Alter Announces $54 million comprehensive sports medicine center  for Banner Health at Riverwalk at Talking Stick


Three-story, 80,000 SF complex will be a destination center for professional athletes

Scottsdale, Arizona  – Alter (, one of the nation’s leading commercial real estate developers, announces a $54 million, three-story, 80,000-square-foot comprehensive sports medicine center at its Riverwalk at Taking Stick ( mixed-use development, located along the Loop 101 at Indian Bend Road in Scottsdale.

“We are pleased to welcome Banner Health to the Riverwalk development,” said Richard M. Gatto, executive vice president with Alter. “When completed, the project will be a destination center for athletes that provides key services dedicated to sports medicine in one location, making it unlike any other in the region.” Preliminary design is underway, with a planned opening in the fourth quarter of 2022.

Scott Nordlund, Banner’s chief strategy and growth officer, said, “This project is a great example of Banner’s mission to make health care easier so life can be better.  We are proud to invest in the community and to be able to provide comprehensive sports medicine services under one roof to serve all athletes.” The development is in strategic alignment with Banner’s existing partnership with several prominent local athletic teams, including Arizona Diamondbacks, Phoenix Suns, Phoenix Mercury and University of Arizona.

Banner Health was represented by Pat Williams, managing director of Jones Lang LaSalle; Kurt Rosene, principal of NOVO Development, represented Alter.

Riverwalk at Talking Stick is one of the country’s largest developments on Native American land, Riverwalk at Talking Stick will yield an estimated 1,500,000-square-feet of corporate office and retail space, and create nearly 15,000 new jobs. Riverwalk’s blue-chip tenants include GlobalTranz ( and ICE ( Riverwalk is located on prime land owned by the Salt River Pima-Maricopa Indian Community, which is home to the Pima and Maricopa tribes, both descendants of the Hohokam. One of Riverwalk’s signature facilities is Rtech, Alter’s new prototype office space features 15’ tall ceilings, 7:1,000 parking, a spacious hotel-style lobby with a conjoined Starbucks coffee bar, a medical clinic and interactive seating areas.


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