PINNACLE WEST CAPITAL CORP
8-K, EX-99.1, 2000-10-26
ELECTRIC SERVICES
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Tatum Ranch - Phoenix, Arizona

  • SunCor's first complete master-planned community
  • At the time it was built, Tatum Ranch was the only moderately priced, desert-oriented master-planned community in Northeast Phoenix
  • 1,400-acre community set in the Sonoran Desert in the Northeast Valley
  • 50 acres of commercial development
  • Sold out in 1998
  • 3,500 homes sold

Scottsdale Mountain - Scottsdale, Arizona

  • More than 700 acres preserved for open space and enhanced views
  • One of the most prestigious communities in the Valley
  • Dramatic views of the metropolitan area
  • 1,400-acre, gated community
  • Opened for home sales in 1993; now in final close-out phase
  • 800 homes from $250,000 - $2,000,000

Palm Valley - Goodyear, Arizona

  • 9,000-acre master-planned community with shopping, restaurants, class "A" office space, medical buildings, golf courses, and a wide range of housing
  • Quick access to downtown Phoenix
  • Pebble Creek retirement community at the center of development
  • Opened for home sales in 1993
  • Homes range from the low $100's to luxury custom homesites
  • Various homebuilders currently selling 1,200 - 1,500 homes per year

Sedona Golf Resort - Sedona, Arizona

  • Created world-class residential and golf destination
  • 303-acre golf community
  • Master plan includes residential, hotel, retail, and vacation ownership uses
  • Partnership with WLD Enterprises, Inc.
  • Opened for home sales in 1996
  • Luxury homes from the low $200's and custom homesites from the mid $200's

SunRidge Canyon - Fountain Hills, Arizona

  • Secluded golf course community in exclusive area
  • 950-acre community; includes over 500 acres of desert preserve
  • Sales began in 1995

Rancho Viejo - Santa Fe, New Mexico

  • Design drawn from rich cultural heritage of region
  • Quality affordable homes for people who work in area, plus high-end custom homesites
  • 21,000 acres in Santa Fe County, New Mexico
  • Opened for home sales in November 1998

Coral Canyon - Washington, Utah

  • Gateway to some of nation's most beautiful national parks
  • Village plan with neighborhood amenities as centerpiece
  • 2,500-acre golf course community north of St. George, Utah
  • Opened for home sales in the second quarter of 2000

Hidden Hills - Scottsdale, Arizona

  • 419-acre community in the foothills of McDowell Mountains
  • Natural open space, hiking trails, and walking paths accentuate desert lifestyle
  • 356 production homes and premium custom homesites
  • Opened for sales in the second quarter of 2000

StoneRidge - Prescott Valley, Arizona

  • 1,850-acre master-planned community in Prescott Valley, Arizona
  • Built around a core of seven neighborhoods bound by natural features and connected by pedestrian and bicycle pathways
  • Partnership with WLD Enterprises, Inc.
  • Groundbreaking to take place in the fourth quarter of 2000

Biltmore Estates - Phoenix, Arizona

  • Luxury home development in premier location
  • 1,110-acre community
  • Completed in 1997
Ancala Homes (not pictured)
  • 42-home subdivision completed in 1994

Costco / Sports Authority Plaza - Tempe, Arizona

  • Retail center is "split," with space built on adjacent corners
  • 450,000-square-foot shopping center
  • 100% leased
  • Joint venture with KIMCO
  • Tenants include Costco, Sports Authority, Homebase, and PetSmart

Palm Valley Pavilions - Goodyear, Arizona

  • Latest additions: Michael's and other shops
  • Several tenants broke national opening-week sales records
  • 35-acre shopping center in Goodyear, Arizona
  • Tenants include Target, Cracker Barrel, Chili's, TGI Friday's, Holiday Inn Express hotel, and a 14-screen movie theater

Palm Valley Marketplace - Goodyear, Arizona

  • An 18-acre, 130,000-square-foot shopping center
  • Anchored by a Safeway supermarket
  • Phase II completed in late 1999

Quads on Kyrene - Tempe, Arizona

  • 155,000-square-foot business park
  • Joint venture with SunState Builders
  • Four-building, flex-tech industrial complex
  • Sold in 1999

