The fourth quarter of 2006 marked the official groundbreaking for Chandler Piazza.  The mixed-use development, set on 18 acres at the southeast corner of   W. Frye Road and S. Ellis Street, is designed in a Tuscan architectural style and will consist of:  a four-story Westin "Element" hotel, a two-story Class "A" innovative office building with over 77,000 square feet, more than 31,000 square feet of in-line retail space and five pad sites, some with drive-thru capability. Intellicore Construction, LLC has been selected as the General Contractor.  Whitneybell Architects have designed the retail center and RSP Architects have designed the office building. Chandler Piazza will be ready for occupancy by retail and office tenants in the first quarter of 2008. Pads are available for sale and for lease.  The developer will favorably consider a request for a "build-to-suit" user on one or more of the pads. Some of the pads will contain sufficient space for drive-thru services to be offered.		Chandler Piazza is proud to have the all new Westin Hotel brand "ELEMENT", a 100+ room hotel, as part of the Chandler Piazza development. ELEMENT will redefine extended-stay hospitality, incorporating smart design, modern style and a social environment into a category often associated with look-alike brands and generic features.  The hotel has been designed to help guests to live their best lives on the road. ELEMENT will feature several signature flourishes that evoke nature.  A dramatic multi-story window-wall will flood ELEMENT's lobbies with natural light.  Public spaces in the hotel will also include a tranquil water feature and design touches inspired by nature.  ELEMENT will also incorporate an outdoor haven, with a courtyard and patio where guests are invited to socialize and relax by an outdoor fire pit and barbeque.  During their stays, guests will discover smart design features that will make their stays easier, from modular furniture designed to encourage multi-tasking and productivity, to swiveling flat-screen televisions. ELEMENT is inspired by the Westin hotel brand. Guests will sleep in the famed Heavenly Bed and experience state-of-the art fitness facilities for which the brand is well known.  Westin was the first hotel chain to go smoke-free in North America and every ELEMENT hotel will open smoke-free as well.  Other touches will remind guests of Westin, from the signature scent in ELEMENT lobbies to the renewing touches spread throughout the hotel.
The statements and figures herein, while not guaranteed, are secured from sources we believe authoritative. No representations are made as to the accuracy thereof. All information is subject to errors, omissions, change of price, prior sale/exchange/lease and refinance or withdrawal from the market without notice. All areas and dimensions are approximate. Consult your tax advisor and attorney with regard to the benefits of ownership or leasing, the legal obligations and consequences of your undertaking, and the tax consequences thereof.