Gilbert Town Council unanimously approved the town’s first glass building with a lake.
The council gave the go-ahead to Nationwide Realty Investors’ plan for Rivulon, the expansive master-planned, mixed-use project located at the corner of Gilbert Road and Loop 202.
The plan calls for two, four-story, 160,000-square-foot office buildings, with an adjacent parking structure and lake
Nationwide Realty Investors President/COO Brian J. Ellis hailed the vote, stating, “The Lake buildings and the visually stunning amenity lake feature will really bring to life our full vision for this development.”
The Rivulon Lake office buildings will be located in the center of the development along the winding, meticulously landscaped Rivulon Boulevard. Both buildings will feature a glass façade adorned with natural limestone pillars.
The one-acre lake will be surrounded by walking paths and “an abundance of outdoor seating,” Nationwide said, explaining:
“Pergola-shaded viewing piers will extend out over the water, providing a retreat for office workers and visitors alike. The glass façade of the buildings will reflect the waters’ movements and offer a unique artful environment, with unobstructed views of the mountains in the distance.”
Parking structures will be developed adjacent to the Lake buildings with more than 850 free spaces for the new office development.
Walking paths throughout the development will connect the Lake office buildings to nearby restaurants, bank, fitness facility and neighboring offices.
Construction is expected to begin by summer and completed by the end of 2021.
The 16.5-acre project is proposed to be developed in three phases with the lake being built first, followed by the west building and the west parking garage. The east building and east parking garage would be built in the final phase.
The 250-acre Rivulon development is currently home to Deloitte, Isagenix International’s world headquarters, Morgan Stanley, Amerifirst Financial and Merrill Lynch. The growing retail mix at Rivulon includes LA Fitness, Wildflower Bread, Sauce Pizza & Wine, Jersey Mike’s Subs, Yogi’s Grill Teriyaki & Roll, and Grabbagreen.
When fully complete, the $750 million business district will include 3 million square feet of Class A office space, around 100,000 square feet of retail and restaurants and hospitality uses.
Nationwide Realty Investors also has developed Gainey Ranch Corporate Center and Cavasson in Scottsdale and owns more than $2 billion in real estate investments around the country.
Each of the Rivulon Lakes Office buildings would be 176,622 square feet while the parking garages and surface-level parking near the offices would accommodate the required 1,413 parking spaces.
“This is the first glass building with a lake in front of it” in Gilbert, said Commissioner Brian Johns at a Planning Commission study session last year. “It’s going to have a lot of power as you drive up the street.”
He compared the proposed glass-exterior buildings with those at Tempe Town Lake in Tempe.
“I think it’s an elegant building,” Vice Chairman Carl Bloomfield said, adding he had no problem with the stone piers or the canopy, which are consistent with the buildings at Rivulon.
Allen Avenue would provide the primary points of access to the site from the Gilbert and Pecos roads arterials.
A Lindsay Road interchange at Loop 202 is being built to help alleviate traffic at Gilbert’s central business district and nearby homes.
Overall the architecture proposed for the office buildings is similar to existing buildings at Rivulon.
Nationwide Realty Investors had been accepting proposals for a prospective hotel on 6-9 acres, according to the company’s website, but the company has made no. Three large mix-used parcels have yet to be developed, according to the master plan for Rivulon.
When fully complete, the $750-million business district will include 3 million square feet of Class A office space and about 100,000 square feet of retail, restaurants, and hospitality uses.