Diversified Partners, one of Arizona’s leading real estate brokerage and development firms, has announced plans for Williams Station, a new entertainment-anchored development coming to the northeast corner of Loop 202 and Dobbins Road in Laveen. The $50 million project will feature a mix of retail, dining and entertainment uses in a walkable, desert-inspired setting that … [More]
Innovative Phoenix Project Mixes Residential & Retail
Developed by Intersection Development, in conjunction with Räkkhaus Studio, the newly completed Rainbow Road project located at 1030 N. 1st Ave. in Phoenix thrives as a lively community hub in addition to offering 36 luxury apartments, igniting creativity and interaction through its bustling art galleries and commercial venues filled with artists, business owners, and … [More]
Future-Proofing Retail
As consumer behaviors evolve and e-commerce continues to shape the retail landscape, commercial real estate owners are being challenged to rethink what makes a shopping center successful. The traditional model, anchored by retail giants and focused on transactions, no longer meets the needs of modern communities. To stay relevant, owners must design spaces that function as … [More]
Why 2026 Will Be the Year to Rethink Building Performance and Air Quality
As Arizona heads into 2026, the recently adopted mechanical code reshapes how designers and owners operate their HVAC systems. By adopting IMC 2024, built on ASHRAE 62.1-2022, Phoenix and the metro area lead the state in taking a significant step toward more efficient HVAC systems. In addition, the adoption of more conservative energy and conservation codes will result in more … [More]
New Villas to Add Capacity and Specialized Care in Chandler as Senior Living Demand Rises
Park Senior Villas - Chandler, the newest senior living community among Park Senior Villas’ Arizona locations, is expanding its campus five years after its 2020 opening. Following significant occupancy growth, the community is breaking ground on an expansion that will add three new buildings to its campus, reflecting the strong demand for personalized senior care. Park Senior … [More]
New 20-Unit Modern Townhome Project Now on Market in Midtown Phoenix
Alice Blakely with The Brokery is now handling sales for Phase One of Soleil, a new 20-unit modern townhome community located at 3rd Street and Windsor in Midtown Phoenix. Soleil is the first residential townhome development from architect developers John Labahn of Lab Design Collaborative and Chicago-based architect, Erik Johnson. The 2,097-2,359 square-foot four-story units … [More]
Mesa Breaks Ground on New 222-Unit Community as East Valley Housing Demand Surges
Evergreen Devco, Inc., a retail, multifamily, and industrial real estate development company, announced that it has broken ground on The Homestead at Lehi, a new 222-unit multifamily community located at 2261 E. McDowell Road in Mesa, Arizona. The three-story garden-style property will feature spacious one- and two-bedroom units averaging 922 square feet, designed to meet the … [More]
San Tan Valley Sees New Housing Option as Demand Expands across Southeast Valley
KB Home, one of the largest homebuilders in the U.S., announced the grand opening of Skyline Village Prelude, a new community situated in desirable San Tan Valley, Arizona, which provides the perfect blend of small-town charm, outdoor adventure and picturesque desert landscapes. The new homes are designed for the way people live today, with popular features like modern kitchens … [More]
Multifamily Development Kicks Off in One of Phoenix’s Fastest-Growing Neighborhoods
High Street Residential, the residential subsidiary of Trammell Crow Company, and joint venture partners Mar-Gulf Management Inc. and MDI Capital, LLC, the international real estate subsidiaries of Kuwait Financial Centre, have broken ground on Union Park Residences in Phoenix’s Norterra master-planned development. The 308-unit, four-story, Class A community will sit on 8 acres … [More]
Maricopa Retail Corridor Begins 56,000-SF Second Phase Anchored by ALDI
Thompson Thrift, in partnership with Forest Creek Ventures, announced that construction has begun on a 56,000-square-foot second phase of Southbridge Marketplace in the city of Maricopa, with shell completion estimated by the end of 2026. ALDI will anchor the second phase and is expected to open in early 2027. "Southbridge Marketplace is helping shape Maricopa's next chapter … [More]
Queen Creek Retail Center Debuts 100% Leased Amid East Valley Growth
Vestar, one of the leading privately held shopping center owners and managers in the western United States, announced the completion of Queen Creek Crossing, a 31-acre retail development that broke ground in 2022. Anchored by Costco, Queen Creek Crossing spans more than 400,000 square feet of dynamic retail and dining. The center is 100% leased, including major national and … [More]
East Valley Growth Spurs $60M Retail and Dining Development at Ellsworth and Elliot
Diversified Partners, a real estate brokerage and development firm, has announced plans for East Gate Plaza, a new $60 million retail destination located at the northeast corner of Elliot and Ellsworth roads in Mesa, Arizona. Spanning approximately 17 acres, East Gate Plaza is designed to meet growing demand for high-quality retail, dining and wellness experiences in the … [More]
$183M Financing Deal Clears Path for North-Phoenix Multi-Sport Arena and Hotel
Texas-based real estate developer, SSS Partners, LLC recently closed on $183 million in financing and will immediately resume construction on its plans for a private academy, multi-sport arena and hotel located at I-17 and Sonoran Desert Drive, adjacent to TSMC. SSS Partners acquired the project that was approximately 50% complete in 2023. With construction now underway, the … [More]
New Neighborhood Debuts in Expansive Buckeye Community
KB Home, one of the largest homebuilders in the U.S., announced the grand opening of Mesquite, a new neighborhood of single-story homes within the highly anticipated Teravalis community. The new master plan is located between the stunning High Sonoran Desert landscapes of the White Tank and Belmont Mountains in Buckeye, Arizona, a growing city that offers the perfect blend of … [More]
Phoenix Design-Build Firm Opens Tampa Office to Anchor East Coast Work
LGE Design Build, an architecture, engineering and construction firm headquartered in Phoenix and Dallas, has officially launched operations in Florida with the opening of its new East Coast office in Tampa. Located at 442 W. Kennedy Blvd., the Tampa office marks a significant milestone in LGE’s strategic national expansion into high-growth markets. The firm enters Florida … [More]
Goodyear Opens 657 Affordable Units Across Two Sites
Dominium, a leading national affordable housing owner, developer and manager, is holding grand openings for 857 units in Goodyear and Marana. Local and state elected officials joined in the festivities for Estrella Springs, 396 units of affordable apartment homes for families, and the adjacent Suncrest Vista, 261 units of affordable senior apartment homes, in Goodyear on … [More]
$110M Deal Sees 266-Unit Kierland Community Change Hands
Institutional Property Advisors, a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of The Quincy at Kierland, a 266-unit multifamily community in Phoenix, Arizona. The $110.25 million sales price equates to $414,474 per unit. “The Quincy at Kierland is one of only six post-2020 constructed assets of 100 units or … [More]
Developer of Ritz-Carlton Paradise Valley Files Chapter 11, Aims to Complete Construction
Five Star Development, LLC and affiliated entities , including those developing The Palmeraie, announced that it has filed voluntary petitions for Chapter 11 protection in the U.S. Bankruptcy Court for the Southern District of Texas. The filing is intended to create a clear, court-supervised path toward completing The Ritz-Carlton Paradise Valley, The Palmeraie—a 122-acre … [More]
