September 2015

Kimpton Hotel at One | Hundred | Mill

by DWC Team on September 16, 2015

Modern Boutique Hotel Expects to Break Ground Early 2016

TEMPE, Sep. 16, 2015 – Hayden House Tempe, LLC, a partnership between San Diego-based Douglas Wilson Companies (“DWC”) and Hensel Phelps Development LLC, a subsidiary of Hensel Phelps based in Greeley, CO, announced they have signed a Hotel Operating Agreement with Kimpton Hotel & Restaurants to manage a new, luxury boutique hotel at One | Hundred | Mill in Tempe, Ariz. The Hotel Operating Agreement between Hayden House Tempe, LLC and Kimpton Hotel & Restaurants is for 20 years from the opening date of the hotel.

One | Hundred | Mill - South Mill Ave - September 2015DWC Chairman and CEO Doug Wilson explained, “The burgeoning and sophisticated market in Tempe is a perfect complement to the Kimpton brand. With the state-of-the-art creative office center, vibrant retail, enticing restaurants and Kimpton’s extraordinary style, One | Hundred | Mill is destined to becoming the star in Tempe.”

Construction is expected to begin in early 2016 with a targeted opening date of late 2017. Once completed, the Tempe Kimpton will feature 237 guest rooms, 12,000 square feet of indoor meeting space and a 4,750 square foot rooftop pool and terrace lounge, along with a fitness center and a full service, Kimpton-managed restaurant and bar venue. The Tempe property also deepens the brand’s already significant presence in Arizona, which boasts popular hotels in Phoenix, Scottsdale and Sedona.

“Tempe is in the midst of a major growth phase right in terms of new downtown office development spurred by increases in the tech employment base, increased ASU student enrollment and campus expansion, and we’re excited to bring the city its first, modern luxury boutique hotel experience,” said Kimpton Chief Executive Officer Mike DeFrino. “This project in particular has the added advantage of being mixed-use, offering the office tenants adjoining access to a totally unique hotel and restaurant experience with a world-class roof-top pool and lounge.”

One-_-Hundred-_-Mill-Aerial-May-2015sm-wOne | Hundred | Mill is a $190 million mixed-use creative office, retail and lifestyle-hotel development located on the 2.51 acre parcel at the southwest corner of Mill Avenue and Rio Salado Parkway, the gateway to Tempe’s downtown core. In addition to the 15-story hotel tower, this landmark project consists of a 15-story 260,000 square foot Class A office building and 20,000 square feet of complimentary restaurant and retail space.

The offices at One | Hundred | Mill begin on floor eight (8) and extend through fifteen (15), offering abundant natural light and sweeping views of Tempe and Metro Phoenix with extensive glass lines that wrap the building. Large, flexible 32,500 RSF floorplates with 10 foot finished ceilings provide the ultimate in modern work space, designed to accommodate today’s work style with ample spaces dedicated for collaboration, socialization and productivity.

One | Hundred | Mill offers ground floor retail and restaurant spaces for lease in both towers and the ±10,000 square foot of restaurant space in the historic Hayden House (former Monti’s La Casa Vieja).

One | Hundred | Mill - Center Shot - September 2015One | Hundred | Mill is located less than a block from the METRO Light Rail system’s 3rd Street and Mill Avenue station and across the street from Tempe Beach Park and Tempe Town Lake. The development will be a stand-out project in downtown Tempe which has become a magnet for innovative businesses and retailers due to its central location within the Valley and its proximity to Phoenix Sky Harbor International Airport and Arizona State University.

In addition to DWC and Hensel Phelps Development, the project team for One | Hundred | Mill includes Hensel Phelps Construction and Shears Adkins & Rockmore Architects. Cushman & Wakefield has the leasing assignment for One | Hundred | Mill with office leasing being handled by Jerry Noble, Patrick Devine and Greg Mayer and the retail leasing by Brent Mallonee and Rhonda Diaz Caldewey. Additionally, there is a team of talented engineers and consultants from the Tempe and Phoenix area.

One | Hundred | Mill Project Website

Signaling the Douglas Wilson Companies’ eye on the future, the longtime San Diego real estate firm has promoted Nicholas P. Wilson to chief operating officer and Michele Vives to senior managing director.

“Staying true to our credo of being nimble enough to respond quickly to evolving markets, I felt it was important to promote and engage DWC’s next generation of leadership in developing our changing vision,” said Doug Wilson, who founded the company in 1989 and has successfully steered it through the shifting tides of the marketplace. “These new leaders take on added roles as we move into the senior housing arena and begin our first single- and multi-family residential projects in San Diego.”

Nicholas Wilson, Chief Operating OfficerWilson said the firm is embarking on a new product line of senior living communities with an assisted living and memory care focus, with the first local venture expected to break ground in early 2016. The venerable real estate firm is also expected to break ground next year on new single-family housing in West Chula Vista.

Wilson noted that he is particularly proud to watch his son’s growth since he joined the company in 2011 as a director. Since then he has identified new development opportunities in the Southwest, managed client relations and overseen DWC’s receivership group.

In his new role, Nich Wilson will lead the team seeking new opportunities in residential, hotel and medical office development. He also continues his efforts in commercial development, where he plays a key role in projects in the Tempe area where the Douglas Wilson Companies is building the $190 million One | Hundred | Mill in the area’s downtown core.

Before joining the company Nich was involved in international sports and consumer marketing.
A graduate of the University of Colorado at Boulder with a bachelor’s in economics, Wilson, at 32, recently became the youngest member of the San Diego Downtown Partnership’s Executive Committee. He is also active in the local chapter of the Urban Land Institute and serves on the board of its Young Leaders. In addition, he is on the board of the San Diego Bankruptcy Forum and the San Diego Receivers Forum.

Michele VivesVives, who joined DWC in 2014, steps up to senior managing director charged to oversee the senior housing projects on the company’s horizon. Among those is a new facility in Otay Ranch with 125 units that is set for a 2016 groundbreaking. Michele also manages the firm’s third-party fee development services group, overseeing development strategies, contract negotiations, entitlement, permitting and community outreach.

“Michele is leading the team to manage and grow our fee development practice, which currently includes several key projects in downtown San Diego,” said Wilson. “Combining the credibility we’ve earned as a court-appointed fiduciary, with decades of real estate development, allows us to assist REITs, individual investors and others who do not hold these resources in-house.”

Vives earned a bachelor’s in industrial psychology from Illinois State University and a bachelor’s in accounting at the University of Phoenix. Over the past decade in the real estate development industry she has built extensive expertise in public-private partnerships (P3) and third-party development services. She has been involved in projects totaling over 2.5 million square feet of space valued at more than $875 million.

Vives is the co-chair of the Downtown San Diego Partnership’s Revenue Committee and was recently named co-chair of the Partnership’s Planning and Public Policy Committee. She is a member of the Urban Land Institute, the San Diego Policy Forum and Circulate San Diego.