New to Market Archives

Deco Communities announces Edison Midtown in Phoenix’s Central Corridor

Courtesy of Deco Communities

Midtown Phoenix is getting a hip new neighbor. Scottsdale-based Deco Communities has closed on a key parcel of land that will be transformed into Edison Midtown, a new urban contemporary condominium in the heart of Phoenix’s urban core. Located at 2346 N. Central Ave. the address says it all, Edison is central to Midtown’s buzzing… Read More →

CityScape welcomes first residents

CityScape Residences model penthouse
April 14, 2014 by in AZRE Magazine | Featured | Multi-Family

In February, the first residents moved into the CityScape Residences, a collection of 224 luxury apartments that sit atop Kimpton’s Hotel Palomar Phoenix.

113,880 SF industrial showroom project to break ground in May in Deer Valley

Screen shot 2014-04-14 at 10.12.40 AM

The 17/Union Hills Business Center, a two-building, 113,880 SF industrial and showroom project is expected to break ground May 2014 at 2350-2400 West Union Hills Drive in Phoenix. The multi-tenant project consisting of 61,320 SF and 52,560 SF buildings will feature 24’ clear height, dock and grade level loading, ESFR fire protection and fenced truck… Read More →

Sequoia Pathfinder Academy

Sequoia Pathfinder Academy
April 10, 2014 by in AZRE Magazine | Education | New to Market

Edkey, Inc., the parent company of 16 Sequoia Charter Schools, has completed construction plans for the new $6.8M kindergarten through 6th grade Sequoia Pathfinder Academy at Eastmark, located on Eastmark Parkway north of Ray Road in Mesa. The new tuition-free elementary school, which will serve 400 students, is scheduled to open in August for the… Read More →

Deco Communities plans $37M joint venture on Envy Condos

Envy Condominiums rendering, WEB

Scottsdale-based Deco Communities has closed on a key parcel of land that will change the skyline of Old Town Scottsdale with the addition of a new luxury condominium tower. Slated for completion in 2016, the property is located at 4244 N. 75th St. Envy will include 90 elegantly appointed residential units and rise eight stories… Read More →

Fry’s Store #86 at Sundome Crossing

Fry's 86
April 7, 2014 by in AZRE Magazine | New to Market | Retail

Fry’s Grocery Store is taking the place of the historic Sundome. The design of the store will have wrought iron inserts on the sides of the building that were salvaged from the demolition of the Sundome. A fuel station and new retail shops building will also be housed on this 16-acre site. Developer: Brown Grace… Read More →

HFF arranges $14M in joint venture equity for Scottsdale condo project

Envy Condominiums rendering, WEB

HFF announced today that it has arranged $14M in joint venture equity for the development of Envy, a 90-home, mid-rise condominium project in downtown Scottsdale’s Entertainment District. HFF worked on behalf of the borrower, Deco Communities, to secure joint venture equity from an alternative investment manager. Envy will be situated on a one-acre site at… Read More →

Sundt Construction breaks ground on Friendship House at Royal Oaks

Friendship House, WEB

Sundt Construction has broken ground on the Friendship House at Royal Oaks Lifecare Retirement Community in Sun City, Ariz. The $13.6M project is a two-story memory care facility designed to provide lifestyle-focused accommodations for Royal Oaks residents with varying levels of cognitive needs. This is Sundt’s sixth project for Royal Oaks, speaking to the longstanding… Read More →

Southwest College of Naturopathic Medicine campus extension

Southwest College of Naturopathic Medicine

Southwest College of Naturopathic Medicine (SCNM) broke ground Jan. 8 on a new 47KSF mixed-use building. The $9.5M campus expansion supports the college’s record enrollment numbers, growing patient volume in the medical center and plans to add new degree programs and community classes to match the growing interest in naturopathic medicine. The campus expansion will… Read More →

Jefferson on Legacy

Jefferson-on-Legacy

This project phase will bring a 322-unit luxury apartment community within the One Scottsdale master-planned development located at the NEC of the 101 Freeway and Scottsdale Road. One Scottsdale is an 80-acre mixed-use property planned for specialty retail, dining, Class-A office and hotel uses. Developer: TDI Real Estate Holdings General Contractor: TDI Construction Services LLC… Read More →

Mercedes-Benz of Scottsdale

mercedez benz scottsdale
April 1, 2014 by in AZRE Magazine | New to Market | Retail

Mercedes-Benz of Scottsdale officially opened at the end of December across from Barney’s at Scottsdale Fashion Square. The relocated and newly named Mercedes-Benz of Scottsdale dealership features 115K SF of space on three levels. The building was modified from an old office space to accommodate the showroom along Scottsdale Road, full-service shop with fully enclosed… Read More →

The Annex

postino
April 1, 2014 by in AZRE Magazine | New to Market | Retail

Adaptive reuse of a 1952 school building into a two-restaurant building with large patios adjacent to College Avenue and across the street from the new College Avenue Commons. Developer: Wetta Ventures General Contractor: UEB Builders Architect: Brick & West, LLC and RSP Architects Location: College Avenue and 6th Street, Tempe Size: 7,323 SF Value: $1.2M… Read More →

Av-Air breaks ground on 162,500 SF, multi-building project totaling $15M

av air front-S2, WEB

Arizona-based Av-Air, Inc. has hired Sun State Builders to construct its new two-building, 162,500+ SF headquarters for a total project cost of nearly $15M. The 6.17-acre parcel at 6877 W. Frye Rd., Chandler, Ariz., fronts the Loop 202 Freeway in Santan Technology Park. Av-Air purchased the property and broke ground soon after. Andy Ogan, Principal… Read More →

128-Unit Senior Housing Community Comes to Ahwatukee

Rendering of Generations at Agritopia (a sister property). Renderings of the Ahwatukee location are not yet completed.

