Stanton Touts $200M Innovation Center
By Jesse A. Millard for AZ Big Media Phoenix Mayor Greg Stanton touted the most recent milestone reached on a $200M ASU-Mayo Health Solutions Innovation Center during his final State of the City Address Tuesday. The Phoenix City Council recently approved $9M to help pave the way for the ASU-Mayo facility that will house researchers […]
GPLETs Face Scrutiny, Changes at Legislature
By Mike Sunnucks for Phoenix Business Journal The Arizona Legislature is again looking at property tax breaks cities give to developers and businesses. That includes changing the rules that govern them and restricting them. Conservatives at the Legislature have been scrutinizing and targeting tax breaks called Government Property Lease Excise Taxes. Those involve cities leasing […]
“Mesa Plays” Revives Sports Complex Push
By Roland Murphy for Arizona Builder’s Exchange Halloween has passed, but one project thought dead for more than a year has returned from the grave. Unlike typical zombies, however, this one is getting a warm welcome among some sectors of the Mesa and East Valley community. A steering and promotional committee called Mesa Plays, formed […]
Farmers Look to Develop 860 Acres, Leave Area
By Lily Altavena for The Arizona Republic As he looks out at acre after acre of his dairy farm, Jim Boyle Jr. is not wistful at the idea of leaving the land his family has farmed for 40 years. He’s hopeful. “The East Valley had a large number of dairies, and they’ve all been replaced by development,” he said. “Which, you […]
What is the Hottest Intersection?
By Roland Murphy for Arizona Builder’s Exchange When navigating in an urban environment, intersections are your best points of reference. The same is true when navigating economic development and real estate trends. On Sept. 13, nearly 300 attendees packed a ballroom at the Omni Resort & Spa at Montelucia to celebrate the 10th anniversary of […]
CG Council Approves Dreamport Agreement
By Kevin Reagan for Casa Grande Dispatch The Casa Grande City Council expressed optimism as it gave final approval for a development agreement meant to spur construction of an amusement park. The council already had issued initial approval for giving tax incentives to the Block Sports Company last month so it can develop a 1,500-acre […]
CG Considering $124M Dreamport Tax Rebate
By Heather Smathers for Casa Grande Dispatch A proposed amusement park and retail hub stands to receive $124M in sales tax rebates from the city. Dreamport Villages, a 1,500-acre development that would include several theme park attractions, would receive the rebates as part of a development agreement with the city. All money would be in […]
NE PHX Quietly Abuzz with Development
By Roland Murphy for Arizona Builder’s Exchange For years Downtown Phoenix and anything near the light rail line have gotten the lion’s share of coverage when it comes to growth and development. As, probably, it should have. While generating something like $9B of new development since the start of light rail certainly warrants extensive attention, […]
New UPS Hub To Add Ecommerce Capacity
Source: UPS Last week UPS announced plans for a new package processing hub in Goodyear, near the Loop 303 Freeway and I-10. Ecommerce already has changed the local landscape as UPS expands its capability for Saturday ground delivery and pickup service that began last month in Mesa and started June 3 in Phoenix. Saturday services […]
PHX Named 5th Largest/Fastest Growing City
By Roland Murphy for Arizona Builder’s Exchange Phoenix Mayor Greg Stanton let the news slip at the Bisnow Phoenix New Construction and Development event earlier this month (AZBEX, May 19) and last week the City and other sources jumped on the official announcement: Phoenix is both the 5th largest and the fastest growing city in […]