Monthly Archives: October 2017

By Yihyun Jeong for The Arizona Republic Picture handing a car salesman a fat wad of cash. With no say in the make, model or color of the vehicle, you’re presented with a brand-new car in which you’ve had no input. That’s how one parent views the contentious rebuild of Hopi Elementary School in Phoenix. “The folks […]

By Tristan Ettleman for The Arizona Republic New light-rail stations connecting the current line with future lines that will go south and west are coming to downtown Phoenix, creating a centralized transfer hub for Valley commuters. The Phoenix City Council last month approved building two additional stations west of Central Avenue on Washington and Jefferson streets, as well […]

By Roland Murphy for Arizona Builder’s Exchange The City of Phoenix has released its first progress report detailing plans launched and goals met during the Transportation 2050 initiative’s first 18 months of operation. T2050 was approved by voters in August, 2015 to fund aggressive expansion for the city’s long-term transportation goals. The city sales tax […]

Sales Transactions 1. A venture between Equus Capital Partners and iStar Inc. purchased McDowell Mountain Business Park, a 255.6KSF property in Scottsdale, for $53.15M. McDowell Mountain Business Park is a Class A office complex comprised of two identical three-story office buildings. The asset was acquired as an REO property from RAIT Financial Trust. The acquisition […]

By Rebekah L. Sanders for The Arizona Republic Gov. Doug Ducey has promised to stop taking $30M in transportation money annually from Arizona cities and counties to balance the state’s budget. The promise is a win for local governments still smarting from revenue declines during the Great Recession. It came months ahead of the start […]

By Lily Altavena for The Arizona Republic As he looks out at acre after acre of his dairy farm, Jim Boyle Jr. is not wistful at the idea of leaving the land his family has farmed for 40 years. He’s hopeful. “The East Valley had a large number of dairies, and they’ve all been replaced by development,” he said. “Which, you […]

By Roland Murphy for Arizona Builder’s Exchange Having covered a lot of stories that featured real violence early in my career, I try to avoid military/violent adjectives when it comes to stories about business squabbles. However, the recent turns and twists in the ongoing feud between CoStar and Xceligent are best described with terms like […]

Awards & Accolades 1. The American Public Works Association selected the Arizona Department of Transportation’s $30M Virgin Bridge No. 6 improvement, completed last year, as Project of the Year among transportation projects worth between $25M and $75M, with ADOT as the managing agency, Pulice-Wadsworth Brothers Joint Venture as primary contractor and Jacobs as primary consultant. Groundbreaking […]

Giving Back 1. Jerry Barnier, founder and principal at Suntec Concrete, and his wife, Julie Johnson, principal for Avison Young, dedicate their time to improving the lives of youth through Teach For America, a nonprofit organization that recruits and sponsors individuals to help bridge the education gap and work toward equality and excellence in public schools. Awards and Accolades […]

By Wayne Schutsky for East Valley Tribune The Greenfield Water Reclamation Plant will undergo a $48M expansion to increase capacity and provide increased wastewater treatment services for Mesa and Gilbert. Mesa, Gilbert and Queen Creek share ownership of the plant, which began as a lift station in 1999. The facility later underwent a Phase II […]