Airpark News – Scottsdale Quarter Targets Spring 2009

Information provided by: Scottsdale Airpark News

Ah, they grow up so fast.

Scottsdale Quarter, a dusty lot on the northeast corner of Scottsdale Road and N. Greenway-Hayden Loop earlier this year, now resembles its artist renderings. The $250 million, 28-acre project is on track to launch in three phases, officially opening its doors to the public in spring 2009. Initial work began on the site, former home to the Dial Corporation, in October 2007.

The developer behind the mixed-use development, REIT Glimcher Realty Trust, is positioning Scottsdale Quarter to offer over 1 million square feet for diverse uses. Among those are 293,000 square feet of mixed-use retail, 168,000 square feet of restaurant options, 48,000 square feet of entertainment, and 235,000 square feet of office space. Also included in the project plan is a hotel and residential component which the REIT states “will be developed by others independently from the retail and office space being developed by Glimcher.”

Other key players in the project, sometimes referred to by planners as “Kierland Uncommons,” include regional industry leaders. Corritore Company is handling retail leasing. Nelsen Architects of Phoenix provided the design. The general contractor is construction manager Whiting-Turner.

Glimcher, a Columbus, Ohio company, owns interest in and manages 26 malls (21 wholly-owned and two partially-owned through joint ventures) and three community centers.