Drafting an Entitlement Team

by Adam Baugh

Assembling one’s entitlement team is a lot like drafting an NFL prospect. Given the significant investment and risk of acquiring and entitling property, smart developers should assemble a team of pros that balance a roster and position a project for success. The best property owners and developers prioritize the value of strategic teammates. That includes zoning counsel, … [More]

Favorable Activity in Office Pipeline

by Mike Hunter

The Phoenix office market has already absorbed more than 3.07 million square feet of office space in 2019. According to the Q3 Office Insight report just released by the Phoenix office of JLL, that is a three-quarter absorption rate record for the Valley, topping the last high-water mark of 2.9 million square feet of space absorbed during the first three quarters of … [More]

Infill Parking Field to Site Pad Development

by Mike Hunter

Evergreen Devco, Inc., a leading retail and multifamily development company, has begun construction on a pair of single-tenant retail buildings that will house a Black Rock Coffee Bar and a Wilhelm Automotive on the southeast corner of 35th Avenue and Greenway Road in Phoenix. The two buildings are part of Evergreen’s pad development project of an existing shopping center. … [More]

Cavasson Attracts Major Tech Tenant

by Mike Hunter

Cavasson, Nationwide Realty Investors’ 134-acre premiere mixed-used project now under development at Loop 101 and Hayden Road in Scottsdale, will include tree-lined sidewalks, bike paths and green spaces, with ample parking in an adjacent six-story parking structure. Hospitality franchisor Choice Hotels International, Inc., one of the world’s largest hotel franchisors, will … [More]

LEED Cert for ASU’s Bio C

by Mike Hunter

The $120-million Biodesign Institute C research building at Arizona State University, which was constructed by McCarthy Building Companies and completed in June 2018, recently received LEED Platinum certification from the U.S. Green Building Council. Following ASU’s green building standards, Biodesign Institute C was designed and constructed to the highest levels of … [More]