Construction Archives

Construction starts on Tempe mixed-use project at University Drive and Forest Avenue

the-opus-group_rendering_tempe-mixed-use-project-2
by in AZRE Magazine | Construction | Mixed-Use

The Opus Group started construction on a 407-unit residential and retail mixed-use development in Tempe. The project covers nearly an entire city block on the northwest corner of University Drive and Forest Avenue and will transform a surface parking lot into high-rise apartments and retail. The project is owned by a joint venture partnership between Opus… Read More →

Construction job growth accelerates in November

Construction Materials
by in AZRE Magazine | Construction

The U.S. construction industry added 19,000 net new jobs in November and has now added jobs for three consecutive months, according to analysis of U.S. Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC). Industry employment is up by 2.4 percent on a year-over-year basis, considerably faster than the overall economy’s 1.6… Read More →

Scottsdale Fashion Square announces big renovation plans

Scottsdale Fashion Square will add to its luxury reputation with a striking new entrance and arrival point. (Provided rendering by Scottsdale Fashion Square)

Enhancements to Luxury Offerings Will Be First Phase; Louis Vuitton Announces Major Store Renovation in 2017   Macerich, one of the nation’s leading owners, operators and developers of one-of-a-kind retail properties in top markets, today announced a phased project to further enhance the iconic Scottsdale Fashion Square. Plans include a renovation of the luxury wing followed… Read More →

Firm uses modern solutions to reduce construction funding risk

homes

It’s no secret that construction is seen as one of the most high-risk industries to fund. Between 2011 and 2013, contractors had a 26 percent rate of failure, leaving behind thousands of unfinished projects. The root of the problem is cash flow and antiquated funding models. Contractors have relied heavily on loans and lines of… Read More →

Norris Design taps into Downtown Warehouse District via relocation

Norris Design's Phoenix offices will be located at 901 E. Madison St. in the heart of the Downtown Phoenix Warehouse District. (Photos provided by Norris Design)

Norris Design, a national landscape architecture, planning, and project promotion firm decided the best way to capitalize on the growth of the Phoenix Metro market was by moving into the heart of it. The company recently purchased a warehouse — located just east of Chase Field and totaling 12,400 square feet — at 901 E. Madison St., which it plans to renovate… Read More →

Opus Airport Industrial Development sold

Opus

The Opus Group  sold Opus Airport Industrial, a 393,300-square-foot Class A warehouse and distribution center it recently completed. The building was sold to an entity formed by Principal Real Estate Investors, a subsidiary of the global asset management company Principal Financial Group. Opus reports it is unable to disclose the project’s cost or sale price. The… Read More →

Nonresidential construction spending gains momentum

PHOTO BY: Risk Management | Monitor
by in AZRE Magazine | Construction

Nonresidential construction spending totaled $699.7 billion on a seasonally adjusted, annualized basis in October, a 0.3 percent decrease from September’s significantly upwardly revised total, but an increase of 2.6 percent year-over-year, according to analysis of U.S. Census Bureau data released Thursday by Associated Builders and Contractors (ABC). September’s nonresidential spending estimate was revised from $690.5 billion… Read More →

Construction starts on uptown Phoenix luxury apartments

Peak 16 is located near the Camelback Corridor in uptown Phoenix. Construction started on the luxury apartments in November. (Photo courtesy of VanTrust Real Estate)
by in AZRE Magazine | Construction

Construction is underway on Peak 16, a luxury apartment community located on 16th and Colter Streets in uptown Phoenix, by Kansas City-based VanTrust Real Estate. Designed by Phoenix-based ORB Architecture, the four-story, wood-framed, podium deck development sits on nearly four acres and is planned to be finished in March 2018. Phoenix-based Wespac Construction Inc. is the general contractor… Read More →

Earthworks Environmental expands, opens Florida offices

Earthworks Environmental
by in AZRE Magazine | Construction

Earthworks Environmental LLC expanded its operations to Florida and added two employees at its Arizona office, Principal Cherie Koester announced. Mark Hubbard will run the Orlando/Tampa/Jackson, Fla., office as a Lead Compliance Manager. Hubbard will be responsible for Storm Water Pollution Prevention (SWPP) manual preparation, notice of intent/notice of termination filing, SWPP program management, site inspections,… Read More →

Construction starts on McKesson Corporation offices in Scottsdale

McKesson Corporation
by in AZRE Magazine | Construction

Ryan Companies broke ground Wednesday on a 271,000-square-foot, two-story twinned office complex at the Chaparral Commerce Center, which will serve as McKesson Corporation‘s regional headquarters. Upon completion in 2017, the new building will be home to McKesson’s existing Scottsdale-based workforce of more than 1,400, with room to accommodate nearly 2,200 total jobs over the next five… Read More →

Construction unemployment rates improve in 33 states

Copper State Rubber
by in AZRE Magazine | Construction

October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released Tuesday by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.7 percent was down 0.5 percent from a year ago, according to data from the Bureau of Labor Statistics (BLS). Arizona… Read More →

Construction input prices remain flat in October

Construction Employment
by in AZRE Magazine | Construction

Construction input prices remained unchanged in October and are just 0.5 percent above where they were a year ago, according to analysis of the U.S. Bureau of Labor Statistics Producer Price Index released Wednesday by Associated Builders and Contractors (ABC). Despite the modest increase in the aggregate input price level, Wednesday’s report represents the largest year-over-year… Read More →

ASU showcases sustainable pavement methods

sustainable pavement methods

The 13th Annual Arizona Pavements/Materials Conference took place on Arizona State University’s Campus Tuesday morning to demonstrate six different types of sustainable pavement. Demonstrations took place on Orange Street and McAllister Avenue where folks from ASU, the Arizona Department of Transportation and the Federal Highway Administration showcased the sustainable pavement types. “What we have here… Read More →

Wasson builds new retail center, demolishes iconic building

Wasson completed construction on a 13,000-square-foot retail building at Mesa Riverview housing tenants such as Fired Pie, Aspen Dental, Starbucks, Menchie's Frozen Yogurt and Mattress Firm.
by in AZRE Magazine | Construction | Retail

For Mesa-based Wasson Commercial Contracting, it’s in with the new and down with the old at two construction sites in the Valley. Wasson completed construction on a 13,000-square-foot retail building at the NEC of Dobson and Bass Pro Drive at Mesa Riverview. As that project was going up, Wasson was salvaging the building that once… Read More →