Author: BEX Staff

Groundbreakings 1. Invenergy broke ground on its Hashknife Solar Energy Center in Joseph City. Developers stated the project is to provide up to 450 construction jobs. Construction is expected to last for 18-24 months. The target operational date is 2027, and the project will have a lifespan of 20 years. The project is composed of two phases capable of producing 475 megawatts in total. 2. Construction has started on Cross Winds @ Three Star Pointe, a low-income housing development near El Mirage and Bell roads in Surprise. The project contains 45 three-bedroom rental townhomes and is anticipated to be completed…

By Roland Murphy for AZBEX The Arizona Construction sector dropped 1,100 jobs in November, the most of any sector for the month. Arizona’s seasonally adjusted unemployment rate rose to 3.7%, according to the latest report published by the Arizona Office of Economic Opportunity. The October rate was 3.6%. The national unemployment rate rose to 4.2%, up from 4.1%. Last November, Arizona had a seasonally adjusted rate of 4.2%. The national rate was 3.7%. Arizona had a not-seasonally adjusted gain of 31,600 in nonfarm employment jobs month-over-month. “Prior to the pandemic (2010-2019), NSA nonfarm employment gained 28,800 jobs on average in…

By Roland Murphy for AZBEX After all of these years, solicitors should have learned not to impose their deadlines when the Holidays turn. BD teams need downtime with family and friends, yet ridiculous submission due dates loom again. Deadlines twixt the Holidays mean no Yuletide cheer, since missing a deadline leaves all staff in tears. But we have your back ‘bout demands untoward; now we’re calling them out with these Humbug! Awards. Dec. 26 Kingman needs help with E-Dev strategy, Due 12/26? What a sad tragedy! Mesa Schools wants a roof done at Smith Junior High. The day after Christmas?…

With the successful launch of the newly opened Desert Diamond Casino White Tanks at San Lucy near Northern Avenue and Loop 303, the Tohono O’odham Nation is now looking to expand amenities and services there and also at its Desert Diamond West Valley location. The tribe plans to add a 19-story hotel with 450 rooms and 30KSF of meeting space at Desert Diamond West Valley near Loop 101 in Glendale. The new hospitality space will also include pools, a spa and a rooftop restaurant. The White Tanks casino property will add a 16-story hotel with 350 rooms with similar amenities…

The Winslow City Council has approved preliminary planned area development rezoning and a development agreement with project owner Atlas Global Development for the 1,479-acre Winslow Commerce and Industrial Park. The PAD divides the property into a northern commerce park area with a light industrial focus and a heavy industrial area to the south. As part of Winslow’s sale of 1,200 acres to Atlas Global for the project, data centers were negotiated as a prohibited use because of their low employment value. Atlas Global will now work to develop and submit plans for utility connections, infrastructure improvements and detailed project phasing,…

Giving Back 1. The PICOR Charitable Foundation announced the beneficiaries of its 30th annual Pancake Breakfast Fundraiser. This year’s fundraiser, held on Oct. 27, raised a total of $188K. The Burton Family Foundation, part of PCF’s Pancake Breakfast Committee, has a dollar-for-dollar matching program. The committee released the 59 local nonprofits benefitting from the fundraiser. The grant recipients are: Amistades; Amphi Foundation; Angel Heart Pajama Project (AHPP); Arizona Center for Autism (Abbie School); Arizona Friends of Foster Children Foundation; Arizona Theater Company; Assistance League of Tucson, Inc.; Ballet Tucson; Beyond Foundation; BICAS; Big Brothers/Big Sisters of Tucson; Books for Classrooms;…

Sales Transactions 1. CBRE negotiated the sale of Smith & Rio, a 310-unit multifamily community located at 1979 E. Rio Salada Pkwy. in Tempe. CBRE’s Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen represented the seller, a partnership between PGIM Real Estate and High Street Residential, the residential subsidiary of Trammell Crow Company. Industry news outlets reported the sales price at $106M. 2. Institutional Property Advisors, a division of Marcus & Millichap, facilitated the $56.5M sale of the Hampton Meridian at 3000 W. Southern Ave. in Apache Junction. The 195-unit property was sold by The Carlyle Group to Hampton…

By Chlorum Solutions USA Chlorum Solutions USA LLC, formally announced the development of its first small-scale U.S. chlor-alkali plant in Casa Grande. The plant will enhance local supply chain resilience in the U.S. chemical industry with its decentralized model tailored for this purpose. The Arizona facility will be a model of environmentally friendly, safe practices. With an investment of more than $70M, this plant aims to set a new standard in proximity-based chemical production, reducing transport risks and reliance on long-haul shipping. By serving markets outside major petrochemical hubs like Texas and Louisiana, Chlorum Solutions USA addresses a critical need…

By Roland Murphy for AZBEX The Gilbert Planning Commission/Design Review Board has unanimously approved a set of requests that will allow for the development of two hotels and three medical office buildings on a 9.45-acre site on the north side of Melrose Street between Val Vista Drive and Rome Street. The requests associated with the Val Vista & Melrose Mixed-Use project, identified in the submitted documents as Val Vista and Melrose – New Development, sought approval for a set of findings of fact, as well as approval for a site plan, landscaping, grading and drainage, elevations, floor plans, and lighting.…

Major airports are never truly finished. Virtually every airport larger than a single-hangar crop duster strip always has construction happening somewhere on the grounds. As one of the 10 busiest airports in the U.S. and 25 busiest airports in the world, Phoenix Sky Harbor International Airport has more planned and ongoing construction than most. Following is an update on the extensive work planned for PSHIA in 2025. Terminal 3 Expansions With Terminal 4 being built out, attention is now turning to Terminal 3. In 2025, a new north concourse and a pedestrian bridge to connect Terminal 3 and Terminal 4…