Although some challenges of the last few years have persisted in commercial real estate development, the outlook has become cautiously optimistic, and leaders are shifting from defensive to proactive strategies. In the realm of interior design, we’re making targeted choices to engineer value right from the start. We’ve used the term “engineering value” as a calculated approach … [More]
Luxury Developments in Phoenix and Carefree
Camelback Palms Scottsdale-based luxury homebuilder Sonora West Development has recently broken ground on two new luxury developments: the four-home Camelback Palms community in Phoenix and the 31-lot Solace development in Carefree, Arizona. Construction is already underway at Camelback Palms, where two homes have started and two more will begin within 90 days. The … [More]
Phoenix Is Growing Up
Esplanade Place Phoenix is growing up, way up. With cranes dotting the skyline from Tempe to Scottsdale to Phoenix and beyond, we are no longer a big city that feels like a small town. Rather, Phoenix Metro is now home to multiple urban cores offering a true live, work, play lifestyle. How have cities across the Valley realized these vibrant hubs of continued activity and … [More]
How the West Valley Became the ‘It Place’
The West Valley is no longer the stepchild of the Phoenix metro area.
Over the past decade — and increasingly so in the past few years — West Phoenix and the broader West Valley of metro Phoenix have emerged as epicenters of explosive commercial and residential growth. Fueled by a potent confluence of expansive land availability, robust infrastructure investments and escalating demand, this region is rapidly transforming from suburban fringe to a … [More]
New Industrial Campus in Goodyear to Add a Retail Component
Now online, Goodyear AirPark Phase I is a 1.6 million-square-foot, six-building Class A industrial project. Full-service commercial real estate firm Lincoln Property Company and Scottsdale-based Harvard Investments designed the development to meet Phoenix’s evolving demand for mid- to large-scale industrial space, has come online. It was delivered with full utilities … [More]
First Walkable Senior Living Community in Old Town Scottsdale
Empire Group of Companies, through its luxury urban infill division Aspirant Development, and Brinkmann Constructors broke ground recently on The Osborn, the first high-end senior living community in Old Town Scottsdale to offer walkability to the area's rich array of dining, retail and cultural amenities. The 226-unit, 420,000-square-foot project will deliver a full continuum … [More]
Transforming Legacy Buildings into Next-Gen Office Destination
Phoenix-based developer George Oliver, in partnership with Ascentris, has launched plans for Arbor Old Town, a new luxury office redevelopment in the heart of Old Town Scottsdale. Spanning more than 360,000 square feet across three buildings and six acres at the prominent corner of Scottsdale and Indian School roads, the project will introduce the district’s first … [More]
Addressing Growth’s Power Supply Challenges with BESS and Microgrids
Data center development options showcase critical energy infrastructure
Stand Alone Battery Storage Facility or BESS facility Reliable power supply is fundamental to society, driving everything from daily household activities to complex industrial operations. However, the existing utility power infrastructure is increasingly challenged by rising demand, aging systems and the pressures of integrating new technologies. This has led to … [More]
Class-A Industrial Completed Adjacent to the Scottsdale Airport
LGE Design Build, an award-winning integrated design-build firm, recently completed construction on Thunderbird Commerce Park, a 243,360-square-foot Class-A industrial building in Scottsdale Airpark developed by Creation. Blending a refined industrial aesthetic with operational flexibility, the project is situated on an 18-acre parcel east of the southeast corner of … [More]
New Build-to-Rent to Serve Housing Need in Scottsdale
Build-to-rent communities Corsica Villas at 20th St. and Corsica Villas at Euclid Ave. are being developed concurrently. These represent the first in Arizona for Rockefeller Group, the U.S. real estate developer, owner and operator. With Mosaic as general contractor, vertical construction recently began on the 152 one- and two-bedroom townhomes that will be delivered in the … [More]
The Switchyard: Major Multi-Use Development for Queen Creek
Leading real estate developer Creation, in partnership with Horizon Real Estate Ltd., broke ground recently on The Switchyard, a $120-million mixed-use project poised to become Queen Creek’s first walkable, design-driven district, uniting sought-after restaurants, retail, offices and future residential. Tenant interest is strong, with three restaurants announced (Snooze, an … [More]
Skyline Ranch Marketplace: Major Retail Coming to San Tan Valley
SRS Real Estate Partners recently completed the $10-million sale of a 31-acre commercial land parcel at the northeast corner of Hunt Highway and Gary Road in San Tan Valley, Arizona. The transaction marks a significant milestone in the commercial expansion of the rapidly growing southeast Phoenix submarket. The property was sold by WinCo Foods, which originally acquired the … [More]
Low-Coverage Development for an Evolving Industrial Demand
ATLAS Exchange, a project planned for a 38-acre parcel in Mesa by Scottsdale-based ATLAS Capital Partners with Hawkins Development Company, breaks with traditional land-usage development with its low-coverage building designs with large, secured and screened yards, offering operational flexibility to an increasingly diverse Arizona industrial market. “This style of product is … [More]
Customary, Elevated & Unexpected: Amenity Trends across the Real Estate Spectrum
Nearly every trend report for 2025 is saying that amenities are leaning more personalized and user focused. The interesting part of that is it’s not industry specific; it is across the board for offices, travel and hospitality, multifamily, and single family. HqO, a leading office building operations company, has conducted research that stresses, “Understanding tenant … [More]
Construction Begins on Nexus Commerce Center
Construction has begun on Nexus Commerce Center, a 273,000-square-foot Class-A industrial park designed to accommodate a variety of tenants, including light manufacturing, assembly, research and development, logistics and fulfillment. The infill project from Creation, a Phoenix-based real estate development and alternative investment firm, and LGE Design Build, a premier … [More]
New Build-to-Rent in Maricopa Addresses AZ Housing Shortage
Dominium, a leading national affordable housing owner, developer and manager, recently broke ground on its first Build-to-Rent community in Maricopa. Saddleback Village at Stonegate will offer 215 high-quality homes, each with three and four bedrooms in the fast-growing area. The community will feature a playground, private backyards and outdoor amenity spaces. To live at … [More]
Class-A Industrial Completed Adjacent to the Scottsdale Airport
LGE Design Build, an award-winning integrated design-build firm, recently completed construction on Thunderbird Commerce Park, a 243,360-square-foot Class-A industrial building in Scottsdale Airpark developed by Creation. Blending a refined industrial aesthetic with operational flexibility, the project is situated on an 18-acre parcel east of the southeast corner of … [More]
Tariffs and Their Impact on Commercial Real Estate
Developers must strategize on sourcing and usage
In recent months, there has been increasing concern among commercial real estate professionals with the potential impact of new tariffs. These tariffs, introduced as part of broader trade policies, have affected various industries, with commercial real estate being no exception. From construction costs to property values, these tariffs are resonating across the CRE sector, … [More]
