777 Tower at Novus Innovation Corridor earned the 2021 RED Award for best office project more than 150,000 square feet.
By AZRE | AZ Big Media
Hundreds of people tuned in Thursday night as AZRE magazine’s 2021 Real Estate Development (RED) Awards were held virtually on the Hopin platform.
“The Real Estate Development Awards — the RED Awards — are the Academy Awards of commercial real estate,” said Michael Gossie, editor in chief of AZ Big Media, which published AZRE. “This year, the only different between the finalists for the RED Awards and the finalists for the Academy Awards is that this year’s RED Awards finalists didn’t show up on Netflix first.”
With a record-setting pool of nominees and finalists, the selection committee considered these factors when choosing a winner:
• Size of the project
• Construction challenges and opportunities
• Architecture and design
• Effect on the surrounding community
• And, in some cases, the economic impact of the project.
The presenters for the RED Awards included Danielle Puente, CFO of DP Electric; Mike Krentz, president at DAVIS; Rebecca Rhoades, senior editor at AZ Big Media; James Murphy, CEO of Willmeng; and Amy Lindsey, publisher of AZ Big Media.
Here are the winners of the 2021 RED Awards
Best Industrial Project under 200,000 square feet
Skybridge 106 & 107
Developer: SkyBridge Arizona
General contractor: Graycor Construction Company
Architect: ADM Group
Best Industrial Project between 200,000 and 500,000 square feet
VB | 143
Developer: Baker Development Corporation
General contractor: Layton Construction
Architect: Butler Design Group