AZ Construction Continues Growth Despite Pandemic
By Rebekah Morris for AZBEX Sales tax data available on AZEconomy.org, published by the University of Arizona Economic and Business Research Center, shows a surprising trend: construction in Arizona has risen despite the broad economic downturn as a result of the COVID-19 health epidemic. At the BEX Annual Construction Forecast event in January 2020, BEX researchers presented data that projected strong growth across the industry. Once COVID-19 hit in full […]
Ariz. Headed for Faster Recovery
By Victoria Harker for Chamber Business News Arizona is positioned for a faster economic recovery than the rest of the nation, and with some strategic moves on the part of state policymakers and citizens, it should jump back to a leading spot within next year or so, according to local economists. “We have the chance for this […]
Tech Corridor Study to Shape Pinal’s Economic Future
By Blake Herzog for Golden Corridor Living An 18-month study being launched by Pinal County and the University of Arizona will plot out the county’s future industrial development by identifying where different types of businesses should go for their benefit as well as the region’s. The study’s aim is to create an Arizona Innovation Technology Corridor that, for now, begins on […]
AZ Construction is Faring Better than Expected
By Rebekah Morris for AZBEX Two major indicators of construction market activity have come out for March/April 2020 and both are surprisingly positive. Total statewide construction activity is now available for March 2020, and it shows no signs of the COVID-19 economic slowdown, which took effect in the middle of the month. Additionally, statewide construction employment for […]
UA Tech Park Getting 100-room Hotel, Tech Space
By David Wichner for Arizona Daily Star A four-story, 100-room hotel is planned for the UA Tech Park at the Bridges, where work is officially underway for the University of Arizona’s first tech-related building on the site. Tech Parks Arizona has finalized a deal with HSL Properties to develop a Marriott-branded hotel at the corner […]
Aspire Tucson Phase II to Offer High-Rise Living
By Sammy Williams for AZBEX Developer, The Dinerstein Companies of Houston is doubling down on their investment in student housing near the University of Arizona by proposing a new, 130-unit high-rise just two blocks from campus. The eight-story building, dubbed Aspire Tucson Phase II, is directly west of Aspire Tucson, a 12-story community set to […]
Local A/E/C Community Supports KIDstruction Efforts
By Jen Crane for Adams & Associates Engineers Several Arizona A/E/C firms came together to sponsor this year’s KIDstruction event – a design/build competition for middle school students, using only business cards, toothpicks and glue on a 12”x12” base. This year’s event took place on September 29 and was judged by prominent members of the […]
Developers Announced by Tech Parks Arizona
By AZBEX Staff for Arizona Builder’s Exchange Tech Parks Arizona, on behalf of the University of Arizona and Campus Research Corporation, has announced the development partners selected for new projects at the UA Tech Park at The Bridges and the UA Tech Park at Rita Road in Tucson. Technology Precinct in the UA Tech Park […]
Nearly 400KSF Mixed-Use Proposed in Tucson
By Roland Murphy for Arizona Builder’s Exchange A nearly 60-year-old, 152-unit apartment complex near the gateway to the University of Arizona main campus in Tucson would make way for a residential/hospitality/retail mixed-use development under a proposal currently before the city Zoning Examiner. Property International submitted the request on behalf of property owners Shenkarow Realty Advisors […]
UA Launches Campaign for Facility Upgrades
By AZBEX Staff for Arizona Builder’s Exchange As part of its Capital Campaign to raise funds for facility upgrades and a new sports center, The University of Arizona this weekend released details and images for five planned projects: Arizona Stadium Renovations and Upgrades McKale Center Hillenbrand Aquatic Center Hillenbrand Stadium Indoor Sports Center The total […]