Investment Property Associates, LLC (IPA) and Retirement Community Specialists (RCS) have partnered for a second time to develop a senior living community in Ahwatukee near the southwest corner of Chandler Boulevard and 50th Street.  The 8-acre site of the planned senior community is part of a 35-acre mixed-use parcel acquired by IPA in 2012. The… Read More →

Construction on Sagewood Senior Living Casitas Begin Due to Market Demand

Sagewood Casita Patio, WEB

Strong community sales and a recovering housing market has spurred the second phase of casitas now under construction at Sagewood, a Life Care Services community featuring resort-like amenities and health care services for senior living. The detached casitas range from 2,173 to 2,326 SF for a two bedroom, den and two-and-a-half bath design offering a… Read More →

Groundbreaking Arrives for Phase I of Airport I-10 Business Park

Oblique & Renderings of Airport I-10-1

Groundbreaking day has arrived for the first phase of Airport I-10—a Wentworth Property Company/Clarion Partners Class-A industrial project being leased by the Phoenix office of JLL that, at completion, will represent one of the largest Sky Harbor Airport-area speculative industrial developments in Phoenix history. Located at the northwest corner of 24th Street and Rio Salado,… Read More →

Raising Cane’s® Chicken Fingers Continues Its Arizona Expansion

Raising Canes, WEB

Cassidy Turley has completed a  0.83-acre (36,213 square feet) build-to-suit lease for MRG Marketing & Management, Inc., Southwest franchise partner for Raising Cane’s Chicken Fingers, at Arrowhead Marketplace, located at the northwest corner of Bell Road and 79thth Avenue in Glendale. Cassidy Turley Vice President Mark Bramlett represented MRG in its lease transaction with the… Read More →

Velocity Retail Group Negotiates First Redesigned Popeye’s for Phoenix

Popeyes, Velocity, WEB
March 13, 2014 by in AZRE Magazine | Brokerage | New to Market | Retail

Velocity Retail Group, LLC announces that the first newly redesigned prototype for Popeye’s Louisiana Kitchen will be built at the southwest corner of Elliot Road and Priest Drive in Tempe, Ariz. President Dave Cheatham,  Vice President Michael Clark and Associate Nick Ault of Velocity Retail Group represented Popeye’s in the transaction. The landlord TPP JV… Read More →

Scottsdale Developer to Revisit Mixed-Use Project in Carefree

The Phoenix Art Museum would anchor the retail portion of the project.

The professionally laid back town of Carefree could soon be home to Arizona’s newest “Main Street” condo and commercial project, aptly named Easy Street both for the street it fronts and its cool, casual lifestyle. Butte Development is revisiting plans for the $90 million mixed-use project near Cave Creek Road and Tom Darlington Road.  The… Read More →

New to Market: Noah Webster School – Pima Campus

Courtesy of Adolfson & Peterson Construction
February 18, 2014 by in AZRE Magazine | Construction | New to Market | Other

Developer: Noah Webster Schools & Salt River Devco General Contractor: Adolfson & Peterson Construction Architect: Adolfson & Peterson Construction Location: Pima & Jackrabbit roads, Scottsdale Size: 51,502 SF Value: $5.4M Completed date: July 2014 Project Description: The two-story framed K-6 charter school facility will feature 32 classrooms, including music and art rooms, a multi-purpose gym… Read More →

McCarthy Selected as General Contractor for OdySea Aquarium

OdySea, WEB

McCarthy Building Companies was recently selected as general contractor for the OdySea Aquarium, a new Scottsdale-based attraction slated to break ground summer of 2014 and open in the fall of 2015 at Via De Ventura and the 101 in Scottsdale at the Salt River Pima-MaricopaIndian Community, adjacent to Butterfly Wonderland and the Odysea Mirror Maze.… Read More →

McCarthy Building Cos. Completes APS Hyder II Solar Facility

APS Hyder II, WEB

McCarthy Building Companies recently completed the installation of a large-scale solar project called Hyder II for Arizona Public Service (APS), which owns and operates the plant. Located on 240 acres in eastern Yuma County, Hyder II uses more than 71,000 single-axis tracking photovoltaic panels to generate 14 megawatts (MW) of solar energy, enough to serve… Read More →

The Magic’s in the Makeup: The Shopping Centers of the Past Are the Future

metrocenter, WEB

From fresh paint to new market positions, shopping centers are pumping in deferred dollars to greet the returning retail dollars. “When things stay the same, that’s scary,” says Stan Sanchez, president and partner of De Rito Partners, about the shift in the Arizona shopping center marketplace. “There’s no doubt that location, location, location is still… Read More →

New to Market: Quail Run Building Material

Quail Run, WEB
January 31, 2014 by in Industrial | New to Market

When Douglas Stroh, principal of Stroh Architecture, was awarded the job to design a new manufacturing facility for Quail Run Building Materials in the Ak-Chin Indian Community’s Santa Cruz Commerce Center, he knew he had unique opportunity. Quail Run, which has outgrown its current Phoenix location and is now owned by Ak-Chin, manufactures cold-formed steel… Read More →