Year: 2021

Groundbreakings 1. PVB Fabrications, Inc. (PVB) broke ground last week to prepare for its headquarters expansion at 11871 N. Breakers…

By Tasha Anderson for AZBEX  The General Services Administration (GSA) recently issued two Sources Sought notices for the San Luis I Land Port of Entry…

Budget, Policy & Stimulus News Who’s First in Line for New PPP Loans? No launch date has been set by…

The recently released “Fourth Quarter 2020 North America Quarterly Construction Cost Report” from Rider Levett Bucknall showed increases in 11 of the…

By Associated Builders and Contractors  The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis…

Giving Back  1. Each year, the WTS Metropolitan Phoenix Chapter offers seven scholarships to assist qualified candidates aspiring to transportation careers. The scholarships…

Sales Transactions  1. TruAmerica Multifamily acquired Pointe at South Mountain Apartments, a 38-building, 364-unit multifamily complex at 8809 S. Pointe Parkway, Phoenix, for $80M,…

By Rebekah Morris for AZBEX  Next week the BEX research team will present detailed market analytics at the fourth annual Construction Forecast Event. The topic will be…

Economic News Landlords Have Options with Non-paying Tenants Multifamily landlords with non- or slow-paying tenants are exploring their options in the…

By Tasha Anderson for AZBEX  A new commercial/light industrial development is being planned for the NWC of Dysart Road and…