BizCONSTRUCTION
$300 Million Tower at Speedway and Campbell IMAGES: COURTESY STUDIO RICK JOY
Retail, Offices, High-End Residences By Rodney Campbell Longtime Tucson developer Richard Shenkarow can almost see the location for his next project from his home near the Arizona Inn. He’s so close he could walk or bike there in a few minutes. He’s banking on Tucsonans and visitors to do the same. Walking, biking or taking public transportation will be the best ways to reach the site once the Speedway Campbell Gateway project opens in about four years. The development at the northwest corner of Camp16 BizTucson
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Fall 2018
bell Avenue and Speedway Bouelvard will include restaurants, a grocer, retail, office space and approximately 100 high-end residences. The property currently is occupied by the aging Palm Shadows and Babcock apartments. “Urban development can be found all over the world. This isn’t any different from any major city. But for Tucson, it’s a first,” said Shenkarow, founder and president of Shenkarow Realty Advisors, a boutique commercial real estate
company. “We have cemented over 300 square miles of the desert. We need to find ways to preserve that.” The project’s ground floors will be two stories and open for people looking for a space to hang out or walk through. Four stories of office and retail will be placed above that. A 250-foot tower, set back from the intersection, will include the residences. Shenkarow’s goal is to build a sustainable project that won’t contribute to the www.BizTucson.com