Monthly Archives: February 2018

By Peter Madrid for MadridMedia  A reflection of a world we don’t know. A space mission to a metal asteroid. Autonomous vehicles. A new spin on Arizona’s Five Cs. A new “aha” moment. Artful neighborhoods.   ULI Arizona’s 13th annual Trends Day, held at the J.W. Marriott Phoenix Desert Ridge Resort & Spa and titled “Inform Inspire Involve,” highlighted a theme that some of the best ideas to build […]

By Roland Murphy for Arizona Builder’s Exchange  The City of Maricopa is looking for a developer “to transform the Copper Sky Commercial Site into a high quality mixed-use destination.”   It issued “RFP18-ED01242018 Copper Sky Commercial Site Development” outlining its desires for the project. Proposals are due March 22.  The property to be developed is approximately 18 acres on two parcels […]

By Jane Stewart for Arizona Builder’s Exchange  An application for a Special Use Permit has been filed to bring another solar project to Yuma County.   Rich Hamilton, agent for Invenergy Solar Development, LLC, filed the application for the Yuma Solar Energy Project that would sit on approximately 680 gross acres of land Invenergy is leasing from the Arizona State Land Department.   The acreage sits […]

Sales Transactions  1. Cushman & Wakefield completed the sale of the Carlyle at South Mountain Townhomes & Apartments, located at 5151 E. Guadalupe Road and 5102 E. Piedmont Road in Phoenix. Two entities formed by Western Wealth Capital of North Vancouver, British Columbia purchased the property from entities formed by FPA Multifamily for $90M. Steven Nicoluzakis and David Fogler of Cushman & Wakefield brokered the […]

By Rebekah Morris for Arizona Builder’s Exchange “Heard that from the Owner?” Yep. “Can we quote them?” Yep. “Good enough for me. Let’s go.” For the Digital Magazine, that’s how we roll. No additional confirmation of a project needed if the word comes direct from the person who will make the project happen. It’s likely […]

By Roland Murphy for Arizona Builder’s Exchange Another company is looking to capitalize on the logistical advantages the Loop 202 South Mountain Freeway will bring to the West Valley. Trammell Crow Company has submitted a rezoning request to the City of Phoenix for 37.8 acres on South 59th Avenue south of Lower Buckeye Road to […]

By Roland Murphy for Arizona Builder’s Exchange Downtown Phoenix is about to be overrun with zombies, and the skyline will never be the same. Fortunately, these are the types of returns from the dead that developers and economic planners love to see. Two projects that languished at death’s doorstep for years have rumbled back to […]

Groundbreakings 1. The Westin Tempe has officially broken ground in Downtown Tempe on Seventh Street between Mill and Myrtle avenues. Developed by CAI Investments, the 18-story Westin Tempe will be a full-service business hotel. 2. Ottawa University-Arizona officially broke ground on its new athletics center last week. The O’Dell Center for Athletics was made possible from a $6M […]

By Roland Murphy for Arizona Builder’s Exchange (EDITOR’S NOTE: This story was intended to run last Friday in our last issue of the volume year. Due to a couple technical issues, that didn’t happen. So, since the AZBEX crew is nothing if not adaptable, we’ve updated it a bit and are pleased to offer our retrospective […]

Jane Stewart for Arizona Builder’s Exchange Developer Park7 Group, through Huellmantel & Affiliates, has requested a Zoning Map Amendment from the City of Tempe in the hopes of developing two parcels along Apache Boulevard. The project, known as Park Place, is a proposed mixed-use development comprised of two, five-story buildings that offer 285 dwelling units, […]