Author: BEX Staff

A plan from Urbaneer Investment Partners to develop 120 two-story homes and 210 apartments in seven buildings on the former site of Quail Canyon Golf Course is encountering opposition from some area residents. The proposal would redevelop approximately 53 acres on Oracle Road between River and Rudasill roads. The apartments would be placed on the west side of the property near existing hotel and restaurant spaces. The property’s east side would see the single-family offerings, nearest to existing homes. The site is currently zoned for 1.2 houses/acre. Urbaneer is seeking a rezoning to allow the higher densities. Approximately 100 people…

The Phoenix-Mesa Gateway Airport Authority has approved a 40-year master development agreement with The Boyer Company to develop GatewayEast, a 270-acre area on the airport’s northeast side dedicated for non-aeronautical projects. While the ultimate planning process lies with Boyer, the long-term vision is a three-phase mixed-use commercial area. The tentative master plan calls for a mix of 50% industrial, 32% office, 9.5% retail and 6.25% hospitality development. The airport is restricted from selling the land outright, but it has the right to allow outside parties to develop on the site. Boyer will pay $0.55/SF for developed lots and a 10%…

The Surprise City Council has approved Trammell Crow Residential’s site plan and planned area development request for Allora Surprise, a 351-unit, 16.84-acre multifamily development at the SEC of Bell and Citrus roads. The Surprise Planning & Zoning Commission had recommended against the plan last month. The original plans for the site included eight acres of commercial. Landowner Carefree Partners scaled the commercial portion down to 3.9 acres and relocated it on the site, an adjustment project representatives credited in ultimately winning approval. The multifamily development will consist of 222 one- bedroom, 117 two-bedroom and 12 three-bedroom units ranging from 681SF…

By Roland Murphy for AZBEX Toll Brothers Apartment Living is requesting a site plan approval and special use permit from the City of Mesa to develop Navona – a 400-unit apartment development on 20.24 acres at the SEC of the Williams Field Road and Crismon Road alignments. The proposal was presented with a staff recommendation for approval to the Mesa Planning and Zoning Board on June 22nd. The site lies within Phase I of the Avalon Crossing master-planned community and is zoned Planned Community under the Avalon Crossing Community Plan. Single-family developments are planned to the north and east, and…

The Tempe City Council is considering a Government Property Lease Excise Tax abatement for Hines’ proposed 14-story, 216KSF 250 Rio office development near Rio Salado Parkway and the Ash Avenue Alignment. If approved, Hines would sell the site to the City and the project would receive an eight-year abatement on property taxes. Under the proposed agreement, Hines would make payments to area educational foundations to offset the property tax revenue. Other payments would be made to the Tempe Coalition for Affordable Housing, and Hines would contribute $150K for a planned veterans’ memorial. The developer would also fund improvements on the…

The Town of Gilbert has paid nearly $300K in legal costs associated with an eminent domain case stemming from the Hearne Plaza Garage in the Heritage District, and at least two more such cases could be on the horizon. Courts found for the Town in its efforts to take a 755SF piece of land from business owner Marc Barlow for the garage project, but there was a $525K difference between the Town’s appraisal and Barlow’s. A judge ruled to use Barlow’s figure of $670K in October of 2020. Gilbert challenged the ruling and attempts at mediation failed earlier this year.…

Awards & Accolades 1. Presented by the American Council of Engineering Companies of Arizona, the Leadership in Engineering Administration Program is a career development program designed for upwardly mobile young professionals working in Arizona’s consulting engineering industry. The LEAP Class of 2022: Jose Aguilar, WSP USA, Inc.;Jessica Brinton, Maricopa County Department of Transportation;Taylor Dunkle, Kimley-Horn & Associates;Travis Dunn, Dibble Engineering;Alexander Ecke, Dibble Engineering;Viking Edeback, Carollo Engineers;Jack Fleming, AZTEC Engineering;Amy Forsythe, Southwest Traffic Engineering;Zachary Herman, Speedie & Associates;William Janiga, Entellus, Inc.;Rasha Jasim, Wilson & Company;Dillon Kennedy, AECOM, Inc.;Oleksandr (Alex) Klimov, AZTEC Engineering;Steven McKee, Wood/Patel;Eric Pedersen, Carollo Engineers;Cortney Seiberlich, Kimley-Horn & Associates;Cheryl…

Sales Transactions 1. Creation has announced the sale of the 860.6KSF 10 West Commerce Park, home to Funko’s U.S. distribution center, to Cohen Asset Management for $130M. Will Strong of Cushman & Wakefield brokered the deal. 2. The 301-unit Park Terrace Senior Living at 2577 W. Greenway Road in Phoenix has sold to Link Senior Development and The Roxborough Group LLC for $45M. JLL assisted Link in securing debt and equity partners. An entity associated with Homan Zarghampour was the seller. 3. Next Round Asset Management, LLC has purchased the 240-unit Palomino Crossing apartment community in Tucson for $28M. Seller…

By City of Glendale “District at Sportsman’s Park, Glendale” will be the name of a new, innovative and vibrant mixed-use project being built in a collaboration between the City of Glendale, the Arizona Cardinals and Plaza Companies. The 62-acre site is located east of Loop 101, south of State Farm Stadium and to the east of the new VAI Resort. District at Sportsman’s Park, Glendale, includes two parcels of land in the northwest portion of the property owned by an affiliate of the Arizona Cardinals. The remainder of the site is owned by the City of Glendale. Upon completion, the…

A second phase has been announced to join with a Build-to-Rent project about to get underway on a Maricopa County island in north Peoria. Building permits for Village at Pleasant River, a 246-unit development on 25 acres near Happy Valley Parkway and 115th Avenue are under review. Now, applicant EMC Management is requesting rezoning for Village at Pleasant River Phase II to accommodate another 55 single-story units on an adjacent five acres. The Phase II plan seeks to build 18 one-bedroom, 28 two-bedroom and nine three-bedroom single-story units. The Maricopa County Technical Advisory Committee has scheduled a first review for…