2026-09-17 - City Council
Summary
Built from the official minutes.
- Regular meeting 6:00-6:47 PM; all seven members present, Mayor Hartke presiding.
- One Chandler Downtown Mixed-use Development passed 7-0: $130 million mixed-use project downtown, 291 units multifamily, 13,000 SF office, 16,000 SF ground floor commercial, reassigned to Shelter Asset Management (SAM), LLC from Jackson Dearborn Partners with extended construction timelines through September 2030.
- Multiple routine agreements and contracts passed unanimously on consent agenda.
- Public comment on ALPR surveillance and surveillance technology; speakers opposed and in favor.
- Announcements: Peace Week promotion; former U.S. Senator Jon Kyl passed away September 17; welcomed new City Attorney Deryck R. Lavelle; visited sister city Tainan, Taiwan exploring economic opportunities.
One Chandler Downtown Mixed-use Development
- Staff presentation on amended and restated development agreement between Shelter Asset Management (SAM), LLC and the City of Chandler, at northeast corner of Buffalo Street and Arizona Avenue.
- Background: original agreement with Jackson Dearborn Partners approved October 27, 2022; developer requested one-year extension in December 2024, extended commencement to March 31, 2026 and overall term to March 31, 2030.
- Project: 291 Units Multifamily, 13,000 SF Office, 16,000 SF ground Floor Commercial, 612 self-contained parking spaces, Planned Area Development (PAD) zoning.
- Negotiated deal points: reassignment to SAM, extended/updated construction deadlines, design modifications consistent with approved Administrative Design Review (ADR) application, "right of first refusal" if developer wants to sell any property if project not fully completed (both towers).
- Updated timelines: 20 business days after closing for utility relocation work; 9 months for 100% Civil Plans (off-site and on-site improvements); May 2028 completion of minimum improvements; September 2029 completion of Tower 1; September 2030 completion of Tower 2.
- Enhanced features: rooftop pool, gathering space, fitness center overlooking Arizona Avenue, monument signage, cantilever patios.
- Councilmember Ellis commended staff and expressed enthusiasm for the project.
- Staff noted Shelter Asset Management's parent company, Drewlo Holdings, is 69-year-old company with history of long-term tenant retention (average 9 years); CEO Stu Hansen attended weekly planning meetings; developer estimated $130 million investment, about 200 full-time staff employed downtown, permitting fees about $4 million, expected to create new retail and office jobs and be large economic benefit to Chandler.
- Motion by Mayor Hartke, seconded by Councilmember Ellis; passed 7-0.