Author: BEX Staff

By Tasha Anderson for AZBEX The Arizona Department of Transportation recently issued a Request for Qualifications related to the design and construction of the Interstate 10 Broadway Curve, I-17 (Split) to SR 202L Capital Improvement Project in Phoenix. The selected firm will enter into a public-private partnership Design-Build contract with ADOT. The project area consists of the I-10 from I-10/I-17 Interchange at milepost 149.5 to the Chandler Boulevard TI at milepost 160.1, including the Broadway Curve and certain portions of SR 143 and US 60. Some elements of the proposed $525M project are expected to include: Addition of general purpose…

By Adrian Skabelund for Arizona Daily Sun Voters shot down a proposition providing money to expand bus services in Flagstaff during the last election, but that hasn’t stopped staff at the Northern Arizona Intergovernmental Public Transportation Authority (NAIPTA) from looking at the future. Case in point, downtown Flagstaff might be seeing a more developed Mountain Line connection center after Flagstaff City Council gave the go-ahead to explore expanding the agency’s current site on Phoenix Avenue. Mountain Line has used the location as the agency’s hub since 2008 and every one of the agencies’ 10 bus routes runs through it. But…

Giving Back 1. Rosendin was announced recently as the new solar partner for Camp Colley, a summer adventure camp located on the Mogollon Rim in northern Arizona. As the camp’s solar partner, Rosendin will ensure that the camp and its facilities have consistent power to operate the camp. Awards & Accolades 2. The Novus Innovation District in Tempe was the focus of the three teams competing in the 2019 REIAC/Rockefeller Challenge. Capturing top honors at the 6th annual event was the Original Company for its project, Karsten. Other finalists and their projects were: Pari Passu Development, The Vector; and Hydra…

Sales Transactions 1. Continental Realty Advisors (CRA) has completed the sale of Courtney Village Apartments, a multifamily property in Phoenix, for $62.2M. Additional terms of the transaction were not released. 2. Trammell Crow Company purchased an 8.24-acre site at the SWC of Raintree Dr and 87th St in Scottsdale for $11.5M. Barry Gabel, Chris Marchildon, Will Mast and Mitchell Stravitz of CBRE represented the seller, Liberty Property Trust. 3. United Flea Markets recently purchased the 30-acre Tanque Verde Swap Meet at 4100 S. Palo Verde Rd, Tucson, for $7M. 4. Starcorp, LLC purchased two Carl’s Jr.’s for a total of…

By Rebekah Morris for AZBEX Construction activity in Arizona is projected to hit $14.8B in 2019. That was just one of the good pieces of news presented in the private development outlook presented by BEX Founder and President, Rebekah Morris at the fifth annual Private Development Summit on Tuesday. Population Growth and Employment and Housing, Oh My! An overview of three key macroeconomic figures reveals that Arizona, as a state, is now growing population at a rate of over 1.5 percent year over year, approximately 10 percent over the pre-recession peak for total employment, and at a comfortable and steady…

By Tasha Anderson for AZBEX HonorHealth is requesting approval for a site plan, landscape plan and building elevations in order to develop a new multi-tenant medical office building at their Osborn Medical Center Campus in Scottsdale. The project, called the HonorHealth Neuroscience Institute, is planned as a five-story 116KSF outpatient clinic building located at 7242 East Osborn Road. According to the applicant’s submittal, the building will be situated on the east side of the Osborn Medical Center Campus, “creating a public west side and blocking off the view into the loading dock of the hospital.” The narrative submitted to the…

By Tasha Anderson for AZBEX The first week of May has come and gone, which in BEX’s world means another successful Private Development Summit has passed. More than 200 attendees gathered at the DoubleTree by Hilton in Tempe on Tuesday, May 7th, for an afternoon of looking into the current and future state of the private sector… and of course, the always famous happy hour complete with churro station. After BEX President and Founder, Rebekah Morris peered into her crystal ball to provide attendees with what the future has in store for private development (see pg 1), several speakers dove…

Awards & Accolades 1. Sundt Construction, Inc. was recently honored for its work on the City of Chandler’s Ocotillo Water Reclamation Facility (OWRF) Expansion Project. The AZ Water Association awarded the project the 2019 Wastewater Treatment Plant Project of the Year. The $120M project was a joint venture between Sundt and McCarthy Building Companies and was designed by Carollo Engineers. 2. Sundt Construction, Inc. was recently awarded its 23rd Associated General Contractors of America (AGC) Build America Award for its work on the APS Four Corners Selective Catalytic Reduction Retrofits. The award was presented during the AGC’s 100th Annual Convention…

By Tasha Anderson for AZBEX A luxury, high-density urban living residential development is being planned in order to draw a variety of residents to Downtown Avondale. The City of Avondale approved two requests submitted by Tiffany & Bosco, P.A., on behalf of Quyp Development Services, LLC at their April 18 Planning Commission meeting. The first, a General Plan Amendment for 11.4 acres east of the NEC of Fairway Drive and Van Buren Street from Urban Residential to High Density Residential. The second, a rezoning request from Agriculture and Community Commercial to Planned Area Development. The project, dubbed Cerro Vista and…

Source: ABI Multifamily ABI Multifamily has announced the $6.08M closing of land for the future home of ALTA Warehouse, a planned multifamily development in Phoenix. Located at 600 West Lincoln Street, the 7.33-acre site in a designated Opportunity Zone is one of the largest still vacant spaces in the highly revitalized Warehouse District of Downtown Phoenix. The ABI Multifamily Team of VPs Patrick Burch and John Klocek worked on behalf of the Buyer – Wood Partners, developers of the ALTA brand of luxury apartments. The preliminary plan for the site consists of 300 units in three 3-4-story buildings. A clubhouse…