waterview scottsdale

David Fogler+1 602 224 4443 [email protected]

Steven Nicoluzakis+1 602 224 4429 [email protected]

A Premier 240-Unit Fully Entitled Multifamily Development SiteEAST OF THE NORTHEAST CORNER OF SCOTTSDALE ROAD & CAMELBACK ROAD | SCOTTSDALE, ARIZONA

W A T E R V I E W S C O T T S D A L E

CAMELBACK MOUNTAINPARADISE VALLEY

SCOTTSDALEFASHION CENTERSCOTTSDALE

WATERFRONT

OPTIMA SONORAN VILLAGE CONDOS

SAFARI DRIVECONDOSW HOTEL

DOWNTOWN SCOTTSDALEENTERTAINMENT DISTRICT

GALLERIACORPORATE CENTER

OLD TOWNSCOTTSDALE

OPTIMA CAMELVIEWVILLAGE CONDOS

FIRESKY RESORT & SPA

PORTALESFINANCIAL CENTER

PHOENICIAN RESORT& GOLF COURSE

CAMELBACKCORRIDOR

MIDTOWN PHOENIXDOWNTOWN PHOENIX

PLANNED5 STAR HOTEL

CHAPARRAL SUITES SCOTTSDALE

SAGESCOTTSDALE

CAMELBACK ROAD

SCOTTSDALE ROAD HIGHLAND AVENUE

CHAPARRAL ROAD

ARCADIA

04.14.2016 0.06VIEW RESIDENTIAL LOOKING NORTH DOWN 73RD STREET

Cushman & Wakefield is pleased to present a unique opportunity to purchase a 240-unit premier, entitled multifamily development site in Downtown Scottsdale’s prestigious waterfront district. This rare site is located along the Arizona Canal, within walking distance of Scottsdale Fashion Square and Downtown Scottsdale’s world class Entertainment District with its vibrant nightlife. This is truly the best development site currently available in Arizona.

The opportunity consists of approximately 6.1 gross/5.3 net acres of developable land located east of the northeast corner of Scottsdale Road and Camelback Road. This fully entitled development site is approved for 240 residential units and four stories. Today’s generation of “by choice renters” are looking for a unique and central living environment. WaterView Scottsdale is that exceptional site, providing all of that and more. Located just east of Scottsdale’s premier intersection of Scottsdale and Camelback Roads with frontage along the Arizona Canal, the site offers prestige, convenience and walkability to the best shopping, dining, entertainment venues and workplace spaces in Arizona.

WaterView Scottsdale is adjacent to some of Arizona’s finest shops and restaurants located at Scottsdale Fashion Square, The Waterfront and Southbridge. As Arizona’s premier destination shopping mall, Scottsdale Fashion Square features many of the world’s top retailers including Dillard’s, Nordstrom, Neiman Marcus, Macy’s and a complete line-up of specialty retailers, as well as a new Harkins Theater which features 14 screens and unparalleled luxury amenities. Downtown Scottsdale offers a multitude of restaurants, galleries, entertainment and cultural venues all within a short walk of the site.

Access to employment sources is unsurpassed. Downtown Scottsdale features major employers such as Yelp, Scottsdale Healthcare, Omega Financial, IT Toolbox, Concord Servicing, Sacks Tierney Law, CNA Insurance, Q Financial, McKesson, Blue Global Media, Le Cordon Bleu College of Culinary Arts and Walton Consulting. In addition, the office-laden Camelback Corridor is located only minutes away.

