Author: BEX Staff

By Roland Murphy for AZBEX The Public Works event in the BEX Leading Market Series is consistently one of the best attended every year, and 2026 proved to be no exception. Nearly 150 people signed up to come to SkySong on April 14 and hear the latest project news and updates from two of the Valley’s most dynamic public bodies. Following brief introductory remarks from BEX General Manager Bobby Raether, Grant Larson, Project Director at event sponsor Sundt Construction, introduced the day’s panelists: Goodyear City Engineer and Director of Engineering Steve Scinto and Maricopa Association of Governments Transportation Policy &…

By BEX Staff for AZBEX A long-planned but highly controversial municipal parking garage planned at 1st Street and Brown Avenue in Old Town Scottsdale continues to move forward, despite some vocal opposition. Scottsdale City Council approved a $3.8M contract to allow Chasse Building Team to begin demolition on the site and to purchase supplies and materials to start construction in its April 14 meeting. Plans call for a parking structure with one subterranean level, which is already in place, and three levels above ground. When completed, the project will provide 186 new parking spaces for a total of 412. Work…

By Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator rose to 8.6 months in March, according to an ABC member survey conducted March 23 to April 6. The reading is up 0.5 months from February and up 0.1 months from March 2025. The 15% of ABC member contractor respondents under contract to perform work on data centers had significantly longer backlog (10.6 months) than the 85% of contractors who are not (8.3 months). ABC’s Construction Confidence Index readings for profit margins and staffing levels increased in March, while the reading for sales fell. The readings…

Awards & Accolades 1. Lincoln Property Company’s Luke Field, a 2.4MSF industrial development at 13803 W. Northern Ave. in Glendale, has earned a Project Excellence award from the U.S. Green Building Council. USGBC said the LEED Gold-certified development earned the distinction because it represents a significant advancement in green innovation and sustainability outcomes in its market. Groundbreakings 2. Arizona State University has broken ground on the ASU Health headquarters, a five-story, 175KSF facility at 620 N. Fifth St. in downtown Phoenix. The $200M project will house the John Shufeldt School of Medicine and Medical Engineering, along with additional health-focused programs.…

By Roland Murphy for AZBEX With the Buckeye City Council having approved an 85-acre annexation in its April 7 meeting for ViaWest Group’s planned Buckeye 83 industrial development, the Planning and Zoning Commission will now take up the rezoning request needed to move the project forward. AZBEX reported on the annexation request last month. (AZBEX; March 6) The developer wants to rezone the 83.3-acre site at the SEC of State Route 85 and Interstate 10 to Business Park District. The undeveloped site, which was unincorporated Maricopa County land, carried Rural-43 zoning prior to the annexation, which allows for one dwelling…

U.S. Customs and Border Protection plans to install secondary border wall components parallel to the existing structure along the border with Mexico. The agency’s interactive map shows seven projects planned for Border Wall 2 construction. The components are in various stages of execution, with some already under construction. The first project, referred to as Yuma 2, is under construction and has more than a dozen separate segments covering nearly 52 miles of territory from San Luis to the Cabeza Prieta National Wildlife Refuge. A contract has been awarded for the 22.5-mile Tucson 1 component stretching from eastern Yuma County to…

By Roland Murphy for AZBEX CBRE has released its Phoenix Q1 2026 Industrial Figures report. According to the company’s data, net absorption increased 200% year-over-year and nearly 41% quarter-over-quarter, ending at 4.9MSF. CBRE notes this was one of the strongest quarters in the last three years. Deliveries fell to their lowest point since Q1 2019, ending the quarter at only 1.4MSF. Vacancy, however, only fell 80 basis points QoQ, marking a notable reversal to the supply spike of 2025. Asking rents were generally stable, rising to $1.06 NNN, a YoY increase of 6.0%. Of particular note in the report, CBRE…

Giving Back 1. The Arizona Builders Alliance hosted a career fair at its SkySong office, connecting West-MEC electrical program graduates with seven construction companies: Rosendin, TDIndustries, Kearney Electric, Quantum Industrial, Rural Electric, Wilson Electrical and Berg Electric. The event featured speed interviews and resulted in immediate job offers. 2. Lōkahi Traffic Engineering and Lōkahi Teams have named the 2026 winners of their scholarship programs, recognizing Arizona high school students for leadership, service and community involvement. The initiative highlights students who demonstrate a commitment to collaboration, mentorship and supporting their local communities. Awards & Accolades 3. AZ Big Media announced its…

Lease Transactions 1. CapRock Partners secured a 597.4KSF lease for Buildings F and G at CapRock West 202 Logistics – Phase 2, a Class A industrial campus in Phoenix. The tenant, LG Energy Solution, will occupy the two freestanding warehouse buildings totaling 301.8KSF and 295.6KSF, respectively. The industrial campus is approximately 82% leased. Payson MacWilliam, Don MacWilliam and Casey Koziol of Colliers represented CapRock Partners in the transaction.

By Roland Murphy for AZBEX The Payson Planning and Zoning Commission has recommended approval of a pair of requests that will enable development of a nearly 84-acre master planned development at the NWC of Longhorn Road and Green Valley Parkway. Developer Capital Investments, LLC has requested a minor General Plan amendment for a 16.25-acre parcel on the site. The overall Longhorn Ranch master plan is made up of four parcels, with sizes and planned uses broken out as: Parcel 1: 21.49 gross acres, Single Family Attached, Parcel 2: 31.40 gross acres, Single Family Detached, Parcel 3: 15.14 gross acres, Single…