multifamily construction Archives

Downtown Scottsdale’s Only New-Construction Condominiums Break Ground

iStar Residential has broken ground on the final  phase of Sage, the luxury condominium community along the Scottsdale Waterfront, that will be the only new-construction, for-sale condominiums in downtown Scottsdale. The construction, which is in excess of $35 million of residential real estate, signifies the first ground-up condominium development in Downtown Scottsdale since the recession.… Read More →

Construction Spending Reaches Highest Level Since December 2009

Construction spending in June rose to a 2-1/2 year high as double-digit percentage increases in private residential and nonresidential construction more than offset an ongoing downturn in public construction, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials said they expect the disparity between private… Read More →