Construction Archives

Fann Contracting wins big at Arizona Transportation Partnering Excellence Awards

The Partnering Excellence Awards competition, which began in 2005, is designed to recognize partnership teams that demonstrate a high degree of achievement through their practice of partnering principles and their application of the partnering processes related to the transportation industry. At the 2016 Arizona Transportation Partnering Excellence Awards, presented at the ACEC Arizona Conference in Tucson, Fann… Read More →

McCarthy adds 6 civil construction experts in Phoenix

McCarthy Building Companies
by in AZRE Magazine | Construction

McCarthy Building Companies Inc., a full-service general contractor with specialized building groups, recently expanded its civil contracting team with the addition of six experienced civil contractors to the firm’s Southwest Division. McCarthy’s specialized civil building group uses a multi-disciplinary approach to civil contracting and provides client partners with resources from project conception through completion. The group… Read More →

Homebuilder pays $3.5M for 18 acres in sought-after submarket

Cushman & Wakefield announced that CRG Financial Partners, LLC sold 18.1 acres at the southeast corner of Loop 303 and El Mirage Road in Maricopa County for $3.5 million to Scottsdale-based AV Homes of Arizona, LLC. Brian Rosella of Cushman & Wakefield represented the seller. AV Homes of Arizona, the developer and builder of active… Read More →

Studio Ma set to break ground on Hollyhock Apartments

by in AZRE Magazine | Construction

Studio Ma announces its newest designed housing project in Phoenix; Hollyhock Apartments. The project is Studio Ma’s latest urban infill project located in the Arcadia neighborhood of Phoenix, in the foothills of Camelback Mountain. This small density development provides 11 dwelling units with private gardens in one- and two-story apartments on a half-acre site. Outdoor… Read More →

CA Senior Living breaks ground on 2 communities in Arizona

by in AZRE Magazine | Construction

CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, announced it has broken ground on two senior living communities in Arizona: a 101-unit development in Oro Valley, a north suburb of Tucson, and a 115-unit community in Gilbert, a southeast suburb of Phoenix. Seattle-based Living Care Lifestyles will operate… Read More →

Check out progress of Arizona Center’s $25 million renovations

Arizona Center
by in AZRE Magazine | Construction | Retail

The $25 million Arizona Center renovations have made some progress and we’ve got photos of the recently completed areas. Developers completed work on the lobby and tenant amenities floor of the One Arizona Center building at the Arizona Center. Click on the slideshow to view the photos in fullscreen   Provided photos The renovations at… Read More →

Construction job growth led by nonresidential sector

nonresidential construction
by in AZRE Magazine | Construction

National construction employment remained largely unchanged for the second consecutive month, adding 5,000 net new jobs on a seasonally adjusted basis in April, according to analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). The nonresidential construction sector added 3,200 net new jobs in April after adding 8,500… Read More →

Watt Communities sees domino effect of success

Watt Communities of Arizona today announced that it has reached 100 percent sold out at Dorsey Lane, the residential townhome community near downtown Tempe that marked the company’s entrance into Arizona’s upscale urban infill housing market. Today, Watt’s presence has expanded into a $73 million project pipeline, with six properties either under construction or now… Read More →

Construction cam lets viewers track Phoenix Raceway project

Camping World 500
by in AZRE Magazine | Construction

Race fans will now be able to keep continuous track of the construction progress at Phoenix Raceway by visiting www.NewPhoenixRaceway.com, as the modernization project’s webstream camera goes live. The DC Solar Construction Cam will provide fans with a way to keep tabs on the progress of the Phoenix Raceway Project Powered by DC Solar on… Read More →

Phoenix-based commercial contractor makes announcement about its future

construction

With new ownership and a new name, the large commercial builders RJM Construction Phoenix announced it will be doing business as Venn Companies moving forward. Established in the Valley in 2010, RJM Construction Phoenix had built a  reputation of delivering high quality commercial interiors and building success from the ground up. Venn Companies is the commercial tenant improvements… Read More →

New pair of self-storage facilities receive $13M in construction financing

Cohen Financial, a division of SunTrust Bank and a national real estate capital services firm, announced today that it has arranged $13 million construction financing with a regional bank to develop two self-storage properties in the Greater Phoenix. Both properties are multi-level and 100 percent air-conditioned. Kevin Sellers, director of capital markets in the Cohen… Read More →

Construction commences on $50M renovation of Renaissance Square

Renaissance Square

Construction commenced today on phase one of a $50 million renovation of Renaissance Square, Downtown Phoenix’s iconic office towers at 2 and 40 N. Central Avenue. In a joint venture, Oaktree Capital Management, L.P., and Cypress Office Properties, LLC, purchased Renaissance square from Hines U.S. Core Office Fund, L.P last year for $151.25 million. The $10 million first… Read More →

Dexcom renovates warehouse into medical device manufacturing space

Skanska, one of the largest construction and development firms in the United States, is finishing construction on phase one of Dexcom’s facility located at 232 S. Dobson Road in Mesa. This 145,000-square-foot project is a build-out of an existing shell building. The first phase includes the renovation of a 60,000-square-foot industrial warehouse to medical device manufacturing space… Read More →

Stevens Leinweber Construction promotes Jamie Godwin to owner

by in AZRE Magazine | Construction

Stevens Leinweber Construction (SLC) announced that Jamie Godwin, vice president, has become an equal partner of the company through the purchase of common stock shares. This marks the first time in 36 years that the company has seen additional ownership.  Duties of his shared ownership with Mike Stevens, president and Mark Leinweber, also a vice… Read More →