Doral Costa Office Park has been divided into two development phases, with phase I comprising a total of 147,028 square feet and phase II a total of 128,169 square feet. Phase I is proposed to start construction immediately. The construction of phase II should be tied up to the leasing of phase I and QRS must reserve the right to decide when phase II will commence. The land will be sold by Trammell Crow at cost if QRS lets Trammell Crow assume the development of the project. It is divided into two zoning classifications: 16.72 acres of Office Park District and 1.15 acres for retail. The area around the site represents one of the last parcels of land available for development to the west of the interchange. Financial Feasibilty
Doral Costa Office Park is a great investment opportunity with strong financial results for QRS. Based on discussions with QRS; their investment strategies seek opportunistic investments, like Doral Costa, where they expect a return on equity over the life of the investment of at least 500 basis points higher than the NCREIF Property Index (NPI).