Phx Transportation 2050 Report Shows Ongoing Progress
By Roland Murphy for Arizona Builder’s Exchange Last week the City of Phoenix released its second “Transportation 2050 Progress Report,” covering July 1, 2017-June 30, 2018. “The voter-approved T2050 plan continues to improve transportation in Phoenix through a continually improving transit system and new paving projects on our city’s busiest arterial streets,” said Mayor Thelda […]
PHX Strong, Though National Multifamily Dips a Bit
By AZBEX Staff for Arizona Builder’s Exchange September saw a slight dip in multifamily rents, but the grand picture is still rosy overall. According to the September 2018 Multifamily National Report from Yardi Matrix, “A $1 decline is insignificant, especially at the start of the fall, when rent growth traditionally begins to hibernate for winter. […]
Stipulations for PHX Country Club
By Adrienne St. Clair for Arizona Builder’s Exchange Phoenix Country Club and Sunbelt Holdings have submitted a rezoning request to the City of Phoenix to build luxury residential condominiums on the NEC of 7th Street and Thomas Road. The new development will have approximately 125 units at about 42 du/ac. There will be 234 unreserved […]
Grand Canyon University to Build More Parking
By Adrienne St. Clair for Arizona Builder’s Exchange Grand Canyon University has submitted a rezoning request to the City of Phoenix to build a five-story parking garage on the NEC of 31st Avenue and Camelback Road in Phoenix. The structure is meant to alleviate anticipated parking needs in the area for GCU students and other […]
PHX Multifamily Still Appealing
By Roland Murphy for Arizona Builder’s Exchange Institutional investors are actively seeking multifamily opportunities in the Phoenix area, and that trend shows no sign of slowing down in the near term, according to the “ABInsight Phoenix MSA 2Q 2018” market report published this week by ABI Multifamily. In the report, ABI Director of Research Thomas […]
Banner Plans 1st of 3 New Rehab Hospitals
By Adrienne St. Clair for Arizona Builder’s Exchange Banner Health has submitted a zoning change and plan approval to build a physical rehabilitation hospital just east of the southeast corner of 7th and Willetta streets in Phoenix. The project, called Banner Health Acute Inpatient Rehab Hospital, will “improve site conditions and expand medical facilities in […]
Major Redevelopment Proposal Springs Back
By Roland Murphy for Arizona Builder’s Exchange After five years of fits and starts, the death of a developer, the scrapping of one winning proposal and a sea change in the culture, demographics and economics of Downtown Phoenix, the city is aggressively moving forward once again in hopes of creating a redevelopment plan for one […]
5-Story Adaptive Re-use Coming to Phoenix
By Tasha Anderson for Arizona Builder’s Exchange If all goes according to plan, a run-down office plaza at 40th Street and McDowell will become the areas latest adaptive re-use renovation. Applicant, Earl, Curley & Lagarde, P.C., on behalf of developer, Real Estate and More LLC, is requesting a rezoning of an approximately +/- 1.91-acre site […]
2 Mixed-Use Options Proposed in N. Phoenix
By Jane Stewart for Arizona Builder’s Exchange DMB Circle Road Partners, LLP have requested the rezoning of a 2.28 gross acre parcel at 15450 N. Scottsdale Road from Intermediate Commercial with a Planned Community District (C-2 PCD) to Planned Unit Development. The parcel, “located in the Paradise Valley Village Core and Council District 2 in […]
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 […]