ABOUT SURPRISE POINTE

Surprise is one of the fastest growing cities in the United States, and has enjoyed a 1000% increase in population over the past 15 years.

Lincoln center

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Super market

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Hell’s kitchen

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Central park

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Hudson river

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OVERVIEW – ESI Ventures is proud to present its newest investment venture, Surprise Pointe. Surprise Pointe, located in Surprise, Arizona just 30 minutes northwest of downtown Phoenix, was a 290 acre unimproved site. The property enjoys great visibility on three major arterial streets and offers rail access. Initially, the property required major infrastructure such as water storage tank, well, water lines, sewer lines, power, roads, etc. In addition, the property had to go through zoning changes and other City approvals. Surprise is one of the fastest growing cities in the United States, and has enjoyed a 1000% increase in population over the past 15 years.

DEVELOPMENT STRATEGY – Working in partnership with our brokers and third party vendors, and tapping our in-house resources, we quickly analyzed the site taking into account the infrastructure requirements, legal and municipal obstacles, current and future competition and users’ needs. We quickly realized the scale and cost of the infrastructure requirements demanded near perfect planning and execution. Capitalizing on the site’s rail access was important to our success. While faced with many challenges, we realized Surprise Pointe’s value to our firm and the community was nearly limitless. Our strategy called for building the necessary improvements as fast as possible, then leverage the location and rail access in order to attract premium users.

RESULTS – We quickly closed the transaction for $25,000,000 and immediately began planning the park. We engaged third party vendors and commenced a dialogue with local officials and the community. After investing over $20,000,000 in water, roads and power infrastructure, we sold over 100 acres to various developers and a national beverage distributor.

SURPRISE POINTE AMENITIES

In 1995, Surprise had around 10,000 residents. Today the number has surpassed 100,000. At capacity, the City will top 650,000 residents.

City Of Surprise

Surprise is one of Arizona’s fastest growing cities. City population numbers have surpassed 100,000, and will reach close to 650,000 by the year 2040. New amenities and businesses include a state-of-the-art Aquatic Center, the Surprise Regional Library, Surprise Stadium and the Spring Training facility, home to the Kansas City Royals and Texas Rangers.

Area of Amenities

Unprecedented growth has spurred commercial development in Surprise. A Wal-Mart Supercenter, Home Depot, PetSmart, Office Max, Famous Footwear, Target and Lowe’s, as well as many banks, a theater, and restaurants, have created more opportunities for other companies and businesses that will soon make their home in Surprise.

Community Development

The City of Surprise is a great place to live, work and play. The city is home to a multitude of recreational and cultural public facilities, including The West Valley Art Museum and Surprise Recreational Campus which includes the Surprise Stadium, Aquatic Center, Library and other amenities. With numerous public projects underway, Surprise will continue to define it's future by accommodating the city’s unprecedented growth.