RED Development Archives

Looking back (and forward) at $4.8 billion worth of Downtown Phoenix investment

Block 23 Downtown Phoenix
by in AZRE Magazine

Downtown Phoenix is where history meets the future. Over the last couple decades and especially in the last five years, a combination of factors, investments and new developments have aided in the revitalization of Downtown Phoenix and its continued resurgence into the future, which fosters a live-work-play environment unlike any other urban market in the Valley… Read More →

Valley Partnership serving up midyear update and forecast at May monthly breakfast

Downtown Phoenix at night
by in AZRE Magazine

Valley Partnership will hold its May monthly breakfast a week early on Friday, May 19, dishing out a midyear update for 2017 and a forecast for what’s to come for the rest of the year. A panel of local real estate developers will examine what’s happening at the federal level, while giving a hard look… Read More →

Fry’s in Downtown Phoenix breaking ground in April

Block 23 Downtown Phoenix
by in AZRE Magazine | Construction | Mixed-Use

Developers will finally break ground in Downtown Phoenix on the much anticipated Block 23 mixed-use development, which will house the area’s first grocery store. RED Development will break ground on Block 23, which is located at First and Washington Streets, on April 13. The project includes a Fry’s Food Stores, 200,000 square feet of creative office… Read More →

2017 RED Awards: And the winner is…

2017 RED Awards
by in AZRE Magazine

This year at the 12th annual Real Estate and Development (RED) Awards, AZRE recognized the top commercial real estate projects completed in 2016 along with the companies and people who made each one possible. Each year, AZRE receives hundreds of project nominations to be considered for a RED Award. Ultimately, three finalists projects are selected for each… Read More →

Fixing the food desert problem in downtown Phoenix

by in AZ Business Magazine

The U.S. Department of Agriculture defines a “food desert” as an area with little to no access to fresh, affordable and healthy food. The USDA has categorized several Phoenix locations as food deserts, one of those being downtown south of Roosevelt Street. There have long been efforts to remedy the problem of food accessibility and… Read More →

Phoenix Children’s Hospital Foundation raises nearly $1 million

Phoenix Children’s Hospital

Phoenix Children’s Hospital Foundation raised, with the help of the local community, $950,000 during the month of September for its first Go Gold campaign. This amount includes cash and in-kind donations. The fundraiser kicked off on September 1 for National Pediatric Cancer Awareness Month. Local businesses and the community joined this movement to support childhood cancer research through promotions… Read More →

Pita Café coming to Collier Center

Downtown Phoenix

Pita Café, a fast-casual Greek and Mediterranean restaurant, is opening its third Arizona location in the Collier Center in downtown Phoenix, according to an announcement from the restaurant and RED Development. This will be Pita Cafe’s first location to Phoenix, with two existing locations currently open in Scottsdale. Pita Café will open in a 2,120 square foot… Read More →

CBRE will market mixed-use Block 23 project

Block 23
by in AZRE Magazine | Office

CBRE will be marketing the three-story, 155,000 square-feet office portion of Block 23 at CityScape, the mixed-used project being developed by RED Development in downtown Phoenix. The property, located at the southeast corner of Washington and First Streets, is referred to as Block 23 because of its location in the original city plan. Jerry Roberts and… Read More →

Fry’s plans to open store in downtown Phoenix

by in AZRE Magazine | Retail

Fry’s Food Stores and RED Development today announced the popular grocer will open downtown Phoenix’s first full-service grocery store. Fry’s preferred location to build the new 55,000 square-foot grocery store would be on the surface parking lot bordered between Washington Street and Jefferson Avenue, located between CityScape Phoenix and Collier Center. The downtown grocer would… Read More →

RED Development and BIG USA add 5 properties to portfolio

BIG Shopping Centers USA and RED Development announced the addition of five retail assets totaling nearly 1.5 million square feet in two Midwestern states and Arizona to their recently launched joint venture BIG RED Portfolio, LLC. The partnership seeks to maximize market presence and performance of select U.S. retail properties in the Midwest and West.… Read More →

Steve Backman joins Phoenix VanTrust team

by in AZRE Magazine | Newsmakers

Steve Backman has joined VanTrust Real Estate, LLC as Vice President, Development. Mr. Backman’s new affiliation with VanTrust will further enable the Phoenix office to continue to grow. “I am truly excited to be joining the VanTrust Real Estate Team. The culture of the company, the exceptional team they’ve assembled and their desire to grow… Read More →

Thrill-seekers will rappel CityScape office tower

by in Eat | Experience AZ Magazine | Featured | Play | Stay

In an unconventional fundraising effort for Special Olympics Arizona, 160 thrill-seekers will rappel 27 stories in downtown Phoenix on Saturday, Dec. 13 from 8 a.m. to 5 p.m. This year’s event is sure to soar to new heights with supporters such as Dallas Cowboys Announcer Kevin Ray. Sponsors CityScape Phoenix and RED Development host the… Read More →

Keith Earnest leaves RED, joins VanTrust Real Estate

by in AZRE Magazine | Blogs | In The Spotlight | Newsmakers

VanTrust Real Estate, LLC announced Wednesday that Keith Earnest has joined the firm as its executive vice president and market leader to grow and manage the local VanTrust real estate portfolio. Prior to joining VanTrust, Earnest spent nine years with RED Development as executive vice president of development. While at RED his resume included the… Read More →

Aspen Place at the Sawmill project gains momentum

RED Development today announced that its Flagstaff, Ariz. Development, Aspen Place at the Sawmill, recently broke ground on its housing component, Village at Aspen Place. The apartments’ ground breaking follows several high profile openings, lease signings and the announcement of a major transition for one of the development’s main anchor’s, New Frontiers. New Retail and… Read More →