Author: BEX Staff

Early voting for Question 490, the $100M bond proposed by Coconino Community College, begins this week as ballots are being mailed out on Oct. 7 CCC has presented the details of its proposed bond to groups across Coconino County. Its most recent presentation was before the Coconino County Board of Supervisors during its Sept. 30 meeting. Question 490 will, if approved, fund construction projects at multiple CCC locations. The general obligation property tax bond question would be paid off over a 20-year period. Estimates show homeowners would pay an average of $6 to $7 a month in Flagstaff and $2…

By CJ Jorgensen for AZBEX Mack Halo Vista LLC announced the 2,300-acre Halo Vista Master Plan will soon contain a Courtyard by Marriott, a Residence Inn and a Costco. The master plan is being developed by Mack Real Estate Group and McCourt Partners. The master plan is located adjacent to Taiwan Semiconductor Manufacturing Co.’s $165B fabrication campus. Common Bond Development Group is developing the two hotels. A press release from Mack Halo LLC says, “Today’s confirmation of the first phase of hospitality and retail users marks an important milestone for Halo Vista because it will enable our project to deliver…

Giving Back 1. Adopt a Highway volunteers collected more than 1.8 tons of litter during the Arizona Department of Transportation’s eighth Annual National CleanUp Day. A hundred participants filled 270 bags across 17 communities statewide, including Phoenix, Tucson, Prescott and Scottsdale. 2. The PENTA CARES Foundation, the charitable arm of The PENTA Building Group, raised $65K for local nonprofit Home Base Arizona at its annual Arizona Charity Golf Classic. Sponsors of the event included: All 5’s Construction, Amfab Steel Specialties Inc., Arizona Restaurant Supply, AROK Inc., Ascent Custom Millwork, Bergelectric, Brown & Associates, Cerris Systems, Classic Roofing LLC, Commonwealth Electric…

Sales Transactions 1. Lincoln Property Co. sold a 1.3MSF industrial building at its Park303 logistics park in Glendale to Dollar Tree for $147.1M. The facility, known as Phase 2 Building C, will serve as the retailer’s first regional distribution center in metro Phoenix. CBRE’s Reid Wilbraham and Cooper Fratt represented the tenant. 2. Verde Investments sold the 345KSF industrial asset at 2402 W. Beardsley Way in Deer Valley for $60M. An entity tracing to Viawest Group purchased the two-building property. The property also includes six MW of power, two 4,000 amp switchboards, a 2,000 amp switchboard and backup generators. 3.…

By CJ Jorgensen for AZBEX The University Governance and Operations Committee of the Arizona Board of Regents approved Northern Arizona University’s proposed Fiscal Year 2027-2030 Capital Improvement Plan during its Sept. 11th meeting. The CIP calls for $40M in FY 2027; however, the meeting also touched on two FY 2026-2029 projects totaling an additional $98M. $50M Nursing Building The $50M New Nursing Building will serve as a replacement building that will become the new primary structure for the College of Nursing. Currently, nursing programs are spread throughout various buildings. The new 40KSF building will consolidate the programs into one facility.…

Plans for the First Street and Brown Avenue Parking Garage in Old Town Scottsdale were released during a community meeting. The project calls for an expansion of “The Corral” garage from two levels to four. The City of Scottsdale is the owner. According to DATABEX, DFDG Architecture is the architect, and Chasse Building Team is the general contractor. (AZBEX, July 12, 2024; Aug. 20) During the meeting, Eric Loeffler of the Chasse Building Team discussed two separate structural options. Plan A would create an additional 183 spaces for a grand total of 394 stalls. Plan B would add 160 for…

The Arizona Cardinals are planning a more than $200M training facility and headquarters at the intersection of Loop 101 and Scottsdale Road in north Phoenix. The Cardinals partnered with Mortenson to acquire 217 acres of land for $136M in the Arizona State Trust land auction that occurred earlier this year. The land was once considered for the Arizona Coyotes hockey team prior to the team leaving the state. Mortenson will serve as the general contractor. ROSSETTI will be serving as the design architect for the facility, while Nelson will work with the broader Paradise Ridge Master Plan. (AZBEX, Aug. 26)…

By BEX Staff for AZBEX Caliber announced it has completed construction documents for its joint venture development, PURE Pickleball & Padel, near Scottsdale. The Salt River Pima-Maricopa Indian Community accepted the documents for review on Sept. 12. This marks the beginning of the building permitting process for the 196.7KSF planned pickleball facility. DAVIS is serving as the architect. Rick Engineering is providing engineering, planning, landscape architecture and land surveying services. DATABEX lists Wespac Construction Inc. as the general contractor. The nearly 200KSF facility will feature a 1,200-seat professional arena, 40 indoor pickleball courts, eight indoor padel courts, a restaurant and…

Groundbreakings 1. Trammell Crow Company has broken ground on West 101 Logistics Center, a five-building, 1.1MSF speculative industrial development at the SEC of Loop 101 and East Indian School Road in Phoenix. The project, slated for delivery in summer 2026, will include buildings ranging from 170KSF to 312KSF. CBRE will handle marketing and leasing. 2. Ballpark Village, a 7.7-acre retail development at the NEC of Estrella Pkwy. and Yuma Road in Goodyear, is now under construction. Diversified Partners broke ground on the project, which will include restaurants, retail shops and service providers. Additional space is still available for lease. Ballpark…

Taxpayers Against Awful Apartment Zoning Exemptions, also known as TAAAZE, filed a legal complaint with the Maricopa County Superior Court against the State of Arizona, as well as the City Manager and Planning Director of Scottsdale. The 20-page lawsuit alleges the state gave Axon special treatment and encroached on voters’ rights. This stems from a law that nullified a ballot petition drive against the planned Axon Corporate Campus. The complaint goes on to argue the law is unconstitutional as it was, allegedly, created to benefit a single company. The legislation, which was signed into law by Gov. Katie Hobbs in…