Author: BEX Staff

The Coconino Superior Court decided the site of the planned TownePlace Suites by Marriott at 2000 E. Route 66 in Flagstaff is to be auctioned off by the Coconino County Sheriff’s Office. A total of 11 liens were placed against owner D Flag T LLC. Also named in the default judgment were defendants Akal Development Inc. and Jaspal Singh Sidhu. Auctioning the land will go toward settling the $105K notice and claim of lien filed by Geary Pacific Corporation. Geary Pacific originally filed a civil lawsuit in September 2024, while its notice and claim of lien were filed in July…

Awards & Accolades 1. Wespac Construction, Inc. announced its Surprise Crossings project has achieved LEED Silver Certification. This honor reflects the commitment to sustainability shared by Wespac and its partners, including Panattoni Development Company, Cawley Architects, JLL and EXP. Located at 13301 N. 137th Ave., the project covers 274KSF on 16.2 acres. Notable features leading to this certification include sustainable site development, water efficiency, optimized energy performance, quality transit options, eco-friendly materials and high-efficiency ventilation systems. Groundbreakings 2. Greenlight Communities has announced the groundbreaking for its Cabana Kyrene apartment complex in south Tempe. In collaboration with Holualoa Companies, the development…

A bill to waive some State regulations on small-scale nuclear reactors was passed out of the Arizona Senate Natural Resources Committee on March 11th. The measure would make it easier for large users of electricity, such as data centers and advanced manufacturing companies, to build small nuclear reactors in rural parts of Arizona to meet their energy needs. Utilities are struggling to meet projected power demands using existing technologies. House Bill 2774 would allow the development of Small Modular Reactors, also known as SMRs, in industrial facilities and waive the need to obtain a Certificate of Environmental Compatibility. Bill author…

The Pinal County Board of Supervisors was presented last week with an overview of long-term facilities and building plans intended to serve the County’s needs for the next few decades. Chief among the items in the $190M project list were a new Administration Building, Juvenile Court Complex and Sheriff’s Office Reentry Facility. Administration Building The $73M administration building is envisioned as a five-story structure totaling 125KSF. County buildings D and E in Florence, which total a combined 55KSF, would be demolished to make room for the new space. Supervisors were told the project is in the design phase. Plans for…

By BEX Staff for AZBEX The Mesa Design Review Board recently met to discuss Get Air’s plans for a 54.4KSF trampoline park and retail building on 3.5 acres at the NEC of Elliot and Ellsworth roads. The DRB meeting focused on landscaping and design elements, according to a local news report. No action was taken. The preliminary site plan shows the proposed building would be divided into three primary segments: 27.8KSF for the Get Air indoor trampoline facility, 6.2KSF for a veterinary office and 20KSF for other retail/commercial tenants. The retail portion could be broken into smaller suites, if needed.…

By Roland Murphy for AZBEX The Arizona Construction sector lost 600 jobs in January, according to the latest report published by the Arizona Office of Economic Opportunity. Arizona’s seasonally adjusted unemployment rate rose to 3.9%. The December rate was 3.8%. The national unemployment rate fell to 4.0%, down from 4.1%. In January 2024, Arizona had a seasonally adjusted rate of 3.5%. The national rate was 3.7%. Arizona had a not-seasonally adjusted loss of 40,700 nonfarm employment jobs month-over-month. “Prior to the pandemic (2010-2019), private sector employment averaged a loss of 41,900 jobs in January,” the report states. Year-over-year results showed…

By BEX Staff for AZBEX The Florence Planning and Zoning Commission has recommended approval of a requested rezoning for a 40-acre site called Westland Village at the SWC of Butte Avenue and Centennial Park Place. The requested rezoning would change the vacant site from rural agricultural to planned unit development to allow the development of 112 single-family homes on 27 acres and up to 158 multifamily units on the remaining 13. Roughly eight acres of the total site would be made up of open space. Surrounding sites include single-family residential, a drainage channel and the 40-acre Territory Square planned development…

By Associated Builders and Contractors Construction input prices increased 0.6% in February, 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 0.6% for the month. Overall construction input prices are 0.3% higher than one year ago, while nonresidential construction input prices are 0.1% lower. Iron and steel, steel mill product and softwood lumber prices all increased sharply in February. “Nonresidential input prices increased at a rapid pace in February and have risen at a far-too-hot 9.0% annualized rate through the first two months of 2025,”…

Giving Back 1. The Salt River Project Solar for Nonprofits Program has completed the installation of a 40kW solar system for Junior Achievement of Arizona, a project expected to cut the organization’s electricity use by about 40%. The system will help JA reduce its electricity costs, allowing the nonprofit to allocate more resources to support its mission while embracing a more sustainable future. Construction began in October of last year. 2. Lyn Marquis, president of MC Companies’ Sharing the Good Life Foundation, has been recognized by the Arizona Chapter of the Cystic Fibrosis Foundation. Marquis received the Advocacy Award in…

Sales Transactions 1. BKM Capital Partners, advised by Cushman & Wakefield, recently sold Rose Garden Business Park for $35.1M. The buyer in the transaction was an affiliate of the seller, whose name was not disclosed. Sitting at 1801-1831 W. Rose Garden Lane, the 100% leased industrial park is 159.3KSF on 10-plus acres. 2. Thomas Title & Escrow announced it facilitated the $24.5M sale of Miller Plaza. No address, transaction parties or representatives were identified. According to an inactive listing on Loopnet, Camelback Miller Plaza is a 15-acre, 158KSF retail center at the SWC of Miller and Camelback roads. 3. La…