Diversified Partners, a leading Scottsdale-based commercial real estate brokerage and development firm, is advancing Destination at Gateway, a 163-acre power center development located at the new SR-24 interchange at Signal Butte Road in Mesa, Ariz., in one of Arizona’s fastest-growing corridors. The project includes two distinct components now available for lease: 24 Auto Row, … [More]
Spec Industrial to Fill Need in West Chandler
A new project known as Ten56 is set to provide more than 180,000 square feet of speculative industrial space in the West Chandler employment corridor. Developed by STAG Industrial and Becknell Industrial, the building will be located less than a mile from the I-10/Loop 202 interchange at the southwest corner of 56th Street and Chandler Boulevard. Ten56 will help meet demand … [More]
Where Hospitality Meets Housing: The Rise of Resort-Adjacent Residential Communities in Phoenix
In Phoenix, where rapid growth continues to reshape both skyline and lifestyle, a shift is underway in how multifamily housing is conceived. Increasingly, the line between where people live and how they experience that environment is blurring as developers blend residential design with elements once reserved for hotels and resorts. Across high-growth markets, resort-adjacent … [More]
Skilled Trades, Big Opportunity in the Construction Boom
How Arizona business leaders can help close the workforce gap
Arizona is in the middle of the largest construction boom in its history, and the trades workforce needed to sustain it is shrinking. TSMC's $165-billion semiconductor campus in North Phoenix alone is expected to generate more than 40,000 construction jobs over four years. Add the surge of data centers and industrial expansion across the Valley, and the challenge becomes clear: … [More]
Integrated Design Is a Risk Management Tool for Development
Development has faced increasing challenges in recent years, with the stress of tariffs, labor shortages and supply chain delays manifesting through projects increasingly being delivered over budget and behind schedule. As the landscape continues to shift and priorities change, an unexpected tool can help hospitality developers stay on track while maintaining the agility needed … [More]
Where Three Generations Meet the Market
Multigenerational living is reshaping housing and influencing the broader business landscape in Phoenix. For decades, the American housing model centered on independence. After World War II, suburban expansion and a surge in homebuilding made it possible for families to spread out, and multigenerational living declined. By the early 1970s, just 7.8% of U.S. households … [More]
Luxury Build-to-Rent Unveiled in Surprise
Mark-Taylor Residential, a trusted leader in luxury property management, recently announced the completion of Estia at Zanjero Trails, a new build-to-rent community in Surprise, Arizona, one of the West Valley’s fastest growing areas. Owned and developed by Zilber Residential Group, Estia at Zanjero Trails offers luxury one- and two-bedroom detached rental homes in a community … [More]
Office-to-Industrial Redevelopment in Tempe
On behalf of Alidade Capital and Pine Creek Real Estate Partners, Phoenix-based general contractor Stevens-Leinweber Construction recently broke ground on TenSixty Interchange, an office-to-industrial redevelopment that will bring new mid-size, infill industrial product to the Interstate 10/Baseline Road corridor in Tempe, Arizona. The groundbreaking comes after months of … [More]
Industrial Campus for High-Growth West Valley
Creation, a performance-driven real estate development and alternative investment firm, in partnership with a real estate fund advised by Crow Holdings Capital, has closed on a 38-acre site in Avondale for the development of Avondale Tech Center, a three-building Class-A industrial campus totaling approximately 700,000 square feet. Located within the West Valley’s premier … [More]
High-Power, Smaller-Footprint in Industrial Corridor
Opus recently broke ground on 59Bell Technology Park, a 57,520-square foot Class A speculative industrial development just south of Deer Valley’s industrial corridor in Glendale, Arizona. Designed to serve companies within the semiconductor and advanced technology supply chain, the building will offer a three-phase 3,000-amp electrical service — a power capacity more commonly … [More]
Why Infill Development Is Becoming a Strategic Advantage in Arizona
As the Valley continues to mature, we are beginning to see a generational shift as builders set their sights on infill development rather than the traditional large tracts of land where concrete tile roofs stretch as far as the eye can see. This shift is driven by buyers demanding shorter commutes, more services and smaller footprints — not just in square footage, but … [More]
Hospitality’s Only Constant Is Change; Hilton at the Peak Meets the Challenge
Growth and evolution in hospitality is a moving target; an always-changing dynamic where not keeping up is never an option. To remain competitive in an ever-shifting marketplace, balancing fickle consumer and economic trends, hotels must be laser-focused on what matters: product quality and guest experience. Forty years ago, Phoenix/Scottsdale enjoyed a modest … [More]
Industrial Infill Completed – and Fully Leased
Leading Phoenix-based general contractor Stevens-Leinweber Construction, representing Merit Partners Inc., has completed and delivered Merit 27 Buckeye. Located on 18 acres at the southeast corner of 27th Avenue and Buckeye Road, this unique industrial infill — now fully leased — transforms a former and vacant Murphy Elementary School District campus into a modern, … [More]
Industrial & Mixed-Use Development in West Phoenix
Phoenix-based developer Creation recently completed construction on Park Algodon, a $250-million development that combines 1.3 million square feet of Class A industrial space with an adjacent seven-acre mixed-use destination. This brings new logistics, retail, dining and employment opportunities to the northwest corner of Loop 101 and Indian School Road in Phoenix — one of the … [More]
‘City within a City’ Breaks Ground in North Phoenix
Construction recently began at the 2,300-acre Halo Vista development in North Phoenix. This $7-billion master-planned project by development partners Mack Real Estate Group and McCourt Partners, designed to be a “city within a city” that will transform the area into a global hub for science, innovation and community, is located adjacent to TSMC Arizona. … [More]
Development: How to Turn a Project’s Opposition into Its Biggest Fan
In the world of Arizona land use and zoning, opposition is less a possibility and more a procedural step. The real question isn’t whether a project will face opposition — it’s whether that opposition can be transformed into something more useful than a stack of speaker cards at a public hearing. Done right, a project’s loudest critic can become its most effective … [More]
Phoenix Industrial Market: Infrastructure, Speed and Strategic Locations
Are Shaping the Next Cycle
Phoenix’s industrial market continues to evolve as population growth, infrastructure investment and corporate migration reshape how companies evaluate logistics and manufacturing locations. While the market experienced a significant wave of new supply in recent years, long-term fundamentals remain strong. Tenant priorities are increasingly centered on operational efficiency, … [More]
Arizona Builders Alliance Champions Construction Industry through Education, Advocacy and Connection
As a member-driven trade association, the Arizona Builders Alliance serves the commercial construction industry through comprehensive support that includes education, networking, business development, and robust legislative advocacy. This important benefit comes from the ABA’s dual affiliation with both the Associated Builders and Contractors (ABC) and the Associated General … [More]