THE OFFERING


04.14.2016 0.07VIEW RESIDENTIAL ENTRY DRIVE FROM 73RD STREET


RENDERING - RESIDENTIAL ENTRY DRIVE VIEW FROM 73RD STREET

THE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA


W A T E R V I E W S C O T T S D A L ETHE SITE DETAILS

NOT A PART

Total Gross Land Area ±6.1 Acres | 265,716 Square Feet

Total Net Land Area5.262 Acres | 229,223 Square Feet(Lot 3- Multifamily/Open Space)

Number of Units 240

Density 39.3 DU/AC Gross | 45.6 DU/AC Net

Average Unit Size Per Plan 906 Square Feet

Total Parking Provided 436 Spaces

Approved Building Height 66’

73rd Street Setback 20’

Approved Building Area (Gross) 262,162 Square Feet

Design ArchitectGMP Architects | gmparchitects-la.com(213) 234-9118

Zoning AttorneyJohn Berry | berryriddle.com(480) 385-2727

Zoning Case # 19-ZN-2015, City of Scottsdale

Development Review Board Approved 5-0 | May 5, 2016

Planning Commission Recommended 6-0 | May 25, 2016

City Council Approved 5-2 | June 21, 2016

Approved Zoning D/DMU-2 PBD DO, City of Scottsdale

FULLY ENTITLED



RENDERING - RESIDENTIAL VIEW LOOKING NORTH DOWN 73RD STREET




GROUND / 1ST LEVEL PLAN

1ST/GROUND LEVEL5' - 0"

2ND LEVEL15' - 0"

3RD LEVEL25' - 0"

4TH LEVEL35' - 0"

MEZZANINE LEVEL45' - 0"

UPPER ROOF LEVEL55' - 0"

CANAL BRIDGEOUTDOOR ADULT RECREATION PAVILLIONTWO LEVEL FITNESS PAVILION

TRAIL ACCESS

10' -

0"10

' - 0"

10' -

0"10

' - 0"

10' -

0"50

' - 0"

RESIDENTIAL OPEN SPACEVIEW CORRIDOR

1ST/GROUND LEVEL5' - 0"

2ND LEVEL15' - 0"

3RD LEVEL25' - 0"

4TH LEVEL35' - 0"

MEZZANINE LEVEL45' - 0"

UPPER ROOF LEVEL55' - 0"

10' -

0"10

' - 0"

10' -

0"10

' - 0"

10' -

0"50

' - 0"

TRAIL ACCESS CLUB ROOM / LOBBY LEASING PAVILLIONRESIDENTIAL OPEN SPACE MOTOR COURTOPEN SPACE

04.14.2016 2.10CANAL ELEVATIONS

RESIDENTIAL PROJECTRESIDENTIAL PROJECT

0 20 40105

1" = 20'KEYPLAN

A R I Z O N A C A N A L

7 3 R D S T R E E T

C A M E L B A C K R D.

OPEN SPACE

H O T E L

R E S I D E N T I A L R E S I D E N T I A LS.R.P.

SUBSTATION

2 1 1" = 20'-0"CANAL ELEVATION SOUTHERN PORTION 2

1" = 20'-0"CANAL ELEVATION NORTHERN PORTION 1CANAL ELEVATION - NORTHERN PORTION

THE SITE PLAN

THE ELEVATION


182,727POPULATION

43.8%B AC H E LO R ’ S

DEGREESOR ABOVE

$81,326AVERAGE

HOUSEHOLDINCOME

39.9MEDIAN

AGE

189,865WORKFORCE

$298,796MEDIAN HOME

VALUE

Downtown Scottsdale Demographics


W A T E R V I E W S C O T T S D A L EAREA AMENITIES

142RESTAURANTS

WITHIN A 1-MILE RADIUS

281RETAIL STORES

28BARS &NIGHTCLUBS

In Scottsdale, where shopping is a sport, Scottsdale Fashion Square is considered the MVP. Recognized as one of the top visitor destinations in Arizona, Scottsdale Fashion Square shoppers can indulge in treasures from over 250 stores including Neiman Marcus, Nordstrom, Burberry, Kate Spade, Gucci, Louis Vuitton, Tiffany & Co., Prada, CH Carolina Herrera and Salvatore Ferragamo. The mall recently added an additional ±130,000 square feet that included a 14-screen Harkins theatre and ±50,000 square foot Dick’s Sporting Goods.

Downtown Scottsdale offers a wide range of restaurants, entertainment and cultural venues all within a short walk of the site with dozens of restaurants and over 80 nightlife options, including wine bars, lounges, sports bars and high-energy dance clubs.

