- [February 11, 2025] - 120-unit Apartment Community Planned at Guadalupe and Power in Mesa
- [February 11, 2025] - Mesa DRB to Discuss Trucking Terminal Facility
- [February 11, 2025] - Sam’s Club Planned in Mesa
- [February 11, 2025] - Industry Professionals 02-11-25
- [February 11, 2025] - Commercial Real Estate 02-11-25
- [February 7, 2025] - 2025 Forecast Tries to Clarify an Uncertain Market
- [February 7, 2025] - Arizona Utilities Consider Joint Nuclear Development
- [February 7, 2025] - Waste Management Project Headed to Prescott Valley P&Z
Author: BEX Staff
The Mesa City Council voted last week on a proposal to put a $157M public safety bond request on the November ballot. Projects to be funded under the bond consideration include: $43.4M to modernize Police Headquarters;A $10M addition to the $10M approved in a 2018 for a Mesa Police Evidence Facility;$41.9M to add classrooms, parking and site improvements to the 57.5KSF Public Safety Training Facility;Building two new four-bay fire stations, andImproving an existing 1978-built fire station at Greenfield Park. June 11th is the deadline to put bond requests on the November 8th ballot. (Source)
Awards & Accolades 1. Avondale Public Works Operator Miguel Ayala has been named the AZ Water Association’s 2022 Large Treatment Plant Operations Supervisor of the Year. Ayala has worked for Avondale for more than 15 years and holds a Grade 4 ADEQ certification. 2. AZ Big Media has published the 2022 Ranking Arizona list of Top 10 Developers. They are: Ryan Companies US, Inc.ViaWest GroupOpus Development CompanySimonCRETrammell Crow CompanyLincoln Property CompanyMerit PartnersRED DevelopmentCreationWentworth Property Company Company News 3. Phoenix-based design firm Orcutt | Winslow has signed an agreement to acquire Helman Hurley Charvat Peacock Architects – an international master planning/architectural…
Sales Transactions 1. Asante Development Partners recently purchased 836 acres in Surprise for $111.7M. The site includes 752 acres of single-family residential land, 56 acres of high-density residential and 28 acres of commercially zoned land in the Asante Planned Community. ADP is a venture between Lennar Homes, Pulte Homes and Taylor Morrison Homes. Seller HE Capital Asante LLC was represented by Mike Schwab, Greg Vogel, Bret Rinehart, Ryan Semro and Ben Heglie of Land Advisors Organization. 2. Stockbridge Capital Group, through its entity SNL Mesa LCC, will purchase two lots in the Longbow Business Park and Golf Club. The company…
Design choices for the Ocotillo Bridge at Gilbert Regional Park have been narrowed down to two, and the Town Council is soliciting public input. The comment period runs through June 14th. The “Palo Verde” concept was one of the original four under consideration. The new “Desert Falls” design incorporates elements from the three earlier submittals. The 545-foot bridge is intended to be a statement piece connecting Ocotillo Road between Greenfield and Higley. The project has a total budget estimate of approximately $67M, with $54M allocated for construction. Ocotillo Road has been the focus of much attention in Gilbert recently. In…
Northern Arizona Healthcare has been in meetings with Flagstaff development staff recently and is almost ready to deliver its application for a new campus near Fort Tuthill County Park to the City. NAH’s target dates were to have the plan functionally complete at the end of May and to begin the zoning process, which will include two hearings and a required holding period, in July. The zoning will cover full 180-acre campus. Individual approvals for the site plan and building reviews will still be required. The original project target had been to break ground on the new NAH Flagstaff Hospital…
ProEquity Asset Management Corp. has asked the City of Chandler to approve a development plan that would replace a long-vacant Fry’s location at Alma School and Warner Roads with a residential mixed-use development. Most the existing buildings would be demolished under the proposal. A bank, fast-food restaurant and a Walmart currently on the site would stay. The plan for Sun Village Center would feature 371 apartments, a full-service restaurant, a fast-food restaurant and additional retail. The residential component would consist of 10 buildings of between two and four stories. Planned amenities include a clubhouse, pool and barbeque space. The developer…
The City of Phoenix has approved a development agreement with Concord Willshire Capital LLC for part of the redevelopment of Metrocenter Mall. The roughly $1B redevelopment effort will be undertaken by Concord and TLG Investment Partners, working in association with Hines. Under the agreement, Concord will pay for and construct up to nine parking garages with nearly 5,800 spaces. Phoenix will reimburse the company using general fund tax revenues and acquire the garages once built. The total amount is expected to be $68.7M over 25 years. Non-general fund tax revenues to the City are projected at approximately $90M over 25…
By Fairmont Hotels & Resorts Fairmont Hotels & Resorts – part of hospitality group Accor – together with Thunderbird Legacy Development, announced the signing of definitive agreements for the development and management of a new Fairmont Hotel and Residences in downtown Phoenix. Scheduled to open in early 2025, Fairmont Phoenix will offer a luxury hotel and residential experience unlike anything in the downtown market and will join a portfolio of iconic luxury hotels in North America. Fairmont Phoenix will be located in downtown Phoenix at the southern end of the Central Business District, near the Phoenix Convention Center, the sports…
By Arizona Department of Transportation A virtual public meeting has been scheduled on Wednesday, June 8th, to provide information about a future project to widen Loop 202 Santan Freeway in the southeast Valley. The Arizona Department of Transportation and partnering agencies will host the virtual meeting about the planned Loop 202 project in the Chandler and Gilbert areas. The project is currently scheduled to start construction in 2024 as part of the Maricopa Association of Governments’ Regional Transportation Plan. It will add two new lanes in each direction along Loop 202 between Loop 101 (Price Freeway) and Gilbert Road as…
Awards & Accolades 1. The AZ Water Association has chosen the North Avondale Water Supply Project executed by Carollo Engineers Inc. as its Project of the Year. Groundbreakings 2. The City of Surprise has begun work on the Countryside Park youth sports facility. At completion, the project will include eight multiuse sports fields and amenities. 3. The Bell Group’s Storage at McDowell, a 90.7KSF four-level storage facility next to Papago Plaza, has begun construction. Progress Reports 4. Mattel Inc and Epic Resort Destinations LLC have announced the Mattel Adventure Park at VAI Resort in Glendale will feature attractions related to…