News Ticker

Arizona Projects 02-17-17

Grubstak - Credit: LGE Design Build

WIP1Groundbreaking

1. Kurt Warner and his wife Brenda have broken ground on Treasure House, a space for people with disabilities to live, work and play, in Glendale, off of the Loop 101 and 75th Avenue. Don and Kim Cardon, principals of Cardon Development Group, donated 4.1 acres of land to Treasure House, valued at $1.5M. The site is part of a larger mixed-use campus known as Aspera at Joy.

2. Construction will begin immediately on a new medical office building on West State Route 287 in Florence, and completion is the expected in late summer or fall. The Sun Life Family Health Center office, will cover 12KSF and include exam rooms, a laboratory and a drive-through pharmacy. It will be the first health care project for commercial real estate developer SimonCRE.

3. Koelsch Communities has started construction on The Park at Surprise, a 155-unit independent living community in Surprise. The 202KSF project is being built on an 8.5-acre plot. Development costs are estimated at $46M.

Progress Reports

4. The Arizona Department of Transportation’s $63M million project to complete a traffic interchange linking Loop 303 with Interstate 10 in the West Valley continues to take shape. Plans call for the “south half” of the interchange, which includes extending Loop 303 south from Thomas Road to Van Buren Street, to open to traffic by late fall. This work started nearly a year ago.

5. HSL Properties, which owns the now-vacant La Placita complex, has taken out a demolition permit for the brightly colored property. The company has contracted with BCS Enterprises, which has offices in Gilbert, to handle the demolition.

6. Crescent Crown Distributing, one of the nation’s largest beer distributors, is expanding its West Valley facility. The location in Surprise is getting additional cooler space and fleet shop, totaling almost 18KSF at their 200KSF facility. LGE Design Build is heading the expansion.

7. Gilbert Christian Schools is adding a campus at Greenfield and Ryan roads, between Germann and Queen Creek roads, because of high demand at its other two sites.

8. The Ina Road and I-10 traffic interchange in Marana will be closed for the next 25 months. The closure is part of the $2.1B reconstruction project, designed to improve traffic flow in the area by widening I-10 and adding an extra lane in each direction, and widening Ina from Silverbell Road to Camino de la Cruz.

9. Crews from Connect 202 Partners, developer of the South Mountain Freeway project, are constructing foundations for bridges at future Loop 202 interchanges with 17th Avenue, 24th Street and 40th Street along the freeway segment following Pecos Road and where the freeway will cross the Salt River south of Broadway Road in Laveen.

Completions

10. McShane Construction Company is pleased to announce the construction delivery of Desert Gateway – a two-building light industrial development for a joint venture between Griffin Opportunities LLC, Adam Norvell and Walter Cale. Located within the growing Deer Valley submarket in Northwest Phoenix, Arizona, the 173KSF speculative development consists of two rear-load buildings providing an optimal environment for light industrial users.

11. The three-year expansion and campus renovation at Yuma Regional Medical Center has been completed by McCarthy Building Companies Inc. The project included a new 71KSF Emergency Department (ED) expansion, boosting bed capacity from 37 to 72. Now, the facility accommodates up to 109,000 visits annually.

12. The Muller Company, in a joint venture with investment firm Harbert Management Corporation, announced that the $20M redevelopment of Sky Harbor Towers office complex is nearing completion of its first phase. The 13.6-acre, two-building office campus located at the intersection of Interstate 10 and State Route 143 is anticipated for move in this spring.

13. Benedictine University in downtown Mesa opened its first residence hall last week that is expected to house up to 63 students once fully completed.

14. The Hermosa Inn got some new perks to the tune of $5.5M.  The AAA Four Diamond hotel has introduced 10 deluxe hideaway casitas, renovations on 12 historic rancho casitas, and an expansion of Lon’s Last Drop bar and patio.

15. Sanctuary on Camelback Mountain Resort & Spa in Paradise Valley has completed a $2 million renovation on its casitas and suites. The renovations began in October 2015 with the complete redesign of the resort’s Mountain Casita accommodations.

16. Vinyl Visions and Sun State Builders have announced the completion of Vinyl Vision’s Prescott Arizona Office and Manufacturing facility.  This project is the winner of multiple awards including the City of Prescott’s “Deal of the Year” and an Award of Merit from the Arizona Association for Economic Development (AAED), recognizing excellence, innovation, and creativity in economic development. The new 50KSF facility features Class A two-story offices and a state-of-the-art vinyl extrusion manufacturing plant. The company invested $8M in the new facility.

17. LGE Design Build has completed construction on Grubstak’s first retail location, now open at Heritage Marketplace.

Leave a comment

Your email address will not be published.


*