Groundbreaking set for Chandler's Overstreet Project

Posted: Updated:
A new $25 million project in downtown Chandler is expected to start at the end of the month. (Source: 3TV/CBS 5) A new $25 million project in downtown Chandler is expected to start at the end of the month. (Source: 3TV/CBS 5)
Anchoring the space will be FLIX Brewhouse,which is a luxury theater with a restaurant and brewery inside. (Source: 3TV/CBS 5) Anchoring the space will be FLIX Brewhouse,which is a luxury theater with a restaurant and brewery inside. (Source: 3TV/CBS 5)
The space has been vacant for awhile and for some, it's an eyesore. (Source: 3TV/CBS 5) The space has been vacant for awhile and for some, it's an eyesore. (Source: 3TV/CBS 5)
The construction timeline is aggressive with a planned completion of December 2017 or early 2018. (Source: 3TV/CBS 5) The construction timeline is aggressive with a planned completion of December 2017 or early 2018. (Source: 3TV/CBS 5)
CHANDLER, AZ (3TV/CBS 5) -

A prime piece of real estate in downtown Chandler is about to get a serious upgrade.

"It will be about 77,000 square feet, including a FLIX Brewhouse cinema and it will also have retail, a fitness center and offices that's associated with the project," said City of Chandler Downtown Redevelopment manager Kim Moyers.

The $25 million project is called "Overstreet," and it's set to be built on the vacant lot on the southwest corner of Chandler Boulevard and Arizona Avenue.

"We'll actually break ground at the end of this month, and the entire 77,000 square feet should be completed again by the end of this year beginning of next year," Moyers said.

Anchoring the space will be FLIX Brewhouse, which is a luxury theater with a restaurant and brewery inside.

Also part of this new build is a much-needed parking structure on the west side of Arizona Avenue. Moyers says it will have 360 spaces.

The entire project, which is being designed and built by LGE, is expected to be a large job creator.

"It will bring around 200 direct and indirect jobs during the 10 months of construction, but afterward we're going to see just FLIX Brewhouse itself bring about 150 to 200 employees to downtown with the rest of the project bringing another 150 to 250," Moyer said. "Upon completion, it will generate about $51 million of annual economic impact to Chandler."

Those are projections neighboring businesses in downtown can get on board with.

"If it brings in 800 people on a weekend that normally wouldn't be here and they get to find out my business is here, or the barber shop next door or Blue Planet then we all win. It's a win, win for everybody," Wimpy's Paradise owner Randy Walters said.

He says for years that vacant lot has been an eyesore and with previous projects failing before they ever broke ground, he's hopeful this one goes through.

"To me, it's a big part of completing the puzzle down here, and I'm excited," he said.

The only downside he can see is parking. Walters isn't quite convinced that the new parking garage is going to be enough to accommodate the influx of people they're expecting.

Still, he says even that doesn't change the overall attitude toward the project.

"I think for the most part everybody's excited to have them, have them down here," Walters said.

The City of Chandler says the groundbreaking is scheduled for next Wednesday and people can expect to see fencing go up around the "L" shaped design soon after that. The construction timeline is aggressive with a planned completion of December 2017 or early 2018.

Copyright 2017 KPHO/KTVK (KPHO Broadcasting Corporation). All rights reserved.


  • Social Connect

  • Contact

    AZ Family

Amanda GoodmanAmanda Goodman joined Arizona’s Family in May 2014.

Click to learn more about Amanda.

Amanda Goodman

The Yuma native and ASU Walter Cronkite School graduate is delighted to be back home in Arizona.

Goodman started her career in St. George, Utah, working at an independent station. While there, she was able to do a little bit of everything from reporting to anchoring to shooting her own video and even producing.

From there, she headed east to West Virginia, working at the No. 1 station in the Huntington, Charleston market, WSAZ-TV.

Before returning to Arizona, Goodman spent the past three years at KRQE-TV in Albuquerque. During her time there, she covered many high-profile, stories including the murder trial of a former Albuquerque police officer, the Las Conchas wildfire that threatened Los Alamos National Lab, and the massive Wallow Fire that made its way into New Mexico from Arizona.

When she’s not reporting and tweeting, Goodman spends a lot of her free time hanging out with family and friends.

She also loves to travel and has been to four, soon to be five, continents.

Goodman is so excited to be back home and can’t wait to share some of your stories.

Hide bio