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Evolving market conditions and product appetites have led IDM Companies to update longstanding plans for a 171-acre property at the SEC of 99th Avenue and Thomas Road in Phoenix.
In a stipulation modification request submitted to the Phoenix Planning Hearing Officer, project representatives discussed the history and evolving visions for the Sheely Center Planned Unit Development, which was originally approved in January 2013.
“The Property is optimally situated at the western gateway to the City, with nearly one mile of freeway frontage – boasting high visibility and superior access for future users,” the submission says. “The Sheely Center PUD contemplates the Property as providing a mix of uses including corporate headquarters offices, large and small businesses, retail commercial, entertainment, flex-office/industrial, office/showroom, hotel and high-density residential uses, and more, to ensure a live-work-play environment.”