Friday, September 30, 2016

A Redevelopment Success Story - Discovery Business campus

A dilapidated, vacant semiconductor campus in Arizona did not seem like a good redevelopment project. Most developers would not even consider this property. However, one developer saw potential and after a lot of hard work, turned the property into an amazing business campus. What was once a dated semi conductor campus, is now Discovery business campus, a mixed-use business park.

The buildings and infrastructure were significantly outdated. The redevelopment began by modernizing the buildings and completely redesigning much of the infrastructure. They created large open floor plans with skylights and plenty of natural light. They included individual and collaborative workspaces. They built a large retail space that included five restaurants. Every aspect of this redevelopment was intended to appeal to the modern business.

Landscaping is another area where much focus was placed. They added many trees to the property and outdoor meeting areas. They hired a well-known sculptor to create artwork to display around the campus. They created large archways and some new roads. The developers worked with nearby neighborhoods and businesses to ensure the park would have a positive impact on the community.

The Discovery business campus is now fully operational and leased. The developer took a significant chance on this property, and it paid off. They looked at the size and ideal location of the property, rather than the current condition of the buildings. This notable redevelopment project is a success story that many people thought was impossible.

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