Posted Aug 23, 2018, 2:39 PM
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Modulator
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Join Date: Nov 2013
Location: Phoenix, AZ
Posts: 4,513
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Fast-growing restaurant group moves HQ to iconic Midtown Phoenix building
Good news for the Financial Center.
Quote:
Upward Projects, the Phoenix-based restaurant group behind Postino WineCafe and Joyride Taco House, is moving its headquarters to the iconic former bank space inside the Phoenix Financial Center.
The company, known for giving life to older spaces with unique architectural designs, will relocate its headquarters to the W.A. Sarmiento-designed Phoenix Financial Center rotunda at 3443 N. Central Ave. in Phoenix. The space was designed by the modernist architect in 1964.
The office space already has been secured, and the company will start a renovation project this fall. Upward Projects expects to move its 30-person team into the new headquarters in February 2019.
“Starting with the first-ever Postino inside the former Arcadia post office, Upward Projects is built on a foundation of revitalizing historic and architecturally significant spaces,” said Lauren Bailey, Upward Projects’ co-founder and CEO, in a statement. “So the Phoenix Financial Center is the perfect retro-modern home for our team to work in a creative, inspiring environment.”
Bailey said she told Joe Herzog of Shepley Bulfinch, the firm that recently restored the south building of the Phoenix Financial Center, that she loved the space and he informed her the rotunda would be available in the fall.
Upward Projects will move its headquarters from one former bank space to another. Currently it’s HQ is in the former Al Beadle-designed bank that also houses Federal Pizza.
The 8,700-square-foot Financial Center Pavilion will be where Upward Projects will develop and manage all aspects of its business, including eight Postino WineCafé locations across Arizona, Colorado and Texas, two locations of Joyride Taco House, Windsor & Churn and Federal Pizza.
The company expects to grow its home office headcount to 50 in the next few years, according to a company statementease. Last year Upward Projects received financial backing from a Los Angeles private equity firm to take its Postino concept national.
Upward Projects will use some of the midcentury elements already in the two-story space including the floating staircase with surfboard-shared steps, oversized hanging globe lighting and warm orange walls. It also has floor-to-ceiling glass window walls supported by upside-down arches.
Its new space also has a large underground basement, something unusual in the Valley.
“We’re not sure what exactly we’ll do with the basement,” Bailey said. “The possibilities are endless. But we did run a poll on Instagram and the top vote getter was to install a roller rink."
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https://www.bizjournals.com/phoenix/news...staurant-group-moves-hq-to-building.html
Edit: Left some of the article out this morning. Added the rest.
Last edited by CrestedSaguaro; Aug 23, 2018 at 6:05 PM.
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