Property consists of a partially built hotel and vacant land outparcels in the Chandler Fashion Center which is anchored by the high end retailer Nordstrom. The land is in close proximity to other restaurants, specialty shops, and retailers. Approvals have been previously granted for development of an eight story hotel property,with two additional levels of condominiums on top, a fitness building, and another 15 story residential condominium building in this up and coming residential area. The property is allowed to have vertical development of up to 200 feet, which is higher than nearly all properties in the State of Arizona with the exception of Phoenix, Tucson, Tempe and other limited locations. This allows the property to be developed with greater density than most commercial and residential sites. This is a unique opportunity to invest, own and build in an up and coming area 20 miles from downtown Phoenix, Arizona.