Long-term client of Gammage & Burnham, Harvard Investments, is investing more than $40 million this year into Phase I of its 464-acre Cadence at Gateway master-planned community in east Mesa.
Partner Susan Demmitt has been working with Harvard Investments on the Cadence project since 2010. Partner Tom McDonald has also worked with builders regarding the acquisition of parcels within Cadence.
Harvard Investment’s Vice President Tim Brislin recently spoke to the Phoenix Business Journal about the project. According to project plans, Cadence will include 1,600 units of single-family residential homes, 400 units of multifamily and 40 acres of retail and commercial development. Harvard Investments is acting as the master developer and Brislin is in charge of the Cadence project. Although it is too early to determine if Harvard Investments will develop the commercial property on its own, Brislin hopes for retail, office space and perhaps a hotel on the site.
“We’re just gonna try and be the quarterback to help make sure it gets executed properly,” said Brislin.
Lennar, Pulte Homes, CalAtlantic Homes, David Weekly Homes, and Gehan Homes are the builders currently attached to the Cadence project.
See the full article from the Phoenix Business Journal online here.
Please check out the construction update video from Cadence at Gateway here.