New Pavement Tech Could Cool Cities
By Brian P. D. Hannon for Associated Press Sunbathers understand the benefits of applying sunscreen, but in America’s hottest big city the same concept is being tested at street level in the hope of bringing some lasting relief from the relentless Arizona sun. A team from Arizona State University is working with the City of Phoenix on a pilot […]
September LMS Delves into APDM Contracts
By Rebekah Morris for AZBEX On Wednesday, September 30th, 2020, more than 100 people logged on to the most recent Leading Market Series (LMS) event presented by BEX, which explored the topic of Alternative Project Delivery Methods (APDM) contract usage by public owners. Since 2000, HB2340 enabled the usage of APDM, including Design–Build, Construction Manager at Risk (CMAR) and Job Order Contract (JOC). Given these new tools […]
Phoenix MOB may be Redeveloped into Hotel
By Tasha Anderson for AZBEX Developer, The Terrance A Plas Company, recently submitted plans to the City of Phoenix to redevelop an existing medical plaza located at the NWC of McDowell Road and 12th Street, into a new 71.7KSF hotel. The hotel, to be called The McDowell Hotel according to the project documents, will sit on approximately 1.58 acres adjacent to the Coronado Neighborhood. “One of […]
Phoenix Mayor Announces Affordable Housing Plan
Source: City of Phoenix In Phoenix, the COVID-19 pandemic and economic downturn is intensifying the already existing housing crisis. Phoenix residents, as well as residents in other cities across the country, are experiencing job losses, which can make it even more challenging to afford a place to live. According to Housing and Urban Development’s Fair Market Rents, in Arizona the cost of a […]
West Valley Benefiting from Years of Branding Efforts
By Rebekah Morris for AZBEX On Wednesday, July 8th, nearly 80 people attended the BEX Virtual Leading Market Series discussion highlighting current and upcoming economic development happenings in the Central and West Valley of Phoenix. Panelists included Lori German, Communications Director for the City of Glendale, Sintra Hoffman, President and CEO of Westmarc, Christine Mackay, Community and Economic Development Director for the City of Phoenix and David Roderique, Economic Development […]
13-building Apartment Complex Proposed for Phoenix
By Tasha Anderson for AZBEX Plans have recently been submitted to the City of Phoenix for the development of a three-story apartment complex at the NWC of 19th and Southern Avenues. Multifamily developer, Dominium is requesting to rezone the approximately 14.16-acre site from Planned Shopping Center to Intermediate Commercial, Height and Density Waiver, to allow for a multifamily residential […]
TSMC to Build Semiconductor Plant in Phoenix
Source: Arizona Commerce Authority Governor Doug Ducey has announced that following a national search, Taiwan Semiconductor Manufacturing Company has selected Arizona for its new U.S. advanced semiconductor factory. The project will create more than 1,600 new high-tech jobs and generate thousands of additional jobs in the state for suppliers and other companies within the semiconductor industry. TSMC’s total spending on this project, including capital expenditure, […]
PHX to Facilitate Develop. of Afford. Housing
By Tasha Anderson for AZBEX The City of Phoenix Housing Department has recently issued a solicitation to gauge developers’ interest in building and/or rehabilitating more affordable rental housing. The Call for Interest, approved by Phoenix City Council on November 6th, allows the Housing Department to “facilitate construction, acquisition, and/or rehabilitation of affordable rental housing by […]
PWC Sharpens Focus on Sector’s Future Opportunities
By Sammy Williams for AZBEX If your Starbucks run includes a PSL (that’s a Pumpkin Spice Latte), then it’s a sure bet the season of Capital Improvement Plans is upon us. To mark this occasion where municipalities debut their fiscal year plans for new construction, expansion and maintenance, BEX hosted more than 200 attendees at […]
How Downtown Phoenix Created ‘An Innovation Core’
By Fara Illich for DTPHX Since 2016, technology and coworking companies have leased 620KSF of office space in Downtown Phoenix – a 1.7-square-mile area that many thought would never attract tech. For decades, companies looking to open or relocate passed over downtown for places like Chandler, Scottsdale or Tempe. The popularity of suburban office parks […]