Industry Professionals 09-24-19
Awards & Accolades 1. The Walsh Group is ranked as the No. 1 Water Treatment and Desalination Plant Contractor in the United States, according to the 2019 rankings from Engineering News-Record (ENR) magazine. The company has been listed as the top-ranked water treatment and desalination plant contractor since 2014. 2. Dr. Sheila D. Harris, Founding […]
Commercial Real Estate Transactions 09-24-19
Sales Transactions 1. MG Properties Group recently paid $110.25M for the 512-unit Biscayne Bay Apartments, 300 E. Warner Road, Chandler, from AllianceBernstein US Real Estate Partners. 2. Broadstone Real Estate paid $90.2M for two Hensley Beverage Co. properties in metro Phoenix. One is a 305.9KSF Hensley industrial building at 4201 N. 45th Avenue, Phoenix, and […]
Luxury Multifamily Proposed for 54th St & Washington
By Tasha Anderson for AZBEX A unique, urban-style luxury multifamily residential development is being proposed just east of the SEC of Washington Street and the Loop 202 Freeway in Phoenix. Applicant and Land Use Attorney Earl, Curley & Lagarde, P.C., on behalf of Santa Monica-based Banyan Residential, submitted a request to the City of Phoenix […]
Legacy Traditional Schools Expands to Surprise
Source: AZ Big Media Legacy Traditional Schools is building a second school in the Surprise area, located at Cactus Road and Cotton Lane. The West Surprise school, which is Legacy’s 16th Arizona campus, is scheduled to open in the fall of 2020. Legacy Traditional School – West Surprise will open its doors at a brand […]
ADOT Seeks Input for SR 87 Improvements
Source: Arizona Department of Transportation The Arizona Department of Transportation wants your input on potential projects to improve safety and mobility on State Route 87 between Fountain Hills and Payson, a popular route for those traveling to the high country. ADOT is conducting a Corridor Development Study along the 59-mile stretch of SR 87 to […]
Forest Service Seeks Bids to Thin Trees
By Felicia Fonseca for Arizona Daily Sun The U.S. Forest Service, faced with the slow pace of forest thinning, is seeking proposals to remove dense stands of trees in a wide swath of Arizona to help prevent wildfires. The work is part of the Four Forest Restoration Initiative, the largest project of its kind within […]
Construction Contractors Less Confident in July
Source: Associated Builders and Contractors U.S. construction industry leaders’ confidence diminished somewhat in July 2019, yet they remain optimistic regarding nonresidential construction’s near-term prospects, according to the Construction Confidence Index released by Associated Builders and Contractors. While contractor confidence regarding sales, profits and staffing levels declined for a third consecutive month, all three principal components […]
Arizona Projects 09-20-19
Groundbreakings 1. A block party and groundbreaking ceremony will be held on October 7th to celebrate the beginning of construction on Thunderbird School of Global Management’s $75M, state-of-the-art global headquarters facility on Arizona State University’s Downtown Phoenix campus. Jones Studio, Inc. is the architect and Okland Construction is the general contractor. Construction is expected to […]
Major Redesign Proposed for Florence Town Park
By Mark Cowling for Florence Reminder Blade-Tribune After developing in a mostly haphazard fashion for almost 30 years, there’s now a proposal for master planning Heritage Park for a more rewarding experience. The three baseball fields will remain, but visitors will also be attracted to a new 1.4-acre lake. Big lawns on both the east […]
208-unit Apt Complex Planned for Chandler Site
By Tasha Anderson for AZBEX DBM Ventures is planning a new multifamily development on a vacant site at the SEC of Nevada Street and Commonwealth Avenue in Chandler. The Chandler City Council discussed a request for preliminary development plan approval for the project and an Area Plan Amendment from Business Park/Light Industrial to High Density […]