By Catherine Reagor and Dianna M. Náñez | The Tempe Republic
Charley Freericks, president of Scottsdale-based DMB, said he looks forward to historic Centerpoint on Mill’s new future.
When DMB purchased the land 28 years ago, the city was hoping to redevelop an area that had deteriorated. The site became DMB’s first large-scale, mixeduse development.
DMB aimed to build a hotel and con ference center on the land but those plans were derailed amid the economic downturn. Freericks said that DMB’s decision to sell the land was cemented when Arizona State University announced in July that it would redevelop property across the street from Centerpoint into a hotel conference development.
