Having
sold off the southern almost‑half of its original parcel,
Paragon elected to develop nearly all of this remaining 60 percent.
The undeveloped piece, which Michael Blenes, a Paragon partner,
has dubbed “the cherry,” occupies a prime spot on Scottsdale
Road just south of Adobe Road.
Phase
I broke ground late last year, and construction will be completed
by the beginning of June. Individual spaces in the four buildings
range from 2,300 to 3,200 square feet, and all have been taken.
Spaces are larger in the second and third phases, with the smallest
approximately 3,600 square feet. Already available for sale,
the spaces are predetermined in size. In addition to the 3,600‑square‑foot
space, there are spaces at 4,200 square feet, 5,800 square feet
and 6,800 square feet. Construction is expected to take seven
to eight months, with completion anticipated by the middle of
next year.
Like
Phase I, Phases II and III will feature a roll‑up, grade‑level
loading door in the rear of each unit, office space in the front,
and approximately 60 feet of clear height on the interior warehouse
areas. The front face will be 24 feet and, with the front of
each building two stories, each bay will include 1,000 square
feet of upstairs mezzanine. All Phase II condos except one include
a 3,600‑square‑foot walled‑in area in the
rear.
The
look of the buildings–with stone accents and a lot of glass–is
the contemporary Tuscan look that seems to have transplanted
itself so successfully into our Sonoran Desert. There will be
variations in the look of Phase I compared to Phases II and
III, as different architects were involved. Phoenix‑based
Archicon designed the first phase, and Cawley Architects, also
a Phoenix‑based company, designed the second and third.
Bob Kling, of Lee & Associates, who is representing the
office‑warehouse development, describes the look as “high‑end”
and notes the value of the details in giving condo owners a
feeling of pride in ownership.
Phases
II and III are separated from Phase I by one of the driveways
into the property, coming off of Adobe Road. Scottsdale Ridge
may also be entered off Scottsdale Road. Parking surrounds the
buildings, provided at a ratio of 2.6 per 1,000 square feet
of condo space for Phase I and at the higher ratio of 4 per
1,000 square feet of condo for Phases II and III.
Businesses
attracted to the Scottsdale Ridge condos range from a vitamin
distributor to a dance studio, and include a research and development
laboratory, car stereo installation, and canterra stone storage
and showroom. Kling sees interest in quasi‑retail use
as well as 80 percent office with warehouse space in the rear.
The
site is crossed by power lines, and towers that support those
lines stand on the eastern end of the property. Building, therefore,
was restricted on that part of the parcel, but Paragon is making
productive use of the space around the towers by constructing
outdoor storage lots. According to Kling, the lots will be walled‑in
with eight‑foot‑high block walls that will feature
a rolling gate. Greg Hopley of Colliers Classic, who has represented
Paragon Properties’ sale of portions of the land, says that
his 20 years’ experience in the Airpark has shown him there
is a large demand for yard storage. “But there’s hardly any
available,” he notes.
For
information on purchasing a Scottsdale Ridge office‑warehouse
condominium, contact Bob Kling of Lee & Associates at (602)
956‑7777. Those interested in the remaining piece of undeveloped
land on Scottsdale Road may contact Greg Hopley of Colliers
Classic at (602) 999‑5396.