Author: BEX Staff

After having been previously withdrawn due to organized resident groups and Scottsdale City Council opposition, two multifamily developments have been revised and have earned Development Review Board recommendations. DRB voted Nov. 3 to recommend Mercado Courtyards (formerly 92 Ironwood) and 94 Hundred Shea (formerly 9400 Shea) for approval by Council and the Planning Commission. Members found the projects meet the City’s neighborhood compatibility and benefit requirements, along with environmental responsiveness and green building requirements. Other acknowledged benefits include increases in shading of adjacent properties and promotion of connectivity and visible open space. Mercado Courtyards Mercado Courtyards is planned for 273…

By Roland Murphy for AZBEX The I-10 entryway to downtown Tucson may get a major skyline update with a planned 17-story multifamily and commercial development scheduled for a courtesy review before the Rio Nuevo Area Design Review Board this week. 471 W. Congress St. is currently an approximately 5.73-acre vacant lot at the SEC of West Congress Street and the South Freeway frontage road in the Rio Nuevo Area of the Downtown Infill Incentive Districts. According to the plan submitted by developer UrbanStreet Group, “This Project is located at a key gateway to downtown Tucson from Interstate 10. The goal…

By BEX Staff for AZBEX Multiple outlets are reporting on a Nov. 11 Arizona Commerce Authority announcement that consumer manufacturing powerhouse Procter & Gamble has announced it will build a $500M manufacturing plant in Coolidge. The 2MSF project will be constructed on 427 acres in Saint Holding’s Inland Port Arizona logistics park. P&G officials said 500 other U.S. sites were considered before the company finally chose Coolidge for what will be only the third domestic plant the company has built since 1971. The projected construction start has been set for late next year, with operations expected to commence by 2025.…

The Pinal Regional Transportation Authority has approved a plan that lets businesses and the state Department of Revenue recover the taxes paid under the overturned Proposition 417 funding measure. The measure authorized an excise tax to fund transportation projects. The Goldwater Institute filed a lawsuit claiming the tax was invalid. After a three-year legal battle, Goldwater’s position was upheld by the Arizona Supreme Court. Tax collections were not halted while the case was making its way through the system. As a result, approximately $87M in taxes were collected. Since the funds were never made available to the RTA, a plan…

Giving Back 1. The 6th annual Big Dig for Kids event presented by Sundt Construction benefitting Phoenix Children’s took place Nov. 5. The event raised more than $750K to support the new MIBG target therapy program used to kill cancer cells in children. There were more than 2,300 attendees, including 300 Phoenix Children’s patients. More than 300 volunteers and 91 sponsoring companies participated. New Hires 2. Brian Moore has joined W.E. O’Neil Construction as Senior Project Manager. 3. Davis Commercial AZ has announced two new hires. Joining the firm are Associate Broker David Roberson and Business Development Specialist Cathy Maloney.…

Sales Transactions 1. The Pavilions – a 10.4-acre, 129.7KSF retail center at the SEC of Dobson and Guadalupe roads in Mesa – has been sold to Pavilion Jasleen LLC and Pavilions Banwait LLC for $22M. Seller West Valley Properties was represented by Phoenix Commercial Advisors’ Danny Gardiner and Chad Tiedeman. 2. Cushman & Wakefield | PICOR announced the firm has brokered the sale of Black Canyon Commerce Center – Building A, a 62.8KSF multi-tenant office building in Phoenix. The property was acquired by Evergreen Associates, LLC for $11.2M. Eric Wichterman and Mike Coover with Cushman & Wakefield’s Private Capital represented…

The Glendale Planning Commission will hear a request this week from developer McKinney Investments to rezone 40 acres near the SWC of Bethany Home and Sarival roads for a proposed industrial development. Plans for Bethany Home 303 call for a two-building development of approximately 700KSF. The project submittal says the current plan is conceptual and may be altered depending on market conditions. McKinney has requested a rezoning of the property from light industrial to planned area development to allow for a greater range of industrial and commercial uses. Cawley Architects is the project design firm, and engineering services are provided…

The Casa Grande Planning and Zoning Commission has voted to approve two major projects despite opposition. In the first project – known as Post Ranch – City staff recommended against approval. Applicant Scapegoat Design Studio requested a rezoning from Planned Area Development to R-2 on a 567-acre parcel to allow the development of more than 2,000 attached multifamily dwelling units near the SWC of Florence Blvd. and Toltec Buttes Road. Planning staff feared the zone change was not in keeping with Casa Grande’s General Plan, since developments on the west, south and east sides of the planned site are PADs…

By STACK Infrastructure STACK Infrastructure announced its plans to develop a five-building, 230MW campus in the heart of central Phoenix, Arizona. This massively scalable 50-acre campus will be developed to support the increasing demand for critical capacity in this rapidly growing data center market. Located in the center of Phoenix, near the largest hub of long-haul fiber and metro network providers in the region, the new campus will offer strong connectivity for innovators in one of the most active hyperscale data center markets globally. The more than 1.7MSF campus will include a low water use design that supports client sustainability…

By Roland Murphy for AZBEX Last month, the American Planning Association Arizona Chapter and the Arizona Association for Economic Development conducted a workshop on affordable housing in the state. The presenters were: Ashlee Tziganuk with the Morrison Institute for Public Policy at Arizona State University, Jerry Stabley, former community development director for Pinal County, and Bob Workman of R.L. Workman Homes in Sierra Vista. In individual presentations, the group explained the policies and problems currently impacting affordable housing in the state from both legal and development perspectives and offered insights as to what can be done to better address the problems moving forward.…