Adjacent to Scottsdale Fashion Square is the Scottsdale Waterfront, a 1.1 million-square foot project that includes retail, office, restaurant and high-rise residential living. Boutique Retailers include Urban Outfitters, High Point, David’s Bridal and Primp & Blow. The Waterfront is home to the Fiesta Bowl Museum. Cross the Arizona Canal and you will find Southbridge District, with a diverse collection of locally owned stores and services.

Downtown Scottsdale has the most excitement per city block with dozens of restaurants and over 80 nightlife options, including wine bars, lounges, sports bars and high-energy dance clubs. No matter what your tastes, you will find a menu to satisfy your cravings. Downtown Scottsdale restaurants include Cowboy Ciao, Barrio Queen, Sushi Roku, Citizen Public House, The Lodge, Roaring Fork, P.F. Chang’s, Culinary Dropout, Olive & Ivy, Wildfish and Sauce. Downtown Scottsdale’s entertainment district is the place to be. Whether its drinks at the bar or a night of dancing, there is something for everyone. Party and dance the night away at Downtown favorites, Shade or Living Room at the W Hotel, The Mint or Dierks Bentley’s Whiskey Row. If you prefer a more laid back atmosphere try the rustic-themed The Lodge or the old-school Casablanca Lounge. Day or night, enjoy the party beach side in your own private cabana at Sunset Beach at the W or Maya Day and Nightclub.96

