Author: BEX Staff

Transportation and logistics firm DSV Sea and Air Inc. has proposed a 30KSF corporate office and 1.7MSF warehouse building near Ellsworth and Pecos roads in Mesa. The 87-acre project will serve as the Denmark-based company’s regional headquarters. The project application has been submitted to Mesa’s Planning and Zoning and Design Review boards. The project narrative says the location was selected because of its proximity to SkyBridge Arizona and Phoenix-Mesa Gateway Airport. The company currently operates an air charter hub and leases a hangar at PMGA. It also expects to benefit from the potential developments arising from Union Pacific’s planned Pecos…

Gilbert’s 700-acre Cooley Station area may soon see a new 376-unit multifamily, 40KSF commercial mixed-use under requests considered this week by the Gilbert Planning Commission. Applicant K&I Homes LLC has proposed the seven-building Verity at Cooley Station mixed-use project for approximately 12 acres on two vacant parcels near Somerton Blvd. and Recker Road. The apartments would range from 700SF to 1.5KSF with planned amenities to include a pool, barbeque areas, spa and lounging spaces. The commercial element plans to feature 24KSF of co-working space with offices, meeting areas and a gym, 10KSF for outdoor amenities and 6KSF as flexible office…

The Bullhead City Planning and Zoning Commission has recommended approval for a zoning change requested by the Bullhead City School District to create a District Employee Neighborhood with up to 30 Build-to-Rent units on five acres. The DEN development on Calle De Mercado off Silver Creek Road would allow the development of a workforce affordable housing community for Bullhead City teachers, staff and district administrators. Rents for a three-bedroom, 1,100SF home in the development would be targeted in the $750-$800 range. The site is currently zoned single-family residential with a density requirement of 35KSF/unit. The requested zoning change would lower…

By Roland Murphy for AZBEX – BEXclusive Metro Phoenix remains at the forefront of trends in the multifamily/apartment market, according to a news report from RealPage. The metro Phoenix market is second in the country in terms of apartment absorption with 6,635 units absorbed in the first half of 2023. Houston led with 6,877. Phoenix was also at the forefront for decreasing asking rents, dropping 4.7% year-over- year. Boise had the sharpest decline at 6.2%, following a rapid spike during the pandemic. RealPage reports national demand at 83,449 in Q2, a five-quarter high. More than 75% of new demand remains…

Banner Health is requesting a rezoning for the site of its 48-acre planned north Scottsdale medical campus at 18400 N. Hayden Road. Banner’s $400M plan includes an acute care hospital, cancer center and medical office building. To that end, the healthcare provider is requesting a zoning change from Planned Community Development to Special Campus District. Company representatives said they are in the process of purchasing the site and that the facility will create approximately 2,500 jobs when it opens in 2026. Scottsdale officials say no hearing dates have been set for the rezoning request. (Source) 

A plan for a boutique hotel on Whiskey Row that faced significant opposition last year has been redesigned and resubmitted to the Prescott Preservation Commission for consideration. Owner/developer Jim Griset chose not to proceed to a vote last March with his plan for the Prescott Plaza Hotel in the face of opposition from the community and members of the Commission. The original proposal called for a six-story, 66-foot-tall building. More than 200 people attended a Commission meeting to express their concerns, some of which were echoed by members. Complaints at the time included a lack of adherence to preservation guidelines;…

The City of Phoenix plans to issue a Request for Proposals in the fall to create a mixed-income housing development on 3.2 City-owned acres near Central and Columbus Avenues. The plan is part of the City’s goal to create or preserve 50,000 housing units by 2030. The site is one of approximately 20 City-owned parcels that have been identified as suitable for affordable housing. The site is located near light rail, and Phoenix housing officials have spent months collecting feedback from residents as to what they want to see on the site. Residents responded that they would like to see…

Groundbreakings 1. Google announced this week it has started construction on Phase I of its Mesa Data Center. Phase I consists of 288.5KSF in the Elliot Technology Corridor. At full build-out, Google’s investment will total approximately 966KSF and $1B.  2. Crews will begin work installing pipe on the first two miles of Mesa’s Central Mesa Reuse Water Line on July 24. Work is expected to continue into February.   3. Work to install flood control measures in Yuma’s Smucker Park and an adjacent property began earlier this month. The one-year project will install new storm drainage and sanitary sewage, among other…

Phoenix City Council has approved a $10.5M plan to extend 43rd Avenue from Dove Valley Road to Carefree Highway, partially in support of the $40B Taiwan Semiconductor Manufacturing Company development in north Phoenix. A statement from the Phoenix Street Transportation Department said: “The City of Phoenix will be the lead for construction of the 43rd Avenue extension, to ensure that it is built to city requirements. There is no timetable yet for when the design or construction would begin, as the eventual alinement will be driven by future development needs in that area.” TSMC, meanwhile, is importing temporary workers to…

A three-mile section of Coolidge Avenue will receive improvements after securing $5M in state money to partially fund the project. Coolidge Avenue from Christensen Road to Clemans Road will be widened by four feet, including replacing the asphalt and putting guardrails in place at culvert crossings. The City of Coolidge requested $5.3M for the expected $8.7M project and received $5M. The remaining project costs will be the City’s responsibility. Mayor Jon Thompson explained in a February letter to Rep. David Cook, R-Globe, the project had been reviewed by the Sun Corridor Planning Organization’s Technical Advisory Committee and approved by the…