Rivulon project to ‘effectively double’ office space in Gilbert
July 17th, 2013
Eric Mungenast, East Valley Tribune
Nationwide Realty’s incoming Rivulon development project will take up a lot of space in Gilbert.
In fact, it will almost double the town’s office space, and, if things go as projected, include a little bit of everything within its 3.1 million square feet.
Adjacent to the Loop 202 (Santan Freeway) and sandwiched between Gilbert and South Lindsay roads in Gilbert but along the precipice of Chandler, the Rivulon project features ample space for office and retail businesses and opportunities for the town developed by the Columbus, Ohio-based international development firm.
“These large-scale, mix-use projects are something we excel at,” said Nationwide Realty vice president of marketing Tina Guegold.
The goal over the next 10 to 20 years is to create what she called an “interdependent” environment, with the office space providing a consistent customer base for restaurants and retailers, where each segment of the development supports one another. Guegold said Nationwide Realty also plans to incorporate a hotel onto the site, as well as part of what town economic development director Dan Henderson called a “mixed-zoning” project.
Longer term, Guegold said Nationwide Realty might incorporate a residential factor into Rivulon, although Henderson said Gilbert hasn’t agreed to expand the zoning to include that aspect yet.
“Over a 20-year period of time, we may see things their way,” he said.