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Montgomery drops challenge to Arizona’s Medical Marijuana Act; Laura A. Bianchi, partner and director, Rose Law Group Cannabis Department, applauds decision

Posted by   /  December 15, 2017  /  Government and Politics, Medical Marijuana  /  No Comments

By Arizona Daily Independent Maricopa County Attorney Bill Montgomery has decided not to continue challenging the most recent ruling upholding Arizona’s Medical Marijuana Act, as the deadline of December 11 to seek review by the United States Supreme Court has passed. In 2016, the Arizona Court of Appeals found in favor of a Sun City […]

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The surprising state with the highest hidden flood risk

Posted by   /  December 1, 2017  /  Real Estate  /  No Comments

Thousands of homes that sit outside designated flood zones still face moderate to high risks, a real-estate analytics firm finds. By Adam Bonislawski | The Wall Street Journal Which state has the highest hidden flood risk? Take a guess. Heck, take 49 guesses. You might not get it even then. The answer? Arizona. READ ON:

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New to market: 6 projects you need to know

Posted by   /  November 30, 2017  /  Real Estate  /  No Comments

AZBigMedia There are a lot of cranes operating in Arizona as developers pursue new projects that are creating a more diverse state. Here are six projects that were recently finished or broke ground in Arizona, as seen in the November/December issue of AZRE magazine.   READ ON:

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AZ Oct. unemployment dips; construction stays flat

Posted by   /  November 22, 2017  /  Economy  /  No Comments

By Roland Murphy | AZBEX Arizona’s seasonally adjusted unemployment rate fell again in October to 4.5 percent, down from 4.7 percent in September, according to the latest report published by the Arizona Office of Economic Opportunity. The national rate dropped to 4.1 percent, down from to 4.2 in September. READ ON:

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Arizona ranks in bottom half of states for millennial home affordability

Posted by   /  November 21, 2017  /  Real Estate  /  No Comments

By Patrick O’Grady | Phoenix Business Journal Arizona is drawing a lot of millennials, who are moving to the state, but it isn’t close to the most affordable place for the younger generation to buy a house. GoBankingRate.com put out a study that ranked Arizona No. 30 for states that are affordable for millennials to buy houses. […]

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Microsoft’s Bill Gates buys huge swath of Arizona land

Posted by   /  November 7, 2017  /  Real Estate  /  1 Comment

By Mike Sunnucks | Phoenix Business Journal One of billionaire Microsoft (Nasdaq: MSFT) founder Bill Gates’ investment firms has paid close to $80 million for a big piece of land in Arizona west of Phoenix. That is according to a report today from Business & Real Estate Weekly of Arizona. READ ON:

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[OPINION] Our Turn: Arizona can’t fill 10,000 good-paying construction jobs, and that hurts everyone

Posted by   /  November 6, 2017  /  Real Estate  /  No Comments

Mike Brewer, Todd Sanders and Steve Smith, AZ We See It | AZCentral As Arizona’s economy has rebounded from last decade’s recession, one industry central to the Arizona economy — construction — has struggled to find the talent needed to sustain its growth. And this is not just an Arizona problem. It is an issue affecting the […]

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Queen Creek officials say proposed San Tan Valley incorporation map unlawful

Posted by   /  November 6, 2017  /  Government and Politics  /  No Comments

By Jake Kincaid | San Tan Valley Sentinel The town of Queen Creek doesn’t oppose the incorporation of San Tan Valley, but officials say the current map violates Arizona Law. On Wednesday the Town Council adopted a resolution that cites several problems with the STV incorporation committee’s proposed boundaries for a new city. READ ON:

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Can better water and energy use boost real estate development?

Posted by   /  November 3, 2017  /  Real Estate  /  No Comments

By David McGlothlin | AZBigMedia Water, energy and real estate development are all interconnected and dependent on each other like three legs of a tripod. If one leg falters, the other two soon follow. Valley Partnership’s mission in advocating for responsible development coincides with advocacy for the responsible management, delivery and advancement of Arizona’s water […]

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Charley Freericks joins Novus Innovation Corridor project

Posted by   /  November 1, 2017  /  Real Estate  /  No Comments

By Michael Gossie | AZBigMedia Catellus Development Corporation welcomes Charley Freericks to its Arizona office leading the development of the Novus Innovation Corridor at Arizona State University’s Tempe Campus. Catellus serves as master developer of the 330-acre project. “Charley’s deep experience in Arizona real estate and large-scale development is a strategic addition to our already […]

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