Mixed-use project to bring luxury apartments, hotel, retail and office space to Avondale
PHOENIX – Construction begins this month on Overland Group’s Avondale Commons, a 22.6-acre mixed-use development on the northwest corner of Avondale Boulevard and McDowell Road. The project will bring four luxury apartment buildings, a hotel, two restaurants, four office buildings and many retail shops to the area. The first portion of the four-building, 39,650-square-foot medical office complex is underway and anticipated to deliver amazing space the second quarter of 2024.
“The Southwest Valley has experienced unprecedented growth, which is driving the need for additional medical and professional office space,” says Philip Wurth, executive vice president with Colliers in Arizona. “The vibrant mix of residential, employment, hospitality and retail amenities all on one site within this project will make Avondale Commons a true destination within the market.”
Avondale Commons will feature modern, four-sided architectural design in a lush garden office setting with highly visible monument signage on McDowell Road and Avondale Boulevard. The office and retail space will be finished in 18 months and is available for pre-leasing. The luxury apartments are scheduled to be completed in 30 months, shortly followed by the hotel and conferencing facilities. Office space is expected to be leased by medical professionals and general office business users. The retail portion will include onsite dining and boutique retail amenities.
Avondale Commons, situated at the corner of Avondale Boulevard and McDowell Road, is located just north of Interstate 10, making it easily accessible for professionals and their clients. The property is near Phoenix Children’s Hospital Southwest Valley, the expansive Friendship Park, and a variety of attractive residential neighborhoods.
Philip Wurth and Brian Woods of Colliers in Arizona are the exclusive leasing agents for the office and retail portions of the project. Overland Group is the developer of the project and Overland Construction serves as the general contractor.
About Colliers
Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 62 countries, our 17,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 27 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of 20% for shareholders. With annual revenues of $4.3 billion and $77 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn.
