Latest Posts - Economic Development

Cohen Financial Secures More Than $74.8M For Construction of 2 Multi-Family Properties

  Cohen Financial has arranged more than $74.8M in development financing for the Liv North Scottsdale and Liv Ahwatukee communities in Metro Phoenix. Both are luxury, Class A multi-family developments. … CONTINUE READING

Sundt Construction Awarded UA Engineering Innovation Building Project

  Sundt Construction has been awarded a contract to build a new interdisciplinary research center for the College of Engineering at the University of Arizona in Tucson. Sundt recently won … CONTINUE READING

Starbucks and Taco Guild Coming to ‘Old School O7′ This Fall

  Cassidy Turley has leased ±4,000 SF at Old School O7, with a Starbucks and Taco Guild set to open in the fall. Old School O7 is an infill redevelopment … CONTINUE READING

Beal | Derkenne To Begin 3rd Student Housing Project in Past 18 Months

  Beal | Derkenne Construction began work on the third student housing project within the past 18 months, this one in Tucson. The project is called Park Avenue. With the … CONTINUE READING

Real Estate Capital Partners-Vedura Residential JV To Develop $20M Multi-Family Complex in Chandler

    Real Estate Capital Partners (RECAP) of New York City has formed a joint venture with Vedura Residential of Scottsdale to develop Elevation Chandler, a $20M, 163-unit luxury multi-family … CONTINUE READING

Construction Employment Increases In 30 States Between February and March

  Construction employment increased in 30 states in March as the industry expanded but at a slower pace than in February, according to an analysis by the Associated General Contractors … CONTINUE READING

Industrial and Manufacturing in Metro Phoenix Metro: Signs of Optimism

  By David Bradley, Vice President, D.L. Withers Construction Guarded optimism is perhaps the best description. Viewed collectively over the past 12 months, we have seen signs of improvement in … CONTINUE READING

For More Than 30 Years, Arizona Chapter of SMPS Has Been Helping Build Relationships

  This year marks the 31st anniversary of the founding of the Arizona Chapter of the Society for Marketing Professional Services (SMPS), a community of marketing and business development professionals … CONTINUE READING

Construction Materials Prices Flat in March; Spikes in Key Items Leave Contractors Vulnerable as Pricing Remains Flat

  Prices for construction materials were flat in March, as plunging diesel fuel and metals prices offset increases in items used in new housing and nonresidential building renovations, according to … CONTINUE READING

Velocity Retail’s 1Q 2013 Market Report: Signs Of Improvement

  With the recent release of Velocity Retail’s Research Solutions Team’s 1Q 2013 retail quarterly numbers, Velocity Retail is excited to report positive improvements to the retail vacancy rate and … CONTINUE READING

Greater Scottsdale Airpark 2030 Report: On the Mend

  Jim Keeley, SIOR, CCIM, founding partner of Colliers International’s Scottsdale office, released his annual Greater Scottsdale Airpark 2030 Report, which provides a current and historical perspective on economic activity, … CONTINUE READING

‘Topping Out’ Set For Native American Connections’ New Multi-Family Project, UL2

  Native American Connections will be hosting a “Top Out Celebration,” celebrating the construction progress of its multi-family project in Downtown Phoenix, Urban Living on 2nd Avenue (UL2). The event … CONTINUE READING