Month: March 2020

Awards & Accolades 1. Sundt Construction, Inc. and Central Arizona College (CAC) have received a 2020 Bellwether Award for their workforce development partnership. 2. Inside Tucson Business held their 2020 Women of Influence Awards on …

Sales Transactions 1. Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the $123M sale of West Sixth, a core-plus, condo-quality 375-unit/625-bed student housing community located just steps from Arizona State University (ASU) …

By Tasha Anderson for AZBEX Plans for the development of a new geriatric behavioral health hospital south of Mercy Road just southwest of Pecos Road was recently approved at the Town of Gilbert’s Planning and …

By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate remained at 4.5 percent in January 2020, from December 2019, according to the latest report published by the Arizona Office of Economic Opportunity. The national …

Awards & Accolades 1. Mesa’s Gilbert Road Light Rail Extension was among the most significant construction project of 2020, the Associated General Contractors of America announced. As a result, the project’s contractor, Stacy and Witbeck/Sundt, …

By Tasha Anderson for AZBEX The City of Mesa recently approved plans for a new 45.8KSF medical office building and clinic at its February 12th Planning and Zoning meeting. The applicant and architect on the …

Source: Arizona Builders Alliance Women totaled more than half of U.S. payroll jobs last December, just the second time women have outnumbered men in the workforce, according to the U.S. Department of Labor. Yet while women …

By Bennito L. Kelty for Yuma Sun Officials are keeping a close eye on Arizona House Bill 2814, with the hopes of alleviating the inequality between rural and urban economic development in Arizona. “There’s one area of …

Source: Associated Builders and Contractors The construction industry added 42,000 net new jobs in February, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a …

Giving Back 1. The Sundt Foundation awarded nearly $27K in grants to 11 Southern Arizona nonprofits during its first-quarter disbursements. The Sundt Foundation awards grants each quarter to area charities that support disadvantaged children and …

Sales Transactions 1. Cohen Asset Management purchased the West 202 Logistics Center, a 554KSF industrial development leased to Amazon at 59th Avenue and Lower Buckeye in Phoenix for $61M. Trammell Crow Company was the seller. …

By Tasha Anderson for AZBEX Pew & Lake, PLC, on behalf of The Victoria Lund Foundation, recently submitted documents to the Town of Gilbert for the development of a new mixed-use project to be located …

By Rebekah Morris for AZBEX Last week, the 2019-2020 ACE Mentor program awarded more than $38K in scholarships to high school students pursuing careers in Architecture, Construction and Engineering. As part of a national program, …

By David Wichner for Arizona Daily Star A four-story, 100-room hotel is planned for the UA Tech Park at the Bridges, where work is officially underway for the University of Arizona’s first tech-related building on …

Source: Associated Builders and Contractors National nonresidential construction spending increased by 1.6 percent in January and is up 5.1 percent on a year-ago basis, according to an Associated Builders and Contractors analysis of data published …

Awards & Accolades 1. Ideation Design Group (IDG) has been named a finalist in the prestigious Airport Experience Awards which honors the best in global airport design, management and concessions. The firm is being recognized …

By Tasha Anderson for AZBEX Owner and applicant, Avenue North LLC recently submitted plans to the City of Phoenix for a new multifamily development to be located east of the NEC of 16th Street and …

By Elise Shelton for Surgenights If you ask me, Phoenix pretty much has it all: art, music, nature and nightlife. The only thing missing is a beach… But, come 2021 all of that is changing because- …

By Christopher Boan for East Valley Tribune Four of Mesa’s six high schools are so overcrowded the district may have to consider building a new one, according to a master plan introduced to the Mesa …

By Joe Bousquin for National Apartment Association HQ Since the end of the Great Recession, the hallmark of this apartment cycle has been luxury units, usually located within the urban core, with a slew of …

Giving Back 1. The Sundt Foundation awarded over $80K in grants to 23 Phoenix-area nonprofits during its first-quarter disbursements. The Sundt Foundation awards grants each quarter to area charities that support disadvantaged children and families. …

Sales Transactions 1. Landmark Dividend purchased the 184KSF PayPal Inc. central Phoenix data center at the SWC of Third Street and Indian School Road, for $122M. PayPal will remain as a tenant in the facility. …