Author: BEX Staff

Groundbreakings 1. Wood Partners’ Alta Dove Valley in north Phoenix started construction last month. Completion of the 380-unit community at 2725 W. Dove Valley Road is expected in 2026. Progress Reports 2. SDB Contracting Services reports ongoing progress with the civil construction portion of the 63-acre, eight-building Brickyards on Ellsworth industrial development in Mesa. General contractor FCL Builders engaged SDB to install a sewer, approximately 21’ deep. The project includes offsite and onsite infrastructure piping with two lift stations for stormwater. Completion is slated for early October. Completions 3. Liv Communities and Rockefeller Group announced the grand opening of Sol38…

Developer George Oliver Companies and private equity firm Ascentris have formed a joint venture to purchase and redevelop a 162.2KSF office building at 4141 N. Scottsdale Road in Old Town. The companies paid $26.05M in a deal that closed June 6. Seller Palisades Capital Realty Advisors was represented by Ben Geelan and Will Mast of JLL. The renovation will be led by George Oliver Design, the in-house design wing of the company. George Oliver’s representatives said a capital investment plan has not been finalized, but that specific renovation plans will be announced later. Construction is expected to start at some…

By Roland Murphy for AZBEX One-third of a 60-acre site originally planned for single-family homes could be rezoned for multifamily under a proposal coming before the Coolidge City Council this week. Project owner Coolidge AZ Apartments, LLC has requested a Planned Area Development – Major Amendment to rezone 20 acres of the larger Mesquite Manor PAD to allow the development of a 328-unit apartment community approximately half a mile south of the SEC of Coolidge Avenue and Skousen Road. The 60-acre site is currently established for 243 single-family units under a PAD adopted in 2006. The planned multifamily development calls…

By BEX Staff for AZBEX Having been previously rejected by the Casa Grande Planning and Zoning Commission and the City Council, and after litigation was filed to contest those rejections, developer Westates has won approval of a revised major site plan for its Lofts at G-Diamond apartment community. The original plan for the development at Korsten Road and Colorado Street included 190 units. That was revised down to 120 after vocal opposition from nearby residents expressing worry over potential traffic impacts, privacy concerns, potentially reduced property values and infrastructure impacts, among other complaints. That plan was rejected by both Planning…

The Uptown redevelopment project in Tucson, the site of the former Foothills Mall, continues to progress with the recent announcement of a new hotel plan. Tempo by Hilton Tucson Uptown is one of 46 new boutique hotels under Hilton’s newest brand. Two have opened so far—one in New York City and one in Nashville—while the others are in various stages of planning and development. The Uptown location will have 144 rooms and amenities that include a fitness center and meeting areas with indoor and outdoor bars. The pet-friendly hotel will also feature local art and design features. Uptown developer Bourn…

Promotions 1. Ryan Companies US, Inc. has promoted three team members. Molly Ryan Carson was promoted to Executive VP, Market Leader, Southwest region. Josh Tracy was promoted to Senior VP of Real Estate Development, and Mary McGowne was promoted to VP of Sales and Leasing. New Hires 2. Brinkmann Constructors has hired Don Williamson as Senior Project Superintendent and Aubrey Wyrick as Project Manager. 3. Norris Design announced Laura Cornell has joined its Phoenix office as a Principal and Registered Landscape Architect. Cornell’s portfolio includes a range of master-planned communities and multifamily housing, as well as several unique project types.…

Sales Transactions 1. Microsoft has bought 282.8 acres of land adjacent to its current data center campus development in El Mirage for $258M. The purchased land was part of a 961-acre master-planned industrial park known as LogistiCenter at Copperwing. 2. Asher Gunter, Matt Pesch, Sean Cunningham and Austin Groen of CBRE arranged the $161.4M sale of Carter, a 365-unit multifamily community in Scottsdale. CBRE represented the seller, EQT Exeter. Kairoi Residential and German American Realty were the buyers. 3. Brookfield Properties bought two properties for $135.2M. Terra Vida Apartments, a 384-unit apartment complex in Mesa, was purchased for $75.5M. Meadow…

BNSF Railway has shifted tracks in its efforts to develop an intermodal railway hub in the West Valley. Having initially pursued rezoning and plan amendments through the City of Surprise, late last month the freight giant submitted its applications to Maricopa County instead. A company spokesperson said that since the site is within County boundaries, it made more sense to pursue the process there rather than via the City of Surprise. The site lies in the Wittman area of the county. Surprise issued an initial approval last year for a general plan amendment that would have been the first step…

Hard Rock International and equity partner ERES Capital have confirmed updated plans for the Reverb by Hard Rock Scottsdale hotel. As part of the 26-acre mixed-use project The Sydney near Loop 101 and 90th Street on the Salt River Pima-Maricopa Indian Community, the hotel’s room count has increased to 195. The original plans called for 168 rooms. Project representatives said the five-story hotel and entertainment destination should be open in spring or summer of 2026. Gensler is the project architect. (Source)

By Roland Murphy for AZBEX BEXclusive Regional beverage manufacturer and distributor Swire Coca-Cola, USA has submitted a proposal to the City of Tempe to redevelop its 42.5-acre industrial site at the NEC of Interstate 10 and Elliot Road. Through engineering and planning firm Kimley-Horn & Associates, the company has requested a planned area development, a use permit and a development plan review for the site at 1850 W. Elliot Road. The PAD will modify development standards for building height from the current 90 feet up to 160 feet, while the use permit will create an exception for the maximum allowable…