Author: BEX Staff

Groundbreakings 1. Wespac Construction has broken ground on the new Sprouts Farmers Market Headquarters, a mixed-use campus in north Phoenix. The campus, located near 56th Street and Loop 101, will span more than 180KSF on seven acres. The development includes a four-story, 144.5KSF Class A office building, a 25KSF flagship Sprouts grocery store, 11KSF of retail and restaurant space, and a three-story parking garage. The project team includes Trammell Crow Company as the developer, RSP Architects as the design firm, and Keyser and JLL as brokers. Sprouts will transition from its current 96KSF headquarters to the new campus by August…

By Roland Murphy for AZBEX Diversified Partners announced its new 14-acre commercial development at the NEC of Loop 202 and Dobbins Road in Phoenix will be anchored by The Rush Funplex, a 75KSF indoor family entertainment center. The design firm is RKAA Architects. A general contractor has not been selected. Construction is expected to start later this year or early next, with a grand opening expected for December 2026. According to the announcement, this will be the second Arizona location for The Rush Funplex. The other is in Goodyear at the NEC of Yuma Road and Estrella Parkway in another…

Arizona Land Consulting and a group of investment partners have paid $51M for 2,000 acres of unincorporated land in Maricopa County west of the White Tank Mountains that is expected to serve as the location for a 1 gigawatt, $25B data center development. In a post on X, investor Chamath Palihapitiya, CEO of Social Capital, said the data center focuses on serving the artificial intelligence industry’s capacity needs. Palihapitiya was connected with ALC’s Consulting CEO Anita Verma-Lallian through another investor—Ethan Agarwal of DYA Capital. The Hassayampa Ranch Data Center site will require a rezoning approval from the Maricopa County Board…

By OrthoArizona Private orthopedic practice OrthoArizona announced a significant expansion initiative that will bring its care to more communities throughout the Phoenix metropolitan area. By 2027, OrthoArizona plans to open five new facilities and expand four existing locations, reinforcing its mission to deliver high-quality, patient-centered care close to home. Already operating across 36 sites, OrthoArizona’s expansion includes the addition of surgical centers, comprehensive clinics, advanced imaging services, and physical therapy locations—ensuring a fully integrated continuum of care from diagnosis to recovery. New Facility Openings: Scottsdale – Opening June 2025: A new MRI center will open at 9237 E Via De…

By Roland Murphy for AZBEX The Gilbert Planning Commission will hold a study session this week to discuss Lennar’s plans for Harvest Grove, a master-planned community at the SEC of Val Vista Drive and Germann Road that will include single-family, multifamily and commercial uses. If Lennar is to develop the community on the proposed 311.84-acre site, the Town of Gilbert will have to approve a minor General Plan amendment and replace the current mix of zoning categories with a planned area development overlay zoning district. The PAD uses will include both attached and detached single-family, varying densities of multifamily and…

By Roland Murphy for AZBEX New details and speculation have emerged on plans in Pima County for the Southeast Employment & Logistics Center Specific Plan, a 290-acre parcel at the NWC of Houghton & Brekke roads in Tucson. AZBEX was the first outlet to report on the plan, which includes data center, biomedical R&D, manufacturing and logistics, and warehouse and office uses. (AZBEX, April 29) The Pima County Planning and Zoning Commission has recommended approval for the proposed land uses, and the Board of Supervisors will meet either this month or next to review a purchase agreement for the land,…

Trying to make sure “growth pays for growth,” the Gilbert Town Council has unanimously approved an update to its development services fees. The changes are the first major alteration to the Town’s fee structure in more than 20 years and will go into effect July 1. Because of the long period since the last revisions, Town officials noticed a widening gap between Gilbert’s costs for development services and the revenues generated from fees. The Town partnered with an outside consultant to review the time and resources needed in each portion of the development review process and assigned personnel costs to…

Giving Back 1. The Salt River Project and Fiesta Sports Foundation partnered to develop a new sport court and playground at Family Promise’s Legacy Village housing development in Glendale. The playground and sport court total 1.7KSF and feature an adjustable basketball hoop. 2. On Friday, May 2, Lōkahi Traffic Engineering and Lōkahi Teams held a Hawaiian-themed dinner celebration to award the 10 recipients of its annual scholarship. The Lōkahi Traffic Engineering Scholarship recipients were: Aleana Sanchez, Arizona State University; Alexis Grondin, University of Miami; Delaney Duffalo, University of Missouri; Noah Brown, Arizona State University; Olivia Rubin, Arizona State University, and…

Sales Transactions 1. Crane Capital acquired The Retro on 32nd Street, a 64-unit multifamily property in Phoenix, for $8.3M from Bellbrook 32 LLC. Northmarq represented the seller. The property is at 3025 N. 32nd St. 2. A Tucson McDonald’s at 6105 E. Broadway Blvd. was sold in a triple net lease with McDonald’s for $3.7M. The property, located at the corner of Broadway Blvd. and Wilmot Road, was bought and sold by undisclosed parties located in California. Renovations are currently underway and are expected to finish by the end of the year. 3. The Oracle Gateway office building at 3870…

By Roland Murphy for AZBEX The City of Phoenix wants to transform the 19th Avenue and Dunlap Avenue light rail park & ride and associated City-owned properties into a walkable urban mixed-use development focused on multifamily residential. As a first step, the City is planning a rezoning and General Plan amendment to establish the site for development. In a May 12 staff report, Phoenix planners detail the rezonings necessary to make the 12.37 acres ready. If approved, the entire site at the SWC of 19th and Dunlap will be converted to WU Code T5:5 (Walkable Urban Code, Transect 5:5). According…