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1/23/15
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Waypoint, a two-building, 258k sf Class A office development in Mesa, AZ, just broke ground. The project, a development of Harvard Investments and Lincoln Property Company, is being built in conjunction with the City of Mesa. It is nearly 50 percent pre-leased to anchor tenant American Traffic Solutions (ATS).
ATS, a leader in road safety and toll management, will relocate more than 600 workers to fully occupy Waypoint’s 108k sf Building One. A 152k sf Building Two will accommodate single- and multiple-occupancy users. Completion of Building One is scheduled for late 2015, at which time ATS will officially move its headquarters operations into the two-story accommodations.
Waypoint sits on a prime 19.55 acres along the Loop 202 Fwy, adjacent to the 1.3 msf Mesa Riverview mixed-use project and less than one mile from the Loop 101, the new Cubs Spring Training Facility and the newly reconfigured Riverview Park.
“Waypoint sits in a buzzing, contemporary office corridor that continues to earn great demand from both employers and employees,” said Lincoln Property Company’s Executive Vice President David Krumwiede. “People want to be here, and that has allowed us to break ground on one building that is already 100 percent leased, and a second building that will soon round out this very valuable infill site.”
When completed, Waypoint will join an existing Hyatt Place Hotel, two existing, two-story office buildings and a 180-room, upscale brand Sheraton Hotel that is under construction now and scheduled to open in March 2015. The hospitality site amenities will include full-service restaurants, bars, swimming pool, fitness facility and more than 30k sf of meeting and event space.
Created by project architect The Davis Experience, Waypoint reflects a “high-tech” aesthetic that extends from the buildings’ exteriors to its two-story lobbies. Façades will feature a multi-layered envelope of architectural cast concrete panels and high performance dual-pane aquamarine glazing. Interior entries will showcase clean lines, timeless materials, simple detailing and the focal point – an open "floating" grand stair. Waypoint will offer abundant parking, shaded amenity areas located around the office campus and the built-in amenity of Tempe Canal’s multi-use path.
Dave Carder, Luke Walker and Eric Schultz, from the Phoenix office of CBRE, lead the project’s marketing and leasing efforts.
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