Construction Archives

East Valley development shows results of market health

Tempe
by in AZRE Magazine | Construction

Evidence of a healthy commercial real estate market can be seen throughout East Valley cities where economic development directors expect continued activity as a result of recent success stories and other big plans in the works. The cities of Chandler, Gilbert, Mesa, Scottsdale and Tempe share a common goal to progress their communities through economic… Read More →

Construction backlog for contractors reaches a new peak

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

Construction backlog for large contractors reached a new peak of 14.06 months during the second quarter of 2016 according to the Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) released Tuesday. The new high for companies with annual revenue above $100 million shattered the previous high of 12.25 months for any revenue segment, which… Read More →

Owners of The Met rejoin for hotel venture in Chandler

Towneplace Suite - The Met at Fashion Center
by in AZRE Magazine | Construction

Construction commenced today on a 109-unit TownePlace Suites by Marriott at the corner of Chandler Boulevard and Hearthstone Way in Chandler. Project owners include HCW Development  and Statesman Group of Phoenix. This same duo brought The Met at Fashion Center luxury apartments to Chandler in the fall of 2015. The Towneplace Suites development is located on two acres adjacent to the 303-unit Met at… Read More →

Construction input prices decrease in August

Construction employment
by in AZRE Magazine | Construction

Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices were down 0.2 percent on a month-over-month basis and 1.7 percent on a year-over-year… Read More →

Refugees, former inmates may be solution to skilled labor shortage

Courtesy of Arizona Builder’s Exchange
by in AZRE Magazine | Construction

A recent uptick of construction throughout Arizona has generated an increased demand for skilled laborers, which staffing companies are trying to meet despite the shortage of skilled labor. “You can throw a rock in any direction and hit a construction site,” says 1-Call Staffing Owner Matt Beller. “There is just so much going on right… Read More →

P.B. Bell breaks ground on Uptown Phoenix apartments

Uptown Phoenix apartments
by in AZRE Magazine | Construction | Multi-Family

Multifamily housing developer, P.B. Bell, started construction on The Curve at Melrose, a new luxury apartment community positioned within the Melrose District in downtown Phoenix. Located at the northeast corner of Glenrosa Avenue and 6th Drive, The Curve at Melrose will offer 204 luxury apartment homes in a vibrant and eclectic urban neighborhood positioned within walking distance… Read More →

Construction employment falters in August, report shows

Construction employment
by in AZRE Magazine | Construction

The U.S. construction industry lost 6,000 net jobs in August according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released Friday by Associated Builders and Contractors (ABC). BLS also downwardly revised July’s estimate from 14,000 net new jobs to 11,000 net new jobs meaning that the construction industry has lost 25,000 net jobs… Read More →

Construction on first Gilbert Spectrum Business Park office starts

Gilbert Spectrum
by in AZRE Magazine | Construction

SunCap Property Group has begun construction of a 60,000-square-foot office building in the Gilbert Spectrum Business Park in Gilbert, Arizona. This is the first of several planned buildings that SunCap is offering in the 63-acre park, located at the southwest corner of Elliot and McQueen roads. A total of 800,000 square feet of state-of-the-art office,… Read More →

Copper State Rubber groundbreaking supports growth in Avondale

Copper State Rubber
by in AZRE Magazine | Construction

Copper State Rubber, the manufacturer of industrial, oilfield and mine hoses, broke ground on a 150,000-square-foot corporate facility on Monday. The forthcoming facility will accommodate the increasing amount of manufacturing businesses coming to the West Valley– a positive sign of continued business opportunities and job growth, Avondale city officials said. Construction on the $25-30 million… Read More →

Pima Center to develop 150KSF expansion

Pima Center
by in AZRE Magazine | Construction | Industrial

MainSpring Capital Group, developer of the highly successful Pima Center at the Loop 101 and Via de Ventura in Scottsdale, announced plans to speculatively develop 150,660 square feet of light industrial space suitable for warehouse/assembly/distribution uses. The project is called ‘Mainspring Flex Phase III at Pima Center.’ MainSpring’s light industrial offering at Pima Center (of… Read More →

Q&A: ABA’s Mark Minter wants more construction training

Mark Minter
by in AZRE Magazine | Construction

The last few years have been turbulent for the construction industry in Arizona. But helping to calm the seas has been Arizona Builders Alliance, which represents more than 270 member companies, including contractors and professional service firms, serving the needs of the commercial and industrial construction industry. And leading ABA through the industry’s roller-coaster ride… Read More →

LGE Design Build starts construction on aerospace distribution facility

LGE Design Build
by in AZRE Magazine | Construction

LGE Design Build started construction on a new 33,000-square-foot distribution center for WireMasters, a distributor of wire, cable and associated electrical components for cable harnesses serving the military, aerospace and defense industry. The new distribution center, expected to be complete in early 2017, will serve the southwestern United States. Located at 1748 N. Higley Rd. in Mesa, the building… Read More →

LGE Design Build starts construction on Rainbow Ryders building

LGE Design Build
by in AZRE Magazine | Construction

LGE Design Build started construction on a new 12,000-square-foot office/retail building for Rainbow Ryders Hot Air Balloon Ride Company Inc. to accommodate the company’s expected growth during the next five years. The new building, located at 715 E. Covey Ln. in Phoenix near the Phoenix Deer Valley Airport, is scheduled to be complete in early to mid-2017. More… Read More →

Tempe selects developers for bio, tech campus

Tempe
by in AZRE Magazine | Construction

The City of Tempe moved forward with seeking the development of the city’s first biomedical and technology campus on 18 acres of Tempe land west of the Tempe Center for the Arts. On Thursday, the City Council selected a partnership of three businesses to negotiate with the city on a development agreement. The selected development… Read More →