Responsible development in Phoenix. Tim Sprague and Sherry Rampy guest on the news-mag radio show, The Phoenix File with host Stu Turgel, who had this to say about the Circles/Stewart building/neighborhood and developer compromise: “That sounds like the ultimate definition of responsible thinking and responsible planning so I commend you on that. The topic of responsible downtown development in Phoenix in general is a question with no really simple solution.” Listen to the full show here: http://bit.ly/2fVXNDh
Scottsdale rezones part of downtown to pave way for new housing development. “The…4.2-acre site at 3220 N. Scottsdale Road… would be rezoned to downtown/ downtown multiple use…. The proposed development would be a four-story, 277-unit apartment complex…” For further details followed by a few doses of snark in the comments section, click to Scottsdale Independent. http://bit.ly/2eGrD1f
Split Scottsdale City Council OKs General Plan change for District at the Quarter. “The council… approved a [PUD] district for a 662-unit residential and mixed-use community… [C]oined ‘District at the Quarter’… [t]he proposed project is to be on a 10.29-acre site at 15501 N. 73rd Street and 15450 N. Greenway-Hayden Loop.” Perspectives from “yeas and nays,” a rendering of the project, and a bit more commentary — at Scottsdale Independent. http://bit.ly/2fXSmq5
Eyesore no more: Construction starts on upscale Cambria hotel in Chandler. “The [$20 million] hotel is part of a 25-acre, $160 million multi-use development known as Chandler Viridian that also will include a six-story office building and 24,000 square feet of retail space. The [Concord Hospitality Enterprises’] development is… on the northwest corner of the Loop 101 and Loop 202 interchange. For Cambria’s slated opening, info on the eyesore that was, and renderings of what Chandler Vice Mayor Jack Sellers calls “a premiere development,” click to AZCentral. http://bit.ly/2f0Sh05
Interest rate stress test BuilderOnline’s John McManus looks at “volatility” as the “interest rate driver that… [has] cropped up as a stress-test to the housing recovery’s incipient expansion,” and wonders if “historically dirt-cheap rates may be living on borrowed time.” http://bit.ly/2fWAPLe
With workers scarce, more home builders turn to prefab construction.The Wall Street Journal looks at how KB Home (among other ‘traditional builders’) is “starting to embrace modular techniques.” Dan Bridleman, senior vice president for sustainability, technology and strategic sourcing at KB Home: “Ultimately this is about cost, it’s about efficiency and it’s about speed.” http://bit.ly/2fZeQoj
Cameron’s $5M + deals of the day – http://bit.ly/2fFWxUi |