Author: BEX Staff

CRG, the real estate development arm of Clayco, will move ahead with The Cubes at Mesa Gateway after closing on 268 acres between Pecos and Germann roads for $30M. Plans for the site call for up to 4MSF of industrial space to be created as speculative and build-to-suit development. Construction at the $300M complex is scheduled to begin in Q2 2022, with the first buildings finishing before the end of the year. The entire development should be built out by late 2024, according to company officials. Potential uses include specialized manufacturing, e-commerce and large-scale distribution. Potential building configurations range from…

By Arizona Department of Transportation A virtual public meeting about a study of planned improvements along Loop 303 between Interstate 17 and Lake Pleasant Parkway in the north Valley is scheduled for Wednesday evening, October 20th. The Arizona Department of Transportation will host the virtual meeting about the ongoing study of improvements that include new freeway lanes and other potential upgrades. That includes direct freeway-to-freeway ramps at the I-17/Loop 303 interchange and a future Loop 303 interchange at 67th Avenue. Information also will be provided about planned construction of new Loop 303 traffic interchanges at 43rd and 51st avenues starting…

Camelback Spring Training LLC is seeking proposals to develop “compatible and complementary” land uses on 53 acres adjacent to the Camelback Ranch-Glendale Spring Training Facility. The facility serves the Chicago White Sox and LA Dodgers. According to reports, CST is willing to sell all or part of the property and will consider proposals that include its participation in the development. Proposals are required to consider making 2,500 parking spaces available during Cactus League. Proposals are due by December 1st and should be emailed to CamelbackRanch@kaites.com. John Kaites is the contact for inquiries. (Source)

Design-build firm Clayco Inc. has announced it is relocating its residential business headquarters to Phoenix. Clayco has a variety of projects in development around the Valley, including Skye on 6th, a 25-story tower at Sixth and Garfield streets, which it took over building for Hubbard Street Group when contractor Katerra Inc. filed for bankruptcy. News reports also state Clayco is taking over construction of the 19-story X Phoenix tower at Second Avenue and Van Buren. Clayco opened an office in Phoenix at 24th Street and Camelback Road in May, which will serve as the new HQ. The company has expanded…

Chandler voters will see five questions as part of a bond request when ballots start arriving in their mailboxes this week. The City has broken its $272.7M bond measure – its first in 14 years – into five separate components: Public works, streets and transit: $85.8M; Parks and recreation and community services: $73M; Police: $55.2M; Facilities: $33.6M, and Fire: $25.2M. Major projects to be funded include: A.J. Chandler Park Improvements: $10.8M; Mesquite Groves Regional Park Phase 2: $19.6M; Two fire station projects: $15.7M; Police Forensic Services Facility: $38.7M; Kyrene Road Improvements: $5.2M, and Ray and Dobson Roads Intersection Improvements: $17.3M.…

Groundbreakings 1. Ryan Companies and Cadence Living recently broke ground on the 147-unit Acoya Scottsdale at Shea senior/assisted living development. Also known as Acoya Shea, the project is expected to be completed in Q4 2023. Progress Reports 2. Crews working on the Arizona Department of Transportation’s project to reconstruct the I-17 bridge over Central Avenue south of downtown Phoenix have opened the freeway to three lanes in both directions, lifting lane restrictions that have been in place since last year. The $13.5M project is scheduled for completion this fall. 3. W.E. O’Neil Construction is pouring concrete slab later this month…

By Rebekah Morris for AZBEX Materials shortages and delays in permitting may be finally having an impact on the total market as two of the last three months are showing Year-over-Year declines in construction activity statewide. According to the University of Arizona Eller College of Business website, azeconomy.org, taxable sales for construction reached $1.623B in June of 2021, a 0.87% decline YoY, and $1.416B in July 2021, a 9.5% YoY decline. This results in three of the seven months for which data is available in 2021 showing a decline in YoY volume. Construction activity had been on a solid growth…

By Rebekah Morris for AZBEX The Kingman Regional Medical Center is looking for a team to jointly design and build a 32-unit multifamily development in Mohave County to house traveling nurses and doctors. While details are scant, Ken Horner with KRMC was looking to have participation from the market and understand crucial items like cost and schedule for the project prior to taking the concept to the Board for approval. He indicated the desired mix would be 12 two-bedroom units and 20 one-bedroom units. The need for housing healthcare workers is not unique to KRMC. Currently they are renting houses…

By George Oliver Developer George Oliver has unveiled its redevelopment plans for the landmark Hayden Station mixed-use property in downtown Tempe. Renamed as Arbor, the $41M experiential office project will include a $18M renovation that will transform the five-building campus into a one-of-a-kind office and retail destination, located in one of the nation’s most sought-after office markets. Under a design theme of “Urban Organic,” Arbor will balance a natural material palette and indoor-outdoor environments with an experience-driven amenity package that pays homage to its premier urban location. The approach will place a heavy emphasis on vegetation, add patios and convert courtyards into semi-private…

The Danelle Plaza strip mall at Southern and Mill avenues in Tempe will be the subject of a redevelopment effort, but no one can say yet what it will entail or when it may begin. Danelle Plaza is home to legendary local music venue Yucca Tap Room and recurring art event Tempe Art A Gogh-Gogh. Several owners are stakeholders on the property, including the City of Tempe with 3.14 acres. Tempe issued an RFQ in March for developers to purchase its location and create a mixed-use development. Two firms submitted in April, but the city canceled the RFQ in June,…