Local News

Arizona Projects 11-20-20

Groundbreakings  1. Westcore broke ground this month on a 720KSF, three-building industrial campus at 199th Avenue and Fairway Drive, Avondale. Westcore teamed with The Opus Group to serve as its development manager, as well as the design-build general

Planning & Development

122-room Hotel Planned for Mesa

By Tasha Anderson for AZBEX  A limited service hotel is being planned for a vacant 2.9-acre site north of Baseline Road and east of Mesa Drive.  Gilmore Planning & Landscape Architecture, on behalf of developer, BG Edge, LLC, submitted plans to

People on the Move

Industry Professionals 11-17-20

Giving Back  1. During its fourth-quarter round of giving, the Sundt Foundation awarded more than $75K in grants to 19 Phoenix-area nonprofits. In addition to its grants, the Foundation also donated 25 gently used computers to five Valley charities. Amanda Hope Rainbow

Budgets & Funding

2020 K-12 Bond Recap

By Tasha Anderson for AZBEX  While the final results have yet to be confirmed, bond issues from Arizona’s November 3rd elections appear to be a mix of approvals and rejections. In all, approximately $361.1M in bonds are

Uncategorized

COVID-19 News Round-up for November 10th

Budget, Policy & Stimulus News  Judge Orders PPP Loan Information Release  Late last week a U.S. District Judge James E. Boasberg ordered the Small Business Administration to release detailed information on Paycheck Protection Program and Economic Injury Disaster Program loans by November 19th.

People on the Move

Industry Professionals 11-10-20

Giving Back  1. The Sundt Foundation awarded grants to nine Southern Arizona nonprofits, totaling more than $25K, during its fourth quarter giving round. The Foundation awards grants each quarter to local charities that support disadvantaged children and families. Nonprofits

Commercial Real Estate

Commercial Real Estate Transactions 11-10-20

Sales Transactions  1. D.R. Horton Inc. paid $245.5M for 2,783 acres at the SEC of Elliot and Meridian roads, as the winning bidder in Wednesday’s Arizona State Land Department auction. D.R. Horton outbid Shea Homes and two partnerships named Stone Hill Land Partners LLC and Superstition Vista 2783 LLC.