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J P LIVING AT CATALINA PHOENIX, ARIZONA Project Team DEVELOPER ARCHITECT ENGINEER John A. LiSanti, President Damon Leverett, AIA Rachid Dia, P. E. American.

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Presentation on theme: "J P LIVING AT CATALINA PHOENIX, ARIZONA Project Team DEVELOPER ARCHITECT ENGINEER John A. LiSanti, President Damon Leverett, AIA Rachid Dia, P. E. American."— Presentation transcript:

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2 J P LIVING AT CATALINA PHOENIX, ARIZONA Project Team DEVELOPER ARCHITECT ENGINEER John A. LiSanti, President Damon Leverett, AIA Rachid Dia, P. E. American Realty & Development Durrant Group David Evans & Assoc., Inc 369 B Third Street, Suite E. Highland Ave, #200 San Rafael, CA Phoenix, AZ Phoenix, AZ LANDSCAPE ARCHITECT CONTRACTOR PROJECT MANAGER Kristina Floor, RLA, ASLA Ken Schacherbauer A. Dean Spears Floor Associates Perini Building Company Black Mountain Engineering, LLC 1425 North 1 st Street, 2 nd Floor 360 East Coronado Road 1000 West Coy Drive Phoenix, AZ Phoenix, AZ Flagstaff, AZ REAL ESTATE BROKER REPRESENTATION Ray Pacioni Nicholas J. Woods Fairmount Corp. Snell & Wilmer 22 E. Buchanan One Arizona Center Phoenix, AZ Phoenix, AZ 85004

3 J P LIVING AT CATALINA PHOENIX, ARIZONA Located in the mid-town area of Phoenix, the 3rd Street and Earll Drive project is a gate-guarded urban enclave of Flats, and High Rise Condominium residences integrated into a world-class recreational environment featuring a state-of-the-art fitness center, swimming pools, tennis and beach volleyball courts. Located in the mid-town area of Phoenix, the 3rd Street and Earll Drive project is a gate-guarded urban enclave of Flats, and High Rise Condominium residences integrated into a world-class recreational environment featuring a state-of-the-art fitness center, swimming pools, tennis and beach volleyball courts.

4 J P LIVING AT CATALINA PHOENIX, ARIZONA The unique project design includes 3 condominium towers each having 21 floors totaling 552 units, 126 flat units, and a 1,118 space underground parking structure that allows for both cost- efficient construction and compatibility with the surrounding residential neighborhood. The unique project design includes 3 condominium towers each having 21 floors totaling 552 units, 126 flat units, and a 1,118 space underground parking structure that allows for both cost- efficient construction and compatibility with the surrounding residential neighborhood.

5 Project Site Plan 3033 North 3 rd Street, Phoenix, AZ ,307 Gross SQ FT, 360,302 Net SQ FT (8.3 Acres)

6 EAST TOWER 21 STORIES WITH 184 UNITS

7 NORTH TOWER 21 STORIES WITH 184 UNITS

8 SOUTH TOWER 21 STORIES WITH 184 UNITS

9 Condominium Towers Unit Type In Each Tower One Bedroom35 Units One Bedroom + Den34 Units Two Bedroom70 Units Two Bedroom + Den37 Units Three Bedroom 6 Units Three Bedroom + Den 2 Units Total Number 184 Units

10 Condominium Towers Unit Size In Each Tower One Bedroom Units Floor 972 SF Floors 3 – 959 SFOn Each Floor 974 SFOn Each Floor Total Units = 35 Total Square Foot = 33,833 SF Each Tower Total All 3 Towers = 101,499 SF

11 Condominium Towers Unit Size In Each Tower One Bedroom + Den Units Floor 20 Units Floors 3 – 933 SFOn Each Floor 969 SFOn Each Floor Total Units = 34 Total Square Foot = 32,334 SF Each Tower Total All 3 Towers = 97,002 SF

12 Condominium Towers Unit Size In Each Tower Two Bedroom Units Floor 1,198 SF SF Floors 3 – 1,067 SFOn Each Floor 1,198 SFOn Each Floor Total Units = 36 Total Square Foot = 41,167 SF Each Tower Total All 3 Towers = 123,501 SF

13 Condominium Towers Unit Size In Each Tower Two Bedroom + Den Units Floor 1,046 SF Floors 3 – 1,463 SFOn Each Floor 1,553 SFOn Each Floor Floors 1,464 SF Total Units = 36 Total Square Foot = 53,782 SF Each Tower Total All 3 Towers = 161,346 SF

