1MSF Stadium Point Gets Master Developer
By Corina Vanek for Phoenix Business Journal A massive mixed-use development with Class A office, hotel, retail and apartment buildings near Peoria Sports Complex is one step closer after the Peoria City Council approved an agreement Tuesday with American Life Inc. and Steinhauer Properties Inc. The project, called Stadium Point, will include more than 1MSF of development on 17 acres owned by the […]
New Auto Dealership Proposed for Phoenix
By Tasha Anderson for AZBEX Withey Morris, PLC, on behalf of owner, Howard A. Keyes with Keyes Automotive, recently submitted plans to the City of phoenix for the development of a new automotive dealership to be located just north of the NEC of 21st Avenue and Bell Road. The 2.15-acre site is currently zoned R-5 for multifamily residential. The California-based auto dealer wishes […]
Office Bldgs Proposed for Kierland Blvd in Phoenix
By Tasha Anderson for AZBEX Plans to redevelop a 6.78-acre property at the SEC of Marilyn Road and Kierland Boulevard into a Class A office development with ground floor retail have recently been submitted to the City of Phoenix. The site is currently home to a 100KSF building with associated parking. Developer, Kierland Sky LLC is proposing to replace the building and […]
New Mixed-Use Development Proposed for Gilbert
By Tasha Anderson for AZBEX Pew & Lake, PLC, on behalf of The Victoria Lund Foundation, recently submitted documents to the Town of Gilbert for the development of a new mixed-use project to be located at the SEC of Val Vista Drive and Mercy Road. The owner is requesting a Minor General Plan Amendment and […]
Multifamily Develop. Planned near AZ Canal in SDLE
By Tasha Anderson for AZBEX Stockdale Capital Partners has recently submitted plans to the City of Scottsdale for a new multifamily mixed-use project to be located just east of the NEC of 68th Street and Indian School Road. Stockdale is looking for rezoning and site plan approval for the +/-1.17-acre site immediately adjacent to the […]
Rio Nuevo Projects Move Forward
Source: Real Estate Daily News Work at 75 E. Broadway could soon recommence after the Rio Nuevo Board reached an agreement with the developers of the mixed-use project planned for the site. Last year, the Board learned that JE Dunn, the original developer/general contractor, wanted to transfer its ownership share to its co-developer Dabdoub Schwabe […]
SkyBridge Creates Opportunity to Grow Other Sectors
By Erin Thorburn for AZ Big Media Erik Lee, executive director for North American Research Partnership, summarizes the impact very succinctly. “SkyBridge is the most consequential Mexico-Arizona business project in this part of Arizona,” Lee states emphatically. SkyBridge marks the nation’s first inland air cargo hub to house a joint United States-Mexico customs facility. The recent groundbreaking […]
Experts Tout a Hot Arizona Market at Forecast Event
By Peter Madrid for Institute of Real Estate Management Greater Phoenix Chapter The theme of the 13th Annual IREM-CCIM Economic Forecast was “The Real Scoop.” Judging by the comments of economists and industry panelists, the message that resonated was “Phoenix and Arizona are on fire.” “Last year we talked about being late in the game […]
Metrocenter: Seeking a Revival
By Corina Vanek for Phoenix Business Journal Once upon a time, Metrocenter was the king of the Valley’s shopping malls. Now, the nearly 47-year-old mall just off Interstate 17 and south of Peoria Avenue in Phoenix is becoming a decaying infestation that could afflict the surrounding area, at least according to a prominent city official. […]
2020 CRE Outlook: How Phoenix Shapes Up
By Steve Burks for AZ Big Media Consistency may be boring, but when it comes to the commercial real estate outlook and the Greater Phoenix commercial real estate industry, no change is good for business. The United States is in what most economic experts feel are the latter stages of a growth cycle that is […]