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BREAKING NEWS REPORT – 8/17/20

Report Description: Upcoming project leads and sneak peeks of business opportunities. Mesa Public Schools has two active CMAR RFQ’s for high school renovations, each valued at approximately $30M. ASU has released a large design-build opportunity for a new education building. The City of Tempe expects to have development RFP’s released in October, 2020. HonorHealth is developing a 25KSF new urgent care/outpatient facility. Tucson’s East Valencia Shopping Center is likely to change into a new project entirely by the end of the year. Reunion Rehab Hospital is selecting a GC soon. Zora Encanto is projecting a January 2021 groundbreaking.

COVID-19 related Headlines

COVID-19 News Round-up for November 20th

Economic News  Good News in Affordable Housing  A recent report from MRI Software offers some hope for the affordable housing sector. Rent payments last month reached past 80 percent year-over-year

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COVID-19 News Round-up for November 6th

Budget, Policy & Stimulus News  New SBA Forms Raise Concerns  The Small Business Administration wants approval to send revised Paycheck Protection Program loan questionnaires to businesses that received more

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Arizona Cities See Higher Rents

While Apartment List’s National Rent Index is down 1.4 percent over the last year, rents in Tucson have increased 4.7 percent since the start of the COVID-19 crisis. Since March, Tucson’s

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COVID-19 News Round-up for October 30th

Budget, Policy & Stimulus News  Litchfield Park Revises Business Assistance Program  Litchfield Park has eased the requirements for businesses and nonprofits seeking COVID-19-related relief grants under its Business

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