Phoenix
$25M Sports Complex Debuts on ASU West Campus
A new $25 million fitness complex is about to open on the Arizona State University West campus in Phoenix. The 63,800-square-foot facility will complete a major expansion project on the West campus.…
Continue reading →Dignity Breaks Ground on $44M Hospital in Glendale
San Francisco-based Dignity Health officially broke ground on a new West Valley hospital planned at its medical campus near the Loop 101 and Glendale Avenue. Dignity also unveiled the name of the $44 million facility during the groundbreaking ceremony -- "St. Joseph's Westgate Medical Center".…
Continue reading →City Weighs 100-Acre Sale to Liberty Property Trust
The City of Tempe is looking to create a partnership with Philadelphia-based Liberty Property Trust on the development of circa 100 acres of land which could create approximately 6,500 new jobs over the next decade. The deal has yet to be up for council vote on February 7, 2013. If…
Continue reading →North Scottsdale Mixed-Use Project Launches Construction With $62M M-F Complex
Dallas-based TDI Real Estate Holdings LLC broke ground on the first phase of an upscale multi-family community in Scottsdale that will bring 388 new housing units. Dubbed Jefferson at One Scottsdale, the entire apartment project will consist of about 750 units of luxury housing when complete.…
Continue reading →ASU Plans Groundbreaking on 130 KSF Project in Tempe
Arizona State University has recently announced it would break ground on the 130,000-square-foot Block 12 project in Tempe on January 24. Developers target June 2014 as the completion date.…
Continue reading →Stockbridge Capital/Alliance Residential JV Pays $50M for 629-Unit M-F Complex
California-based Stockbridge Capital Group has completed the acquisition of The Canyons, a 629-unit apartment community in Northwest Phoenix. The $50 million deal was closed in venture with Alliance Residential Co. in Phoenix.…
Continue reading →Novawest Proposes Landmark 420-Foot-Tall Tower for Downtown Phoenix
By Camelia Bulea, Associate Editor Novawest L.L.C. is planning a distinctive addition to the Downtown Phoenix skyline: a 420-foot pin-like tower that would be the tallest building in Arizona. Bjarke Ingels Group, a Copenhagen-based architectural firm, is providing the design for a 39-story structure with a reinforced concrete core topped by an…
Continue reading →University of Arizona Launches $100M Cancer Center at Phoenix Biomedical Campus
The Arizona Board of Regents approved the construction of The University of Arizona Cancer Center, a $100 million cancer clinic at the Phoenix Biomedical Campus. Four of the building’s six stories will be built out initially. The fifth floor will be constructed as shell space for future expansion, and the…
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