By Sam Gauvain | Special to East Valley Tribune
The concrete structure called Elevation Chandler was intended to be a luxury hotel and would have provided the Chandler Fashion Center located next door a steady stream of consumers. It now sits vacant and exposed on an empty dirt plot and serves as a stark juxtaposition to the prosperous shopping center.
However Houston-based international real estate firm, Hines Interests Limited Partnership, is interested in purchasing the land for roughly $20 million and replacing the six-story frame with Chandler Viridian — a $150 million mixed use development consisting of office buildings, a hotel, retail commercial property, multi-family residential units and a foot path that winds through the property.
What is Chandler Elevation?