AZR Sunday RE/Rental 10/9/16

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CATHERINE REAGOR REAL ESTATE

Tiny prefab homes make an elegant, sustainable statement

Galleria’s 25-year saga takes a new turn as tech hub About 25 years ago, an opulent shopping center with posh shops, a walkthrough aquarium and an IMAX theater, the likes of which was not found anywhere else in Arizona, opened in the heart of Scottsdale. The city’s main drag, Scottsdale Road, was realigned to make room for the grand project with half a million square feet of space and marble floors. But development of the nearly $130 million Scottsdale Galleria was delayed several times, and metro Phoenix’s realestate market was already crashing because of the fallout from the S&L crisis when it opened. Within a few years the Galleria was nearly empty and sold to the highest bigger at a foreclosure auction for $6 million. Everything from a Wild West museum to a giant sports complex and a huge church were proposed for the development. None of those ideas stuck, and the Galleria sat mostly vacant for years. But now the high-profile building has evolved into one of the Valley’s most popular office buildings, drawing innovative companies from San Francisco to New York.

LIVING KATHERINE ROTH ASSOCIATED PRESS

Author Sheri Koones believes that prefab houses (or “prefabulous,â€? as she calls them) are the homes of the future. She’s written five books about them. Âś In the new “Prefabulous Small Homesâ€? (The Taunton Press), Koones focuses on modestly sized homes and cottages, between 350 and 2,500 square feet. Âś “It is definitely possible to live large but on a small footprint without cramping your style or budget,â€? she said in an interview. Âś Compared to the basic modular homes of a decade ago, Koones says, these prefab residences are more elegant, eco-friendly and economical. Unlike tradi-

From opulent retail site to corporate tech hub

tional, on-site home building, they can be put up in a matter of days or weeks. Âś The

The Galleria is 100 percent leased. That’s something very few other Valley office buildings can tout. The Galleria’s original developers wanted the shopping center to draw international tourists 25 years ago. That didn’t happen. But the revamped corporate center, located just south of Camelback Road on Scottsdale Road, is bringing tech firms with jobs coveted by economic development experts everywhere. Scottsdale scored a coup when San Francisco-based global website builder Weebly decided to move its North American operation center and 250 employees to the Galleria in 2014. The start-up firm followed other tech firms, drawn by both the Valley’s affordable office space and housing. In 2009, Silicon Valley’s Yelp inked a deal to lease 25,000 square feet at the Galleria and recently expanded to 100,000 square feet. New York-based software firm CA Technologies opened a 15,000-square-foot office there in 2011. Zenefits, a San Francisco-based online human-resources firm, also leased space at the Galleria for a large operation in 2014, but downsized earlier this year. “Downtown Scottsdale has become a hotbed for companies looking to attract

book profiles 32 homes across the country and explains some of the latest technologies. In a foreword, Robert Redford extols the ecological virtues of going prefab. See PREFAB, Page 3R

JEREMY SCOTT/TAUNTON PRESS VIA AP

This Tampa, Fla., home is featured in the book “Prefabulous Small Houses� by Sheri Koones.

THINKSTOCK AND ALEX GREGORY/GANNETT

See REAGOR, Page 3R

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