Mixed-Use Office & Retail Project to Bring Nearly 250,000 SF of New Commercial Space
Scottsdale, Arizona — Palmer Development Group of Scottsdale has broken ground on its mixed-use project called The Edge, which is located on the northeast corner of 90th Street & Loop 101. The new development will feature office and retail space at the northern gateway of the Loop 101 Corridor.
“We view this landmark site as the crown jewel of the Talking Stick Entertainment and Business Corridor and the gateway to greater Scottsdale,” says Daniel Lupien, managing partner and founder of Palmer Development Group. “The highly visible location will provide unmatched branding opportunities and access to one of the strongest demographics in the country.”
This 15-acre parcel will include a four-story, 212,000-square-foot Class A office building, which was designed to blend with the earthen reds, browns, gray and tan color tones of the surrounding desert terrain. Butler Design Group has painstakingly worked to create unique blends of texture and colors, as well as pattern references that reflect the Pima and Maricopa heritage. The office portion is slated for completion in March 2021.
The Edge will also include 22,000 square feet of retail in-line shop space and two pad locations. Multiple retailers have already committed to occupy space at The Edge, including Black Rock Coffee, Café Rio and Beauty Bar. Palmer Development is actively engaged in negotiations for the balance of the project. Initial occupancy of retail space is planned for December of this year.
“The Edge will fulfill a growing demand in the North Scottsdale submarket for more Class A office space and retail services,” says Lupien. “The ever-expanding population of the area offers approximately 2.5 million highly educated employees within a 30-minute drive of this location with executive housing opportunities in the surrounding neighborhoods. It’s extremely rare to find a class A office development in Arizona with both qualities,” says Lupien. The retail component of our project will provide convenient services to the surrounding office users, as well as the 240,000 cars who drive by this site each day.” The Edge is situated within a 10-minute drive of 240,000 Scottsdale residents and more than 150,000 daytime employees in the immediate trade area.
The Edge is being developed by Palmer Development Group of Scottsdale & Dominion Management Company of Manhattan, NY. Butler Design Group serves as architect for the project and Haydon Construction as the general contractor. EPS provides Civil Engineering and Foursite is handling construction management.
Office leasing for The Edge is being handled by John Bonnell, Brett Abramson, Chris Latvaaho and Chris Beall of JLL Phoenix. Retail leasing is being handled by Brent Mallonee and Shane Carter at Cushman & Wakefield.