April 7, 2020 Comments Off on Nationwide Proposes Next Development Phase of Scottsdale MXU Views: 787 Phoenix, Phoenix & Southwest News, Top Phoenix

Nationwide Proposes Next Development Phase of Scottsdale MXU

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Nationwide Realty Investors submitted plans to develop the next phase of office buildings at Cavasson, a master-planned development underway in Scottsdale. The next two buildings will total roughly 160,000 square feet and be five stories tall.

Choice Hotels has already claimed one of the buildings for a tech center. The new buildings are located on the southern portion of the site, near Loop 101 and the future Claret Drive.

The nearly $1-billion project is planned on 134 acres at 18700 N. Hayden Rd., and will encompass 1.8-million-square feet of Class A office space, apartments, retail, restaurants and hotels. Nationwide Realty Investors is the real estate arm of Nationwide Mutual Insurance Cos., and is partnering with Grayhawk Development on the project.

Construction is already underway on Nationwide’s 460,000-square-foot regional headquarters building, slated to deliver in late 2020.

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