Author: BEX Staff

By BEX Staff for AZBEX A roughly 70-acre, three-project master plan development has received a recommendation for rezoning approval by the Coolidge Planning and Zoning Commission. BSD Coolidge 26, LLC (Edgewood Development) wants to build a mix of commercial space, condominiums and rental units on three parcels at the SEC of Coolidge Avenue and Ninth Street. The parcels are currently zoned Agricultural. The northernmost parcel (7.41 acres) would feature commercial services including retail and small business/commercial office space. The rezoning request is from Agricultural to General Business. The middle parcel (20.38 acres) would be comprised of 221 multifamily units disbursed…

The Guadalupe Town Council voted last month to enter into negotiations with a developer to build affordable housing, retail, a community center and open space on four town-owned properties near Calle Guadalupe and Avenida del Yaqui. The Town selected a proposal from developer Richman Group in response to a request it issued seeking to create more affordable housing. Richman’s response was one of three considered. The developer’s proposal will build 230 affordable apartment units targeted toward families and seniors, 3KSF of retail space and 5KSF of community space. According to information provided by the Guadalupe Community Development Corporation, there are…

By Roland Murphy for AZBEX A pair of planned multifamily developments will, if built, deliver another 508 apartments in Phoenix. A Planned Unit Development has been submitted for the 300-unit Thomas + 34th Street community at the SEC of 34th Street and Thomas Road, and the Phoenix Planning Commission will hear plans for the 208-unit Camelback Apartments near the SWC of Camelback Road and 39th Avenue on April 13. 34th Street + Thomas Aspirant Development (The Empire Group) submitted its PUD narrative for a project with 300 apartments and 6KSF of restaurant/retail uses to the Phoenix Planning and Development Department…

By Roland Murphy for AZBEX Martens Development Company plans to build an eight-building, 909.6KSF industrial park on 63.18 acres at Ellsworth and Willis roads in Mesa. The Mesa Design Review Board discussed the building elevations and landscape design at its March 14 meeting. According to the submitted project narrative, The Brickyards on Ellsworth “is a master planned business park with employment, manufacturing and technology uses as the primary uses, and other employment uses as secondary uses. The mix of building options, and build-to-suit configurations are designed to make this site fit for the variety of employment uses that Mesa desires…

The Greater Yuma Economic Development Corp. recently presented information on why the City of Yuma and Yuma County continue to see strong economic development and business location and expansion. Key factors include a young, skilled labor force, a low rate of unionization and a location that puts the area within a one-day drive of 52 million consumers. The personnel at Yuma Proving Ground and the Marine Corps Air Station bring their qualifications with them when they leave military service, and the Wellton campus of Arizona Western College has a strong manufacturing program. The labor pool within 75 miles of Yuma…

Giving Back 1. Rosendin has announced its newest project built just for kids. Rosendin’s Tempe team redesigned its booth at Junior Achievement of Arizona into an interactive storefront demonstrating how an electrical company conducts business within the community. JA BizTown® is a hands-on program for 4th, 5th and 6th graders in Arizona that teaches students how to manage finances, run a business, and explore career paths, all while stimulating the economy. The program assigns each student a role that takes them on a personalized path to learn about owning a business. Company News 2. Land use and real estate law…

Sales Transactions 1. RecNation LLC has paid $6.3M for the 11-acre, 303-space RecNation RV and Boat Storage at 6455 S. Wilmot Road in Tucson. The seller was original developer SimonCRE. Both parties self-represented. 2. Olive Tree Apts LLC purchased Olive Tree Apartments, 16KSF investment property at 1841 S. Irving Ave. in Tucson. The 20-unit apartment was purchased from 1841 S Irving LLC for $2M. Allan Mendelsberg and Joey Martinez with Cushman & Wakefield | PICOR represented both parties. Lease Transactions 3. Equality Health has committed to a 10-year lease for approximately 150KSF at the Riverwalk in Scottsdale on the Salt…

By BEX Staff for AZBEX At a groundbreaking ceremony earlier this week, Arizona State University leaders and other area officials kicked off an $87.5M construction investment intended to add two buildings and three new schools to the ASU West Campus and spur a 10,000-student increase in enrollment. The Arizona Republic reported the two buildings consist of a three-story 55KSF academic building and a 134.6KSF, 500-bed residence hall. Project documents show the academic building, which will front Verde Mall, will include space for several new academic programs and will include a drawing studio, a gallery, active learning classrooms, computer labs and…

By Roland Murphy for AZBEX After receiving aesthetic review approvals from the Yuma Design and Historic Review Commission on March 22, two new projects can move ahead with their construction plans. Extended Stay America Hotel In the first, civil engineering and site design firm Dahl, Robins & Associates had requested the review on behalf of owner Yuma Land Company LLC for an Extended Stay America Hotel planned for 550 S. Rio Vista Drive. The planned four-story, 124-room hotel would be situated on 2.9 acres of currently vacant, undeveloped land and would have a gross floor area of 53.9KSF, according to…

By Roland Murphy for AZBEX A 1MSF-plus non-residential mixed-use proposal that had sat dormant for more than a year has come back to life and resumed the entitlement process in Avondale. Ashley Furniture HomeStore had filed a minor General Plan amendment and rezoning request for a 70.08-acre site at the NWC of 107th Avenue and Roosevelt Street in March 2021. Following a series of reviews and responses, progress stopped on the plan until late last year, when a revised set of requests was submitted. Under the updated proposal, project owner Ashley Furniture HomeStore and developer Hodgdon Group Reality have planned…