Planning & Development

Maricopa Looking to Develop Copper Sky

By Roland Murphy for Arizona Builder’s Exchange  The City of Maricopa is looking for a developer “to transform the Copper Sky Commercial Site into a high quality mixed-use destination.”   It issued “RFP18-ED01242018 Copper Sky Commercial Site Development” outlining its

Local Projects

Arizona Projects 02-23-18

Groundbreakings 1. The Westin Tempe has officially broken ground in Downtown Tempe on Seventh Street between Mill and Myrtle avenues. Developed by CAI Investments, the 18-story Westin Tempe will be a full-service business hotel. 2. Ottawa University-Arizona

Commercial Real Estate

Commercial Real Estate News 02-20-18

Sales Transactions 1. Western Wealth Capital recently acquired Villatree, a 150-unit multifamily community in Tempe for $17.35M, increasing the company’s total number of acquired rental units to more than 7,000 and ranking it as the second-largest multifamily owner in

Local Projects

Arizona Projects 02-09-18

Groundbreakings 1. Western States Lodging, along with development partners Boyer Group and Colmena Group, started work on Legacy Village of Salt River, a senior housing community. The property will offer 216 units in a mix of two-bedrooms,