Wetta Ventures recently broke ground on a $5 million, multiple-restaurant project at SkySong, the ASU Scottsdale Innovation Center, expected to be completed by the end of the year.
Located at the northeast corner of Scottsdale Road and SkySong Boulevard, the new 12,000 square-foot development will include three or four restaurants, one will be a chef-driven concept, according to a press release adding that a 3,000 square-foot garden will possibly be used at the restaurants.
“This will be the only food and beverage amenity for the 42-acre Innovation Center, so there’s a lot of responsibility to make this a one-of-a-kind destination that will reflect the uniqueness of the overall development,” said David Wetta, founder of Wetta Ventures. “South Scottsdale is also an underserved area when it comes to dining options, so this project will help shape the evolution of the neighborhood.”
“This is our first ground-up restaurant project in the Phoenix market and we’re excited to work with Wetta Ventures, a company that has a substantial track record for creating innovative adaptive reuse developments,” said Jimmy Tometich of Beal Derkenne Construction in a prepared statement. “A new and unique restaurant venue is exactly what the employees and visitors of SkySong, and the surrounding area, needs.”
A partnership between Wetta Ventures and the SkySong development team, the project includes the Arizona State University Foundation, Plaza Companies and Holualoa Companies. Wetta Ventures, known for developing many high-profile adaptive reuse projects across the Valley, is also working on a retail and office project on the Camelback Corridor, CB20, and IS28 at Indian School and 28th Street, the former Maple House Furniture building, the release said.
“We are excited to be working with Wetta Ventures on this important addition to SkySong,” Sharon Harper, president and CEO of Plaza Companies, the master developer of the project said in a prepared statement. “We have always had a vision for a thriving environment where you can live, work and play, and these restaurants will have an important and positive impact on that vision.”
In a prepared statement, Don Couvillion, vice president of real estate for the ASU Foundation, said the restaurant component makes SkySong an integral part of the Scottsdale community.
“SkySong has emerged as not only a center of innovation and technology, but also a centerpiece for the community as well,” he said. “We look forward to seeing these restaurants thrive at SkySong and make a positive impact not only on the project, but on south Scottsdale as a whole. They will enhance the contribution SkySong is making not only as an economic development engine, but as a focal point for the community.”
Go to wettaventures.com or call 602-478-3538; or skysongcenter.com for more information.
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