Called Kierland Commons, the office and retail center stands at Greenway Parkway and Scottsdale Road. At build-out, the 38-acre project will have 450,000 sf in an "urban village" environment.
"Because of our success with the first phase of the project, we have commitments from retailers for most of phase two," says Daniel Gosnell, vice president of Kierland Commons developer Woodbine Southwest Corp.
The second phase will includes six buildings with about 70,000 sf of retail space and 50,000 sf of office space. The two- and three-story buildings should be ready for occupancy sometime next year.
The first phase, scheduled for completion by the end of this year, is already 95%. Its tenants include The Cheesecake Factory, Morton's Steak House, Crate and Barrel, Restoration Hardware and P.F. Chang's China Bistro.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.