Design-build firm Clayco Inc. has announced it is relocating its residential business headquarters to Phoenix. Clayco has a variety of projects in development around the Valley, including Skye on 6th, a 25-story tower at Sixth …
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 Jeanine Jerkovic for City of Surprise When you’re a city called “Surprise,” it’s safe to say that constant change is a bit of a norm, however 2020 accelerated more change than ever for us – and somewhat …
By Tasha Anderson for AZBEX Another luxury multifamily development is being proposed for the Kierland area in Phoenix. In November, The Related Group submitted plans to the City of Phoenix in order to redevelop two underutilized single-story office …
By Richard Dyer for Independent Newsmedia A massive planned sports-oriented complex north of Florence will be adjacent to the future North-South Corridor connecting U.S. Highway 60 in Apache Junction to Interstate 10 in Eloy. The Town Council …
Source: Rider Levett Bucknall International property and construction consultancy firm Rider Levett Bucknall has released its latest RLB Crane Index and Quarterly Cost Report. Together, the two documents provide an insightful look at the North American construction industry in 14 key markets. “The pandemic-induced recession is going …
Source: Associated Builders and Contractors The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data by the U.S. Bureau of Economic Analysis. …
By Suzanne Adams-Ockrassa for Casa Grande Dispatch The Francisco Grande resort has big plans to expand in the next few years. The Casa Grande Planning and Zoning Commission recommended approval of a plan by Francisco Grande to develop a mix …
By Tasha Anderson for AZBEX Plans for a new residential mixed-use development to be located at 7000 E. McDowell Road have recently been submitted to the City of Scottsdale. National real estate development firm, Hawkins Companies is requesting …
Source: Marcum LLP The Marcum Commercial Construction Index for the fourth quarter of 2019 reports healthy levels of construction spending, in large part due to the ongoing strength in infrastructure-related categories. Nonresidential construction spending stood at an …
By Roland Murphy for Arizona Builder’s Exchange Despite ongoing challenges and concerns in various parts of the Valley, the economic growth generated as a byproduct of the Light Rail’s introductions and various expansions have proven …
By Roland Murphy for Arizona Builder’s Exchange A nearly 60-year-old, 152-unit apartment complex near the gateway to the University of Arizona main campus in Tucson would make way for a residential/hospitality/retail mixed-use development under a …
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