-project-dmb-opens-mesa-master-planned-community","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ryan-cos-sunbelt-holdings-team-for-600m-tempe-project-dmb-opens-mesa-master-planned-community\/","title":{"rendered":"Ryan Cos., Sunbelt Holdings Team for $600M Tempe Project; DMB Opens Mesa Master-Planned Community"},"content":{"rendered":"

By Amalia Otet, Associate Editor<\/em><\/p>\n

Ryan Companies US, Inc., and Sunbelt Holdings have joined forces for what would be the biggest office development deal in Arizona history. The team is eyeing a $600 million transit-oriented project adjacent to Tempe Town Lake in Tempe.<\/p>\n

Provided the City Council approves the plan, Ryan and Sunbelt would build 1.9 million square feet of office space on a 20-acre tract owned by Arizona State University north of Sun Devil Stadium. Designed by Tempe-based architectural firm DAVIS, the project would include a five-building campus anchored by State Farm, a 10-acre lakeside plaza, plus an additional 40,000 to 60,000 square feet of retail amenities.<\/p>\n

In other development news, DMB marked the grand opening of its master-planned community in Mesa, approximately 30 miles southeast of Downtown Phoenix.\"\"<\/a>Dubbed Eastmark, the project will feature a mix of uses including employment, tourism, residential, retail and entertainment, according to the developers.<\/p>\n

The 3,200-acre property is located at the southeast corner of Elliot and Ellsworth Roads. The first residential phase of more than 700 single-family homes is located just north of Ray Road between the northwestern corner of Ray and Signal Butte roads.<\/p>\n

The community will ultimately offer a variety of housing options ranging from apartments and multi-family residences to custom homes and home sites.<\/p>\n

DMB has selected seven local and national builders for the first phase\u2019s residential neighborhoods, \"\"<\/a>
\nincluding Standard Pacific, Woodside and Meritage Homes which have models under active construction along the Cambium Court park. Home prices range between the low $200,000s to more than $400,000.<\/p>\n

Amenities will include the 1.5-mile long, 106-acre Eastmark Great Park, modeled after some of the great urban parks of the world; richly landscaped, tree-lined streets and parkways; a riparian habitat; and the Mark, a community center that would serve as Eastmark\u2019s social hub.<\/p>\n


\nRenderings: Eastmark<\/a> \/Standard Pacific<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ryan Companies US, Inc., and Sunbelt Holdings have joined forces for what would be the biggest office development deal in Arizona history. The team is eyeing a $600 million transit-oriented project adjacent to Tempe Town Lake in Tempe.<\/p>\n","protected":false},"author":39,"featured_media":1004505702,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742,1601],"tags":[],"class_list":["post-1004075373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","category-phoenix"],"acf":[],"yoast_head":"\nRyan Cos., Sunbelt Holdings Team for $600M Tempe Project; DMB Opens Mesa Master-Planned Community - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ryan-cos-sunbelt-holdings-team-for-600m-tempe-project-dmb-opens-mesa-master-planned-community\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ryan Cos., Sunbelt Holdings Team for $600M Tempe Project; DMB Opens Mesa Master-Planned Community\" \/>\n<meta property=\"og:description\" content=\"Ryan Companies US, Inc., and Sunbelt Holdings have joined forces for what would be the biggest office development deal in Arizona history. 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