Talavi Business Park - Glendale, Arizona

  • 80-acre business park
  • Commercial uses include flex-tech and garden office
  • Focus on people-gathering areas such as courtyards
  • Attracts major tenants like Mattel and COMDISCO

Black Canyon Commerce Park - Phoenix, Arizona

  • 16-acre business park
  • Three buildings to total 175,000 square feet
  • First two buildings 100% leased
  • Construction began in 1999;Phase I & II completed in 2000
  • 50,000 square feet of office space currently under construction in Phase III

Palm Valley Office Park - Goodyear, Arizona

  • First Class-A office park in Goodyear
  • 10-acre office park in Goodyear, Arizona
  • First phase opened in November 1999 with 60% occupancy
  • Currently 92% leased

Tempe Autoplex - Tempe, Arizona

  • A major component of Tempe MarketPlace - a catalyst for new business in the area
  • 105-acre auto park
  • 13.28 acres remaining
  • Dealerships include Cadillac, Oldsmobile, Pontiac GMC, Buick, Toyota, Honda, Saturn, Nissan, Dodge, Daewoo, Mitsubishi and Lincoln-Mercury
  • Other users include Midas and Super Station Car Wash
Palm Valley Autoplex (not pictured) - Goodyear, Arizona
  • Part of Palm Valley Crossing - a prominent retail and employment center in the rapidly growing West Valley
  • 100-acre auto park
  • Current home to Yates Pontiac GMC
  • Recent land sales include: Avondale Dodge, Germain Properties of Phoenix, and United Auto Group

Hayden Ferry Lakeside - Tempe, Arizona

  • Catalyst mixed-use project for the visionary Tempe Town Lake
  • Premium location close to regional airport and transportation corridors
  • Phase I comprises a full-service hotel, 200,000 square feet of high-end office space, a restaurant, parking garage and the first of 388 condominiums
  • Phased development to break ground in 2001

SunRidge Canyon Golf Course - Fountain Hills, Arizona

  • 42nd on Golf Magazine's "Top 100 You Can Play in the U.S."
  • Follows the flow of the land
  • Rugged desert course designed by Keith Foster
  • 6,823-yard, par-71 course open to the public
  • 35,000 annual rounds

Sedona Golf Resort - Sedona, Arizona

  • Spectacular setting amid dramatic red rocks
  • Acquired in 1995
  • 18-hole championship course, designed by Gary Panks
  • 6,642-yard, par-71 course
  • 40,000 annual rounds

Palm Valley Golf Center - Goodyear, Arizona

  • Family-oriented golf club caters to all ages, skill levels
  • Facility includes Arthur Hills championship course, Hale Irwin 18-hole executive course, 9-hole pitch-and-putt course, and lighted practice area
  • One of the most complete golf learning facilities in the area
  • Among the area's best junior golf programs
  • Projected 93,000 annual rounds

Sanctuary Golf Course - Scottsdale, Arizona

  • 18-hole championship golf facility in Scottsdale, Arizona
  • Built under the auspices of the Audubon Society
  • Prime example of an environmentally sensitive project; mindful of wildlife habitat, water conservation, and waste control
  • Adjacent to WestWorld, a nationally recognized equestrian center
  • 45,000 annual rounds (projected for 2000)

Coral Canyon Golf Course - Washington, Utah

  • Breathtaking views in Southern Utah's "Color Country" near Zion National Park
  • Clubhouse complete with golf shop, indoor grill, and outdoor covered pavilion
  • Course design by Keith Foster
  • Opened September, 2000
  • 7,029-yard, par-72 course open to the public
  • 38,000 annual rounds (projected for 2001)

Club West Golf Club - Phoenix, Arizona

  • Desert-style course winds through the Sonoran Desert foothills
  • Dramatic elevation changes and panoramic views of South Mountain
  • Course design by Brian Whitcomb
  • Acquired in September, 2000
  • 7,024-yard, par-72 course open to the public
  • 49,000 annual rounds (projected for 2001)

StoneRidge Golf Course -Prescott Valley, Arizona

  • Groundbreaking scheduled for the fourth quarter of 2000
  • Featured amenity for SunCor's newest master-planned community
  • Designed to be 7,005-yard, par-72 course open to the public



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