NE PHX quietly abuzz with development. Retail (Desert Ridge) and senior living (Sagewood); office (the Henkel Building) and multifamily (Camden North End) — AZBEX’s Roland Murphy takes a look at these and other “planned, executed, expanded and ongoing projects in northeast Phoenix.” And while not all NE Phoenix projects made the cut for Murphy’s report, he points out that the “very fact that we had to omit so many smaller, but still significant, projects gives proof in and of itself that this region is ablaze with investment and potential.” http://bit.ly/2tkK7es
Groundwork coming for ASU/Mayo HSIC. “Phoenix City Council will consider a staff recommendation to… approve the city’s participation in infrastructure improvements needed to get [ASU’s $75M Health Solutions Innovation Center] started…. Development of the infrastructure… is specifically intended to serve as a launch point for the long-sought Arizona Biomedical Corridor…. a… 600-acre area… extending from [SR] 101 to the [CAP] Canal, between [SR] 51 and 64th Street.” More at AZBEX. http://bit.ly/2t1tGRz
After outcry, historic Phoenix drive-through liquor store gets demolition reprieve. “Melrose Liquors owner P.B. Bell withdrew its request… to demolish the [1957] building [‘near Seventh and Glenrosa’] after… [n]early 1,400 people signed an online petition in support of saving the… pink-and-green structure [with the] exaggerated, cartoonish ‘Googie’ architecture… Historic preservationists called the decision a win for recent changes to Phoenix’s demolition process.” But is the building saved for good? Read on/WOCHIT at AZCentral. http://bit.ly/2tYwBuf
Zoning change clears way for Avilla project in Surprise. “The final step occurred… when the Surprise City Council unanimously approved a zoning amendment of the 10.8-acre property from commercial to multi-family residential.” Community Development Director Eric Fitzer: “No other approvals are needed from P&Z or council.”YourWestValley takes a look at how NexMetro’s “proposed Avilla rental community on the [NE] corner of Reems and Waddell” went from “pariah to project” in “less than six months.” http://bit.ly/2sip7Fd
Backers of referendum against APEX Motor Club sue Maricopa mayor. (Disclosure: Rose Law Group represents Apex Motor Sports.) “An organization has filed a lawsuit against… Mayor Christian Price in an effort to get the issue onto a ballot…. [The opposition group] is challenging a decision made by… City Clerk Vanessa Bueras to decline to forward its petition to the Pinal County Recorder’s Office. Bueras said the petition… is not eligible for referendum under the Arizona Constitution… The council and representatives of APEX have been skeptical about the background and motives of those who are behind this opposition movement.” Maricopa Monitor. http://bit.ly/2uiAPEX
Affordable housing with a view stirring controversy in Flagstaff. “A three-acre lot at the corner of Fort Valley and Schultz Pass roads owned by the city of Flagstaff has become the center of a debate about affordable housing and where such development is appropriate.” The story along with a three-image slideshow of those majestic views, at Arizona Daily Sun. http://bit.ly/2tYNXaA
Home prices up 5.5%. The S&P CoreLogic Case-Shiller Index “registered a 5.5% annual gain in April, down from 5.6% last month.” (Perhaps one day they’ll find a way to compile the data quicker so that there’s not such a time lag.) “The 10-City Composite annual increase came in at 4.9%, down from 5.2% the previous month. The 20-City Composite posted a 5.7% year-over-year gain, down from 5.9% in March.” See how Phoenix fared in Builder. http://bit.ly/2shVfIZ
Here’s how much housing prices have skyrocketed over the last 50 years in every US state. “In 1940, the median home value… was just $2,938. In 1980, it was $47,200…” This year? $199,200. But, as this CNBC report is quick to point out, “location matters.” Tap through for a “SCROLL SHOW” on “how the cost of owning a home has changed in all 50 U.S. states since 1940.” (Reports like this serve to remind us how thankful we should be to live in a state that begins with the letter ‘A’ — we hardly have to scroll down at all to see photos and data!… Sorry about that, Wyomans.) http://bit.ly/2siatOm
Cameron’s $5M + deals of the day –http://bit.ly/2siAQ6V
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Raiders stadium under eye of federal agency that killed the Cardinals’ Tempe stadium. “The NFL Raiders, who are moving to Las Vegas, want to start construction by Nov. 1 on a new stadium that would be 225 feet tall… [The FAA] will now examine whether the domed stadium might hinder operations at nearby McCarran International Airport… The situation rings a bell for those who remember when the Arizona Cardinals proposed to build its stadium in Tempe directly east of Sky Harbor International Airport.” By Senior Reporter/Writer Phil Riske in Rose Law Group Reporter. http://bit.ly/2tlSZAe
Google decides to no longer scan emails for advertising. Rose Law Group attorney Lauren Reynolds and Daniel Gauthier, who are focused on cybersecurity and privacy issues, look at the email scanning controversy and at some of the changes Gmail users can expect to see (and not see) from a move that Google says “brings Gmail ads in line with how [they] personalize ads for other Google products.” http://bit.ly/2uiX2KB
Former schools chief Huppenthal unapologetic over criticism of ethnic studies. “[Former School Superintendent John] Huppenthal previously referred to Tucson Unified School District’s Mexican American Studies program as the Ku Klux Klan… in a ‘different color’… The [online] posts were first discovered and publicized in 2014, prompting a tearful apology from Huppenthal at the time. Now the comments have re-emerged in U.S. District Court in Tucson on the second day of a bench trial over the matter of a state law banning the ethnic-studies programs.” And this time, there are no such tears from Huppenthal. More in Arizona Daily Star. http://bit.ly/2tYVHJD
Why the latest news on marijuana and car crashes has some experts skeptical. Do legalized marijuana states “have higher rates of car crashes than neighboring states that don’t allow pot sales”? That’s what “the Highway Loss Data Institute” found after “scouring 2.5 million insurance claims that drivers filed over the past three years.” HOWEVER: “Other experts… have seen no significant effect in the number of crashes… Some research even suggests that crashes have declined.” Governing. http://bit.ly/2ujmShB
Work-a-day-world: How, where and why we are working. Check out the American Time Use Survey Study from the U.S. Department of Labor’s Bureau of labor Statistics. The results offer a fascinating look at, among other things, “the average amount of time per day in 2016 that individuals worked, did household activities, and engaged in leisure and sports activities. Additionally, measures of the average time per day spent providing childcare — both as a primary (or main) activity and while doing other things — for the combined years 2012-16 are provided.” –> http://bit.ly/2t1qg1f
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