News Ticker

Major Projects Getting Valley Starts

By Eric Jay Toll for The Arizona Builder’s Exchange

Intel’s new R & D Facility

Intel’s announcement for the $300M research and development facility is just one of four Valley major projects with announcements coming between August 6th and 20th.

Mayo Plans Big Announcement Monday

Notwithstanding the $180M Proton Beam Facility under construction, an expansion of its casitas village and the recent opening of a newly developed meeting and conference center, more construction is expected at Mayo Clinic’s 56th Street campus in Phoenix. An announcement is scheduled for August 20th about the next major project at the site.

Bridgestone Tire Research Facility in Mesa/Eloy

Another big win for Mesa Economic Development comes goes up next spring when ground breaks for the Bridgestone Tire and Rubber Company’s Mesa research and development center. Using an Eloy-grown plant, Bridgestone is developing a natural material that can be used in rubber products (AZBEX, August 14th). Eloy picked up a part of this project with a specialized farm for Bridgestone and smaller R&D lab east of I-10.

Alliance Residential $144M in New Multifamily

Alliance Residential has also announced in the past week its plans for three luxury apartment complexes approaching 800 units. The three Broadstone projects – two in Scottsdale, one in Phoenix – will start as soon as permits clear the review processes in the two cities.

Chandler Seeking Public-Private Partners

Flush with some big economic development wins and a nearly full downtown, Chandler has assembled a number of infill parcels the city controls for development partnerships. In an interview with the mayor and economic development director Christine Mackay, AZBEX explores growth options and opportunities with the Southeast Valley city in the upcoming August 21st edition.