14 Condominium Towers Unit Size In Each Tower Three Bedroom Units Floors SFOn Each Floor Floors ,026 SF 2,041 SF 2,192 SF Total Units = 3 Total Square Foot = 6,259 SF Each Tower Total All 3 Towers = 18,777 SF

15 Condominium Towers Unit Size In Each Tower Three Bedroom + Den Units Floors SFOn Each Floor Floors ,720 SF Total Units = 1 Total Square Foot = 3,720 SF Each Tower Total All 3 Towers = 11,160 SF

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17 FLATS (Street View)

18 FLATS (TOWNHOMES) 2 STORIES WITH 126 UNITS

19 J P LIVING AT CATALINA PHOENIX, ARIZONA Flats Units (Townhomes) One 840 SF Total Units = 63 Two 1,878 SF Total Units = 63 Total Number = 126 Units In 63 Buildings

20 Project Phasing There are Four Phases of Construction Phase 1 South Tower 184 Units 40 Flat Units and Recreation Building Phase 2North Tower 184 Units 12 Flat Units Phase 3East Tower 184 Units 26 Flat Units Phase 448 Flat Units

21 Phase 1 South Tower 40 Flat Units and Recreation Building

22 Phase 1 Construction Costs Phase 1 South Tower 318,260 SF 40 Flats 54,360 SF Recreation Building 13,750 SF Total Construction Cost $74,115, Total Construction Cost per Square Foot $ / SF

23 Phase 2 North Tower 12 Flat Units

24 Phase 2 Construction Costs Phase 2 North Tower 318,606 SF 12 Flats 16,308 SF Total Construction Cost $53,138, Total Construction Cost per Square Foot $ / SF

25 Phase 3 East Tower 26 Flat Units

26 Phase 3 East Tower 314,134 SF 26 Flats 35,334 SF Total Construction Cost $54,166, Total Construction Cost per Square Foot $ / SF

27 Phase 4 48 Flat Units

28 Phase 4 48 Flats 65,232 SF Total Construction Cost $12,161, Total Construction Cost per Square Foot $ / SF

29 Construction Cost Phase 1 Construction Cost $74,115, Phase 2 Construction Cost $53,138, Phase 3 Construction Cost $54,166, Phase 4 Construction Cost $12,161, Total Construction Cost $193,581,845.00

30 Graph Construction Costs Per Phase of Construction

31 Average Sales Price Based on $650 per square foot One Bedroom Units 972 SF x $650 = $ 631, SF x $650 = $10,596, SF x $650 = $10,762, Total Sales 35 One Bedroom Units = $21,991,450.00

32 Average Sales Price Based on $650 per square foot One Bedroom + Den Units 933 SF x $650 = $10,309, SF x $650 = $10,707, Total Sales 34 One Bed + Den Units = $21,017,100.00

33 Average Sales Price Based on $650 per square foot Two Bedroom Units 1,198 SF x $650 = $ 778, ,464 SF x $650 = $ 951, ,067 SF x $650 = $11,790, ,198 SF x $650 = $13,237, Total Sales 36 Two Bedroom Units = $26,758,550.00

34 Average Sales Price Based on $650 per square foot Two Bedroom + Den Units 1,046 SF x $650 = $ 679, ,464 SF x $650 = $ 951, ,463 SF x $650 = $16,166, ,553 SF x $650 = $17,160, Total Sales 36 Two Bed + Den Units = $34,958,300.00

35 Average Sales Price Based on $650 per square foot Three Bedroom Units 2,026 SF x $650 = $ 1,316, ,041 SF x $650 = $ 1,326, ,192 SF x $650 = $ 1,424, Total Sales 3 Three Bedroom Units = $4,068,350.00

36 Average Sales Price Based on $650 per square foot Three Bedroom + Den Unit 3,720 SF x $650 = $ 2,418, Total Sales 1 Three Bed + Den Unit = $2,418,000.00

37 TOTAL SALES OF ALL 184 UNITS PER TOWER $111,211, TOTAL SALES ALL 3 TOWERS $333,635,250.00

38 FLAT UNIT SALES Based on $450 per square foot One Bedroom Units 840 SF X $450 = $23,814, ,878 SF X $450 = $53,241, Total Sales Flat Units = $77,055,300.00

39 GROSS PROFITS AFTER AVERAGE SALES Combined Sales $410,690, Combined Sales $410,690, Less Construction Costs $193,581, Less Construction Costs $193,581, Less Land Costs $ 30,000, Less Land Costs $ 30,000, Less Abatement Costs $ 3,000, Less Abatement Costs $ 3,000, Average Gross Profits $184,108, Average Gross Profits $184,108,705.00

40 The project will be delivered fully entitled with marketing and unit pre-sales in place.

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43 Contact Information Or visit our website at


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