Author: BEX Staff

Awards & Accolades 1. Arizona Forward hosted its 44th Annual Environmental Excellence Awards in Scottsdale. The awards given were as follows: Governor’s Award for Arizona’s Future: South Central Extension/Downtown Hub Light Rail Extension — Submitted by Valley Metro and AECOM. Grassroots Water Protection Movement in Cochise County — Submitted by the Grassroots Water Protection Movement Team. Crescordia Awards: Dairy with Purpose, United Dairymen of Arizona; SanTan Brewing Grain-to-Farms Initiative, SanTan Brewing Company; City of Tucson TREE Center, City of Tucson; Arizona Water Innovation Initiative, Arizona State University; Grassroots Water Protection Movement in Cochise County, Grassroots Water Protection Movement Team; Center…

By BEX Staff for AZBEX Since 2023, Phoenix area political and business leaders have argued most of the ozone pollution contributing to poor air quality in the region is beyond their control and is caused largely by pollution coming in from other states and Mexico. The area has struggled to meet air quality standards under the Clean Air Act because the mountains around the Valley create a “bowl” effect and trap heavier, polluted air. A local news outlet reported Environmental Protection Agency Administrator Lee Zeldin visited Phoenix last year to discuss the area’s classification under the standards. The region was…

By Roland Murphy for AZBEX Developer Dominium is planning a 323-unit multifamily development on 12.68 acres in Tolleson east of the SEC of 99th Avenue and Wolverine Way. The Tolleson City Council discussed Dominium’s plan for The Waverly in its March 24 meeting but took no action. Dominium is requesting a rezoning of the site from its current I-1 Light Industrial zoning to Planned Area Development to build the project under flexible development standards. According to the DATABEX project database, Dominium has 21 residential projects in various stages of development and construction around Arizona, totaling 6,220 units and a total…

By BEX Staff for AZBEX Acacia by Diamante Homes, a proposed 129-unit townhome development on 8.29 acres at the NEC of Acacia Road and Southern Avenue, has received a recommendation for approval from the Apache Junction Planning and Zoning Commission. An area news outlet reported Diamante Homes has requested a rezoning from the current mixture of designations for the eight-parcel site to High Density Multiple-Family Residential by Planned Development, as well as a new planned development overlay and a minor General Plan amendment. Surrounding uses include residential and commercial/event space to the north, residential to the south, vacant commercial property…

Administrators at Gilbert Public Schools have proposed a $136M bond request for this November’s election. Funds would be used to renovate facilities, upgrade security, improve the technology infrastructure and improve transportation. Staff provided an extensive presentation and justification at the recent board meeting. Members will now take time to digest and consider the submitted information. Associate Superintendent for Business Services Bonnie Betz said the district imagines spending $65M for facility upgrades and improvements, $33M on technology infrastructure, $20M for career and technical education and extracurricular space, $12M for security improvements, and $6M for buses and vehicles. The district’s deferred maintenance…

Awards & Accolades 1. AZ Big Media released the 2026 Ranking Arizona Top 10 Multifamily Builders, based on public voting: Mark-Taylor Companies, MT Builders Companies, Mattamy Homes, Liv Communities, CHASSE Building Team, NexMetro Communities, VIVO Development Partners, A.R. Mays Construction, Optima and Decca Multi-Family Builders. 2. AZ Big Media released the 2026 Ranking Arizona Top 10 Multifamily Management companies, based on public voting: Mark-Taylor Residential, Greystar, P.B. Bell, MC Companies, Asset Living, Bryten Real Estate Partners, Cornerstone Properties, West USA Property Management, Liv Communities and Alliance Residential Company. 3. AZ Big Media released the 2026 Ranking Arizona Top 10 Pool…

AZBEX NOTE: Over the last several months, we have seen a sharp increase in the number of CRE transactions submitted for publication without dollar amounts or, occasionally, the names of the parties involved. We understand brokerages and their clients may sometimes believe there is value in withholding this information, but this “shadow reporting” does a disservice to our readers. Moving forward, we will no longer be publishing incomplete announcements to the AZBEX website. All submissions and aggregations must have the dollar amount and at least one of the two parties for inclusion. We will continue to include the complete list…

By Roland Murphy for AZBEX A new market report on construction costs in the United States shows inflation may be “leveling off.” In his introductory column in the Rider Levett Bucknall Q1 2026 Quarterly Construction Cost Report, RLB President North America Paul Brussow said, “Construction cost inflation is beginning to level off. Quarterly increases are holding near 1%, translating to an annualized rate just above 4%. While still elevated (most of the pressure coming from materials costs) compared to historical 3% per annum, the consistency suggests that the industry may be settling into a more predictable environment, one where owners…

By Roland Murphy for AZBEX Pulte Homes is requesting a Planned Unit Development rezoning for 9.42 gross acres in the Norterra area of north Phoenix to enable the development of Solis at Norterra, an 80-unit for-sale townhome development at the SEC of North Valley Parkway and West Casino Avenue. The infill property is currently zoned Planned Community District with underlying C-2 zoning. According to the narrative submitted by project representative firm Kimley-Horn & Associates, Inc., “The Dynamite Mountain Ranch PCD was approved in 1998 and has largely been built out with master planned infrastructure, homes and commercial development since then.…

By The Mangat Group The Mangat Group announced plans to expand its industrial development footprint of new flex industrial space across four locations in the West Valley. The project builds on the previously announced MG Business Park and responds to increasing demand from small- to mid-sized businesses seeking flexible office and warehouse space in one of Arizona’s fastest-growing regions. The Mangat Group expects to invest more than $250M across the four planned developments. The first project, located on Glendale Avenue and New River Road, is entering its second phase of development and will include 71 units totaling approximately 93KSF. A…