Monthly Archives: March 2019

By Tasha Anderson for AZBEX The City of Goodyear received requests to rezone approximately 159 acres on the west side of Bullard Avenue for the development of yet another new data center. Compass Data Centers submitted a request to rezone 103 acres at the NWC of Bullard Avenue and Yuma Road, extending to about half […]

By Sammy Williams for AZBEX Aspirant Development of Scottsdale is banking on the Uptown Phoenix revitalization boom with the announcement a 650-unit self storage facility. Uptown 7th Self Storage will be located at 6316 N. 7th Street, on the SWC of 7th Street and Maryland Avenue. The facility consists of a single building, two stories […]

Giving Back 1. Tour de Ren kicks off on Friday, April 26, from 3:00 pm – 5:00 pm to raise money for the patients at Phoenix Children’s Hospital. This high-energy outdoor spin cycle event is being held at Renaissance Square, located at Central and Washington in downtown Phoenix, and generously hosted by Oaktree Capital Management, […]

Groundbreakings 1. Property Markets Group began demolition on a surface parking lot and one-story building at 200 W. Monroe St. on March 11. Construction begins in June, and the new 20-story, 253-unit apartment complex, dubbed X Phoenix, is expected to open in 2021. 2. American Care Concepts has announced the groundbreaking of Countryside Senior Living, […]

By Tasha Anderson for AZBEX Diversified Partners is planning to build a 59.3KSF shopping center on 11.2 acres at the NEC of Val Vista Drive and Pecos Road in Gilbert. Two submittals, a request to approve a Preliminary Plat and open space plan and a Design Review application, were discussed at the Town of Gilbert’s […]

Sales Transactions 1. Cushman & Wakefield’s Executive Managing Directors, David Fogler and Steven Nicoluzakis represented Alliance Residential Company in the sale of Broadstone Roosevelt Row, 330 E. Roosevelt St., Phoenix. Roosevelt Row Apartments LLC – an entity formed by Weidner Investment Services, Inc. – purchased the property for $84.2M. 2. ABI Multifamily has announced the […]

By Tasha Anderson for AZBEX On Wednesday, Phoenix city council voted to indefinitely suspend – and most likely kill – development of a light rail route planned along Camelback Road between 19th and 43rd avenues in West Phoenix. The vote was in response to a citizen petition submitted by Phoenix resident and former councilwoman, Peggy […]

By Sammy Williams for AZBEX Developer, The Dinerstein Companies of Houston is doubling down on their investment in student housing near the University of Arizona by proposing a new, 130-unit high-rise just two blocks from campus. The eight-story building, dubbed Aspire Tucson Phase II, is directly west of Aspire Tucson, a 12-story community set to […]

Giving Back 1. McCarthy Building Companies, Inc. is tapping the talent in universities throughout the U.S. in its 3-year-old Intern Advantage Program. McCarthy managers said the program improves the image of construction work as a good career move and also lets the company get a look at possible future employees. Awards & Accolades 2. Horatio […]

Groundbreakings 1. Sundt Construction, Inc. recently started construction on the University of Arizona Student Success District in Tucson. The project will transform the Main Library, the Science-Engineering Library, and Bear Down Gym, while adding a new four-story student success building into an interconnected district, which will provide indoor and outdoor spaces. The project is being delivered […]