New Hilton Hotel Coming to SDLE’s Entmt District
Source: Curio Collection by Hilton Opwest Partners and Hilton announced a signed agreement that will bring Curio Collection by Hilton to Old Town Scottsdale’s Entertainment District. Adding to the brand’s growing portfolio, the property, developed by Opwest Partners, will increase Curio Collection’s presence in the western United States and around the world. “Curio Collection continues […]
Industry Professionals 08-20-19
Giving Back 1. Stantec, working with Engineers Without Borders USA (EWB-USA) and Community Engineering Corps (CE Corps), has developed a plan with Holbrook leaders to turn a donated piece of property into a 10-acre park. The all-volunteer Stantec design team has created a conceptual park plan and is now moving forward with the design development […]
Commercial Real Estate Transactions 08-20-2019
1. Two Marriott-branded hotels in Scottsdale have sold for a combined of $161M to Starwood Capital Group. Host Hotels & Resorts Inc. sold the 243-room Scottsdale Marriott Suites Old Town, 7325 E. Third Avenue, for $81M and sold the 266-room Scottsdale Marriott at McDowell Mountains, 16770 N. Perimeter Drive, for $80M. 2. Innovatus Capital Partners […]
276-unit Multifamily Dev. Proposed for Gilbert
By Tasha Anderson for AZBEX The Town of Gilbert’s Planning Commission staff received plans for a new multifamily development within Gilbert’s Cooley Station area. Developer, Continental 472 Fund LLC is requesting to rezone approximately 15.27 acres east of the NEC of Recker Road and Williams Field Road from Gateway Village Center with a Planned Area […]
TCC Phoenix Announces Axis Raintree
Source: Trammell Crow Company Trammell Crow Company (TCC) Phoenix has unveiled plans for its newest development, Axis Raintree. The project will include a 175KSF, three-story, Class A speculative office building with a structured garage. Construction is scheduled to begin in October 2019 and will be completed in 4Q 2020. TCC acquired the 8.24-acre site, located […]
Rio Nuevo Approves $65M TCC Renovation Plan
Source: Rio Nuevo At an August 13th special meeting, the Rio Nuevo Board of Directors unanimously approved a $65M improvement plan for the Tucson Convention Center and surrounding campus, including the Tucson Music Hall, Leo Rich Theater and the Eckbo Plaza and Fountain. Rio Nuevo officials will now solicit bids and select a contractor for […]
Ariz. Construction Gained 500 Jobs in July
By Tasha Anderson for AZBEX Arizona’s seasonally adjusted unemployment rate remained constant at 4.9 percent in July, from June 2019, according to the latest report published by the Arizona Office of Economic Opportunity. The national rate remained at 3.7 percent from June. In July 2018, the state had a seasonally adjusted rate of 4.7 percent, […]
Arizona Projects 08-16-19
Awards & Accolades 1. The Kiwanis Park Splash Playground in Tempe was selected as one of the American Public Works Association’s Public Works Projects of the Year for 2019 in the category of Structures Less Than $5M. Dig Studio served as primary landscape architect on the project. Groundbreakings 2. Pan-American Charter Schools groundbreaking was last […]
Final Plans Submitted for Sereno Canyon Phase 4
By Tasha Anderson for AZBEX More plans have been submitted to the City of Scottsdale for the development of Sereno Canyon Phase Four. Luxury homebuilder, Toll Brothers is requesting approval for final building elevations and a landscape plan for a resort lodge building, townhouse, and cottage resort development on a 129-acre site at the NWC […]
Rosemont Mine Delays Will Cost Jobs
By Tony Davis for Arizona Daily Star A local pro-mining group scheduled a mining appreciation event for October, expected to draw at least 450 people paying tribute to an industry employing roughly 7,500 people in Southern Arizona. The theme was going to be “Miracles from Mining,” highlighting what organizers say are its values to the […]