Diamond Ventures Announces Two Premier Retail and Entertainment Centers in Northwest Tucson.Business Editors TUCSON, Ariz.--(BUSINESS WIRE)--May 23, 2000 North Tucson will soon be home to two premier retail and entertainment centers unique to the Old Pueblo. Located in an area projected to experience rapid growth in the near future, these innovative lifestyle centers are being developed by Diamond Ventures Inc. to answer the growing needs of the community. The first lifestyle center, Steam Pump a small pumping engine operated by steam. It is usually direct-acting. See also: Steam Village, is slated to open in Oro Valley in Winter 2001. Named after, and located on the old ranch that held Arizona's first operable operable /op·er·a·ble/ (op´er-ah-b'l) subject to being operated upon with a reasonable degree of safety; appropriate for surgical removal. op·er·a·ble adj. steam-driven water well, the 450,000-square foot shopping, dining and gathering place will be situated on 41 acres at Oracle Road, north of First Avenue. The center will feature exclusive retail shops, professional office space, restaurants, and a 250-room hotel. Steam Pump Village also will house one of Harkins Theater's first luxury cinemas in the metropolitan area. Oro Valley 14 Luxury Cinemas at Steam Pump Village will feature stadium seating and a Premiere Club complete with personalized per·son·al·ize tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es 1. To take (a general remark or characterization) in a personal manner. 2. To attribute human or personal qualities to; personify. customer service and gourmet menu items. The lifestyle center has earned the support of county officials in the Oro Valley area. "We are excited about this unique venue which will attract theatre-goers from the entire northwest community," said Paul Loomis, mayor of Oro Valley. Featuring a main street village atmosphere, Steam Pump Village will capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. Tucson's rich architectural heritage by incorporating shaded arcades, fountains, intimate paseos and tiled towers and domes into the design. "Steam Pump Village will provide unique, unparalleled entertainment and lifestyle opportunities for Tucson residents," said Ken Abrahams, vice president of Diamond Ventures Inc., developer of the project. "The development is the first of its kind in the city and we are proud to be creating a gathering place so unique to our community. It is long overdue for the area and the Town of Oro Valley," he said. Construction for Steam Pump Village is expected to begin in early 2001. River Crossing, another Diamond Ventures retail and entertainment center, will be located at River Road and La Cholla cholla Any cactus of the genus Opuntia, native to North and South America, having needlelike spines partly enclosed in a papery sheath. Chollas vary greatly in size and have small flowers, sometimes chartreuse and inconspicuous, but usually of more striking colors. O. Boulevard in northwest Tucson. The current extension of River Road to Orange Grove Road and Interstate in·ter·state adj. Involving, existing between, or connecting two or more states. n. One of a system of highways extending between the major cities of the 48 contiguous United States. Noun 1. 10 is about to greatly enhance access to and within this rapidly growing area. At River Crossing, this highly traveled corridor will one day be marked by festive fes·tive adj. 1. Of, relating to, or appropriate for a feast or festival. 2. Merry; joyous: a festive party. architecture, special street features and landscape improvements emphasizing dramatic points of entry to the area of River Crossing. Phase I will consist of approximately 350,000 to 400,000 square feet and will include popular retailers, restaurants and professional office space. River Crossing also will feature the Harkins River Crossing 20 Luxury Cinemas megaplex movie theatre, with 20 auditoriums and more than 4,500 stadium style seats. Scheduled to open in winter 2001, River Crossing will emulate a festive like atmosphere. Bridges and walkways throughout the center will allow visitors to cross over the arroyos, connecting the many amenities with the Rillito Riverwalk and with the surrounding community. Converging con·verge v. con·verged, con·verg·ing, con·verg·es v.intr. 1. a. To tend toward or approach an intersecting point: lines that converge. b. pathways will lead to a pedestrian promenade where patrons can congregate con·gre·gate tr. & intr.v. con·gre·gat·ed, con·gre·gat·ing, con·gre·gates To bring or come together in a group, crowd, or assembly. See Synonyms at gather. adj. 1. Gathered; assembled. 2. and spend some time. "River Crossing will provide a convenient, modern, yet unique shopping experience in northwest Tucson. We hope to attract major retailers and popular restaurants that meet our vision of making River Crossing an essential part of the community," said Abrahams. To accommodate for growth in northwest Tucson, Pima County has begun construction to expand River Road from La Cholla Blvd. west to Shannon Road. Phase II construction is expected to commence in 30 days, connecting River Road to Interstate 10, which will provide direct access to River Crossing. Documents have been filed with Pima County, which when approved will expand the existing commercial zoning south of River Road in order to accommodate Phase I of River Crossing. Diamond Ventures Inc. is a Tucson-based diversified real estate and venture capital company. It is most known as master developer of The Canyon, Pima Canyon Pima Canyon is a significant canyon located in the Santa Catalina Mountains north of Tucson, Arizona, USA. Pusch Ridge forms the northwestern cliffs of Pima Canyon, dramatically rising from Pima Creek on the canyon floor. , Coyote Ridge, Tucson Mountain Reserve and other custom home communities. Founded in 1988, Diamond Ventures was recently selected "Building Owner of the Year" by professional associations representing the Tucson construction industry for building the Intuit in·tu·it tr.v. in·tu·it·ed, in·tu·it·ing, in·tu·its Usage Problem To know intuitively. [Back-formation from intuition. Customer Service Center. For information on leasing opportunities contact Richard Shenkarow at Shenkarow Realty realty n. a short form of "real estate." (See: real estate) REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property. Advisors - 520/299-2610 |
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