COVID-19 News Round-up for September 25
Budget, Policy & Stimulus News Double-dip Recession Possible Without New Stimulus The U.S. economy is at a crossroads, with some analysts saying a failure by Congress to pass another stimulus package, even as the COVID-19 pandemic continues to spread, would tip the nation back into recession. Lawmakers remain deadlocked over a measure to provide another round of $1,200 checks to most […]
MS Uses AR for Water-efficient Data Center Design
By Yevgeniy Sverdlik for Data Center Knowledge Microsoft is using its data center construction project in Arizona as a showcase for both the company’s new focus on water conservation and the power of its HoloLens augmented reality hardware in combination with Azure. Along with rolling out publicly an aggressive goal to put more fresh water back into the regions where it operates than its […]
Subleasing, Rent Pressures Equal Trouble for Office
By Rayna Katz for GlobeSt.com Given corporate America’s reluctance to return to offices rather than work from home, current conditions in office properties—and the likely near-term future—are looking bleak. Looming excess supply on the horizon will also be a problem, according to a new report on the top 25 US Office Markets from Colliers International. All told, the mid-year research stated, […]
Arizona Projects 09-25-20
Awards & Accolades 1. Engineering News-Record (ENR) Southwest selected the $275M, 670KSF Banner – University Medical Center tower and the Interstate 10 (I-10) interchange at Ina Road as the 2020 best Healthcare and Highway/Bridge projects. Both projects were completed by Sundt Construction, Inc. with DPR Construction partnering with them on the Banner project. 2. Floor Associates received one of the most prestigious awards in landscape architecture – the Honor Award in Residential from the American Society […]
Army Seeks GC for FT Huachuca Equip. Facility
By Tasha Anderson for AZBEX After being put on “indefinite hold” last year and having two years of market research, The United States Army Corps of Engineers (USACE) is finally looking for a general contractor to build a Ground Transport Equipment Facility in Fort Huachuca. The facility will be located at 2387 Hatfield Road and will include a vehicle maintenance/equipment shop, wash platform, organizational […]
COVID-19 News Round-up for September 22
Budget, Policy & Stimulus News Will Latest Stimulus Proposal Stop Housing Crisis? The $1.5B bipartisan stimulus proposal from the bipartisan House Problem Solvers Caucus offers another round of $1,200 stimulus checks and other cash assistance for those in need as the COVID-19 recession wears on. But it’s unlikely the proposal would stop a potential wave of evictions and foreclosures next year if […]
Habitat Offering 16-week OTJ Program
Source: Habitat for Humanity Habitat for Humanity CIT pre-apprenticeship program is a 16-week, fast track, on the job training program. The program is uniquely designed as an immersive and intensive curriculum that specializes on basic core construction fundamentals, leadership and soft skills development for participants ages 18 and over that are disenfranchised, underserved, underemployed and at-risk of being left out […]
Phoenix #2 in Data Center Growth
Source: JLL COVID-19’s impact on public safety and stay-home orders drove significant demand for immediate digital connectivity around the world. JLL’s 2020 Mid-Year Data Center Outlook finds data centers’ resiliency and reliability established the sector as one of the few to perform strongly during the first half of the year. According to the report, Phoenix ranks as a top […]
Industry Professionals 09-22-20
Giving Back 1. The David R. Sellers Foundation has funded several nonprofits during the COVID-19 pandemic and officially launched its website. During the COVID-19 crisis, it has funded seven organizations, which include Global Orphan Hope, UMOM, Phoenix Rescue Mission, Child Crisis Center, The Joy Bus, Children’s Advocacy Center of Collin County, and Amanda Hope. Awards & Accolades 2. Kedrick Ellison, a project manager with the City of Phoenix’s Economic […]
Commercial Real Estate Transactions 09-22-20
Sales Transactions 1. Fundamental Income announced its acquisition of vehicle inspection and emissions testing centers for ~$56M from Opus Group AB. Opus, which is leasing the properties back from Fundamental, will continue uninterrupted operations at the sites as part of the company’s testing network. The sale leaseback transaction allows Opus a total lease term of up to 35 years. 2. Fundamental […]