Design Firm Wanted for Tucson Public Safety Complex
By Tasha Anderson for AZBEX The City of Tucson is looking to build a new Public Safety Complex at 4410 South Park Avenue and has recently issued a Request for Qualifications for professional design services. The project, called the Southside Public Safety Complex, will replace the existing Santa Cruz Police Substation and Fire House 10 and bring them both under one roof. The project […]
COVID-19 News Round-up for December 4th
Budget, Policy & Stimulus News Senators Propose $908B in New Relief Following an appeal from Federal Reserve Chairman Jay Powell, a bipartisan group of senators has proposed $908B in new relief and stimulus spending in the wake of the ongoing COVID-19 pandemic. Components of the package include $288B in small business aid, $180B in unemployment benefits and $160B for state […]
ABA Spearheading Toy Drive for Area Children
By Arizona Builders Alliance The Arizona Builders Alliance is calling on construction workers across the state to help them make a difference in the lives of hundreds of children in need this holiday season. The ABA Community Service Board’s 2020 Toy Drive has begun collecting toys, gifts, and donations for five nonprofit organizations that serve more than 880 children and developmentally […]
Arizona Projects 12-04-20
Awards & Accolades 1. The Sycamore Elementary & Corona Foothills Middle School solar project recently named Most Inventive by Solar Builder’s Editor’s Choice Awards 2020. Developed by SOLON Corporation in partnership with Vail School District, the project includes two large solar superstructures totaling over 28KSF. Groundbreakings 2. The Opus Group announced the start of construction on Goodyear Airport 85, a 275KSF speculative industrial development at North Litchfield Road […]
Goodyear OKs 288-unit Multifamily Development
By Tasha Anderson for AZBEX Allante Development, LLC, an affiliate of Denver-based Allante Properties, LLC recently received approval from Goodyear City Council to develop a 288-unit multifamily community at the NWC of Van Buren Street and Sarival Avenue. The project, known as Cascade Falls at Canyon Trails, will sit on approximately 12.2 acres of underutilized […]
COVID-19 News Round-up for December 1st
Budget, Policy & Stimulus News Tucson Budget Remains Healthy Tucson’s municipal budget is faring better than originally projected at the onset of the pandemic crisis, bolstered in part by revenues from online purchases and construction activity. The city also still has approximately $17M in federal CARES Act funds to spend before the end of the […]
Banner Sports Medicine Center Announced
Alter, one of the nation’s leading commercial real estate developers, announced a $54M, three-story, 80KSF comprehensive sports medicine center at its Riverwalk at Talking Stick mixed-use development, located along the Loop 101 at Indian Bend Road in Scottsdale. “We are pleased to welcome Banner Health to the Riverwalk development,” said Richard M. Gatto, executive vice […]
West-MEC CTE Program Helps Shrink Labor Shortage
America is dealing with an unprecedented shortage of skilled labor. The Department of Labor reports that while there are 7.6 million unfilled jobs, only 6.5 million people were looking for work. This is the same situation in Arizona. The industries seeing the largest talent gap are construction, healthcare and personal care, followed by computer and […]
Industry Professionals 12-01-20
Giving Back 1. For the past 15 years, Michael Pollack of Pollack Investments has supported Bishop Tyronne Stowe’s annual Thanksgiving meals for those in need and this year the giving continues. Pollack has donated all the necessary funds to cover 250 Family Boxes of Thanksgiving Meals To-Go. Company News 2. One year ago, global leaders […]
Commercial Real Estate Transactions 12-01-20
Sales Transactions 1. An undisclosed buyer purchased The Retreat at the Raven, a 192-unit garden-style multifamily property at 3606 E. Baseline Road, Phoenix, for $49.2M. Senior Managing Directors Mark Forrester and Ric Holway and Senior Director Dan Cheyne of Berkadia’s Phoenix office represented the seller, a private Arizona investor. Berkadia also secured acquisition financing through […]