Saint Holdings talks Coolidge economic development. (Disclosure: Rose Law Group represents Saint Holdings.) The Pinal County land holding corporation, Saint Holdings, has “big plans for Coolidge,” including the “Heritage Project,” a “residential hub” featuring “master-planned communities of varying sizes, educational areas, healthcare centers and even an…’agri-hood’… similar to Gilbert’s Agritopia.” And that’s “just one portion of a project that aims to bring an influx of businesses” to the area. See what else Saint Holdings VP of Acquisitions Matthew McCormick says “the company hopes to bring to the expanding city,” in Coolidge Examiner. http://bit.ly/2pQZqbF
Phoenix area sees significant real estate rebound. It’s almost like the “real estate crisis never happened.” That’s the assessment from azfamily, which reports that the “market is back in full force and thriving.” WATCH it/read it via Builder. (And stay tuned, because “3 On Your Side” says it will continue delivering Phoenix real estate market reports on a weekly basis.) http://bit.ly/2GiX2ov
Pending home sales rise in February. UP 3.1% in February, but DOWN 4.1% from a year earlier. What about out West? UP 0.4%, but DOWN 2.2% vs. a year ago. NAR chief economist Lawrence Yun weighs in on 2018’s “uneven start” and the ‘squeeze’ being put on buyers, in Builder. http://bit.ly/2IexuVO
New to Market: 6 projects you need to know. “These are the New to Market projects” — in hospitality, industrial, office and healthcare — “as featured in the March/April issue of AZRE magazine.” Tap on for a rundown and rendering of each project. http://bit.ly/2GkNkO8
Phase One complete at One Arizona Center Tower. “Following the completion of phase one in the ongoing $25 million renovations, Parallel Capital Partners has inked a five-year 60,024-square-foot lease with [ASU] to house its Thunderbird School of Global Management.” Parallel Capital Partners CEO Matt Root: “The recently completed renovations at One Arizona Center — infusing a new modern look and state of the art technology — helped seal the deal.” Reno details at AZRE. http://bit.ly/2GikBxv
Westech Business Center breaks ground in Chandler. WHEN: Yesterday. WHERE: 300 E. Palomino Drive. WHAT: A $10.5 million, 122,505 sq. ft. spec industrial development. MORE on the facility and this Petsas Commercial (Bill Petsas) project in AZRE. http://bit.ly/2GktsPe
Planet Fitness cuts ribbon on Maricopa location. “Planet Fitness is the second tenant to open at the Edison Pointe retail development this month,” the first being Goodwill. Tap on to InMaricopa for pics of the new facility, and after doing so, if you wonder, What’s up with the yellow and purple color scheme? here’s what Dealmaker staff discovered: Such colors are “meant to evoke a feeling of power, warmth and a feeling of joy and happiness.” (Source: criticalbench.com). http://bit.ly/2pLmpoz
GO TEAM! – Glendale prepared for joint bid with Phoenix to host 2023 Super Bowl. Here’s Glendale Mayor Jerry Weiers on teaming up with Phoenix for the bid: “I am aware Phoenix was going to vote on a resolution [which the city did and approved] and I believe the city of Glendale will be moving in that direction… I also believe we will be working with them to place a bid.” Details on the Phoenix resolution and Glendale’s “full support” ordinance, in The Glendale Star. http://bit.ly/2GYK78g
Golfers may ask Attorney General to probe Club West. “The controversy over Club West Golf Course’s deterioration accelerated last week on several fronts.” The latest pedal-to-the-metal developments include: Golfers’ missing money (which is where the AG thing comes in), delinquent water bills, late mortgage payments, and the possibility of a born again Biscuits restaurant. The full story in Ahwatukee Foothills News. http://bit.ly/2uvgXed
Pedestrian bridge between Harrah’s, UltraStar now complete. “On Wednesday, the Ak-Chin Indian Community Tribal Council, Harrah’s and UltraStar staff cut the ribbon on a walkway that connects the two entertainment hubs. The newest addition is part of a multi-million-dollar expansion for the casino.” Prior to this, customers had to springboard to get between the two locations. KIDDING! Casa Grande Dispatch reports that they “had to walk through the parking lot or use a shuttle bus.” More here: http://bit.ly/2IfBLIu
Town of Florence enters agreement on new STEM school. “As part of the Innovation Pavilion business development park coming to Florence, the council approved a ‘memorandum of understanding,’” in the hopes of working with IP to “turn the old Florence Elementary School” into a “new cutting-edge” learning center for “science, technology, entrepreneurship and mastery [STEM].” Florence Reminder. http://bit.ly/2J3D52o
[VIDEO] Copa Center razed for overpass. “The Copa Center and Spoon’s diner were demolished Tuesday morning as [ADOT] started to clear land it acquired for an overpass across the railroad tracks. There are about three weeks of demolitions in store as well as utility work.” WATCH ‘em crash down and rock out to the destruction at InMaricopa. http://bit.ly/2J6axoW
The Independent Interview: Queen Creek Councilman Jeff Brown. “Queen Creek Independent reached out to each member of the local governing board to better understand the mind of the elected leader — in this case, Councilman Jeff Brown. Check out what Councilman Brown has to say about serving the residents of “Boomtown USA” in this Q&A by reporter Terrance Thornton. http://bit.ly/2J6aZDE
Cameron’s $5M + deals of the day – http://bit.ly/2GW2YRg
The Third Annual Stella Artois Derby Dayclub returns May 5th – http://bit.ly/2GCrFEq
As a supplement to the Dealmaker, we thought you might enjoy these articles!
New solar deal moves us ahead of schedule in creating a cleaner cloud.News from Microsoft, in its blog “On The Issues”: “Two years ago, we set out to increase our use of renewable energy to power the datacenters and operations that support our growing cloud… Today, we’re taking another step forward in this journey by signing the largest corporate solar agreement in the United States, a 315-megawatt solar project in Virginia [which brings] our directly purchased renewable energy total to 1.2 gigawatts – enough power to light up 100 million LED bulbs.” Read on: http://bit.ly/2uv9HPo
#RedForEd teachers demand 20 percent salary hike, more money for education. “Thousands of Arizona teachers angry about pay rallied as part of the Red for Ed movement at the state Capitol on Wednesday… but organizers stopped short of calling for a statewide education strike.” Cronkite News. http://bit.ly/2J0pwkl
Your guide to the Phoenix mayoral race. With Phoenix Mayor Greg Stanton expected to step down fairly soon to campaign for the District 9 seat in the U.S. House of Representatives, Downtown Devil takes a look at the “confirmed candidates” who are vying to take his place, along with “their stances on important Phoenix issues.” http://bit.ly/2E4StIf
Arizona is not Pennsylvania, say Republican strategists. In the wake of last month’s “shocking Democratic upset in Pennsylvania’s 18th District,” the “GOP says it’s confident that the party will keep control of the seat last held by ex-GOP Rep. Trent Franks.” But the GOP isn’t taking anything for granted. The Hill reports that “Republican groups are dropping hundreds of thousands of dollars into Arizona in the hopes of keeping any prospect of another Democratic upset in next month’s special election at bay.” http://bit.ly/2uvGXpN
The gun ownership rate in Arizona. “ ‘Injury Prevention,’ a scholarly journal, has released what may be the closest look yet [at gun ownership across the U.S.]. The survey, published in 2015, asked a representative sample of 4,000 adults nationwide whether they own firearms” — and CBS News has the findings for each state. http://bit.ly/2J4zph9
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