Newsroom Arizona’s state association of REALTORS® issued their endorsements for the 2020 State Primary to be held on August 4th. The announcement, made before early voting begins on July 8th, helps those in the real estate industry identify candidates who “understands the issues of concern to the real estate community, homebuyers, sellers, and property owners in … Read more
An eight-lot subdivision’s final plat garnered the Scottsdale City Council’s approval, sending the project to its construction phase. Plans call for building heights of 24 feet but homes will be limited to one story, a city staff report to council states. This is required because during the rezoning in 2008, nearby residents expressed concerns about … Read more
The property was purchased for $5.5 million, according to Vizzda LLC real estate database. The parcel of land, north of the northeast corner of Gilbert and Ray roads in Gilbert, was sold by Chrome Inc., an entity tracing to Tony Kitchukov, on June 10, according to Vizzda. Plans call for building a $43 million Class … Read more
Development is ramping up on the south bank of Tempe Town Lake east of Arizona State University, as a mixed-use project called Pier 202 begins early construction work and a nearby build-to-suit office development is marketed to potential office users.
Town Frye Apartments is proposed to include 11 three-story apartment buildings, 4 four-story apartment buildings and a two-story clubhouse. The buildings will house a mix of 48 studios, 144 one-, 176 two- and 52 three-bedroom units. According to the documents submitted to the city, the project provides a “modern urban environment” to residents. “This character … Read more
JLL Capital Markets announced today that it has closed the $6.65 million sale of 16640 North Scottsdale Rd., a nearly two-acre land site purchased primarily for land value that currently houses a 15,000-square-foot retail center at the coveted intersection at Frank Lloyd Wright and Scottsdale Road in Scottsdale, Arizona. JLL marketed the property on behalf … Read more
BY TSN – Dave Hawkins KINGMAN – Kingman sanitation service rates could be going up early next year for some customers. Yet to be scheduled public hearings could see the Municipal Utilities Commission considering increasing solid waste program rate hikes in August that Finance Director Tina Moline said could be implemented in January or February. A … Read more
By Tom Scanlon, Glendale Star Managing Editor Glendale continues to be land hungry, showing it is far from finished with annexing land near the Loop 303 — dubbed “The New Frontier.” At its June 9 meeting, Glendale City Council advanced annexation plans for Glendale 303, 100 acres north of the previously annexed Cotton Properties. Glendale … Read more
AZ BUSINESS MAGAZINE Shea Homes has broken ground on Prelude at Storyrock, a new single-family home community in northeast Scottsdale. With 51 available homesites across approximately 35 acres of land, Prelude at Storyrock features single-level homes ranging from 2,845 to 3,963 square feet. Five distinct floorplans are creatively designed with 4 to 5 bedrooms, 3.5 to … Read more
CBRE has negotiated the sale of Lyra Residences, an 18-unit luxury townhome rental community comprised of two-story smart homes. Long Beach Trading Company Inc. acquired the property from Lyra Residences 38th St, LP, for $8.11 million or $450,333 per unit and $253/sq. ft. The transaction represents the highest sale in terms of price per unit this … Read more