Author: BEX Staff

By Roland Murphy for AZBEX Developers Saunders & Amos LLC and current property owners Russell and Michael True have proposed a new master-planned development featuring Build-to-Rent multifamily, resort rental casitas, a Western heritage center, single-family equestrian-centered homes, and a commercial area to be built in Marana. The proposal would require three concurrent actions from the Town to proceed: Annexation of the 218-acre site, a minor general plan amendment to Master Plan Area, and rezoning to the Specific Plan Zone. The White Stallion Specific Plan would take 218 acres from the True’s White Stallion Ranch – a resort guest ranch (also…

A new 4.4MSF industrial development could be coming to Olive and Sarival avenues in Glendale. If all the necessary actions and approvals are granted, the 276-acre site will see four buildings of approximately 1.1MSF each in a campus to be known as Parkway 303 East. City documents do not identify a developer, but the property is owned by Suburban Land Reserve Inc. (Property Reserve Inc.) the real estate division of the Church of Jesus Christ of Latter-day Saints. Suburban Land Reserve is also the owner of Parkway 303 West, a six-building 3.4MSF industrial development with nearly 66KSF of commercial space…

Pedestrian improvements in Flagstaff’s Downtown Mile will receive $32.5M in funding under the Infrastructure Investment and Jobs Act, according to a U.S Department of Transportation announcement last week. Officials called the funding the largest transit investment in years for the City. Flagstaff will provide matching funds of $15M, with another $11M coming from the Burlington Northern Santa Fe Railway. The Downtown Mile Safety and Connectivity Improvement Project makes improvements along a mile-long span of rail and roadway in Flagstaff’s downtown. Components include: Pedestrian gates at rail crossing at both San Francisco and Beaver streets,A pedestrian underpass at Rio de Flag,A…

Beck Legacy Group – managing partner of the Hampton Inn and Suites in Prescott Valley – wants to bring another hotel to the area. The company is proposing a 93-room Marriott TownePlace Suites hotel on the NEC of Glassford Hill and Florentine Roads. Beck Legacy Group will also serve as managing partner for the new hotel. The hotel was originally planned in 2019 and 2020, but plans were waylaid by the pandemic. The company is collaborating with Fain Signature Group to develop the project and hopes to break ground in January. (Source)

Awards & Accolades1. Phoenix Sky Harbor has been recognized for its strong commitment to reducing its environmental impact. Airports Council International – North America recently presented this year’s Environmental Achievement Award in the Innovation Category to Phoenix Sky Harbor International Airport for the newly opened Eighth Concourse in Terminal 4. The Eighth Concourse was developed with a focus on reducing environmental impacts from the early planning stages throughout the design and construction lifecycle. Progress Reports 2. Lucid Motors’ expansion plans – both those under construction and those still in planning – continue to progress in Casa Grande. Sr. VP of…

By Arizona Department of Transportation Arizona is one of the first states in the nation to have its Electric Vehicle Infrastructure Deployment Plan given the stamp of approval from the Federal Highway Administration. The Arizona Department of Transportation submitted its draft proposal in August and with the federal approval last week, $11.3M will be made available immediately, with another $16.3M coming in October of this year to begin implementing the plan. This is a portion of the overall $76.5M allocated for this program in Arizona over the next five years through the recently enacted federal Infrastructure Investment and Jobs Act.…

By Thompson Thrift via PR Newswire Thompson Thrift has announced the acquisition of a 48.5-acre parcel that will be used for the second phase of Elliot Tech Center, a mixed-use industrial and retail project currently under construction within Mesa’s Elliot Road Technology Corridor. “We are thrilled to be able to add a second phase of our newest mixed-use project in Mesa’s highly-acclaimed tech corridor,” said Ashlee Boyd, managing partner for Thompson Thrift Commercial. “Once completed, the Elliot Tech Center will provide nearly 1MSF of industrial and retail space.” Thompson Thrift acquired 25.5 acres at the NWC of Elliot Road and…

By Roland Murphy for AZBEX NOT BEXCLUSIVE Petersen Properties & Management, Inc. wants to bring the “first top tier industrial park” to Eloy. Through its subsidiary Petersen Arizona Land and Entitlement Fund, the company has submitted a request to the Eloy Planning and Zoning Commission to approve “the I-2 General Industrial Zoning District as the base zoning district for an additional 574 acres being added to the 618 acres from the original PAD as augmented through the Planned Area Development Overlay District.” Those 574 acres are currently designated Light Industrial. The undeveloped 1,192-acre site planned as the Interstate 10-8 Business…

By BEX Staff for AZBEX (NOT BEXclusive) A new report from SmartAsset ranks Arizona in the 10 best states for infrastructure. In its third annual “States with the Best Infrastructure” study, the company compared all 50 states using eight metrics: Percentage of roads in good or fair condition;Percentage of bridges in good or fair condition;20-year water system needs;Broadband coverage;Average frequency of electricity outages;Average duration of electricity outages;Average commute time, andPercentage of commuters using public transit. Arizona ranked 10th overall. The top three states were Nevada, Utah and Nebraska. Mississippi, Louisiana and West Virginia ranked lowest. In summarizing Arizona’s infrastructure quality,…

By Roland Murphy for AZBEX Following a brief summer hiatus, Mesa’s Planning and Zoning and Design Review boards have roared back into full activity this month. In addition to several cases on their individual agendas, P&Z and DRB had three requests that appeared before both bodies last week. Taken all together, the three projects total 394 multifamily units and nearly 900KSF of new industrial development. DRB reviewed and provided direction on the cases but took no action. Millennium at Superstition Springs Guardian Development Partners (The Guardian Companies) is requesting a site plan review and rezoning from “Planned Employment Park with…