The developers of Downtown Ocotillo are making another investment in the area.
Tempe-based Lawrence and Geyser Development recently submitted plans to the city to develop a 45-acre parcel at the southwest corner of Queen Creek and Arizona Avenue.
“It will be another retail center with a residential component attached to the
project,” said Spike Lawrence, co-founder of Lawrence and Geyser Development.
“It’s all very preliminary at this point and we’ll have more details by the end of the year.”
Lawrence said PB Bell Companies, an award-winning provider of multifamily services and high-density housing will develop the residential component of the project. Phoenix-based Whitneybell Perry Inc. has been enlisted as the project’s architect.
Lawrence, an Ocotillo resident, said his company likes developing in south Chandler.
“We’re investing more in south Chandler because of the dynamic employment and quality residential growth,” Lawrence said. “Quality growth is a lot more important to a developer than quantity growth.”
Lawrence and Geyser have developed two other projects in south Chandler – the Falls at Ocotillo and the highly anticipated Downtown Ocotillo, a 30-acre commercial retail, office, hotel and condominium complex at the southwest corner of Dobson and Queen Creek roads.
The mixed-use project will feature a live-work-dine-shop environment and will create a new downtown for residents in the Ocotillo area. Lawrence predicts once the project is constructed in late spring 2008 it will be the best restaurant destination in the southeast Valley.