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$12M in Office Condo Parks Slated

PHOENIX-Cavan Development will start work in May on a six-building development at 87th Avenue and Union Hills Drive in Peoria while Hewson looks at a July kick-off on a nine-building project for the West Valley corner of 91st Avenue and Indian School Road.

By Lee Simmons | Updated on May 01, 2004

PHOENIX-Two of the region’s top developers are making plans to break ground in the coming months on a pair of office condo parks in the West Valley and Peoria. The combined 90,584 sf will be completed by first quarter 2005.

Cavan Development of Scottsdale and Phoenix-based Hewson Co. have plans underway to build “for lease” and “for sale” product serving white-collar and medical users. “It’s definitely going to meet an unmet need in the marketplace,” Brad Logan, a principal at Phoenix-based Cavan Commercial, tells GlobeSt.com.

The Hewson Co. has inked plans in the West Valley to bring out a $7.3-million, 5.3-acre office-condo development, Indian School Professional Plaza. Located on the northwest corner of 91st Avenue and Indian School Road, the project will feature nine freestanding buildings, totaling 54,630 sf. Plans call for a July ground-breaking followed by a six-month build-out.

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