Author: BEX Staff

By BEX Staff for AZBEX The Goodyear Planning and Zoning Commission has recommended approval for requests associated with another major master plan by Harvard Investments. The developer is seeking a minor General Plan amendment and rezoning for a roughly 1,940-acre site near Estrella Mountain Regional Park. The location was formerly known as King Ranch and is currently planned by Harvard as a master plan called Rio 1900. Plans call for up to 5,762 residential units, including estate residential, various single-family residential offerings and multifamily. According to a local news report and the submitted narrative, Harvard owns most of the 1,940-acre…

By BEX Staff for AZBEX The Mohave County Board of Supervisors has approved changes to County zoning ordinances and will now require proposed data centers to provide their own electricity and water. In July, the County joined other jurisdictions around the state seeking to restrict data center development. In Mohave’s case, the Board enacted changes that removed data centers from the list of desired businesses under the County’s economic development goals. (AZBEX; June 10, June 18, July 23) Under the newly approved ordinance, “…to reduce the demand on local grids and water resources, Mohave County will require data centers to…

Planning and development professionals around Arizona should be aware of a major change scheduled to take effect at the end of the month. House Bill 2447 will significantly alter how local jurisdictions around the state manage site plan and development reviews. When the new law goes into effect Dec. 31, staff will review and approve development plans—including design reviews, site plans, plats and landscape plans—administratively. There will be no public hearings. HB2447 requires objective and quantifiable review standards to be established in every municipality. Those standards must be “clearly defined, measurable, and free from subjective judgment.” The legislation’s goals included…

Groundbreakings 1. Big-D Midwest broke ground on Marbella Ranch, a 144-unit multi-family development in Glendale. The project includes five buildings—four 36-unit residential buildings and a standalone clubhouse. The project was developed in collaboration with Real Estate Equities and Kaas Wilson Architects. Phase I is slated for completion in spring 2027. 2. Evergreen Devco, Inc. broke ground on The Homestead at Lehi, a $62.5M, 222-unit multifamily development at 2261 E. McDowell Road in Mesa. The three-story project team included MT Builders as general contractor, BMA Architecture as architect, Atwell for engineering and construction services and Collaborative-V Design Studio for landscape architectural…

The Indian Health Service has chosen the Ak-Chin Indian Community for a new Tribal healthcare facility as part of the IHS Joint Venture Construction Program. Seven recipients were announced across the country, with Ak-Chin as the only Arizona tribe selected. Notably, Ak-Chin is the first-ever Phoenix area participant. The project will replace an outdated existing 2KSF clinic. To date, the program has contributed to the operation or expansion of 30 facilities nationwide. The selection was announced in a meeting between Ak-Chin Chairman Gabriel Lopez and U.S. Health and Human Services Secretary Robert F. Kennedy Jr., IHS will lease the facility…

By Roland Murphy for AZBEX The Eloy Planning and Zoning Commission met to consider a major General Plan amendment and rezoning for 310 acres, roughly a quarter mile east of the NEC of Sunland Gin and Shedd roads, to allow for a new development area featuring light industrial and multifamily components. The hearing was for discussion purposes only, and no action was taken. Eloy’s General Plan currently lists the property as Community Commercial and Light Industrial. Owner RMG Real Estate Services III, L.L.C., which traces to real estate investment firm Vaulter (formerly known as McRae Gomez), is requesting an amendment…

By Roland Murphy for AZBEX After roughly two decades of starts and stops, a Nov. 26 development agreement approved by Mesa City Council could kick off the most ambitious plan yet for the 80-acre site of the former Fiesta Mall at Southern Avenue and Alma School Road. While the area around the former mall has seen significant private and public investment over the last decade, a definitive solution for the core site has remained elusive. Plans have ranged from a medical education and associated campus to a mixed-use master development with multifamily, commercial and flex-office uses. (AZBEX; March 20, 2023)…

By Associated Builders and Contractors Construction input prices increased 0.2% in September compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices also increased 0.2% for the month. Overall construction input prices were 3.5% higher than in September 2024, while nonresidential construction input prices were 3.8% higher. Prices decreased in all three energy categories in September. Natural gas and unprocessed energy materials prices were down 8.7% and 3.0%, respectively, while crude petroleum prices were down 1.7% in September. “Construction input prices rose for…

Giving Back 1. Sundt Construction raised $205.8K through the company’s annual St. Mary’s Food Bank Holiday Fundraiser, marking the highest total ever raised by the Tempe-based general contractor for its annual charity drive. The total equates to one million meals distributed throughout the community. Employee-owners donated, and Sundt matched contributions dollar-for-dollar. 2. Achen-Gardner Construction donated turkeys to the City of Mesa Engineering Department and United Food Bank’s annual Turkey Tuesday Drive on November 18. Additionally, the construction company sponsored the Gilbert Days Parade on Nov. 22, volunteered at Feed My Starving Children in Tempe on Nov. 21, and participated in…

Sales Transactions 1. Tierra Partners III LLC, an affiliate of James Shough, recently purchased Paradise Valley Marketplace at Shea and Tatum blvds. for $45M. The buyer was self-represented. The seller, Kite Realty Group Trust’s KRG Phoenix LLC, was represented by CBRE’s Ryan Shubert and Michael Hackett. The site will be anchored by restaurant supply seller Shamrock Foodservice Warehouse, which replaces a vacant Whole Foods grocery store. 2. Commercial Properties, Inc. announced the $3.2M sale of 5455 S. Nogales Hwy. The 5.05-acre industrial outdoor storage property features a 12.8KSF industrial building. The property is located south of I-10 and north of…