In a first for Arizona, the Novus Innovation Corridor earned LEED-ND Gold certification last month from the U.S. Green Building Council. Novus, the 355-acre mixed-use, public-private partnership between Arizona State University and Catellus Development Corporation adjacent to the ASU Tempe campus, is the first LEED-ND community certified at any level in Arizona. “This is a … [More]
Environmental Due Diligence Helps Move Industrial Project Along
Transforming into an 83-acre industrial park on the former site of a cement plant, Merit Sky Harbor Industrial Park will span nearly 1 million square feet and will include new light rail routes and hiking trails along the Salt River in addition to the industrial space. To help Phoenix-based Merit Partners transform the property into a vibrant business park, award-winning … [More]
Industrial Construction in Mesa’s Elliot Road Technology Corridor
Marwest Enterprises, LLC, owner and developer, recently broke ground on Elliot 202, a new, 1,080,240-square-foot speculative industrial development along the 202 Freeway in Southeast Mesa. The planned industrial buildings are located on the freeway-fronting northeast corner of S. Hawes and Elliot Rd. and are scheduled to be completed in December this year. Calling it the … [More]
Medical Office Project Planned in Goodyear
Wentworth Property Acquisitions, LLC plans to start construction in Q4 this year on a new Class A medical office project near W. McDowell and Bullard avenues at 1830 N.E. Bullard Ave. in Goodyear, with completion planned for Q4 of next year. Goodyear Medical will be a two-story, medical office building totaling 57,000 square feet of space situated in close proximity to the … [More]
The Importance of the ‘Third Place’ In Multifamily Developments
Ray Oldenburg, an American urban sociologist, coined the term “third place” in his book The Great Good Place. He identified that in modern societies, time is primarily spent in our first place (home) and our second place (work). He introduced the need for this third place for social and emotional well-being, suggesting that coffee shops, post offices, neighborhood restaurants, … [More]
George Oliver’s Experiential Offices
Even amid a pandemic, local developer George Oliver is flush with new tenant interest across its office portfolio — but with a very common requirement. Prospective tenants all want the kind of experiential, next-generation office space that George Oliver, in particular, is becoming known for. “The pandemic dramatically shifted how employees and employers view the … [More]
Industrial/Logistics Building Breaks Ground in Buckeye
LGE Design Build, a full-service design and general contracting firm and winner of AZ RED 2021 General Contractor of the Year, broke ground recently on a new state-of-the-art industrial project in the City of Buckeye being developed by Phoenix-based Creation Equity, an alternative investment and real estate development firm. The project consists of 860,602 square-feet, with … [More]
Phase II Homes Open in Goodyear’s Centerra
Landsea Homes Corporation has opened the second phase of its homes in the one-of-a-kind Goodyear community of Centerra, which offers homes with seven different floor plans and ranging from three to four bedrooms, with an option for six bedrooms, and two to three-and-a-half bathrooms. Homes include smart home automation technology and an air purifier. The community also features … [More]
Ground Breaks on 651-Unit Apartment Development in Tempe
Banyan Residential, an L.A.-based private real estate investment company, has commenced construction on phase one of Banyan North Tempe, a 651-unit multifamily development in Tempe. In conjunction with Milhaus, an Indianapolis-based development company, Banyan worked tirelessly with state and local agencies to annex the 16.5-acre site in an area frequently referred to as the … [More]
Luxury Build-to-Rent Project Begins in Apache Junction
Paragon Development Group recently closed on the $3.1 million purchase of 15.67 acres in the Southeast Valley. The site, located on the NEC of West Southern Avenue and South Meridian Road in Apache Junction, is slated to become Hampton Meridian, a new 195-unit luxury build-to-rent community with one-, two- and three-bedroom attached and detached residences ranging in size from … [More]
Resimercial Trending as Workplace Design
With all the social and economic change happening over the past year, most industries are in a state of disruption, and commercial real estate is no exception. While many of the trends we are anticipating for the next several years are not entirely new concepts, the overarching trend is that companies will need to evolve in order to stay relevant. For the commercial office … [More]
New Mesa Entertainment District to Include a Surf Lagoon
A new entertainment destination recently broke ground in Mesa. Cannon Beach will be a 37-acre surf, shop, gym and multi-use development. The project by Cannon Beach Developers, two and a half years in design and development, will bring the ocean to Arizona in a place unlike any other in the state. The oasis, located at the cross streets of Power and Warner roads in Mesa, will … [More]
Back to School – Trends in K-12 Construction
For many, elementary school classes were in portables, lunch was held in a boxy multi-purpose room and technology meant the chance to play Oregon Trail. And we loved it! Today’s students, however, just have way cooler schools, thanks in great part to innovation. According to Patrick Sheppard of CHASSE Building Team, a key component of design today is collaborative spaces, … [More]
Sale of Agave Center, Scottsdale, Sets Record
The recent sale of Agave Center at $9.775 million sale and 6.2% CAP, brokered by Colliers International, represents a record per-square-foot rate for an unanchored Scottsdale shopping center. The 2.46-acre shopping complex, with 16,038 square feet of retail space and positioned at the highly trafficked intersection of Scottsdale Road and Acoma Drive, is 100% occupied by local … [More]
Water Feature Sets Off The BLVD Development in Avondale
A new water feature project, which recently broke ground at the corner of Avondale Blvd. and W. Dale Earnhardt Dr., in Avondale, will be the showpiece at The BLVD, an exciting new development along Avondale Boulevard. The project will include two signature-entrance water features, a one-acre lake, koi pond, splash pad, pedestrian bridges and inviting landscaping. Once … [More]
Denver-based Company to Build Chandler Connection
Marking its entry into the Phoenix industrial market, Denver-based Comunale Properties has selected Stevens-Leinweber Construction to build Chandler Connection, a 201,000-square-foot, Class A industrial building immediately adjacent to the Chandler Municipal Airport in Chandler, Arizona. Construction is scheduled to begin July 2021, with an anticipated completion during first … [More]
Pandemic Sparks Adaptations in Healthcare Design and Construction
As we mark the recent one-year anniversary of the declaration of COVID-19 as a public health emergency, many of us find ourselves reflecting on the past year — grieving for those who lost their lives; missing in-person interaction with family, friends, and colleagues; finding new appreciation for educators and frontline workers; and feeling anxious to return to a “normal” way … [More]
Developer Enters Arizona Market with Large Opportunity Zone Project in Tempe
Milhaus, a national award-winning developer, owner and operator of Class-A multifamily properties, is expanding into Arizona with one of the company’s largest developments to date: Milhaus North Tempe. As this April edition goes to press, groundbreaking is imminent on the $91-million first phase of this planned two-phase development project by Milhaus in partnership with Los … [More]
