SRP Archives

Colliers International Completes $7.8M Sale of Tempe Office Building to SRP

Photo courtesy of CoStar
by in Brokerage | Business News

Colliers International in Greater Phoenix recently served as advisers in the sale of a Tempe Class B office building, 1511 N. Project Drive, to SRP for $7.8 million or $122.97 per square foot. SRP purchased the 61,807 square-foot-building from Altier Credit Union to expand its administrative space. SRP already occupied approximately 40,000 square feet of… Read More →

Apple brings 700 jobs to Valley manufacturing plant

Phil Schiller, Apple's senior vice president of worldwide marketing, speaks on stage during an introduction of the new iPhone 5 at an Apple event in San Francisco, Wednesday Sept. 12, 2012. (AP Photo/Eric Risberg)
by in Business News | Tech

Apple Inc. says it will open a manufacturing plant in the Phoenix suburb of Mesa that will eventually employ 700 workers. “Apple’s presence in the region will be a game-changer for the Greater Phoenix area, its innovation landscape and future ability to attract other high-tech companies,” said GPEC President and CEO Barry Broome. “Between their… Read More →

De Rito Partners, Inc. Negotiates Sale of Alameda Crossing Restaurant Building

Alameda Crossing, De Rito
by in Brokerage

Agents Paul Serafin and Matt Morrell with De Rito Partners, Inc. negotiated the $1.4M sale of a 6,699 SF restaurant building at Alameda Crossing on the N/NE corner of Dysart & McDowell roads. The buyer was Rangel Enterprises, LLC for Martin & Patricia Rangel, Fiesta Mexicana Restaurants and the seller was AR 1733 North, Dysart… Read More →

Sonoqui Wash Flood Control Project Wins Design Award

Sonoqui Wash, Stanley Consultants
by in Construction | In The Spotlight

The Sonoqui Wash Channelization Phase 2 project, a regional flood control channel located in Maricopa County, recently received an Honor Award in the annual Engineering Excellence Awards competition sponsored by the American Council of Engineering Companies of Arizona (ACEC).  The project was designed by Stanley Consultants, a consulting engineering firm located in Phoenix. “This project… Read More →

Project News: Perkins Coie LLP

Mark Boisclair Photography, Inc.
by in Architecture | Business News | New to Market

Developer/Building Owner: Phoenix Plaza, PT, LLC General Contractor: Wespac Construction Construction Manager: Cresa Partners, Jason Wery Architect: Evolution Design, Inc., Roberta Thomas, IIDA, ASID Location: 2901 N. Central Ave., Phoenix Size: 89,000 SF Brokerage Firm: Lee & Associates, Craig Coppola Value: WND Estimated start and completion dates: June 2012 to September 2013 Subcontractors: Transact Commercial… Read More →

GPEC announces Board of Directors for FY 2014

Downtown Phoenix

The Greater Phoenix Economic Council (GPEC) today announced the appointment of its Board of Directors for the 2014 fiscal year, as approved by the Executive Committee. Alliance Bank of Arizona CEO James Lundy will continue to lead the Board of Directors as chairman. “As the economy continues to improve, GPEC’s team of results-driven board directors… Read More →

SRP eyes alternatives for power line plan

Power Outage Map
by in Business News | Energy

Salt River Project has delayed its proposal to bring high-voltage power lines to Chandler and Sun Lakes neighborhoods. Officials with the utility company say they’re continuing to work with the Gila River Indian Community on an alternative plan. SRP had planned to apply for state permission to bring the 230-kilovolt power lines through neighborhoods in… Read More →

SRP Expands ‘Green Fleet’ of Electric Vehicles

image005
by in Energy | Featured | Green

Pull into the parking lots at Salt River Project’s headquarters in Tempe and you will notice electric vehicle charging stations sprinkled throughout for the convenience of employees and customers.  More Level 2 (240 Volt) charging units are coming, as SRP continues to invest in its “green fleet.” As part of the company’s green fleet program,… Read More →

SRP Expands 'Green Fleet' of Electric Vehicles

image005
by in Energy | Featured | Green

Pull into the parking lots at Salt River Project’s headquarters in Tempe and you will notice electric vehicle charging stations sprinkled throughout for the convenience of employees and customers.  More Level 2 (240 Volt) charging units are coming, as SRP continues to invest in its “green fleet.” As part of the company’s green fleet program,… Read More →

SRP Donates $50,000 Toward Ronald McDonald House

child.hospital

Salt River Project has approved a $50,000 donation toward construction of a new Ronald McDonald House on the campus of Cardon Children’s Medical Center in Mesa.  The new House will be the first in the East Valley and the third in the Phoenix metropolitan area. The new 12,600 square foot Ronald McDonald House will be… Read More →

SRP, ASU partner to research renewable energy initiatives

renewable energy projects
by in Business News | Energy | Green | Tech

Salt River Project (SRP) and the Conservation and Renewable Energy Collaboratory (CREC) at ASU’s College of Technology and Innovation (CTI) have partnered for a second year to award a $170,000 grant to fund research initiatives in renewable energy and conservation. This year the SRP-CREC research program selected four projects for funding. Projects include: reliability and… Read More →

Sky Train Project Recognized with Environmental Award

skytrain
by in Business News | Green | Travel

The PHX Sky Train™ has been selected for a top honor in the prestigious Arizona Forward Environmental Excellence Awards, receiving the first-place Crescordia award in the Multi-modal Transportation & Connectivity category. In addition, a public art project featured on one of the PHX Sky Train™ pedestrian bridges received special recognition. Arizona Forward, in partnership with… Read More →

SRP Taps into Super-Hot Renewable Energy Resource

geothermal
by in Business News | Energy | Green

Salt River Project has signed an agreement with CalEnergy, LLC for the purchase of 50 megawatts (MW) of geothermal energy from a number of plants located in the Imperial Valley of southern California. CalEnergy, LLC and its affiliates, subsidiaries of MidAmerican Energy Holdings Company and TransAlta Corporation, own and operate the geothermal facilities located near… Read More →

SRP among Top Adoption-Friendly Workplaces

Prevent Child Drownings
by in Energy | Featured | Workforce

Salt River Project was ranked among the top adoption-friendly workplaces among a group of 100 energy and utility companies on the 2013 Best Adoption-Friendly Workplaces List, released today by the Dave Thomas Foundation for Adoption. In the 2013 survey, SRP was ranked No. 5 in the nation in the Energy and Utilities category.  This is… Read More →