Month: July 2021

By Tasha Anderson for AZBEX  More luxury residential units are being planned for the Kierland area in Phoenix.  Developer, Mill Creek Residential, is looking to build Modera Kierland, a seven-story luxury multifamily and retail development located at …

By Anchor Health Properties   In collaboration with Intuitive Health and HonorHealth, Anchor Health Properties has recently commenced a local, long-term development and expansion initiative.   Through the addition of strategically located facilities in and around Phoenix, Anchor, Intuitive, and HonorHealth are focused on improving …

By Kidder Mathews and AZBEX Staff  The Phoenix Industrial market continued to set records in the Second Quarter, with the Kidder Mathews Phoenix Industrial CRE Market Update reporting record highs in net absorption, rental rates and construction activity, and record …

By Kidder Mathews and AZBEX Staff  Kidder Mathews, in its recent Phoenix Office CRE Market Update for Q2 2021, reported the Phoenix office market continues to see record office sublease availability.  Rental rates also reached a record high …

Awards & Accolades  1. DWL Architects + Planners, Inc. (DWL) received the AIA Twenty-Five Year Award for the Burton Barr Central Library designed in collaboration with William Bruder Architects. Opened in 1994, the 280KSF five-story building is partially situated over a major interstate highway tunnel …

By Tasha Anderson for AZBEX  Scottsdale-based developer, The Wolff Company, is proposing to build a high quality, garden-style multifamily community at the NWC of 34th Way and Bell Road in Phoenix.  The approximately 12.78-acre site, which is …

A $200M plan to fund water project in regions lacking proper supplies appears likely to pass the Arizona Legislature.  The funding is intended to aid water supply and conservation projects and help meet long-term water needs.   Proposed as …

Every state and the District of Columbia saw increases in their real gross domestic product in Q1 2021 versus Q4 2020. Data from the U.S. Bureau of Economic Analysis, shows a range of 10.9 in Nevada to 2.9 percent for DC.  Nationwide GDP growth …

By Associated Builders and Contractors  National nonresidential construction spending declined 0.7 percent in May, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5B for the month.  Spending …

Awards & Accolades  1. Grange Park, the central amenity at the heart of Harvest Queen Creek, was honored with an Award of Merit for Best Community Amenity at the PCBC 2021 Gold Nugget Awards. Developed by TerraWest Communities in partnership with Brookfield …