Master Plan Set for Cultivation Facility
By Roland Murphy for Arizona Builder’s Exchange The mainstreaming of licensed cannabis operations as a force in Arizona real estate and development took another step forward this week with the announcement by Scottsdale-based Zoned Properties of a mixed-use, master planned cultivation facility in Chino Valley. The property has been leased to a licensed marijuana cultivation […]
Rio Nuevo Wants 150KSF Mixed-Use Developer
By Roland Murphy for Arizona Builder’s Exchange A new RFP hit the street last Friday from the Rio Nuevo Multipurpose Facilities District seeking a developer to create a new mixed-use project on 0.6 acres at Broadway Boulevard between Scott and 6th avenues in Tucson. The district is looking for a minimum of an eight-story development […]
Phoenix OKs Land Sale for The Fillmore
By Dustin Gardiner for The Arizona Republic Almost two years after Phoenix canceled a downtown land sale over conflict-of-interest concerns involving Councilman Michael Nowakowski, the city finally has agreed to sell the property to a developer. The City Council voted 5-1 last week to approve the terms of the sale. Trammell Crow Co. is the master […]
The Top Issues Affecting Real Estate
By Roland Murphy for Arizona Builder’s Exchange In an extensive, 3,700-word report, The Counselors of Real Estate, recently published their views on the major issues facing both the industry and the world at large. While we certainly encourage you to read and digest the full information and detail the group worked so diligently to assemble, […]
Mesa, Developer Moving Ahead on Dtwn Project
By Roland Murphy for Arizona Builder’s Exchange One downtown Mesa redevelopment project took the next step forward recently as the City and 3W Management put in place a Memorandum of Understanding agreeing to basic terms and conditions and extending negotiation timelines until the end of the year. Under the proposed plan, 3W will extensively redevelop […]
$126M Watermark to Start Construction
By Roland Murphy for Arizona Builder’s Exchange Tempe Town Lake’s latest major project – the 15-acre Watermark mixed-use development on the lake’s north side at Scottsdale Road and the Loop 202– is about to take off after nearly six years of planning, timing calculation and community interaction. The city’s Development Review Commission approved Fenix Development […]
Plans Resurrected for 500+ Artesia Condos
By Roland Murphy for Arizona Builder’s Exchange Meritage Homes Corporation announced earlier this week it has new plans to jointly develop a 30-acre site in Scottsdale with iStar Inc. Known as Artesia, the master-planned, mixed-use project sits immediately adjacent to the NWC of Scottsdale and Indian Bend roads. The mixed-use development will include more than […]