The Mesa Planning and Zoning Board has voted to recommend site plan review approval for 3.0 at Eastmark, a proposed 208-unit apartment development on nine acres at the NEC of Ray Road and Bradley Drive. …
By Roland Murphy for AZBEX After extensive discussion and community outreach, a multifamily tower in a major north Phoenix intersection has earned its first recommendation for approval. Developer The Hampton Group has proposed a 14-story, …
Developer Real Estate Equities has proposed adding 312 new workforce affordable apartment units to the growing area of north of the Maricopa-Casa Grande Highway. Pre-application documents filed with the City of Maricopa show the site …
As the West Valley continues its rapid and expansive growth, cities in the area are running into the realities of an inadequate housing supply, particularly in multifamily. Buckeye, the nation’s fastest growing city, has not …
By Roland Murphy for AZBEX Banyan Residential has begun the submittal, review and approval process for its latest Phoenix development. According to a project narrative submitted to the City of Phoenix on September 23rd, Banyan …
By Rebekah Morris for AZBEX Materials shortages and delays in permitting may be finally having an impact on the total market as two of the last three months are showing Year-over-Year declines in construction activity …
By Rebekah Morris for AZBEX The Kingman Regional Medical Center is looking for a team to jointly design and build a 32-unit multifamily development in Mohave County to house traveling nurses and doctors. While details …
Utah-based Chromatic Resorts wants to create a resort-based development with extensive waterways on 741 acres in Cottonwood. In his presentation to the Cottonwood Planning and Zoning Commission and City Council, Chromatic Resorts’ Bruce Barrett explained …
By Roland Murphy for AZBEX Goodyear as a maturing market? Check. Explosive growth in the West Valley generally? Check. Massive expansion in the Build-To-Rent market? Check. A mad scramble to build enough traditional multifamily units …
By Roland Murphy for AZBEX Planned apartments part of $1.15B in new development along 202’s 59th Avenue leg Developer P.B. Bell is the latest to add its name to the growing list of companies contributing …
In response to a request from the City of Tempe, The Arizona Coyotes have proposed creating a $1.7B mixed-use development that features an arena, hotels, multifamily and retail. The team plans to finance the area …
Having recently sold off The Stewart luxury apartment development on Central Avenue for $125.5M, The Empire Group/Aspirant Development is setting its sights on building Arizona’s tallest tower: The Astra Phoenix. The proposed 47-story, 535-foot tower …
The need for new housing units in the Phoenix area is greater than at any point in recent memory. Demand has steadily outpaced supply, leading to year-over-year rent increases of 17.7 percent in May and …
By Rebekah Morris for AZBEX Holoualoa Companies has plans in a bustling area of north Tempe for workforce housing in the form of a 129-unit multifamily development. The 2.06-acre complex at the NWC of Farmer …
Arizona is one of several locations under consideration for a $400B utopian smart city project planned by billionaire former Walmart executive Marc Lore. His vision for Telosa would create a sustainable city covering approximately 150,000 …
ColRich has filed its requests for the first phase of redevelopment to create the Gentry on the Green mixed-use on Hayden and Camelback roads in Scottsdale. The site is currently occupied by a traditional multifamily …
Even with homebuilding in the Phoenix area projected to hit its highest levels in nearly a decade-and-a-half, and multifamily building hovering near records, the Valley’s nearly insatiable demand continues to send prices and rents soaring …
By Tasha Anderson for AZBEX Overland Group, Inc. is looking to develop a horizontally integrated mixed-use project with commercial and residential uses on a vacant 22.6-net acre property at the NWC of Avondale Boulevard and …
By RENTCafé RENTCafé‘s most recent Apartment Construction Report ranks the Phoenix metro in third place for the projected number of units to be built by the end of year, an increase of 76 percent from 2020. At national level, developers are …
By Tasha Anderson for AZBEX The Hotel Tucson City Center, a 279-room hotel at 475 N. Granada Avenue, is expected to be transformed into a new 15-building, 364-unit multifamily residential development called CITYcenter. Lazarus & …
By Tasha Anderson for AZBEX The Navajo Health Foundation – Sage Memorial Hospital is set to develop a new 176KSF campus in Ganado and has recently issued a Request for Proposals for an Owner’s Representative …
Apartment rents in Tucson went up two percent in the last month, according to data from Apartment List. Year-over-year, rents in the city have increased 13.5 percent, and rents have increased every month for the …
By Tasha Anderson for AZBEX A new multifamily development is being planned on approximately 18 acres of underutilized land within the Cavasson Master Plan site in Scottsdale. Plans were recently submitted to the city and …
Development for the Kino Sports and Entertainment Complex, recently took a step forward, with the Pima County Board of Supervisors approving a development plan with Knott Development, along the proposed business plan for the project. …
By Tasha Anderson for AZBEX More luxury residential units are being planned for the Kierland area in Phoenix. Developer, Mill Creek Residential, is looking to build Modera Kierland, a seven-story luxury multifamily and retail development located at …
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