Portico, the luxury condominium community from award-winning Belgravia Group in the Loop 101 and Scottsdale Road corridor, has topped off the first building in its nine-building development. Initial move-ins are set to occur in late summer 2024; Portico is estimated to be completed in spring 2025. The community is a key piece in DMB’s One Scottsdale masterplan development, … [More]
Design Projects: Fit to Execute?
One rarely discussed aspect of interior design that is actually incredibly common is being hired to pick up where other design teams have left off. It’s so common, in fact, that our firm has created a specific service distinction for the offering: SOS Services. From property positioning to design, floor plan rework to drawing completion, budget review to engineering value, … [More]
Eastgate Plaza Breaks Ground in Mesa
Scottsdale-based Diversified Partners, a real estate brokerage and development company, recently broke ground on Eastgate Plaza in Mesa. The 17-acre mixed-use development at the northeast corner of Elliot and Ellsworth roads in Mesa is located north of the Eastmark master-planned community and near the growing Mesa Tech Corridor. Confirmed tenants include a new drive-thru … [More]
Major Queen Creek Shopping Center Reaches Leasing Milestone
Vineyard Towne Center, a 260,000-square-foot project being developed in two phases by Vestar, one of the leading privately held shopping center owners and managers in the western United States, has achieved a significant milestone in reaching nearly 100% leased for Phase I within a few months of completing construction. Specialty grocer, Sprouts Farmers Market, was the first … [More]
Construction Begins on Master-Planned Community in North Scottsdale
Award-winning real estate development firm Optima® is partnering with Mitsui Fudosan America, Inc. for the development of the first building within its newest Arizona residential development, Optima McDowell Mountain Village™, located on 22-acres on the southeast corner of Scottsdale Road and the Loop 101 Freeway in North Scottsdale. The first building, which broke ground last … [More]
Attainable Communities Break Ground in Glendale
Scottsdale-based Greenlight Communities, a real-estate developer dedicated to constructing attainable workforce rental housing, recently broke ground on two projects in Glendale. This project will be Greenlight’s first to offer an affordable Streamliner and attainable Cabana community on adjacent sites. Streamliner Aldea will bring 282-new apartment units and Cabana Aldea will … [More]
Market-Rate Development Breaks Ground in Mesa
Chicanos Por La Causa, one of the largest community development corporations in the nation, recently broke ground on a new mixed-used, market-rate development in Mesa focused on Light Rail transit and community within walking distance of the Downtown area. The Residences on Main will feature nearly 200 apartment units and 19,000 square feet of retail space to promote a … [More]
Phoenix at the Crossroads: Embracing a Future as a Magnet for Visionary Architecture
In the heart of the American Southwest, Phoenix stands at a pivotal moment in its urban development. Unlike older cities whose downtowns are set in architectural stone, Phoenix’s relatively late development offers a unique opportunity. Here lies a blank canvas for creating not just a city, but a destination renowned for its iconic architecture. This potential, however, hinges … [More]
Better Efficiency with New Energy Star Requirements
The timing is right to upgrade windows and doors for energy efficiency, especially since the new Energy Star 7.0 requirements went into effect last October. The goal of Energy Star, as a government-backed symbol for energy efficiency, is to foster the use of more energy-efficient products, while diminishing greenhouse gas emissions and other pollutants. This is the first change … [More]
Shops at 75th Is Part of $100 Million Investment in Glendale
Diversified Partners recently broke ground on its Shops at 75th development project, located at 7501 W Bethany Home Rd. in Glendale, Ariz. The four-pad, 3.71-acre development has already attracted a variety of tenants, including Dutch Bros. Coffee, Cali Tacos Restaurant and BeBa Nails & Spa. Located in the heart of the West Valley, the new project is part of a portfolio … [More]
Fountain Hills Homesites Offer 360-degree View of Valley
The first two homes at gated community Bellos at The Summit in Fountain Hills are now available for tours. The full project features 27 homesites with 360-degree views of the Valley. Prior to 2005, 41 existing homes were built, and the community remained unfinished until KLMR Homes acquired the lots in 2020. The community borders Scottsdale near Shea and Palisades Boulevards at … [More]
Industrial Park303 Phase 2 Completes with Creative Amenities
Full-service commercial real estate firm Lincoln Property Company recently completed Park303 Phase 2, a Class A industrial development in Glendale, Arizona that is leading the market in creative industrial amenities. Among these: a high-end speculative office suite, leading-edge features for modern manufacturing and distribution, and a premier outdoor area with a pickleball and … [More]
Gila River’s New C-Store Is Life-Changing Development
Last month, the Wild Horse Development Authority and the Gila River Indian Community broke ground on Sacaton Market, which will be a convenience store and fuel station on the southeast corner of South Ocotillo Dr. and Bluebird Rd. This is a life-changing development in the area because it will bring fresh produce and groceries to what has been a food desert; members of the … [More]
LEED-Certified Industrial Planned for Goodyear
Diversity and sustainability-focused industrial real estate firm DIV Industrial plans to develop Sarival Business Park on 47.35 acres it recently acquired in Goodyear. Groundbreaking is scheduled to commence late Q1 2024, with total project completion anticipated in Q1 2025. At completion, the modern LEED certified 847,988-square-foot Class A industrial complex will include … [More]
East Valley’s Most Sustainable Multifamily Apartments Opens in Mesa
The recently completed ECO MESA apartment building has transformed a “postage-stamp”-sized infill parcel of land in Downtown Mesa into a community that boasts some of the most sustainable features in the industry. The community of 102 residential units — studio, one-bedroom and two-bedroom apartments — was built with a number of features that result in a high-performance … [More]
How COVID Changed Arizona’s Commercial Construction for the Better
From high-tech new semiconductor factories to the bumper crop of warehouses and logistics facilities popping up across the Valley’s ever-growing outskirts, Greater Phoenix’s light-industrial real estate sector is red hot. In fact, Phoenix’s industrial market is now a key link in the nation’s supply-chain, according to a recent report by Avison Young commercial real estate, … [More]
New Industrial Complex Begins to Rise in SW Phoenix
Martens Development Company has begun construction of its 20-acre Park 91, a Class A industrial development, located at the southwest corner of 91st Ave. and Buckeye Road in Phoenix. The new complex is the second phase of Logic Park, a successful 739,000-square-foot park on 44 acres, which will serve multiple tenants by offering various leasing size options. Park 91 will be … [More]
ASU’s Science/Tech Building Breaks Ground
The new $185 million Interdisciplinary Science and Technology Building 12 project recently broke ground at Arizona State University’s Polytechnic campus in Mesa, Ariz. “ISTB12 is ASU’s largest single capital investment on the Polytechnic campus,” says Alex Kohnen, ASU’s Facilities Development and Management vice president. The ISTB12 building, designed by SmithGroup and being … [More]
