Pollack plans business park - East Valley Tribune: Business

Pollack plans business park

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Posted: Saturday, May 22, 2004 7:44 am | Updated: 4:29 pm, Thu Oct 6, 2011.

A sprawling, retail-style business park is coming to a high-profile intersection along the main corridor from Mesa into Chandler.

Mesa businessman Michael Pollack has broken ground on Pollack Business Park North on 17 acres at the northeast corner of Arizona Avenue and Elliot Road.

The park will include high-profile industrial office with showroom space fronting Arizona Avenue.

The business park is Pollack’s first large development in Arizona. He began developing projects in 1973, then switched to redevelopment projects in 1980. He owns and operates more than 75 redeveloped sites in the East Valley.

"We’re getting back into the development business in a big way," Pollack said. "So this is kind of going back to our roots."

In all, Pollack plans to develop about 300,000 square feet of office industrial and showroom space, with some retail, at the intersection of Arizona and Elliot.

Pollack already owns and operates Pollack Plaza, a retail center on the northwest corner of Arizona and Elliot, and has additional business park development plans for the southeast corner.

As for Pollack Business Park North, the first phase will include about 103,000 square feet of office industrial and showroom space. Outside of land costs, the first phase will cost about $5 million. It will be completed and the first tenants will begin occupying it in November.

The second phase will then include about 65,000 square feet of office industrial and showroom space. In all, the business park will include more than 170,000 square feet of space, Pollack said.

"Then as soon as we’re done designing the second phase of Pollack Business Park North, we’ll immediately start designing the southeast cor- ner, which will be Pollack Business Park South," Pollack said. "We may on the south side try to put some retail component into it to diversify a little bit. It’s going to be multiple use."

Pollack Business Park North will feature Mediterranean-style architecture and will resemble a retail center more than a business park, he said. The three corners will operate as one inclusive destination.

"I think it will stand as probably the best industrial park we’ve ever done, and we’ve done a couple million square feet of them," Pollack said. "This one will look like a Mediterranean village. It’s going to have the typical columns I use . . . it will be just for a business-type park, absolutely something that no one has seen before."

Pollack began construction before any tenants signed on, and said that since the tractors began moving dirt many potential tenants have showed interest. Both phases will include space for small businesses that want no more than 1,200 square feet, as well as space for larger users.

"The front building, for example, we have already leased part of the space and we have several people we’re meeting with," he said. "For example, we have a cabinet manufacturer who will be manufacturing at the rear of their space and then they’ll have a showroom in the front for their goods."

The 80,000 vehicles that drive through the intersection of Arizona and Elliot each day will have a full view of the businesses inside the business park, Pollack said.

"Most of the industrial parks you see, they don’t have frontage, they’re buried back in the back somewhere," he said. "Well, this one is located on the whole city block of Arizona Avenue, so it enjoys that visibility from the street, which is very unique for industrial. We just love the location and the timing for us is exactly where we want it to be."

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