ARTS, ENTERTAINMENT& RECREATION VENUES

11,856TOTAL BUSINESSES

29,075PARKING SPACES



AREA SHOPPING


Armani Exchange

Abercrombie & Fitch

ALDO

Nordstrom

American Eagle Outfitters

Ann Taylor

Anthropologie

Bath & Body Works

bebe

Hugo Boss

Brighton

Brookstone

Bvlgari

Burberry

Cartier

Charming Charlie

Charlotte Russe

Coach

Crate & Barrel

Dick’s Sporting Goods

Dillard’s

Disney Store

Escada

Bicycle Haus

5th Avenue Trading Post

Affordable Elegance

Pandora

Papyrus

Prada

Salvatore Ferragamo

Sephora

Shoe Palace

Steve Madden

Stuart Weitzman

Swarovski

Talbots

Tesla Motors

The Limited

Tiffany & Co

Tommy Bahama

Tory Burch

Trendy Pet

Victoria’s Secret

White House Black Market

Williams-Sonoma

Windsor

Z Gallerie

Connie’s Pet Styles

The Poisoned Pen Bookstore

Scottsdale Bead Supply

Tudor Custom Furniture

Kokopelli Gifts

Foot Locker

Forever 21

Fossil

GAP

Godiva Chocolatier

Gucci

Guess

H&M

J. Crew

Jimmy Choo

Just Sports

Kate Spade

LaCoste

Loft

Luis Vuitton

Lucky Brand

Macy’s

MaxMara

Michael Kors

Microsoft

Neiman Marcus

Nordstrom

Oakley

Old Town Candy & Toys

Mercedes Benz of Scottsdale

CMS Wine Brokerage



AREA DINING


Diego Pops

Chipotle

Fired Pie

Five Guys Burgers

Johnny Rockets

Kona Grill

Panda Express

Paradise Bakery

Pita Jungle

Shake Shack

Thirsty Lion

Z Tejas

Charley’s Philly Steaks

Yard House

Culinary Dropout

P.F. Chang’s

Wildfish Seafood Grille

Zoes Kitchen

Sauce Pizza & Wine

Olive & Ivy

The Herb Box

Barrio Queen

Tapas Papa Frita

Cowboy Ciao

Original ChopShop

FnB Restaurant

The Montauk

Breakfast Club

Franco’s Italian Caffe

Kelly’s at Southbridge

Salty Señorita

Grimaldi’s Pizzeria

Tapas Restaurant

Touch of Thai

Flamma Trattoria Restaurant

Lunch Express

Los Olivos Mexican Patio

Buca Di Beppo

Posh

Sugar Bowl Ice Cream Parlor

Roaring Fork

Pink Pony Restaurant

Loco Patron

Carlsbad Tavern

The Blue Moose

Stingray

Old Town Tortilla Factory

Eddie’s House

Bravo Bistro

Kyoto Japanese Restaurant

The Italian Grotto

Brat Haus

U.S. Egg

Pasta Brioni

Frank & Lupe’s

Philadelphia Sandwich Company

The Orange Table

El Molino Mexican Restaurant

RnR

Gelato Spot

Tommy V’s Urban Kitchen

A Jewel of the Crown Cuisine of India

Park Place Bar and Grill

Kona Sushi

Grazie Pizzeria

Sprinkles Cupcakes

Suh Noi Little Thaiger

The Mission

Big B’s Hangover Gill

Native New Yorker

Merci French Cafe

Urban Table

Rehab Burger Therapy

Native New Yorker

Virtu Honest Craft

Cafe Forte

Bandera

Citizen Public House

Cafe Monarch

Daily Dose

Hula’s Modern Tiki



AREA NIGHTLIFE


AREA ARTS • ENTERTAINMENT • RECREATION

AZ 88

Giligins Bar

Rusty Spur Saloon

DJ’s of Scottsdale

The Casablanca Lounge

The Brush Bar

Forbidden

The Mint Ultra Lounge

Pattie’s First Ave Lounge

Coach House Tavern

V95 Wine Lounge

Two Brothers Tap House & Brewery

Badwater Brewing

Side-Door

Mabels on Main

Fate Brewing Company

Cake Nightclub

Closing Soon Saloon

Hiney Brewery

Bottled Blonde

Dierks Bentley’s Whiskey Row

Majerle’s Sports Grill

Maya Day and Night Club

The W Hotel

Smashboxx Night Club

Blur Nightclub

Second Story Liquor Bar

Drift Lounge

Desert Stages Theater

Green Zebra Adventures

American Fine Art Gallery

Stagebrush Theater

Harkins Camelview Theater

Scottsdale Historical Museum

Scottsdale Artists’ School

Trailside Galleries

Scottsdale Community Players

Comedy Spot Comedy Club

Stand-Up Scottsdale Comedy

Expressions in Bronze Gallery

VH Spa

Scottsdale Regency Club

Open Range Gallery

King Galleries of Scottsdale

Arto of Merlot

Indian School Park Tennis Center

Tilt Gallery

The Escape Room

Durapulse Performance Company

Mystique Fine Art

Lang Fitness

Arizona Tennis Association

Casa De Artistas

Scottsdale Museum of the West

04.14.2016 0.08VIEW RESIDENTIAL LOBBY AND CANAL BEYOND


RENDERING - RESIDENTIAL LOBBY VIEW AND CANAL BEYOND



AREA EMPLOYMENT


Company # of Employees

Salt River Pima Maricopa Indian Community 5,383

Honorhealth 4,475

General Dynamics Mission Systems 3,000

CVS Pharmacy 2,800

Scottsdale Insurance Company 1,800

McKesson Corporation 1,350

Yelp.com 801

Camelback Inn Association 631

The Phoenician Resort 617

Nordstrom 560

Hyatt Regency Scottsdale Resort 495

First Health Group 469

Topgolf USA 450

Blood Systems 422

Montelucia Resort and Spa 358

Downtown Scottsdale Major EmployersFrom The Galleria, Scottsdale’s “high-tech” hub, to SkySong, the ASU Scottsdale Innovation Center, employers have made Downtown Scottsdale their go-to address for doing business. Downtown Scottsdale is the city’s second largest employment center. Its vital urban environment continues to attract companies looking for the best live-work-play environment.

In December 2013 Mercedes Benz opened a three-story, 115,000-square-foot dealership at Scottsdale Road and Highland Avenue. The dealership moved to Downtown Scottsdale after 45 years in Phoenix explaining that the move was to locate closer to their customers.

270EXISTING OFFICEBUILDINGS

3,724,299EXISTING OFFICESQUARE FEET



DOWNTOWN SCOTTSDALE URBAN LIFESTYLE


The SCOTTSDALE TROLLEY runs every 10 minutes, 11:00 a.m. to 9:00 p.m., 7 days a week, providing free rides all around Downtown Scottsdale.

