Ariz. Maintaining Healthy $1B+ Project Count
By Rebekah Morris for AZBEX Arizona is the location of many planned mega projects, each valued at $1B+ total construction cost. Perusing DATABEX for a current list BEX
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Articles by Monica Tapia
COVID-19 News Round-up for August 11
Budget, Policy & Stimulus News Phoenix Has $9M+ Left for Business Grants With more than $9M still left sitting idle in a Phoenix grant program set up to help small BEX
ADOT Wants to Move on Broadband Initiative
By Shaq Davis for Arizona Daily Star The Arizona Department of Transportation is in the early process of exploring partnerships that would lead to broadband conduit being BEX
40th Street Quik Trip Plan Nears Approval
By Paul Maryniak for Ahwatukee Foothills News More than 18 months after homeowners in the 185-home Foothills Paseo II subdivision launched an effort to derail a plan for Quik BEX
NAIOP Survey Finds CRE Deals Increasing
Source: AZ Big Media In the fourth monthly NAIOP survey measuring the impact of the COVID-19 crisis on the commercial real estate industry, respondents say that deal BEX
CapRock Has Major Phoenix Plans
By Kelsi Maree Borland for GlobeSt.com The pandemic isn’t deterring investment in Phoenix, at least not for CapRock Partners. CapRock has pinpointed Phoenix as a BEX
Industry Professionals 08-11-20
Awards & Accolades 1. Mark Taylor, Senior Vice President of WestLand Resources, Inc., received AZ Water’s Engineer of the Year. The award BEX
Commercial Real Estate Transactions 08-11-20
Sales Transactions 1. MHP #1, LLC purchased Desert Pueblo Mobile Home Community, 55+ community with 418 spaces at 1302 W. Ajo Way, Tucson, for $30M. Derek Harris BEX
New Hybrid Medical Center Proposed for Phoenix
By Tasha Anderson for AZBEX Conceptual plans for a new 24-hour outpatient medical center to be located just west of the NWC of 54th Street and Shea Boulevard have recently BEX
COVID-19 News Round-up for August 7
Budget, Policy & Stimulus News $100M PPP Payments to Charter Schools Investigated State Schools Superintendent Kathy Hoffman and Arizona Deputy Auditor General BEX
Kindred and Dignity Announce 40-bed Gilbert Facility
Source: Businesswire Kindred Healthcare, LLC and Dignity Health announced a joint venture to build and operate their second inpatient rehabilitation hospital in the BEX
Medical Office Market in PHX Thrives
Source: Colliers International As cases of coronavirus and hospitalizations rose in Greater Phoenix following Memorial Day weekend, the area’s second quarter of real BEX
Arizona Projects 08-07-20
Groundbreakings 1. Construction is underway on the three-story Chandler Medical Plaza office building at 1125 S. Alma School Road in Chandler. The 65KSF medical office BEX
More Multifamily Planned for Eastmark
By Tasha Anderson for AZBEX A new Class A, luxury multifamily development is being proposed within the Eastmark Planned Community District in Mesa. The +/- 14.02-acre BEX
COVID-19 News Round-up for August 4
Resources Maricopa County Small Business Grant Opportunities A number of Small Business Grant Opportunities remain available for businesses in Phoenix, Mesa and the BEX
San Luis Affordable Apartments Offering Tax Credits
By Cesar Neyoy for Yuma Sun The Comite de Bien Estar will be able to offer $2M in federal tax credits as incentives to attract investors in a planned apartment BEX
Construction Output Drops Significantly
Source: Associated Builders and Contractors The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to BEX
Industry Professionals 08-04-20
Awards & Accolades 1. Heather Honsberger, Area Business Development Leader for HDR, Inc., received the 2020 WTS Metropolitan Phoenix Member of the Year award. 2. BEX
Commercial Real Estate Transactions 08-04-20
Sales Transactions 1. Knightvest Capital purchased Signature Place, a 300-unit multifamily community at 600 W. Grove Parkwayin south Tempe for $62.5M. CBRE’s Tyler BEX
DB Firm Wanted for Tucson Readiness Center
By Tasha Anderson for AZBEX The Arizona Department of Emergency and Military Affairs is looking for a firm to provide design-build services for the 70KSF Rita Road BEX
COVID-19 News Round-up for July 31
Budget, Policy & Stimulus News Republicans Unveil New $1T Relief Package Republicans in the U.S. Senate unveiled a roughly $1T stimulus package, titled the HEALS BEX
P&Z OKs Plan, Wants Better Traffic Analyses
By Raquel Hendrickson for inMaricopa One planned project brought out frustrations entailed in the City of Maricopa’s General Plan and how traffic flow is designed. BEX
Arizona Projects 07-31-20
Groundbreakings 1. Bearizona broke ground on an all-new 40KSF habitat called The Grizzly Encounter. The nearly $1M addition will offer a top-of-the-line grizzly bear BEX
Affordable Housing Proposed for Prescott Valley
By Tasha Anderson for AZBEX A new 144-unit affordable multifamily development is being proposed for the Town of Prescott Valley. Owner, Matthew Hepperle is requesting BEX
COVID-19 News Round-up for July 28
Economic News Who Foots the Bill for COVID Building Changes Incremental operating costs for office buildings could increase by at least $19.40/SF or 5.8 percent of BEX
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