Author: BEX Staff

The area around Luke Air Force Base will see yet another major industrial project if a new proposal is approved. Crow 303 would create nearly 2MSF of industrial space in plus-or-minus seven buildings on 146 acres at the SEC of Glendale Avenue and Alsup Road. The proposal must be approved for zoning and annexation by the City of Glendale. Planned uses include industrial distribution, commercial or retail. Buildings could range from as small as 50KSF up to nearly 627KSF. If approved, development will progress in several phases. Crow Holdings Industrial is the developer. Butler Design Group was initially involved in…

The Casa Grande Planning & Zoning Commission recently conducted its first hearing on a plan to reopen the former Asarco Sacaton pit mine, now known as Cactus Mine, west of the city. The first step in the process is a general plan amendment that will rezone land around the mine that lies within city limits to Industry/Manufacturing. While the pit, itself, does not lie within the city, approximately 2,160 affected acres around it do. The mine expects to use 1,000 acre-feet of water annually, most of which will come from recycling and reusing water on the site. The owners intend…

Amerco Real Estate Company has purchased an 11.85 industrial site at Tangerine Road and I-10 in Marana for construction of a new U-Haul Center. The facility will consist of one four-story building, five drive-up buildings and one “U-Box” warehouse. Features include Americans with Disabilities Act-accessible storage units, climate control and modern security features. U-Haul acquired the site last month from Cottonwood Properties Inc. for slightly more than $4.2M. The seller was represented by Jesse Blum of Cushman & Wakefield | PICOR. (Source)

Maricopa’s future has a “golden ticket” of potential, according to Mayor Christian Price’s recent State of the City address. During a Willy Wonka-themed presentation, the mayor recently showcased some of Maricopa’s history and recent accomplishments before turning his remarks to the City’s current and future progress. Projects highlighted in the portion of Price’s address concerning infrastructure included: The East-West Corridor; Porter Road Bridge; Intersection improvements at Smith-Enke Road and SR 347; Improvements to Green Road; Queen Creek Road intersection improvements, and An eventual outer loop or “ring” road. On the private development side, Price named with pride several small businesses…

Litchfield Park Mayor Thomas Schoaf has pledged to make better use of Highway User Revenue Funds for local road projects. Arizona raises HURF monies through fuel taxes and other vehicle operations fees and then distributes a portion to cities and towns for road projects. Litchfield Park had previously allowed HURF monies to accumulate and used general revenue funds for the projects. On average, Litchfield Park spends $300K-$600K on road projects every year and receives approximately $440K in HURF funds. Schoaf explained there had always been enough money in the general fund to cover road projects but that it is better…

Despite rising materials costs and supply shortages, builder sentiment for new single-family homes increased four points in October, rising to 80 in the NAHB/Wells Fargo Housing Market Index. Even while noting the strong demand for and sales of new supply, analysts noted the looming threat of supply chain disruption, labor shortages and other cost-inflating factors, such as the likelihood of increasing interest rates. Like most indices, a score greater than 50 on the HMI is considered positive. All three indicators under HMI were greater than 50 and each gained over September. Current conditions scored 87, sales expectations for the coming…

Awards & Accolades 1. Four organizations were recognized for their achievements at the Western Maricopa Coalition’s 29th annual Best of the West Awards, which were recently held at State Farm Stadium. Winners included: Economic Engine: FLITE Goodyear; Excellence in Innovation: ASU J. Orin Edson Entrepreneurship + Innovation Institute partnership with Peoria Forward; Quality of Life Enhancement in the Community: Peoria Community Arts Project; Quality of Life Enhancement in Education: West-MEC Southwest Campus; Inspiration in Leadership Award: Goodyear Mayor Georgia Lord; Regional Advancement Award: Grand Canyon University, and President’s Choice Award: Karla Moran, Salt River Project. Finalists included: Economic Engine: Andersen Corporation; Excellence in Innovation: City of Peoria’s PopUp Peoria;…

Sales Transactions 1. The Howard Hughes Corp. has purchased the proposed 37,000-acre Douglas Ranch master-planned community in Buckeye. The company paid $600M to El Dorado Holdings Inc. and JDM Partners for the vacant land, which is planned for 100,000 homes and 55MSF of commercial space at build out. 2. As part of a three-asset portfolio deal, Velocis has sold the four-story, 175.5KSF office building Kierland One, which is anchored by the Carlisle Companies corporate headquarters. 3. JLL Capital Markets has closed the sale of and arranged acquisition financing for Oxford Apartment Homes, a 432-unit multi-housing community in Phoenix. JLL marketed the property on…

By Rebekah Morris for AZBEX On Tuesday, October 19th, the Arizona Chapter of the Associated Society for Professional Estimators held its first-ever Construction Conditions Panel discussion to bring forward firsthand industry accounts across a broad perspective of manufacturers, materials suppliers, specialty and general contractors, along with an owner’s viewpoint. The panel dug into the nuances of current conditions, including skilled labor, cost of materials and labor, and ability to deliver projects. The panel consisted of: Bill Smith, Senior Project Executive for Banner Health; Trevor Brown, Director of Preconstruction for Clayco Corporation; Rick Karber, President of Karber Corporation; Tom Van Ort,…

By BEX Staff for AZBEX Scottsdale plastic surgeon Dr. Bryan Gawley has submitted plans to the City’s Development Review Board to create The Gawley Center – a 30.5KSF medical development at the SWC of Bell Road and 91st Street. The two-building proposal would feature a one-story ambulatory surgical center of 13KSF and a two-story medical office building of 17.4KSF. The two buildings would be separated by a courtyard space. According to the development narrative submitted by triARC Architecture and Design, building elements will include contemporary European components while also drawing for local mass-based forms. Landscaping will be primarily desert-inspired but…