13,991RESIDENTS WITHINWALKING DISTANCE

91WALK SCOREWALKER’S PARADISE

53TRANSIT SCOREGOOD TRANSIT

Downtown Scottsdale features a mix of walkable areas, including a waterfront promenade line with apartments and condominiums, office spaces and restaurants. The area includes western-themed shopping, art galleries, museums, Scottsdale Fashion Square mall and a vibrant nightlife district.

CAMELBACK MOUNTAIN

SCOTTSDALEFASHION CENTER

SCOTTSDALEWATERFRONT

OPTIMA SONORAN VILLAGE CONDOS

SAFARI DRIVECONDOS

W HOTEL

DOWNTOWN SCOTTSDALEENTERTAINMENT DISTRICT

GALLERIACORPORATE CENTER

OLD TOWNSCOTTSDALE

OPTIMA CAMELVIEWVILLAGE CONDOS

FIRESKY RESORT & SPA

PORTALESFINANCIAL CENTER

PHOENICIAN RESORT& GOLF COURSE

CAMELBACKCORRIDOR

MIDTOWN PHOENIXDOWNTOWN PHOENIX

PLANNED5 STAR HOTEL

SAGESCOTTSDALE

CAMELBACK ROADSCOTTSDALE ROAD

HIGHLA

ND AVENUE

CHAPARRAL ROAD

PHOENIX SKY HARBOR INTERNATIONAL AIRPORT

PAPAGO PARK

ARCADIA

W A T E R V I E W S C O T T S D A L ETHE BEST ENTITLED MULTIFAMILY DEVELOPMENT OPPORTUNITY AVAILABLE IN ARIZONA

MCKE L LI PS RD

MESA COUN TRY C LU B

MCC

LINT

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DRCAMEL BACKCOR R IDO R

SH EA BLV D

DOUB LE TR E E R AN CH R D

LI NCOL N DR

MCDON AL D DR

IN DI AN SCH OOL RD

THOM A S R D

MCDOWE L L R D

VA N B URE N ST

CU RRY R D

BR OA DWAY RD

SOUT HE R N AVE

PHOE N IXMOUN TA I NSPRE S ER VE

CA ME L BA CKMOUN TA I N

7TH

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MCCORMI CK RANC H GC PAL M COUR SE

GAI NEY R ANCH GOL F COUR SE

SCOTT SDALECOUN T RY CLUB

ORAN GE T R EE GOL F COUR SE

AR I ZO NA BI LT MOR E GOL F COUR SE

AR I ZO NACOUN T RY

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PHOEN IC IAN GOL F COUR SE

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PHOE N IX S KY HA R BOR I N TL A I R PORT

MIL L AVENU E D ISTR ICT

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19TH

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GL E NDA L E AV E

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SCOTT SDALE CO MMU NI TY COLL EGE

TALK I NG ST I CK GOL F CLUB

SALT R IV ER F IE LDS AT TALK IN G ST ICK

TH E PAVI LI ONS AT TALK IN G ST I CK

Cushman & Wakefield Copyright © 2016. The information contained herein was lawfully obtained from sources we consider reliable. Cushman & Wakefield is not responsible and expressly disclaims all liability for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser’s (or Lessee’s) independent investigation.

For more information please contact:

David Fogler+1 602 224 4443 [email protected]

Steven Nicoluzakis+1 602 224 4429 [email protected]

SCOTTSDALE

FOUNTAINHILLS

PARADISE VALLEY

PHOENIXSKY HARBOR

AIRPORT

PHOENIX

TOLLESONGOODYEAR

AVONDALE

SURPRISE

GLENDALE

SUNCITY

GILBERT

QUEENCREEK

CHANDLER

TEMPE

PEORIA

MESA

A Premier 240-Unit Fully Entitled Multifamily Development SiteEAST OF THE NORTHEAST CORNER OF SCOTTSDALE ROAD & CAMELBACK ROAD | SCOTTSDALE, ARIZONA

WaterView


waterview scottsdale

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