Author: BEX Staff

By Dominium Dominium has announced it has closed a deal to acquire land for the development of a new affordable housing community in Marana. Dominium plans to use the land at 8740 N. Silverbell Road to develop an affordable housing community for low-income families in the Marana area. Once constructed, The Safford will provide 200 high-quality apartment homes. This project will be constructed by WD Construction. The Safford, along with the recent grand opening of 308-unit Vista Ridge in Phoenix and the groundbreakings for 396-unit Estrella Springs and 261-unit Suncrest Vista in Goodyear, are part of Dominium’s $1B pipeline of…

By Rebekah Morris for AZBEX No matter the end result, 2023 was going to set records for bond questions asked of voters. Twenty-three school districts across the state requested authorization from voters to take on more than $3.56B in debt to fund capital projects and land purchases. In addition, five cities in Maricopa County also requested General Obligation bond approval totaling more than $1B. As of Thursday afternoon, 15 of the 23 school bond questions totaling $2.39B appear to be passing, and four of the five municipalities requesting bonds totaling $992M are moving forward. Glendale, Goodyear, Phoenix and Surprise Pass…

By Roland Murphy for AZBEX The Arizona Department of Transportation will host a pre-procurement conference/industry forum to discuss prospective future solicitations for a roadway project that is one of the major highway plans on the development horizon. The Monday morning conference will cover improvements to Interstate 10 from State Route 202 to the Gila River Bridge. The Department’s official designation for the project is: Phoenix-Casa Grande Highway [Interstate 10 (I-10)] SR 202L (Santan/South Mountain) to Gila River Bridge Design-Build Capacity Improvements. The new project is part of the Wild Horse Pass Corridor master plan and covers I-10 from the connection…

After a massive and coordinated opposition campaign, Flagstaff voters rejected a planned rezoning of nearly 100 acres that would have been used to develop an $800M campus with a new hospital, a medical office building and a parking garage. Northern Arizona Healthcare and various environmental and anti-development groups had been locked in a heated back-and-forth of support and opposition for months, with allegations of misinformation coming from both sides. A representative said NAH was disappointed at the referendum results but that it intended, “To keep our commitment to Flagstaff and the region to provide a modern health care facility capable…

By Aaliyah Koelzer and Roland Murphy for AZBEX A near-capacity crowd filled a conference room at the SkySong Innovation Center this week to hear the latest trends and concerns in the Valley’s shifting Industrial development market at the BEX Leading Market Series panel. Some of the most prominent players in the field expressed their opinions—both data-driven and personal—about how 2023 has unfolded and what lies ahead. The panel was comprised of: Tammy Carr, Director of Business Development, Brinkmann Constructors – Moderator; Alex Boles, Senior VP of Investments and Development, ViaWest Group; Rusty Kennedy, Managing Director, Stream Realty Partners Industrial Division,…

Awards & Accolades 1. Arizona Department of Transportation’s Office of Communications and Public Involvement won four top awards at the American Association of State Highway and Transportation Officials’ TransComm meeting. The winners were: TransComm PR Professional of the Year: Doug Pacey; Virtual Public Involvement: 2050 Long-Range Transportation Plan; Video Production-External: Sliding a Bridge – SR 79 at the Gila River, and Transportation Event: I-10 Broadway Curve Improvement Project – Ready to Rubble. 2. Developer aLocal broke ground last month on the $200M Apache Corners mixed-use project for the Tonto Apache Tribe. The project will develop approximately 75 acres on the…

By BEX Staff for AZBEX The Maricopa County Board of Supervisors is scheduled to hear a rezoning and comprehensive general plan amendment for a planned hydrogen facility on 170 acres at the NEC of Salome Highway and 523rd Avenue near Tonopah. The hearing is set for Nov. 15. A news story published Nov. 2 incorrectly reported the Board had already approved the requests in its Nov. 1 meeting. The Nov. 1 action merely set the hearing on the Board’s Nov. 15 agenda. Project documents say partners Linde PLC and NextEra Energy Resources LLC plan to invest up to $1B to…

Even after the withdrawal and extensive revision of its former Kino to DeMoss Petrie Transmission Project, Tucson Electric Power’s replacement plan continues to draw heavy opposition and is generating legal wrangling. Now known as the Midtown Reliability Project, TEP’s proposal calls for a 138-kilovolt line running from a substation at Kino Parkway and 36th Street, past the University of Arizona to the DeMoss Petrie substation near Grant Road and Interstate 10. The key difference between the old and updated projects is the Midtown Reliability Project starts without the line segments proposed in the original. The points of opposition to the…

By Creation Creation has acquired nearly 100 acres in Phoenix with joint venture partner Clarion Partners for the development of a $250M industrial and mixed-use project: Park Algodon. Located on the NWC of Loop 101 and Indian School Road in Phoenix, the off-market deal was handled by Greg Vogel and Max Xander of Land Advisors, who represented both the buyer and seller the John F. Long family. This is one of the last remaining vacant land parcels owned by the late Long. Park Algodon is a two-phase speculative industrial development spread across 86 acres that totals approximately 1.3MSF. Expected to…

By Roland Murphy for AZBEX VanTrust Real Estate is requesting a conditional use permit that will allow for the development of a three-building, 742KSF industrial park on 48 acres of a 59-acre site at the SWC of 99th Avenue and Ballpark Blvd. in Glendale. The master development proposes a mixed-use location with an 11-acre multifamily community on the east and the 48-acre industrial component on the west. The Master Development Plan was awaiting review by Glendale Planning at the time of the Oct. 3 submittal. The request falls under the Main Street Planned Area Development, which was approved in 2007.…