International property and construction consultancy firm Rider Levett Bucknall (RLB) has released its latest Crane Index and Quarterly Cost Report. Together, the two documents provide an eye-opening perspective on the North American construction industry in 14 key markets. With data current to mid-Q1 2023, the latest RLB quarterly cost report shows that the national average … [More]
Arizona Coyotes Development Arm Files Claim Seeking $2.3B from Phoenix City Hall
The Arizona Coyotes and its development arm, Bluebird Development, have filed a claim against the City of Phoenix for $2.3 billion claiming it broke its word on a plan to convert a hazardous unlined Tempe-owned landfill into a new sports and entertainment district next to Tempe Town Lake. On March 27th, Sky Harbor filed a complaint against the City of Tempe claiming the … [More]
Construction Co. Adds to Arizona Office with Director-Level Hirings
Big-D Construction is proud to announce it has expanded its presence in Arizona with the hiring of a director of preconstruction and a director of multi-family. The general contracting firm’s Southwest office hired industry experts Rod Miller as director of preconstruction and Theresa Schultz as director of multi-family. Miller will be responsible for assisting the … [More]
Metro Phoenix Office Revitalization Designed to Set New Standard for Workplace Culture and Amenities
Phoenix-based developer George Oliver, known for its cutting-edge office redevelopments, has unveiled plans for Bond, a $52 million renovation that will transform the landmark Biltmore Commerce Center into a hospitality-inspired office experience where thoughtfully crafted amenities and modern design bring teams together in an unparalleled workplace at the heart of the … [More]
Office as a Destination
‘Third space’ environment entices back-to-office
It’s been proven that we can work anywhere. For many of us, all our basic work tools fit in a backpack or briefcase, and the pandemic really pushed us to be open to new and unexpected work locations. Because of this experience of flexibility, it’s clear that as we transition back to the office, workers are seeking a spectrum of experiences beyond the traditional desk. The … [More]
Commercial Real Estate Trends: Adding detached living/working spaces to property
While life has largely returned to normal following the global pandemic, COVID has had a lasting impact on the way we work and live. We started our company, Minimal Living Concepts, in 2021 to address the need for private spaces for people working or schooling from home. We created a turnkey solution that makes it easy for customers to browse predesigned units with transparent … [More]
Greenlight Communities Focuses Locally on Attainable Housing
The country’s first company to focus solely on building privately funded attainable rental housing, Arizona-based Greenlight Communities, entered this year with 14 projects in development across the Phoenix Metropolitan area and further expansion into the Tucson market. Since breaking ground on its first Cabana community in 2017, Greenlight has made attainable housing a … [More]
Two Single-Family-Home Projects Break Ground in West Valley
Landsea Homes, a publicly traded residential homebuilder, recently closed on 65 homesites and began construction on a new neighborhood called Solvida in the Estrella master-planned community in Goodyear. The company also broke ground on 616 new homes at Citrus Park, its own master-planned community. All homes at Solvida in Estrella and Citrus Park will contain Landsea Homes’ … [More]
Luxury Lease Villas for Litchfield Park and Goodyear
Family Development, one of the country’s premier homebuilders with a multitude of projects throughout the Southwest, has begun construction on two new luxury lease communities in Arizona: Villas Litchfield Park, which will feature 153 units, and Villas Goodyear, which will feature 151 units. Both build-to-rent projects are expected to be completed in 2024. Photo courtesy of … [More]
Build-To-Rent Project in Avondale
Trilogy Investment Company, a leading national provider of build-to-rent housing communities, has created a strategic joint venture partnership with Cimbra Partners LLC (through its subsidiary Cimbra Investors Encanto, LLC) and has closed on seven acres of land at the corner of Encanto Blvd. and N. Avondale Blvd. in Avondale. The 84-unit townhome community called Encanto … [More]
Four Former Tempe Mayors Support Tempe Entertainment District, Effectively Opposing Sky Harbor Legal Action
Four former Tempe Mayors, Harry Mitchell, Neil Giuliano, Hugh Hallman, and Mark Mitchell, have differing backgrounds and policies but they are all supporting a plan to convert an old Tempe landfill into a new sports and entertainment district, along the banks of the Tempe Town Lake. They are all endorsing Proposition 301, 302, and 303. They said so at a news conference held at … [More]
City of Phoenix Aviation Department Files Legal Action Against Tempe
After more than a year of attempts to resolve a dispute with the City of Tempe over planned residential developments in a high-noise corridor directly under Phoenix Sky Harbor International Airport's flight path, the Phoenix Aviation Department has filed a formal complaint in Maricopa County … [More]
PV Mall’s Redevelopment Project to Include Premier Athletic Club
RED Development, an industry leading commercial real estate company known for its high-performing mixed-use and retail portfolio, today announced Life Time, the nation’s premier healthy lifestyle brand, will join PV, the more than 100-acre redevelopment of the former Paradise Valley Mall, with a first-to-market, fully integrated concept consisting of an athletic country club … [More]
52-Home Community Opens in Queen Creek
Tri Pointe Homes®, a recognized leader serving the Phoenix market for more than 30 years under the name Maracay®, has announced the opening of Sentinel at Oro Ridge, a 52-home neighborhood located within the expansive Oro Ridge planned community in Queen Creek, Arizona. “Sentinel at Oro Ridge is the culmination of our vision to create a neighborhood that perfectly embodies … [More]
209 New Built-to-Rent Luxury Townhomes Set to Go on Market in Gilbert
Mosaic, the nation’s leading institutional-grade general contractor, is nearing completion of the first homes at Town Germann, a 209-unit community by Family Development, a California-based build-to-rent developer. Family Development has begun pre-leasing the first of the luxury townhomes for imminent occupancy, beginning in the spring of 2023. Family Development and Mosaic … [More]
New Luxury Detached Rental Homes and Townhomes Open in North Phoenix
Mark-Taylor Residential, Arizona’s leading Investment Manager of luxury multifamily communities, proudly welcomes BB Living at Union Park into its esteemed management portfolio. In partnership with developer, BB Living, these brand-new spacious homes for rent in Phoenix, Ariz., combine the best of convenience and style. In the highly sought-after North Phoenix neighborhood … [More]
Building for World’s Largest Digital Corrugated Packaging Printer is Completed in Phoenix
Phoenix-based Stevens-Leinweber Construction (SLC) has completed the custom build-out of 160,000 square feet at Phoenix Logistics Center (PLC) Two, designed to meet the manufacturing and distribution needs of new tenant Georgia-Pacific LLC and its HP PageWide T1190 Press, the world’s largest high-volume digital pre-print solution for corrugated packing. The new press was … [More]
Phoenix Boasts 3rd Highest Amount of Available Vacant Land Among Major U.S. Cities, Says Survey
The newest study published by CommercialCafe analyzes how much vacant land is available in 20 of the most populous urban centers in the U.S while also highlighting the construction activity in each area. For this, the team estimated undeveloped land sizes using the most recent data made available by Property Shark and online government records, and identified local … [More]
