Peoria Archives

Plaza Companies gets negotiating rights to parcel along Loop 101

Plaza Companies
by in AZRE Magazine

The City of Peoria is continuing to push its economic development efforts with a new agreement with Plaza Companies on a critical 14-acre parcel at the southwest corner of Loop 101 and Peoria Avenue. The Peoria City Council voted last week to grant Plaza Companies exclusive negotiating rights on the city-owned parcel with the goal of creating a new commercial office… Read More →

Signs of life: medical office leasing gains momentum

medical office
by in AZRE Magazine | Brokerage | Newsmakers

Plaza Companies’ Brokerage Services Team secured six significant new leases as part of increasing momentum in the medical office real estate sector. The six leases exceed 39,000 square feet, ranging from 3,000 square feet to 12,131 square feet and boasting a total value of more than $4 million. Sharon Harper, president and CEO of Plaza Companies, says the six transactions were representative of an… Read More →

Arizona Forward honors environmental excellence

Northern Arizona University’s International Pavilion earned the coveted President’s Award at Arizona Forward’s 36th Annual Environmental Excellence Awards.

Deemed a “building of the future,” Northern Arizona University’s International Pavilion earned the coveted President’s Award (Best of Show) in Arizona Forward’s 36th Annual Environmental Excellence Awards presented by SRP. Jurists praised the facility as among the greenest building of its kind in the world. Arizona Forward celebrated the 36th anniversary of its historic program… Read More →

Evergreen Development acquires 1.12-acre parcel in Peoria

Evergreen Development
by in AZRE Magazine | Site Selection

Evergreen Development acquired 1.12 acres of land adjacent to the new Fry’s Marketplace development at 25355 N. Lake Pleasant Pkwy., on the northeast corner of Happy Valley Road and North Lake Pleasant Parkway in Peoria. Evergreen plans to break ground on the planned 7,550-square-foot multi-tenant building this month. The Shops at Lake Pleasant are already 70… Read More →

Maracay Homes buys 142 acres in Peoria

Maracay Homes

Maracay Homes, a wholly owned company of the TRI Pointe Group (NYSE:TPH), closed on a two-parcel, $31 million land purchase at The Meadows, a master-planned community located in the fast-growing northern section of Peoria, Ariz.. The acquisition — in combination with an additional $17 million land purchase by the homebuilder 15 months earlier at the… Read More →

Construction starts on 173 North Peoria homes

North Peoria Homes

Maracay Homes broke ground on the first phase of an upcoming North Peoria residential community, The Meadows, Thursday. Peoria Mayor Cathy Carlat and members of the Peoria City Council joined Maracay Homes for the ground breaking ceremony of the first 173 homes that will be built in the community. Located at the gateway to the city’s… Read More →

Business leaders market Arizona to the world at Washington summit

Arizona

They came from the state and from several cities, but business leaders at an event in Washington this week had a common goal – convincing foreign business owners that Arizona is the right place for them. Officials from the Arizona Commerce Authority, the Greater Phoenix Economic Council, the Salt River Project and the cities of Gilbert,… Read More →

After waiting since downturn, developers start construction

Senior living
by in AZRE Magazine | Construction | Senior Living

Since 2005, developers have been sitting on land at the southwest corner of Olive and 107th Avenues in Peoria, waiting for the right time to move forward with the right project. Tuesday, Chicago-based general contractor Lamp Incorporated announced that the time is now. The lot will be the site of The Mission at Agua Fria—a… Read More →

CRE industry helps West Valley rise

Loop 303 I-10 Interchange

Communities where folks live, work and play has been the foundation from which the West Valley has grown, but many West Valley residents have been left out of the fun as they spend a large amount of time commuting to the East Valley for work. WESTMARC and its new CEO Sintra Hoffman hope to change… Read More →

Bank 34 parent company going fully public

78481357

Alamogordo Financial Corp., the parent company for Bank 34 (the “Bank”), announced today that its Board of Directors, together with the Boards of Directors of AF Mutual Holding Company and the Bank, have unanimously adopted a Plan of Conversion and Reorganization (the “Plan of Conversion”). Pursuant to the Plan of Conversion, the MHC will sell… Read More →

Spring Training boosts some cities while others wait

Spring Training

Building spring training facilities for big-league clubs is considered an investment by Valley cities that will spur development. Some of the 10 Cactus League venues have come through, with one city manager calling March the city’s “second Christmas.” Others are struggling. Here’s a look at how some Cactus League stadiums are doing: Sloan Park, Mesa … Read More →

New independent financial advisory firm opens in Arizona

startup

After serving the community for more than five years as a partner with Strategy Financial Group, Andrew Rafal announced the opening of his new, independent, investment advisory firm, Bayntree Wealth Advisors. With a new tag line “You Dream. We Plan.” Rafal will continue serving his clients throughout Arizona and the United States by working to help them… Read More →

Environmental Excellence Awards honor state’s best

bioscience

The Sun Link Tucson Streetcar earned the coveted President’s Award (Best of Show) in Arizona Forward’s 35th Annual Environmental Excellence Awards, held in partnership with SRP. The project is the first Made in America streetcar in nearly 60 years. Arizona Forward celebrated its 35th milestone anniversary of this historic program, in addition to the competition’s… Read More →

WESTMARC seeks Best of the West nominees

Jackrabbit Trail

WESTMARC is seeking nominees for its 23rd Annual Best of the West Awards, celebrating the best of Western Maricopa County, in partnership with Cox Communications, and with support from Gila River Indian Community, Republic Media, APS, CopperPoint Mutual Insurance, Arizona Cardinals, and Sub-Zero. The purpose of the Best of the West Awards program is to recognize… Read More →