Author: BEX Staff

Giving Back 1. Three Salt River Project employees and one retiree have been named 2023 SRP Presidents’ Volunteer Spirit Award recipients for their exemplary dedication to helping people and nonprofit organizations through their volunteer efforts. SRP Meter Engineering employee Denisse Delos Santos won for her work with Asian Corporate & Entrepreneur Leaders. SRP Supplier Diversity Program Manager Erika Castro was given the Karl F. Abel Award for her work with Chandler Cultural Foundation/Chandler Center for the Arts. SRP Revenue Protection Specialist Nancy Brooks was honored for her work with Helping Hands for Homeless Hounds, and SRP retiree Kim Higgins won…

Sales Transactions 1. CRG announced the $82.6M sale of Building E at The Cubes at Glendale – a 570KSF industrial warehouse located along the 303 Corridor in Glendale – to Fundrise. Cushman & Wakefield’s Will Strong, Phil Haenel, Micki Strain, Kirk Kuller and Molly Hunt of the firm’s National Industrial Advisory Group – Mountain West team represented CRG. Additionally, C&W’s Equity, Debt & Structured Finance team of Rob Rubano, Brian Share, Max Schafer and Becca Tse represented Fundrise in the procurement of $58M in acquisition financing. 2. Cushman & Wakefield announced it has advised the $38.2M sale of a 249.9KSF…

By Roland Murphy for AZBEX  Developer Chicanos Por La Causa presented its plan for a 176-unit affordable housing apartment development to the Casa Grande City Council in an April 3 study session. According to the PowerPoint presentation accompanying the session, the plan arose from a Request for Information issued by Casa Grande in August 2019. CPLC submitted its response in March 2020, and the rezoning was approved in February 2022. The timeline lists agreement negotiations as “in process.” The first phase of CPLC’s plan covers a total of five parcels totaling slightly more than six acres: Parcel 1: 315 W.…

By City of Phoenix and BEX Staff for AZBEX The City of Phoenix has taken a significant stride in the investment of its west side community. In hopes of partnering with community members to revitalize the area, along with the redevelopment of Metro Center and nearby health care facilities, the City of Phoenix purchased the former Kmart building located at the NWC of I-17 and Northern Avenue. Plans are underway for renovations of the site to transform it into a much needed, state-of-the-art workforce training and education facility, appropriately named the Innovation 27 Workforce Training and Education Collaborative. The City,…

Residential Component Added to The Ranch Industrial Plan (Pic: P&D Residences at the Ranch 1,2; Credit: Humphreys & Partners Architects, LP) IF YOU ONLY USE ONE IMAGE, PLEASE USE ITEM 2 By Roland Murphy for AZBEX After encountering stiff neighborhood opposition to its planned industrial development The Ranch near Power and Elliot roads in Gilbert, developer IndiCap has pivoted and submitted a minor General Plan amendment and rezoning request to add residential components to the site. The modification area is in the northwest portion of the 302-acre site. In a submission from IndiCap and partner Colmena Group that went before…

By Roland Murphy for AZBEX The Casa Grande Planning and Zoning Commission will hear two new proposed master plans this week. One proposal features multifamily, commercial and industrial, while the second will add commercial, single- and multi-family residential. Casa Blanca South of Cottonwood Lane and west of I-10, Industrial Capital Ventures is requesting a rezoning from Urban Ranch to Planned Area Development for 273.28 acres. The proposal carries with it a minor General Plan amendment for 120.9 acres from Commerce & Business to Community Corridor. If approved, the developer plans to build light industrial, commercial and both medium- and high-density…

Last month, the Mesa Design Review Board examined the plans and landscape design for Sonoran Gateway Exchange, a 36-acre planned light industrial development at the NEC of Germann and Sossaman roads. Plans call for two buildings, one at 49.5KSF and a second at 57.2KSF. The cross-dock facility will have truck doors on the north and south sides of both buildings, along with outdoor storage and truck parking around the buildings’ perimeters. Both buildings will have 8KSF of office space. Building 1 will feature 100 cross-dock doors/truck bays, while the larger Building 2 will have 120. The project owner is RLIF…

By Roland Murphy for AZBEX (BEXclusive) The Call for Entries for the 16th Annual Canstruction Phoenix Metro has been issued. The annual design-build competition benefitting St. Mary’s Food Bank will once again be held at Arrowhead Towne Center in Glendale. Teams will showcase their talent by designing and building structures made entirely from canned foods in a 10’x10’x10’ space in one of the mall’s three courts. This year’s theme is “A Holiday for Any Season!” Important dates to remember include: PreCanstruction May 4th Canstruction 101 Presentation (Optional) May 5th Entry and $250 fee due May 8th Team Packets Sent Out …

By Arizona Department of Transportation The Arizona Department of Transportation and partner agencies will hold a free event from 7 a.m. to noon Wednesday, May 3, at Mesa Convention Center (Building C) to help small businesses and those owned by individuals from socially and economically disadvantaged groups compete for transportation contracts that receive federal funding. Offered through ADOT’s Disadvantaged Business Enterprise program, the DBE and Small Business Transportation EXPO helps attendees learn about project opportunities, visit exhibit booths and network with industry professionals and business owners. Participants will also hear from transportation leaders, including ADOT Director Jennifer Toth. Partner agencies…

Groundbreakings 1. The Tohono O’Odham Nation kicked off construction this week on its new $450M, 200KSF+ Desert Diamond Casino near Northern Parkway and the Loop 303 freeway. The new facility is the fifth Desert Diamond operation in the state. The first phase will feature the gambling, entertainment and dining components, while a second phase could include a hotel, convention space, and additional retail and dining. No Phase II information is available yet.  2. The Arizona Department of Transportation began major work this week on a $171M project to rebuild and widen I-10 from Ruthrauff to Ina roads in the Tucson…