Elevation Chandler demolition OK'd

Annie Z. Yu, The Republic | azcentral.com 11:07 a.m. MST September 10, 2014

The abandoned Elevation Chandler site.(Photo: Charlie Leight/The Republic)

Chandler City Council approved a development agreement with Houston-based Hines on Monday, giving Hines long awaited approval to demolish Elevation Chandler and setting a March 16, 2015 deadline for completion of the process.

Demolition of the skeleton of the unfinished mixed-use complex northwest of the Loop 101/Loop 202 interchange, just south of Chandler Fashion Center, is expected to start in January 2015, giving a "late Christmas present for our residents," Chandler Vice Mayor Rick Heumann said at Monday's City Council meeting.

RELATED: Elevation Chandler one step closer to coming down

Demolition will require about three months with an estimated cost of $300,000 to the developer.

"Hines is extremely excited to move this project forward, and finally, after all these years, participate in the demolition of that hideous structure," Hines represented Nick Wood said. "It's been a blight for way too long in Chandler."

MORE: New development proposed for Elevation Chandler site

After Elevation Chandler is razed, construction by Hines of Chandler Veridian, a mixed-use development with retail, office buildings and multi-family residential, will come in phases and begin from the southern end of the 26-acre site.

The multi-family residential housing will sit on 14 acres and house 335 residential units in six four-story buildings and a seventh building with both a clubhouse and residential.

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Elevation Chandler demolition OK'd