SoSco Continues to Transform with Mixed-Use Project
By Rebekah Morris for AZBEX A rezoning case has been submitted to the City of Scottsdale that would pave the way for a mixed-use development located at 1000 N. Scottsdale Road, the NWC of Continental Drive and Scottsdale Road. The property is south of Papago Plaza and McFate Brewing Company, across the street and slightly […]
Residences Planned Adjacent to Hotel Valley Ho
By Rebekah Morris for AZBEX Mainstreet Scottsdale LLLP has submitted plans to the City of Scottsdale for rezoning and site plan approval to build 121 luxury apartments and nine townhome units on a 2.60-acre parcel directly east of Hotel Valley Ho in a project only known as Mainstreet Residences. Project Description The Scottsdale Residence project […]
Industry Professionals 09-17-19
Awards & Accolades 1. Sundt Construction, Inc. ranks No. 52 on the National Center for Employee Ownership’s Top 100 largest majority-employee-owned companies list. In 1972, Sundt established an Employee Stock Ownership Plan (ESOP), and today the company is 100 percent employee owned. 2. Corbins Electric has been selected as the 2019 Specialty Contractor of the […]
Commercial Real Estate Transactions 09-17-19
Sales Transactions 1. CBRE has arranged the sale of the 340-unit Class A multifamily community Summerly at Zanjero, 7375 N. Zanjero Blvd, Glendale, on behalf of Fore Property to a private investor for $78.5M. 2. JLL Senior Vice Presidents Tivon Moffitt and Peter Bauman, and Executive Vice President Steve Larsen, represented MRM Tempe LLC, in […]
Gentry on the Green Planned for Hayden & Camelback
By Rebekah Morris for AZ Builder’s Exchange A major General Plan Amendment (GPA) and rezoning cases are concurrently being reviewed by the City of Scottsdale that would bring a large new multifamily development to the southwest corner of Hayden and Camelback Roads in Scottsdale. The development team consists of ColRich, a residential developer based in […]
SanTan Village Adding Vedura Apartments
By Rebekah Morris for AZ Builder’s Exchange At the southeast corner of SanTan Village Parkway and Coronado Drive, Vedura Residential proposes to construct 214 luxury apartments to add to the 586-acre mixed-use project. Reflecting an increased density consistent with the large population growth in that part of the Valley, the Town of Gilbert Planning Commission/Design […]
Project Coming Near Chandler Fashion Center
By Gary Nelson for East Valley Tribune One of the last big empty pieces of land near Chandler Fashion Center may not be empty much longer. A family-owned company called VanTrust Real Estate LLC is asking the city for permission to build a large mixed-use complex on the southeast corner of Chandler Boulevard and Price […]
Arizona Projects 09-13-19
Groundbreakings 1. Creighton University will hold a groundbreaking ceremony at their new $100M building within the redevelopment at Park Central, located at 3100 N. Central Avenue., on September 25th. Construction of the building started in July 2019. 2. Marwest Enterprises has commenced construction on the first phase of Landing 202. The first phase totals 605KSF […]
North Phoenix Biomedical Campus Takes Shape
By Rebekah Morris for AZ Builder’s Exchange, LLC Investment in the North Phoenix Biomedical Corridor continues from both private industry and public agencies. Significant employers expanding their physical presence in the Corridor include Mayo Clinic, American Express, and Nationwide Insurance slightly to the East. North of the L101 freeway is poised to see significant future […]
Banner, NexCore plan Health Center in Glendale
Source: NexCore NexCore Group has been chosen to develop Banner Health’s newest multispecialty health center. The three-story, 130KSF Banner Health Center will be located in the Aspera mixed-use development near the Agua Fria Loop 101 Freeway and 75th Avenue, in Glendale. The Class A facility will be developed on a portion of 17.5 acres owned by […]