Pulse: Project News for the Week of April 12, 2021
Arizona Pivotal Group is planning to develop the Central Park mixed-use development in Phoenix. The 2.3-million-sq-ft project will be situated on 18 acres of undeveloped land at 4141 N. Third St. It will include six towers, ranging in height from 165 ft to 355 ft, and will have office, hotel, residential, senior living and retail space. The project proposes two commercial office towers with 760,000 sq ft of commercial office space, 170,000 sq ft of retail and restaurant space, a movie theater and a 200-room, 185-ft-tall hotel. It will also include two 355-ft residential towers, which will total 400 apartment and condominium units. A 165-ft tower is proposed with 200 units of senior housing. The main courtyard will feature an outdoor amphitheater that can accommodate about 1,000 people. It is being designed by Gensler. The project is valued at $300 million. Pivotal Group, Attn: Francis Najafi, 2555 E. Camelback Rd., Phoenix, 85016. DR#19-00585907.
Louisiana The Louisiana Coastal Protection & Restoration Authority is planning to carry out the Terrebonne Basin Ridge and Marsh Creation project, a ridge restoration and marsh creation project in western Terrebonne Parish. It involves restoring 126 acres of earthen ridge, and a marsh creation component that will dredge sediment from offshore to create 1,370 acres of marsh. This will rebuild ridge and intertidal marsh habitat that has degraded due, in part, to the 2010 Deepwater Horizon oil spill. The project has been designed by HDR Engineering Inc. The project is valued at $126 million. Louisiana Coastal Protection & Restoration Authority, 150 Terrace Ave., Baton Rouge, 70802. DR#18-00891515.