Tag Archives: Sierra Vista

Sierra Vista I and II apartments, CBRE

Sierra Vista apartments sell for $23.825M in Tempe

CBRE has completed the sale of Sierra Vista I and II located at 710 and 615 S. Hardy Dr. in Tempe, Ariz. The garden-style apartment community consists of 239 and 228 units, respectively, and commanded a sale price of over $23.8 million.

Tyler Anderson, Sean Cunningham, Brian Smuckler and Jeff Seaman with CBRE’s Phoenix office represented the seller, Sierra Vista Apartments, LLC of Leawood, Kansas. Bert Kempfert, also with CBRE, represented the buyer, Newport Beach, Calif.-based FPA Multifamily, LLC.

Sierra Vista I and II offer a unique opportunity in an irreplaceable north Tempe location. The Tempe submarket is one of the most vibrant in the metropolitan area and will only continue to grow in the 21st century,” said CBRE’s Smuckler. “This 18-acre property has the potential to be redeveloped as a new core-plus multifamily community, capitalizing on not only the student population of ASU, but the numerous nearby mixed-use development projects currently underway.”

Sierra Vista I and II are both less than one mile west of downtown Tempe, ASU and Rio Salado, an innovative 840-acre mixed-use urban project designed to meet the recreational, environmental and economic needs of the Tempe community. The property benefits from proximity to the industrial parks north and east of US 60 in west Tempe, as well as to the high tech jobs corridor along the Loop 101 Freeway and the large and growing employment center surrounding Sky Harbor International Airport.

Built in 1975 Sierra Vista I is located on University Drive in Tempe. The property is situated on approximately 9.04 acres. Community amenities include two large swimming pools, sport court, handball court, leasing office, two on-site laundry facilities, secured access gates, picnic areas with charcoal barbecues and an internet café with coffee bar.

Sierra Vista II, which was built in 1971, is located on 7th Street just east of Hardy Drive in
Tempe. The property sits on approximately 8.96 acres and is attractively landscaped. Community amenities include a large swimming pool, 24-hour fitness center, two on-site laundry facilities, picnic areas with charcoal barbecues and access to all the amenities at Sierra Vista I.

BORDER GOVERNORS

Brewer signs photo radar bill

Arizona Gov. Jan Brewer has signed a bill requiring state transportation officials to confirm there’s a legitimate safety need before they allow cities to put photo enforcement cameras on state highways.

A Senate amendment to House Bill 2477 passed by the Legislature softened a requirement that cities show photo enforcement has improved safety if they want to renew their state permits every three years. The bill Brewer signed into law Wednesday allows non-renewal only if it can’t be shown the cameras are maintaining a “positive impact” on public safety.

Eight cities and towns now use photo radar on stretches of state highways, and Casa Grande and Sierra Vista are working with the Arizona Department of Transportation to add them.

Future of Technology - AZ Business Magazine January/February 2012

Microchip Announces FIRST Robotics results

Microchip Technology Inc., a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced the results of the 2013 FIRST® Robotics Competition (FRC) Arizona Regional, held March 22-23, 2013 in Chandler.

Phoenix’s Carl Hayden High School; Tempe Preparatory Academy, Tempe; and Buena High School, Sierra Vista qualified to compete in the 2013 FIRST Robotics Competition Championship, April 25-27, 2013 in St. Louis, MO. Kingman High School/Kingman Academy of Learning, Kingman; Yuma High School, Yuma; and Rockwell-Collins & Escondido Charter High School, Escondido, Calif. were Regional Finalists.  Students had six weeks to build a robot capable of competing in this year’s competition, the game called Ultimate AscentSM, where teams joined forces to fling saucer-like discs through various slots during several two-minute and fifteen-second matches.  Extra points were scored for robots that could hang from a 10 foot tower in the final seconds of the match.  Any student participating on a FIRSTteam is eligible to apply for more than $16 million in scholarships.

“The engineering challenge presented by FIRST to build a functioning robot that must accomplish specific tasks inspires students to find creative solutions using math, science and engineering, while adhering to strict deadlines.  Working with industry mentors, students learn marketable skills such as working on a team, critical thinking, marketing and problem solving, while having fun at the same time,” said Steve Sanghi, president and CEO of Microchip Technology, co-chair of the FIRST Arizona Regional Planning Committee, FIRST sponsor and member of the FIRST Board of Directors.

Chandler, Ariz.-based Microchip Technology is the organizing sponsor of the FRC Arizona Regional.  Fifty high-school robotics teams competed in the 2013 FRC AZ Regional, including 44 teams from Arizona, three from New Mexico, two from California and one from Mexico.  AZFirst, a non-profit organization, awarded the Steve Sanghi Scholarship to Bianca Rodriquez, a senior at Carl Hayden High School, Phoenix, AZ.  Funded by Steve and Maria Sanghi, this scholarship totals $16,000 over four years, and is awarded to an outstanding FIRST participant who intends to pursue a college degree in science, technology, engineering or math.  Coconino High School won the Regional Chairman’s Award, which recognizes the team that best represents a model for other teams to emulate, and embodies the purpose and goals of FIRST.  Christine Sapio, teacher at Coconino High School, Flagstaff, a FTC (FIRST Technical Competition) Affiliate Partner, received the “Outstanding Volunteer of the Year” award for her success in growing the FTC robotics program for middle-school and high-school students.

Additionally, Dave Thompson, FIRST coach at Coconino High School, received the Woodie Flowers Finalist Award, which recognizes a teacher or engineer who demonstrates excellence in teaching science, math and creative design.  Chris Brandt from Saguaro High School in Scottsdale was awarded the “Arizona Teacher of the Year,” based upon an essay written by his students.

Generous supporters of the 2013 FRC Arizona Regional included Organizing Sponsor Microchip Technology; Leader in Technology Sponsor Microchip Technology Employees; and Captain of Innovation Sponsors Army ROTC, Avnet, Craig and Barbara Barrett, Medtronic Foundation, Microchip Technology and Wells Fargo.  Friends of the Future Sponsors included Best Buy Children’s Foundation, Go Daddy, ON Semiconductor, and Steve and Maria Sanghi.  Regional Fan Sponsors included Chase Giving Foundation and Wishes in Stitches/Alan and Margaret Jannuzzi.

Due to the growth of local FIRST programs First Lego League, FTC and FRC), two separate FRC Arizona regional events are expected to be held in 2015.  Recruitment of FRC teams is currently occurring, with a goal of doubling the number of teams in the next two years.  For more information and to get involved, contact FIRST Regional Director Carol Popovich at carol.popovich@microchip.com or (480) 792-7938.