Author: BEX Staff

Giving Back 1. Concord General Contracting sponsored a superhero-themed adoption event at the Nancy J. Brua Animal Care Center. Concord covered fees for every adoption. Three foster-to-adopts were completed and 27 pets were adopted, with three more adoptions pending. Awards & Accolades 2. The Arizona Hispanic Chamber of Commerce and its Arizona Minority Business Development Agency Business Center have honored the Arizona Department of Transportation’s work with minority- and women-owned businesses. For the ninth straight year, ADOT has been inducted into the Arizona Million Dollar Circle of Excellence, established in 2012 to recognize entities spending more than $1M annually with…

Sales Transactions 1. Amazon Data Services purchased two parcels in Laveen from IDM Companies for $277.3M. IDM had previously completed multiple rezonings to allow for future industrial development along the Loop 202 South Mountain Freeway in Laveen’s “technology corridor”. The two parcels of land near 63rd Avenue and Dobbins Road total more than 200 acres. 2. American Leadership Academy purchased a 225.9KSF charter school campus in Mesa for more than $80M. The 2022 campus was built by Schoolhouse Development on 22.2 acres at 7726 E. Pecos Road. The purchase was financed by $201.6M in revenue bonds originating from the Pima…

By Roland Murphy for AZBEX The Phoenix Planning Commission will hear requests for a 344-unit apartment community in far north Phoenix south of 29th Avenue and Dove Valley Road at its Nov. 7 meeting. The site is located approximately two miles from the Taiwan Semiconductor Manufacturing Company’s facility west of 43rd Avenue. A rezoning site plan was submitted by Norris Design. The property owners are North Gateway Core Acreage Investors LLC / Hare Investments LLC, and Trumont Group is the developer. The 20-acre site is located in the North Black Canyon Overlay District and is surrounded by vacant land with…

By Arizona Department of Transportation Working with partner agencies and benefiting from public input, the Arizona Department of Transportation has completed a five-year update of the strategic plan for enhancing safety on all public roadways. The Strategic Highway Safety Plan for 2025-2029 is a data-driven plan that establishes statewide goals, objectives and key emphasis areas that allow highway safety programs and partners to align goals and leverage resources for engineering, education, enforcement and emergency medical services. The plan also focuses on the responsibility all Arizonans have to help reduce life-altering crashes on local roads and state highways. The effort included…

A 2023 ruling by the Arizona Court of Appeals means developers may now be able to receive monetary damages from municipalities that provide incorrect information during the land development process. In Hammer Homes vs. City of Phoenix, the Court ruled the relationship between developers and municipal planners resembles that of an expert and a client, since clients pay experts for their knowledge and guidance. The foundation for this “special relationship,” which is similar to the relationship clients have with doctors or lawyers, stems from the municipality’s financial interest in the outcome of actions the developer takes based on that professional…

The Federal Energy Regulatory Commission has approved a preliminary permit for a feasibility study of the proposed Red Lake Pumped Storage Project northeast of Kingman. Gravity Storage LLC has proposed a 3,000 MW closed loop storage plant on the Red Lake dry lakebed on a federal site managed by the Bureau of Land Management. The project would generate power by releasing water over turbines situated between two reservoirs at different elevations. Water would then be pumped from the lower reservoir to the upper to be reused in the process. The preliminary permit allows Gravity Storage to conduct engineering feasibility studies…

Groundbreakings 1. TPA Group has broken ground on the Butterfield Logistics Center, an industrial project in Tucson located in the Butterfield Business Center at the Palo Verde/Alvernon interchange with I-10. The logistics center will be approximately 194.9KSF, with leasing opportunities starting at approximately 32.2KSF. Completion is expected for Q3 2025. The project is designed by Atlas Collaborative Architects and is being constructed by FCL Builders. 2. Wespac Construction, Inc. announced the upcoming construction of a new 76.7KSF academic facility at the Saint Thomas the Apostle campus on 24th Street between Camelback Road and Campbell Avenue in Phoenix. The project is…

The Boys & Girls Clubs of Greater Scottsdale is launching a capital campaign for the development of a branch on the NEC of the Tonalea Middle School campus at 68th Street and Continental Drive in Scottsdale. The $15M project will be called the Steve & Maria Sanghi Branch. The project will encompass 15.5KSF and is expected to begin construction in May 2025. (Source)

By Roland Murphy for AZBEX In its meeting later this week, the Casa Grande Planning and Zoning Commission will be presented with two separate proposals for industrial park master plans that could put more than 2,300 acres up for new development. Both sets of requests were submitted by Colliers Engineering & Design, formerly HILGARTWILSON. Grande Valley Industrial The first project—Grande Valley Industrial—calls for a major General Plan amendment from Neighborhoods to Manufacturing/Industry for approximately 2,250 gross acres at the SEC of Maricopa-Casa Grande Highway and Indian Valley Road. According to the submitted narrative, “The majority of the property within close…

By Roland Murphy for AZBEX After a unanimous vote by the Carefree Town Council to pursue finalizing a development agreement, The Empire Group of Companies and Diversified Partners announced the official commencement of their Carefree Quarter development at the NEC of Carefree Highway and Cave Creek Road. Council is expected to formally approve the agreement next month. The development agreement centers around a Retail Development Sales Tax Incentive. A presentation to Council explaining the plan and agreement terms shows the roughly 20-acre property divided into three distinct development areas and bisected by a wash feature, which had negatively impacted previous…