Monthly Archives: December 2016

By David Wichner for Arizona Daily Star Arizona regulators voted last week to scrap so-called net metering for customers with rooftop solar systems in favor of a lower “export rate,” despite the objections of solar advocates. After nearly two years of proceedings the Arizona Corporation Commission voted 4-1 to end so-called net metering, a process […]

Source: Arizona Department of Transportation The Arizona Department of Transportation is moving toward the next phase of creating a modern Ina Road interchange with Interstate 10 in the town of Marana northwest of Tucson. The project, with a total construction cost of $148M, will relieve traffic congestion by widening I-10 and by carrying a widened […]

By Roland Murphy for Arizona Builder’s Exchange Merit Partners, Inc. is moving ahead with plans to create a 722KSF build-to-suit industrial project on a 101-acre rail-served site in Buckeye. A second phase, with approximately 800KSF of area in two buildings, is under consideration for future development. The city’s Planning and Zoning Commission approved the site […]

Awards and Accolades 1. REI’s 400KSF Goodyear distribution center became the first center in 2016 to receive both the LEED Platinum certification and the Net Zero Energy rating. REI worked with Butler Design Group, Rocky Mountain Institute, Merit Partners, Inc., The Renaissance Companies, DMW&H, KNAPP, CBRE and EDF Climate Corps to build the facility and earn the […]

Awards & Accolades 1. Loan officer, Resa Kaiser, of V.I.P. Mortgage received the 2016 Affiliate of the Year Award from the Tucson Woman’s Council of Realtors. 2. Phoenix urban designer and landscape architect Tiffany Halperin has been awarded second place in the This is Phoenix 2016 design competition hosted by the Arizona component of the American Institute of Architects. Halperin […]

By Eric Jay Toll for Phoenix Business Journal Looking back, 2016 is the year of the economic development deal in Phoenix. There’s no question about it on the economy beat. There was a major job-creating capital-investment deal in every month of the year. Trying to pick highlights was a real challenge. There are a lot […]

Source: City of Tempe Stantec Consulting Services, Inc. has been named to provide design services for the $177M Tempe Streetcar project, according to a joint announcement last week from Valley Metro and the City of Tempe.  The Valley Metro Board of Directors approved the contract Dec. 15. “Stantec brings tremendous experience and talent to our […]

By Roland Murphy for Arizona Builder’s Exchange Following voter approval of a request for up to $35M in the Nov. 8 election, the Colorado River Union High School District is moving ahead with plans for a $27M event center. The initial specifications for the project call for: A 165-200KSF indoor football arena with 5,000 bleacher […]

By Roland Murphy for Arizona Builder’s Exchange   It’s the end of the year And we all want to play But requests need responses Before New Year’s Day   Each year we call out All the fun-stopping Grinches Who into Holiday breaks Throw hard deadline wrenches   On 12-27 Four submittals are due Chip seal […]

Sales Transactions 1. Oaktree Capital Management L.P.  is teaming up with Cypress Office Properties to buy almost all of the office space in the Renaissance Square towers located in downtown Phoenix. The joint venture partners will pay an estimated $152M ($157/sf) to buy the project in a deal set to close this month. The two-building, office plaza is comprised of […]