Metro Phoenix’s Midcentury buildings deserve some love. Republic senior real-estate reporter Catherine Reagor looks at “the Valley’s cool Midcentury buildings” and a call by one “[r]eal estate expert” for “preserving, celebrating and branding [such] architecture.” (That being said, this same expert would probably admit that watching some old, tall building come down via a controlled implosion is a pretty awesome sight.) Also in this article? A slideshow of Phoenix’s “most endangered historic buildings.” http://bit.ly/2f5y3Em
Replacement for Chase Field floated? ”An out-of-state investor group [‘Stadium Real Estate Partners together with Egbert Perry, Chairman of Fannie Mae and President of Integral Group’] is proposing to build a new, privately funded baseball stadium in downtown Phoenix to replace the current home of the Arizona Diamondbacks,” However, Jim McLennan of the Diamondbacks online community “AZ Snake Pit” explains why “[f]or now, [he’s] inclined to file this [Republic news tidbit] under speculative.” http://bit.ly/2eUzVit
Longbow Marketplace Phase 1 to start. “Kitchell Development hopes to start construction… at the SWC of Recker… and Loop 202… in November. The 64KSF project sits on 9.1 acres of the planned 49-acre shopping center site. A 30KSF Sprouts Farmers Market will act as the anchor tenant, with three restaurants and three retail shops rounding out the first phase…”
Get info on the project’s “eclectic contemporary design” and see the rendering — at AZBEX. http://bit.ly/2f1z6HF
110-unit multifamily facility planned for Gilbert. “Builder Magazine’s ‘2016 Builder of the Year,’ CalAtlantic Homes hopes to start construction in December on… Fincher Fields at Cooley Station. The site is situated on 7.8 acres at Recker… and Cooley Loop North. Cooley Station is a Master Planned Development designed on a neo-traditional town center and neighborhood concept.” See it at AZBEX. http://bit.ly/2eN7ntK
Pending sales rise, signal impressive demand. “[T]he National Association of Realtors® (NAR)… Pending Home Sales Index… rose 1.5 percent in September to 110.0 from 108.4 (revised from 108.5) in August…. NAR’s Chief Economist Lawrence Yun said a robust increase in the West and a healthy bump in the South more than compensated for declines in the other two regions.” For a breakdown by region plus more from Yun on the “housing market’s overall health,” click through to Mortgage News Daily. http://bit.ly/2eN7NQO
Cameron’s $5M + deals of the day – http://bit.ly/2fa9zZ3
2016 Polo Party First Drop Dignitaries Announced; See You Saturday November 5th – http://bit.ly/2fnze5A |