1 / 21

J P LIVING At THE MIRAGE Phoenix, Arizona

J P LIVING At THE MIRAGE Phoenix, Arizona. J P LIVING At THE MIRAGE Project Team. DEVELOPER ARCHITECT ENGINEER John A. LiSanti, President Damon Leverett, AIA Rachid Dia, P. E.

Download Presentation

J P LIVING At THE MIRAGE Phoenix, Arizona

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. J P LIVINGAtTHE MIRAGEPhoenix, Arizona

  2. J P LIVING At THE MIRAGEProject Team DEVELOPERARCHITECTENGINEER John A. LiSanti, President Damon Leverett, AIA Rachid Dia, P. E. American Realty & Development Durrant Group David Evans & Assoc., Inc 369 B Third Street, Suite 269 410 North 44th Street, #800 2141 E. Highland Ave, #200 San Rafael, CA 94901 Phoenix, AZ 85008 Phoenix, AZ 85016 LANDSCAPE ARCHITECTCONTRACTORPROJECT MANAGER Kristina Floor, RLA, ASLA Ken Schacherbauer A. Dean Spears Floor Associates Perini Building Company Flagstaff Airpark Holdings, LLC 1425 North 1st Street, 2nd Floor 360 East Coronado Road 1000 West Coy Drive Phoenix, AZ 85004 Phoenix, AZ 85067 Flagstaff, AZ 86001 REAL ESTATE BROKERREPRESENTATION Ray Pacioni Nicholas J. Woods Fairmount Corp. Snell & Wilmer 22 E. Buchanan One Arizona Center Phoenix, AZ 85004 Phoenix, AZ 85004

  3. J P LIVINGAt TheTHE MIRAGE Located in the Warehouse District of downtown Phoenix, THE MIRAGE at Central and Buchanan will feature inspiring architecture, spectacular views, and exciting amenities at a moderate price.

  4. THE MIRAGESite Location

  5. 1 Project location to Chase Ball Park and US Airway Center

  6. Project Site PicturesExisting Condition

  7. The twin-tower project design includes a podium parking structure (one level below grade and 3 levels above grade) wrapped with retail and residential units to allow for both cost-efficient construction and a neighborhood-friendly scale at the street level.

  8. Street Level – Retail 2 Story Townhomes 6 Units █ Retail Units █ Total 8,399 SF To be leased at $22.00 per SF Ramps Up and Down To Parking █

  9. The 3.3 acre site provides a net building area of 76,750 sf which has been designed to include 386 residential units, 4 retail units (8,399 sf) and 535 parking spaces.

  10. Unit Types and Number One Bedroom Condos 92 Units One Bedroom Lofts 145 Units Two Bedroom Condos 49 Units Two Bedroom Lofts 43 Units Two Bedroom Townhomes 49 Units Three Bedroom Lofts 8 Units Total Number 386 Units

  11. The 5th Floor has: ☼ Swimming Pool ☼ 2 Amenity Areas ☼ Loft Units☼ 24 Condo Units in the Towers.

  12. 5th Floor Level Pool █ Loft Units █ Tower Units █ Amenity Areas █

  13. Floors 6 - 15

  14. Floors 16 - 18

  15. Floor 19

  16. Construction Costs 386 Units Total of 367,220 SF Total Construction Cost $86,281,750.00 Total Construction Cost per Square Foot $234.96 / SF

  17. Total Sales Price 386 Units Total of 367,220 SF TOTAL SALES OF ALL 386 UNITS@ $420.00 Per SF$141,746,920.00

  18. GROSS PROFITSAFTER AVERAGE SALES • Combined Sales $141,746,920.00 • Less Construction Costs $ 86,281,750.00 • Less Land Costs $ 8,000,000.00 Average Gross Profits $ 47,465,170.00

  19. For Additional Information Contact:

More Related