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CityNorth Emerges

By Sanjog Gopal Published 11/16/2007 | Real Estate

Encompassing 5.5 million square feet, built on 144 acres, CityNorth emerges as the largest development in the country.  This impeccably planned, pedestrian-friendly city will become the urban core for the Northeast Valley in Phoenix.

The objective is to create an interactive environment where residents can  live, work and play. The development includes a mix of retail, residential, dining, hotel, office space, cultural, civic, entertainment and fitness venues.

CityNorth is a privately held real estate investment, inspired by the development and consulting firm of Thomas J. Klutznick and renowned developer Kenneth A. Himmel. His firm was responsible for award-winning projects such as the 2.8 million square foot, Time Warner Center; One Central park residences, Jazz at Lincoln Center and City Place in West Palm Beach.

Location

With easy access from the Pima Freeway (Loop 100), CityNorth can be easily reached from all four directions. The two full interchanges off the Pima Freeway are Tatum Blvd. and 56th St. CityNorth is conveniently located to Airports, the Mayo Clinic Hospital and is accessible by nearly 1 million people in 25 minutes or less.

Retail

Retail plans include 1 million square feet of a huge variety of outlets including, high-end designer boutiques, department stores, hardware stores and art galleries. It reflects a shopping environment to satisfy everyone's  tastes and needs.

Restaurants

Dining choices will range from coffee houses, cafes, and local favorites, to fine dining establishments run by renowned chefs.

Office / Hotels

Office space will occupy over 2 million square feet where tenants can choose from single-user spaces, corporate headquarters or smaller loft offices. 

Several different hotels have been incorporated into the CityNorth plan, varying from hip, boutique to ultra-luxury and business-oriented.

Residential

Following suit with the retail and restaurant schema, the residential plan also offers a variety of different uses by appealing to various budgets and lifestyles. Some of the units will be incorporated into the retail space, such as townhomes, condos and apartments built above retail shops and restaurants.

The balance of the residential lies within the 5,700 acre community of Desert Ridge where currently 6,500 single-family homes and condominiums are under construction and approximately 10,000 more are slated to be built within 5 years.

Desert Ridge Community

  This community of CityNorth includes the above residential as well as the following:
     
  • JW Marriott Desert Ridge Resort & Spa - a 950 room resort and convention hotel including 8 tennis courts, a 36 hole championship golf course, spa, 10 restaurants and 252 time-share units.
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  • Desert Ridge Marketplace - This  1.2 million square foot entertainment complex includes a 4,000-seat AMC Theatre, all the major retail giants and 28 restaurants.

Although some of the residential areas have already been completed, the  downtown area of High Street is scheduled to open in 2009. The on-site Sales Gallery will open in January 2008 for those interested in a sneak preview.

"There's no place like home" say the dedicated Phoenix Realtors at OZ Realty. Contact them for all of your Phoenix real estate needs.