Author: BEX Staff

Maricopa resident William Jones has submitted a pre-application to the City of Maricopa for the Maricopa Community Assisted Living Center, a 20KSF, 40-resident assisted living home focused on senior care and housing at Wild Horse Trail and White-and-Parker Road. The plan features 40 bedrooms, each with its own bathroom; on-site therapy services; a cafeteria; a laundry center and a beauty salon. Recent studies, including research from area economic analysis firm Elliott D. Pollack & Company, show senior facilities are an underserved market in Maricopa. Pollack’s study recommended more senior-focused housing, including independent residential and assisted living and memory care. Maricopa…

By City of Scottsdale Scottsdale has created a new Transportation and Infrastructure Department—a modernized structure that combines capital project management and transportation services into one coordinated team. This reorganization follows the dissolution of the department previously known as Public Works. This alignment brings together the City’s engineers with its transportation team, creating a unified team to plan, design and deliver Scottsdale’s critical infrastructure and mobility projects. Previously, these responsibilities were divided between two separate divisions: Capital Project Management and Transportation & Streets. Alison Tymkiw, City engineer and senior director of the new department, now reports directly to City Manager Greg…

Groundbreakings 1. Flexjet has broken ground on a $36M private terminal at Scottsdale Airport. The project includes a 9.5KSF office, 34KSF hangar, 9KSF terminal, 2.4KSF terrace and 29KSF underground car park. The terminal will be located at 15115 N. Airport Drive and is expected to open in late 2026. It will serve as one of five facilities Flexjet has in development nationwide. 2. Banner Health broke ground May 21 on Banner Health Center Plus, its new medical campus in Scottsdale. This phase of the project will be 120KSF and contain an ambulatory surgery center, pharmacy, imaging center and cancer care…

By BEX Staff for AZBEX Unofficial election results show Glendale voters apparently casting a split vote over two May 20 ballots on the future of the VAI Resort development. By narrow margins, voters appear to have upheld the Glendale City Council’s decision to rezone a 10-acre site for a parking area and resort employee offices but rejected Council’s decision to amend the General Plan to allow the same development, according to an article in The Arizona Republic. The site had originally been zoned for parks and open space, though no plans were ever created to develop or use it for…

By BEX Staff for AZBEX The City of Safford announced approval of the final plat for a 165-unit residential development known as The Villas and Cottages on 14th at the NEC of 14th Avenue and Relation Street. The notification ran in The Gila Herald May 21 and congratulated Stratford Development Inc. (Providence Homes) on the culmination of more than a year’s worth of cooperative effort between the company and City staff “supporting smart, responsible development that enhances livability for current and future residents.” In the same May 12 meeting, Safford City Council also approved the final development plan for the…

By Roland Murphy for AZBEX A long-planned development by JDM Partners on an infill property in the Biltmore area near 24th Street and Camelback in Phoenix has been scrapped and replaced with an entirely new proposal. In 2018, JDM and partner Best Western, Inc. proposed a mixed-use development on 11.6 acres that would have included “a retail component, a hotel or an approximately 320-unit multifamily development to replace the existing office property.” BWI also planned “a flagship Best Western Premier-branded hotel that includes offices for BWI employees, dining and recreational space and other hotel amenities next to its existing offices.”…

By Roland Murphy for AZBEX Development of a new 406KSF replacement hospital for the Indian Health Service division of the U.S. Department of Health and Human Services seems increasingly likely, as the Service has issued a Sources Sought/Request for Information to determine the interest, capabilities and qualifications of firms interested in constructing the new facility on the Fort Apache Indian Reservation. AZBEX was the first outlet to report on plans to replace the existing hospital in 2022. This was then followed by a design RFI that December, followed by a design request for proposals. (AZBEX: Sept. 2, 2022; Dec. 13,…

The Peoria City Council has unanimously approved the recommended Capital Improvement Plan for fiscal years 2026-2035, comprising 266 total projects with a budget of $1.9B. Planned spending for FY 2026 is nearly three times the average annual spending plan because it includes several projects currently under development. FY 2026 spending totals $572M, of which $294M is carryover from FY2025. The CIP is largely centered around spending for water, wastewater and the Peoria Innovation Core. The primary water projects consist of: The CAP/LLP Intersection Wellfield project, which is currently under construction and will provide five new potable water wells and a…

Giving Back 1. Brycon sponsored a hole and entered a team in the Robin S. Reed Keys to Independence Golf Classic. The event benefited Treasure House Phoenix, a supportive living community for young adults with intellectual and developmental disabilities. Awards & Accolades 2. The 2025 Ranking Arizona results have been announced for the Top 10 Commercial Real Estate Developers in the Grand Canyon State. The winners are: ViaWest Group, Creation, Ryan Companies, Vestar, SimonCRE, Barclay Group, Wentworth Property Group, Capital Development Group Hines and Canyon Building & Design. Company News 3. Caliber announced the launch of its joint venture with…

Sales Transactions 1. Trinity Investments has sold the 950-room JW Marriott Phoenix Desert Ridge Resort & Spa to Ryman Hospitality Properties for $865M. Trinity acquired the asset in 2019 for $602M and completed a $100M renovation in 2023. The 316-acre resort, Phoenix’s largest, will continue operating under the JW Marriott flag. 2. Ares Management has acquired the 392-unit Zaterra luxury apartment community in Chandler for $137.5M in an all-cash deal, marking one of the Valley’s largest multifamily transactions this year. The seller was P.B. Bell Companies. The 22-acre complex was built in 2021. Institutional Property Advisors, an affiliate of Marcus…