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Caliber Receives Design Review Approval for PURE Pickleball & Padel Project
SCOTTSDALE, Ariz., May 08, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that its joint venture development, PURE Pickleball & Padel™ has gained Design Review approval from the Salt River Pima-Maricopa Indian Community (SRPMIC) Planning Department. This approval positions the project to seek a building permit once final construction documents are complete, with a planned ground-breaking shortly after receiving the permit. PURE Pic
About this update from Calibercos Inc.
[{"type":"image","alt":"Caliber","displaySize":"","headline":null,"caption":"Caliber","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":132,"url":"https://media.zenfs.com/en/globenewswire.com/c4109f8b883aacd99338bfd9218c3b57"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/sWdTb9lYdwzLCzfsXIZYlg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE4NTtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/c4109f8b883aacd99338bfd9218c3b57","width":300,"height":132}},"lazy":false},{"type":"text","content":"SCOTTSDALE, Ariz., May 08, 2025 (GLOBE NEWSWIRE) -- Caliber (NASDAQ: CWD), a real estate investor, developer, and manager, today announced that its joint venture development, PURE Pickleball & Padel™ has gained Design Review approval from the Salt River Pima-Maricopa Indian Community (SRPMIC) Planning Department. This approval positions the project to seek a building permit once final construction documents are complete, with a planned ground-breaking shortly after receiving the permit.","length":495,"tagName":"p"},{"type":"text","content":"PURE Pickleball & Padel™ is developing an 11+ acre site in the Riverwalk Development Project located in the Talking Stick Entertainment District, a 100-acre site in the SRPMIC adjacent to Scottsdale. PURE will be a world-class pickleball and padel facility and seeks to claim the title of the largest indoor pickleball and padel facility in the world. The 196,726 square feet state-of-the-art facility will boast a 1,200-seat pro arena, 48 indoor courts (40 pickleball, 8 padel), sports performance and recovery fitness center by HonorHealth, restaurant and rooftop bar, pro shop, locker rooms and spa, special event spaces, childcare and other amenities.","length":659,"tagName":"p"},{"type":"text","content":"Chris Loeffler, CEO of Caliber, said, “We are grateful to the SRPMIC team for their thoughtful review and approval of this project. Collaboration with the SRPMIC has been instrumental throughout the design review process which has brought an elevated design and uniqueness to the project.”","length":289,"tagName":"p"},{"type":"text","content":"Kevin J. Berk, Co-Founder & CEO of PURE, said, “I want to extend my heartfelt thanks to the SRPMIC for believing in and supporting our vision. I’m deeply grateful to all the incredible teams contributing to this project—your passion, dedication, and...