Articles by Monica Tapia

By Roland Murphy for AZBEX Developer ZOM Living has submitted a proposal to the City of Scottsdale to develop a vacant “vastly underutilized” nearly 3.74-acre site north of Camelback and Scottsdale roads into a luxury …

By Vermaland Vermaland is developing Verma Vistas III, an 1100-acre master planned community in Tonopah. Properties of this size are very difficult to come by, so this makes the parcel the largest piece of privately …

Public meetings to discuss planned housing projects are usually dominated by those opposed to the proposals. Known as Not In My Back Yard, or NIMBY, they are a common feature for meetings everywhere, including Flagstaff. …

Last month, the Biden Administration announced new regulations aimed at protecting workers from heat-related illnesses. The Occupational Safety and Health Administration will launch a process to create rules for a workplace heat standard. OSHA will …

Groundbreakings 1. Gila River Hotels & Casinos officially announced its newest project, Santan Mountain, at a groundbreaking ceremony this week on Gila River Indian Community land south of Chandler. When completed, the 160-acre, $150M project …

By Roland Murphy for AZBEX Since BEX Companies/AZBEX/DATABEX is a small company that covers every commercial development in the state with a valuation of more than $5M, it stands to reason we are a pretty …

Tempe City Council is scheduled to vote on November 9th on an agreement with the Los Angeles Angels that will allow the planned $50.9M renovation plan for Tempe Diablo Stadium to move forward. Built in …

The Mesa Planning and Zoning Board has voted to recommend site plan review approval for 3.0 at Eastmark, a proposed 208-unit apartment development on nine acres at the NEC of Ray Road and Bradley Drive. …

Underfunding of up to $250M has left 10 major road projects in Tucson under threat of not being completed, according to media reports. Pima County voters approved a sales tax for a Regional Transportation Authority …

U.S. Forest Service officials still plan to re-divide Phase 2 on the Four Forests Restoration Initiative contracts for northern Arizona into smaller, more easily managed pieces. The Service canceled the contract approximately a month ago. …

Awards & Accolades 1. Fulton Homes has been awarded the 2021 WaterSense Partner of the Year, making this their third EPA award of 2021. This is the second time they have been a triple crown winner. …

Sales Transactions 1. EJM Development Co. recently sold 11 industrial sites in Greater Phoenix to Starwood Capital Group for $407M. The 11 properties were part of a 14-property total sale. The Maricopa County properties were …

By Integrity Capital LLC Integrity Capital LLC announced it obtained a $8.7M for Arizona Self Storage to build a new self-storage facility in Peoria. The 84-month construction loan will be used to build a 67KSF …

By Roland Murphy for AZBEX After extensive discussion and community outreach, a multifamily tower in a major north Phoenix intersection has earned its first recommendation for approval. Developer The Hampton Group has proposed a 14-story, …

The City of Chandler is considering $30M in new infrastructure investment to support Intel Corp’s Semiconductor Fab Expansion. Intel’s expansion is currently underway and planned to complete in 2024. It has an estimated total price …

Flagstaff is wrapping up the $7.4M Beulah/University roadway project design phase. The project will add a quarter mile of new roadway, as well as a roundabout for Beulah Avenue/University Drive and a pedestrian crossing running …

Even as one solar project in Coolidge earned a recommendation for site plan approval from the Planning and Zoning Commission, another has been withdrawn due to public opposition. Orsted Energy won approval for its Eleven …

Arizona is one of the largest recipients of parks-related project funding under the Great American Outdoors Act for 2020 and 2021. Projects in the state received $110M in 2020 and $159M this year. GAOA monies …

By Associated Builders and Contractors Associated Builders and Contractors reports its Construction Backlog Indicator fell to 7.6 months in September, according to an ABC member survey conducted September 20th-October 4th. The reading is down 0.1 …

The Home Builders Association of Central Arizona reports 22,535 homebuilding permits were issued between the start of the year and August. There were 17,759 permits in the same period of 2020. Permits this year fell …

Awards & Accolades 1. The Arizona Public Works Association handed out its Project of the Year Awards at its 2021 Conference. The full list follows below. Congratulations to all the winners and thank you for …

By Roland Murphy for AZBEX Phoenix Sky Harbor International Airport’s General Aviation Hangar and Office area is targeted for redevelopment under a recently issued Request for Information. The RFI is looking for companies and ideas …

Northern Arizona Healthcare has spent the last moth collecting community input and resubmitting its application for its plan to relocate the Flagstaff Medical Center. Officials say the project timeline is unaffected. NAH began exploring plans …