AZ a Leader of Installed US Corporate Solar Projects
By Hayley Ringle for Phoenix Business Journal As solar investments by businesses grow across the U.S., Arizona is a leader with 148 megawatts of installed corporate solar projects, according to a recently released report. The Solar Energy Industries Association’s 2018 Solar Means Business Report, released July 25, said tech giant Apple Inc. is now the […]
Despite Concerns, Scottsdale’s High Office Blding Ok’d
By Wayne Schutsky for Scottsdale Progress A proposed 150-foot downtown office building surpassed a major hurdle on July 10 when it received thumbs up from the Scottsdale Planning Commission. Still, The Marquee, a class-A office building that would sit just north of the Scottsdale Galleria Corporate Centre on Scottsdale Road, did not win over every […]
Industry Professionals 07-30-19
Giving Back 1. The Tucson office of engineering consulting firm Terracon recently presented a $3,500 check from its foundation to Tucson Clean and Beautiful, which will use the money for its youth environmental leadership mentoring program. 2. Coe & Van Loo Consultants coordinated a clay shooting event to benefit Arizona Friends of Foster Children Foundation. […]
Commercial Real Estate Transactions 07-30-2019
Sales Transactions 1. Institutional Property Advisors (IPA) announced the sale of Sonoma Sol, which will be renamed “Cordova Apartments,” a 320-unit multifamily property in Phoenix’s West Valley. The asset sold for $32.25M. David and Steve Gebing, IPA senior managing director, represented the seller, Mentor Properties, and procured the buyer, a joint venture between an affiliate […]
New Hangars Proposed for PMGA
By Tasha Anderson for AZBEX The City of Mesa recently reviewed plans for the development of three new hangars at Phoenix-Mesa Gateway Airport, at its July 9 Design Review Board meeting. Winton Architects, Inc., on behalf of developer, Sun State Builders, is proposing to develop three hangars of various sizes south of East Ray Road […]
DB Firm Requested for New Army Nat. Guard Facility
By BEX Staff for AZBEX The Arizona Department of Emergency and Military Affairs has recently issued a Request for Qualifications for Design-Build Criteria Consultants and Technical Advisory Services for the development of a new readiness center in Tucson. The Army National Guard wants to design and construct an 86.8KSF building called the Rita Road Readiness […]
Phx Hits 6 Years of Positive Net Office Absorption
Source: JLL The Phoenix office market has achieved 24 straight quarters – or six straight years – of positive net office space absorption, according to the JLL Q2 Phoenix Office Insight report. At the same time, vacancy has decreased by 11 basis points, marking its lowest level in almost 12 years. According to JLL, the […]
AZ Awarded $90M Federal Grant to Expand I-17
Source: Arizona Department of Transportation The Governor’s Office and the Arizona Department of Transportation today announced Arizona has won a highly competitive $90M federal highway grant to help expand and improve Interstate 17 north of Phoenix, including a flex lanes system between Black Canyon City and the Sunset Point Rest Area. The Infrastructure for Rebuilding […]
Arizona Projects 07-26-19
Awards and Accolades 1. Arizona has once again earned the prestigious Gold Shovel Award from Area Development. In addition, Nikola Motor’s selection of Coolidge was named Project of the Year by Area Development. Groundbreakings 2. The first phase of the Mount Elden Middle School renovation began. Flagstaff Unified School District is clearing out the old […]
Scottsdale Hotel Looking for Site Plan Approval
By Tasha Anderson for AZBEX A request for a new hotel on .84 acres located near the intersection of Scottsdale and Thomas Roads is once again making its way through the City of Scottsdale’s Development Review Board. Gerald R. Kesler Inc. Architecture (GKI), on behalf of the owner, Krista R. Corporation, is requesting approval of […]