By AZRE | AZ Big Media
Trammell Crow Company (TCC) has commenced construction on Akimel Gateway, a new Class A development along the recently constructed extension of the Loop 202 Freeway on the Gila River Indian Community (GRIC).
The 59-acre project – located at the southwest corner of the Loop 202 and 40th Street – will comprise five buildings. Four buildings will be developed speculatively in a joint venture between TCC and Allstate Insurance Company. The fifth building will be the new corporate headquarters and distribution center for hometown appliance giant Spencer’s TV & Appliance. TCC has been retained by Spencer’s to manage the development of that project.
“The Loop 202 freeway extension already has proven to be a game-changer for businesses that require easy access to the East and West Valley without having to cut through downtown Phoenix,” said Cathy Thuringer, Managing Director of TCC’s Phoenix office. “Akimel Gateway, sited adjacent to the full diamond interchange at 40th Street, will leverage its strategic location, prime freeway visibility, leading-edge design and high-quality construction like no other project in the Valley. We’re thrilled to welcome Spencer’s to Akimel Gateway and we look forward to more high-profile names joining us here in the future.”
