National developer Trammell Crow recently submitted plans for the Park Lucero complex at 270 E. Germann Road.
A 50-acre industrial park proposed near Gilbert and Germann roads could bring more office and warehouse space and new employment opportunities to Gilbert's developing central business corridor.
National developer Trammell Crow recently submitted plans for the Park Lucero complex at 270 E. Germann Road, and preliminary designs went before the Gilbert Design Review Board during a study session May 15.
The company wants to construct six buildings in light industrial zoning directly east of Crossroads Towne Center, a sprawling retail complex that straddles the Gilbert-Chandler line.
The project would roll out in two phases, beginning with three smaller buildings closest to the north side of Germann Road. Three larger buildings near the Santan Freeway would come next, according to development plans.
Planners have identified Gilbert's Santan Freeway corridor as a central business district for the fast-growing town, which is seeking to emerge from a long-held reputation as a bedroom community.
Major office and industrial complexes have sprouted in the area over the past several years, including the Reserve at San Tan, 202 Business Park and the five-story Rome Towers. There's now roughly 1.2 million square feet of office space in 94 buildings in the corridor stretching from Gilbert to Ray roads along Loop 202, according to a town report.
Commercial construction came to a screeching halt during the Great Recession but is now picking up.
Gilbert issued 224 commercial-construction permits in fiscal 2013, 42 more than the previous year and the highest number since 2008, according to a town financial report. Those permits represented about $102 million in new construction, about four times as much as the previous year.
The momentum shift continued last year when the Reserve at San Tan office park submitted expansion plans, marking the first major commercial office proposal in about 18 months.
Nationwide Realty Investors followed with plans for a four-story office building in its massive Rivulon mixed-use complex along the Santan Freeway between Gilbert and Lindsay roads.
Park Lucero will still require formal approval from the Design Review Board before Trammell Crow can move forward on construction. Town officials appear largely supportive of the project, and a town memo says there are no significant issues with the building design.
Click here for the Arizona Republic story.
National developer Trammell Crow recently submitted plans for the Park Lucero complex at 270 E. Germann Road, and preliminary designs went before the Gilbert Design Review Board during a study session May 15.
The company wants to construct six buildings in light industrial zoning directly east of Crossroads Towne Center, a sprawling retail complex that straddles the Gilbert-Chandler line.
The project would roll out in two phases, beginning with three smaller buildings closest to the north side of Germann Road. Three larger buildings near the Santan Freeway would come next, according to development plans.
Planners have identified Gilbert's Santan Freeway corridor as a central business district for the fast-growing town, which is seeking to emerge from a long-held reputation as a bedroom community.
Major office and industrial complexes have sprouted in the area over the past several years, including the Reserve at San Tan, 202 Business Park and the five-story Rome Towers. There's now roughly 1.2 million square feet of office space in 94 buildings in the corridor stretching from Gilbert to Ray roads along Loop 202, according to a town report.
Commercial construction came to a screeching halt during the Great Recession but is now picking up.
Gilbert issued 224 commercial-construction permits in fiscal 2013, 42 more than the previous year and the highest number since 2008, according to a town financial report. Those permits represented about $102 million in new construction, about four times as much as the previous year.
The momentum shift continued last year when the Reserve at San Tan office park submitted expansion plans, marking the first major commercial office proposal in about 18 months.
Nationwide Realty Investors followed with plans for a four-story office building in its massive Rivulon mixed-use complex along the Santan Freeway between Gilbert and Lindsay roads.
Park Lucero will still require formal approval from the Design Review Board before Trammell Crow can move forward on construction. Town officials appear largely supportive of the project, and a town memo says there are no significant issues with the building design.
Click here for the Arizona Republic story.
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