Construction begins by month's end, with completion slated forlate 2007 into early 2008. Located near the intersection of Gilbertand Germann roads, the project will consist of two 50,000-sfthree-story buildings and a 50,000-sf single-story back-officedesign.

Adrian Evarkiou, senior vice president for developer OrsettProperties Ltd., says there are other phases on the drawing board,but the specific product has yet to be determined. "As of now,we're currently planning phases two and three for this, but themarket will dictate what we come out with and the product type," hetells GlobeSt.com. The present plan calls for Reserve at San Tan tobe a mix of office and back office. The acreage has the potentialto support up to 500,000 sf.

Evarkiou says the time is ripe for a development like theReserve because of the area's completed infrastructure and marketdynamics. "The freeways are in place and so is the retail," headds. "There's a lot of housing in the immediate area too so thistype of project just makes sense."