Economic Development

By Rebekah Morris for Arizona Builder’s Exchange, LLC By many business measures, 2018 was a great year. The Arizona construction market certainly saw shimmering doodads and shiny whatchamacallits at every turn. While we’ll go into much greater depth — with targeted data and detailed analysis — at our Construction Activity Forecast event next Thursday, January […]

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 impossible to deny. Valley Metro last week released, “Building Communities and Enhancing Lives: A Quality of Life Report,” detailing the […]

By Roland Murphy for Arizona Builder’s Exchange Recent commercial real estate movements in the area of 12th Street and The Grand Canal have tongues wagging and rumors flying about the future of development near the Grand Canalscape redevelopment zone. NAI Horizon announced earlier this week it negotiated the $7M sale of “the largest multifamily-zoned land […]

By Rofida Khairalla for Coolidge Examiner Saint Holdings, a Pinal County land holding corporation, has big plans for Coolidge. At Wednesday’s Chamber of Commerce luncheon, Matthew McCormick, VP of acquisitions for Saint Holdings LLC, presented on what the company hopes to bring to the expanding city. One future development would be on approximately 11,000 acres […]

By Roland Murphy for Arizona Builder’s Exchange The economy is strong on paper with excellent stats on stocks and employment, even if the benefits the average American usually enjoys in those circumstances, such as wage growth and competitive options, are still lagging. While investment abounds, the ongoing and increasingly rancorous battles between the President, Congress […]

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 “The East Valley had a large number of dairies, and they’ve all been replaced by development,” he said.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 Heather Smathers for Casa Grande Dispatch A proposed amusement park and retail hub stands to receive $124M in sales tax rebates from the city. Dreamport Villages, a 1,500-acre development that would include several theme park attractions, would receive the rebates as part of a development agreement with the city. All money would be in […]

By Saundra Wilson for Phoenix Business Journal Six projects out of Arizona State University’s Ira A. Fulton Schools of Engineering won awards from the U.S. Department of Energy this month, receiving a total of about $4.3M. The awards, part of the Department of Engery’s SunShot Initiatives, were awarded to projects working to develop affordable, inventive solar power […]

Source: Phoenix Rising Football Club Continuing its push for a Major League Soccer expansion team, Phoenix Rising Football Club has announced that Goldman Sachs has been retained as structuring agent for the financing of its proposed climate-controlled MLS stadium. “We are thrilled Phoenix is among the leading expansion markets for MLS,” said Brett M. Johnson, Co-Chairman and Alternate […]

By Roland Murphy for Arizona Builder’s Exchange When the federal government turned the former Williams Air Force Base over to the now Phoenix-Mesa Gateway Airport Authority, it was an expansive 3,000 acre parcel well away from the major population centers of greater Phoenix. Over the past 25 years, what is now Phoenix-Mesa Gateway Airport has […]