Author: BEX Staff

By Roland Murphy for AZBEX – BEXclusive Developer West77 Partners plans to build a four-story, 126-room extended stay hotel at the SEC of 91st Avenue and Interstate 10 in Tolleson. The Tolleson City Council approved the site plan request with stipulations for drainage, retention, water lines, screening, landscaping and similar items in its July 9 meeting. The LivAway Suites hotel will be situated adjacent to a recently constructed McDonald’s and Starbucks. The C-2 commercial zoning for the property has been in place for approximately 40 years, according to City officials, and a hotel use is permitted by right. West77 Partners…

By Roland Murphy for AZBEX A long-dormant plan to develop a Build-to-Rent community in San Tan Valley is showing renewed activity. Harvard Investments recently announced it sold a 21.8-acre parcel at the NWC of North Gantzel and East Bella Vista roads to NexMetro Communities for $8.3M. The site is zoned for up to 284 Build-to-Rent units on the vacant, entitled land. According to the announcement, “NexMetro plans to develop Avilla Bella Camino in San Tan Valley. Avilla Homes neighborhoods feature single-story, detached homes with open floor plans, 10-foot ceilings, high-end finishings, and private backyards and front porches.” Harvard Investments’ announcement…

The Tempe City Council last month authorized negotiations to buy a 7.2-acre property at the SEC of Scottsdale and McKellips road for future redevelopment. Plans for the redevelopment of Food City Plaza call for a minimum of 50 affordable housing units, a modern grocery store and a police station and training facility. The center was built in 1977 and currently has approximately 80KSF of leasable space. The site is owned by Michael A Pollack Real Estate Investments. Tempe Economic Development Director Mike DiDomenico told Council at the June meeting the deal was placed on the agenda for approval before final…

By Roland Murphy for AZBEX A new 62-unit townhome development from Zen Investing LLC could soon be coming to the NEC of 81st Avenue and McDowell Road in Phoenix. In its July 1 meeting, Phoenix City Council approved a planned unit development rezoning request for the 4.02-acre site. The project is referred to as the Zen at McDowell Planned Unit Development in the rezoning request and City approval documents and as Zen at Desert Sky in a June pre-application submitted to Phoenix permitting. The plan includes a pool and a central amenity area. Potential amenities, according to the submitted narrative,…

Awards & Accolades 1. The Arizona Department of Transportation’s $70M Loop 303 Interchange project has received an award in the “Quality of Life/Community Development, Medium Project” category in a national competition among state departments of transportation. The competition was sponsored by AASHTO and was presented at the annual WASHTO meeting. Groundbreakings 2. Formation Interest, Crescent Real Estate, Willmeng Construction and the City of Goodyear held a groundbreaking ceremony for the Formation Park 10 industrial development. Phase I consists of two buildings totaling 427KSF and a large park for future tenants and the surrounding community. 3. Fain Signature Group broke ground…

By Roland Murphy for AZBEX – BEXclusive This week, the Surprise Planning and Zoning Commission will consider a rezoning request from RVi Planning + Landscape Architecture on behalf of two property owners to rezone a pair of 40-acre parcels from rural residential to allow for more dense housing development. Both sites were originally included in the planned area development for Surprise Foothills, a 1,040-acre master site roughly bounded by Pinnacle Peak Road/Deer Valley Parkway/Central Arizona Project Canal in the north, 243rd Avenue to the west and 235th Avenue to the east. Since the PAD was created, however, the City of…

By Rebekah Morris for AZBEX (Phone rings.) “Hello, this is Rebekah with AZBEX.” “Hey, yeah, I’m so-and-so with company such-and-such. I’m looking for you guys in ___ but I can’t find it. Where is this service for my state?” This sort of interaction has happened countless times over the 14-plus years BEX has been in business. It has always been a dream of mine to expand, and the time is finally right for this next phase of BEX. We’ve dubbed it The BEXpansion. How You Fit In We have been planning this for a long time and no matter how…

By Roland Murphy The next development in the Cavasson master-planned area in north Scottsdale could be a 136-unit luxury townhome community from Toll Brothers. The developer has requested approval from the Scottsdale Development Review Board for a proposal to build Toll at Cavasson on 11.27 acres in the Cavasson mixed-use area at Loop 101 and Hayden Road. The for-sale units would have a site density of 12.07 units/acre, far less than the 25 unit/acre functional limit that has been the standard under the City of Scottsdale General Plan 2035. According to the submitted narrative, “The Property is in the northern…

By Associated Builders and Contractors Construction input prices fell 0.3% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices declined 0.4% for the month. Overall construction input prices are 1.1% higher than a year ago, while nonresidential construction input prices are 0.7% higher. Prices increased in two of three energy subcategories last month. Natural gas prices were up 36.3%. The aggregate price of unprocessed energy materials was up 4.7%. Crude petroleum prices were down 0.2% for the month. “Construction materials…

Giving Back 1. In July, EHS Restoration will assist Aris Foundation in hosting a dinner for more than 250 homeless families in Tempe. Additionally, through the organization Packages From Home, EHS Restoration employees will also be packing care baskets/packages for those who are actively deployed in the U.S. military overseas. Awards & Accolades 2. The Greater Phoenix Chapter of IFMA announced the winners of the 2024 Phoenix Rising Excellence Awards. The winners are: Rising Star of the Year: Sri Nayani Gajji; Emerging Leader of the Year: Mridula Potdar; Helping Hand of the Year: Liz Remley; Committee Member of the Year:…