November 5, 2024 2:03 pm
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Bankruptcy case could bring big changes to Phoenix’s Desert Ridge area

By Mike Sunnucks | Phoenix Business Journal

The Chapter 11 bankruptcy case involving a real estate entity called Epicenter Partners LLC has been complicated and contentious.

Resolving it could go a long way toward determining who controls future development in the busy Desert Ridge area of north Phoenix.

The area at Tatum Boulevard and Loop 101 includes Desert Ridge Marketplace and the High Street development.

Those projects don’t have anything to do with bankruptcy filed by Epicenter and another entity called Gray Meyer Fannin LLC. Those are arms of developer Bruce Gray and Gray / Western Development Co., according to Arizona Corporation Commission filings.

Continued:

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.