by Amalia Otet, Associate Editor
Douglas Allred Co. has broken ground on the sixth speculative office building at Allred Park Place, its master-planned mixed-use development in Chandler.
San Diego-based Allred expects completion of the 100,622-square-foot, two-story building by July 2014. Located at 1255-1450 S. Spectrum Blvd. within the Price Road Corridor, Allred Park Place is a large-scale, 143-acre office, retail and hospitality development.
Upon completion of the current project, Allred Park Place will offer approximately 500,000 square feet of Class A office space. It has direct access to the Loops 101 and 202, offering ready access from most locations in the Valley, including Phoenix Sky Harbor International Airport.
Infusionsoft relocated its headquarters to a 92,109-square-foot office building at Allred Park Place in early 2013, joining such tenants as Education Management Corporation, Healthways, International Rectifier and League for Innovation in the Community College.
Future plans call for the construction of an office campus exceeding 2 million square feet along with hotel and retail facilities.
Mark Krison, Brad Anderson and Bryan Taute of CBRE Group Inc.’s Phoenix office will handle leasing for the building. Phoenix-based Balmer Architectural Group is the project architect and Willmeng Construction of Mesa is the contractor.
Photo credit: Douglas Allred Company