Author: BEX Staff

The addition of an $80M-plus indoor football stadium to the planned new high school facility continues to draw commentary about the Tolleson Union High School District. Superintendent Jeremy Calles says the addition could be approved in two-to-three months. No other metro Phoenix school has an indoor stadium, and opponents say the plan could create expensive future maintenance costs. Calles estimates the entire cost for Tolleson High School #8, including the stadium, will be between $220M and $400M. Renderings for the facility are expected before the TUHSD Board’s next meeting on Nov. 18. Two of the three Board members who have…

By Roland Murphy for AZBEX It’s do-or-die time for Axon Enterprise’s ongoing fight to build an international headquarters campus in north Scottsdale. City Council met Monday night to consider whether to enter into a potential armistice agreement or to authorize filing claims in a lawsuit to stop the plan. A special session was announced late last week to consider a memorandum of understanding that would put an end to the conflict between Axon and the City. The meeting took place after this issue went to press. The agenda and the contents of the MOU have been available for several days,…

The City of Phoenix is planning to expand its apprenticeship program and make it permanent. In January 2024, the City partnered with local private businesses to create apprenticeship opportunities to expand the regional workforce. Taiwan Semiconductor Manufacturing Company was the first private partner, and multiple other businesses have since joined the program. The expansion comes as the second phase of the program recently wrapped up. The Phoenix Economic Development and the Arts Subcommittee approved a Memorandum of Understanding with the Maricopa Community Colleges and Northern Arizona University to provide educational opportunities for the programs. An additional MOU allows the Community…

By Arizona Office of Economic Opportunity The Office of Economic Opportunity is projecting Arizona employment to increase to 3,950,414 jobs in 2034 from 3,496,247 jobs in 2024. This represents growth of 454,167 jobs (1.2% annual change). By comparison, United States employment is projected to grow by 0.3% annually from 2024 to 2034. Over the previous ten years (2014 to 2024), Arizona employment increased by 761,556 jobs (2.5% annual change), to 3,496,247 jobs in 2024 from 2,734,691 jobs in 2014. United States employment grew 1.2% annually from 2014 to 2024. Supersector Employment Eleven Arizona supersectors are projected to gain jobs, with…

Giving Back 1. Brycon partnered with the local Veterans Administration office to donate monetary contributions and wish list items for the COACH program, which supports Arizona veterans with Alzheimer’s and dementia. Awards & Accolades 2. Phoenix Sky Harbor recently received the Level Three rating in the Airport Workforce Development Accreditation Program. Sky Harbor received the award at the Airports Council International – North America & Airports Council International World General Assembly, Conference and Exhibition. 3. PTK Magazine announced its list of Arizona Industrial Brokers to Know in 2026. The list consists of: Cooper Fratt – CBRE, Keri Scott – Colliers,…

Sales Transactions 1. The 194-unit Bella Grace Build-to-Rent community in Chandler recently sold for $69M. Golden Horizon Enterprises purchased the asset. Berkadia’s Mark Forrester, Ric Holway, Dan Cheyne and Andrew Curtis represented the seller, an affiliate of The Inland Real Estate Group of Companies, Inc. 2. A 312-unit multifamily community called Ventura Villas at 6200 S. Campbell Ave. in Tucson recently sold for $31.7M. RDM Tucson, LLC sold the multifamily complex to Pacific Transwest – Nevada, Inc. Northmarq’s Trevor Koskovich, Jesse Hudson, Ryan Boyle and Logan Baca represented the seller. 3. ATLAS Capital Partners sold a 60.5KSF industrial building at…

By Roland Murphy for AZBEX The BEX Healthcare Leading Market Series event is almost always the best attended of the year, and the capacity crowd this week at SkySong showed that trend is continuing. Sponsored by Kitchell Corporation, this year’s panel focused on the changes in development and facilities planning brought about by current market forces and regulatory evolutions, including this year’s Big Beautiful Bill and its impacts on healthcare reimbursements. The LMS panel consisted of: Peter Gray, Associate VP, HonorHealth; Aron Kirch, Regional Executive, Kitchell Corporation – Moderator; Russ Korcuska, Senior VP – Facilities & Supply Chain, Phoenix Children’s…

By BEX Staff for AZBEX A nine-hole golf course at the Westin Kierland Resort and Spa could be turned into a new luxury housing development under a plan submitted to the City of Phoenix. The Mesquite Golf Club is one of three nine-hole courses on the property. While leaving two of the three courses intact, owner Host Hotels & Resorts, Inc. wants to convert Mesquite’s roughly 72 acres into a mixed housing development of multifamily/condos and traditional single-family homes under a Planned Unit Development called Copper Residences. Along with the PUD rezoning, the owners are requesting a General Plan amendment…

By National Association of Home Builders The National Association of Home Builders’ continuing advocacy for a flexible, performance-based alternative to OSHA’s proposed rule on heat injury prevention in the workplace recently included participation in informal public hearings and the submission of formal comments. NAHB Safety, Health, and Labor Committee Chair Tim Williams provided public hearing testimony on June 18, urging OSHA to omit from any final rule the impracticable requirements the proposed rule would impose on residential construction employers. NAHB’s post-hearing comments, submitted on Oct. 30, addressed questions from OSHA arising from the hearing. The proposed rule, first published in…

By Roland Murphy for AZBEX Mortenson’s Q3 2025 Cost Index for Phoenix shows the metro has experienced a slight increase in construction costs but is holding steady in the face of market pressures. The report notes contractors are reporting consistent bidding activity, and owners are demonstrating the confidence to move previously delayed projects forward. Supply chains are stabilizing, and price volatility has relaxed across major trades. The overall environment is cautious but guardedly hopeful, the report says. Planning activity is up in the Commercial and Institutional sectors, and starts were up in September. Across the country, costs increased 1.16% over…