Upscale, Design-Forward Hotel Breaks Ground in Mesa

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Cambria Hotels - a brand known for design-forward spaces and upscale, locally inspired amenities - broke ground today in Mesa, offering a new level of hospitality to the city. The four-story, 107-room hotel will feature a rooftop restaurant and bar which will be open to the public overlooking the surrounding desert and urban landscape, along with a lobby bar, outdoor pool, … [More]

213-Unit Build-to-Rent Community Breaks Ground in Laveen

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Rockefeller Group announced Corsica Villas at Laveen, a 213-unit build-to-rent residential community under construction in the Laveen neighborhood of Phoenix. Located at the base of South Mountain, the project broke ground in October 2025. Corsica Villas at Laveen will feature a collection of standalone duplexes and townhomes in an area of Phoenix where demand continues to … [More]

Valley Developer Partners with National Firm on New Scottsdale Medical Office Building

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Hammes, a national real estate consulting, development, investment and management firm, is developing a new 34,000-square-foot medical office building in Scottsdale, Arizona, in partnership with Phoenix-based NOVO Development. The medical office building will serve as an anchor component of the new 43-acre Sierra Bloom mixed-use wellness campus. The building's anchor tenant … [More]

Groundbreaking Set for 950K-SF Mesa Freight Facility Serving Semiconductor Industry

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DSV, one of the world’s leading freight forwarders, will break ground on a new 950,000-square-foot regional headquarters in Mesa, representing a $14.5 million investment to support Arizona’s rapidly growing semiconductor ecosystem. The facility, scheduled for completion in early 2027, will serve as a major hub for DSV’s semiconductor customers and will house multiple company … [More]

Full Occupancy at Deer Valley Development Marks Strong Year for Industrial Leasing

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Opus announced that the Deer Valley 30 industrial development at 1300 West Almeda Road is now fully leased. The three-building development saw significant activity over the last year, including the sale of one building and the execution of full-building leases in the other two. The development is a joint venture between Opus and Principal Asset Management. A global shipping … [More]

Banner Cuts 237K SF from HQ with Camelback Corridor Relocation

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Banner Health, one of the largest nonprofit health care systems in the country and a leader in provider-sponsored health insurance serving 3.5 million people annually across six states, will relocate its corporate headquarters to Bond Phoenix at 3200 E. Camelback Road in Phoenix from Banner Corporate Center – Phoenix Plaza beginning in the fourth quarter of 2026. The health … [More]

533-Unit High-Rise Community Planned for One of Tempe’s Busiest Corners

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Empire Group of Companies, through its luxury urban infill division Aspirant Development, announces Revelry, a new Class A mixed-use high-rise community coming to Tempe. This marks the first public announcement of the project, which is expected to break ground this spring on the southeast corner of Rural Road and University Drive. Designed as a landmark addition to Tempe’s … [More]

Developer Breaks Ground on 166-Home BTR Project in Queen Creek

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Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., today announced it has broken ground on Amavi Queen Creek, a single-family, build-to-rent community in Phoenix's East Valley. The community, which will feature 166 three-bedroom townhomes with various layouts, is positioned six miles east … [More]

Historic Coronado Redevelopment Blends Preservation and Local Enterprise

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Heather Lennon, founder and owner of Imagine General Contracting and Development, has built her career on saving the history of Phoenix, one old building at a time. Now, she is taking on Phoenix’ key historic Coronado neighborhood within the McDowell Miracle Mile Revitalization zone with her new project, Imagine Coronado. With the desire not only to preserve the historic … [More]

Build-to-Rent Developer Bets on Phoenix With New Homes and Scottsdale Office

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Sunstone Two Tree, a developer and operator of rental housing communities in high-growth markets across the United States, today announced updates across its Phoenix build-to-rent portfolio. In addition to its existing portfolio of BTR developments in the area, the company is now delivering homes across three new communities in Phoenix. When fully delivered, they will total … [More]