Luxury Multifamily Project Announced

Source: Hines  International real estate firm Hines, along with a joint venture partner, announced it has closed on 11 acres to develop a 325-unit luxury for-rent residential property in north Phoenix.  Hines’ multifamily property, located at the NWC of Happy Valley Road and 35th Avenue, will consist of six three-story buildings. An additional one-story building will include a clubhouse and fitness amenity that surrounds the pool. In total, Hines will develop 318KSF.  Hines’ announcement comes on the heels of […]

AMEX Expanding in North Phoenix

By Roland Murphy for Arizona Builder’s Exchange American Express is creating a fourth building on its 90-acre Desert Ridge campus at 56th Street and Mayo Boulevard in North Phoenix. According to information provided to AZBEX by Lauren Brogie, manager of public affairs for AMEX, the new four-story, 300KSF-plus building will be located on the north […]

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, […]

60-Unit Boutique Sr. Assisted-Living in N. PHX

By Roland Murphy for Arizona Builder’s Exchange A local owner/developer will begin making a dent in north Phoenix’s lack of senior assisted-living centers this summer when it starts construction on the 60-unit boutique Emerald Bay Senior Living community on Greenway Road east of 40th Street. Phoenix City Council approved Emerald Bay Senior Living LLC’s request […]