The Dealmaker: 4/18/2018

Outstanding Women In Business. In this Phoenix Business Journal publication, one of those outstanding women in business, Rose Law Group Founder and President Jordan Rose, shares career-advice and also comments on recent “chaotic news events.” http://bit.ly/2HuYILg

Apache & Terrace to get new mixed-use. The project is “part of a Development and Disposition Agreement between Tempe and Gilbane Development Company.” The plan includes five-, six-, and seven-story buildings with 55 workforce residences, 327 student housing units, plus restaurant and retail. Much more on what is the “latest project in an extensive and ongoing rejuvenation of the area,” at AZBEX. http://bit.ly/2HbqGMQ

Richmond American unveils new community in Tucson MP. Mountain Vail Ranch III • Ranch and two-story floor plans • 3 to 6 bedrooms • Up to 3,300 sq. ft. • Starting in the upper $200,000s • Photo and further info in Builder. http://bit.ly/2EXwp2A

Homes sold at fastest pace ever in 2017. New research from Zillow finds that home sales hit “the fastest pace on record in 2017 — 81 days from listing to closing.” That’s “nine days faster than the year prior.” Okay, but 81 days is the nationalaverage. What’s the deal for Phoenix, like Average Days on Zillow, Fastest-Selling Month, and Days on Zillow During Fastest-Selling Month? Builder has the data —> http://bit.ly/2HHEStP

Surprise leaders, land owners to discuss fate of downtown. A public meeting was called for after officials “discussed downtown development behind closed doors a few weeks ago.” AZCentral has yet to recap last night’s powwow, but it does have a detailed preview, including this: “Scott Phillips, vice president of Carefree Partners and chairman of the Surprise Regional Chamber of Commerce, said the council’s denial of the Mattamy Homes project hindered Surprise Center Development Co.’s ability to attract developers.” http://bit.ly/2H9NoEZ

Lennar now integrating Alexa into new home construction. “AppleInsider,which is a pro-Apple site, frets over the decision by Lennar and other home builders to incorporate Amazon’s Alexa platform into new homes that could provide Amazon with a trove of information on life habits of the occupants” — via Builder. http://bit.ly/2HygPjn.

Yoga spaces and charging stations top multifamily landscape trends for 2018. In the American Society of Landscape Architects 2018 Residential Landscape Architecture Trends Survey, “flexible outdoor spaces for such activities as yoga and outdoor movie nights, as well as charging stations for mobile devices, entered the top 10 project types for the first time.” Check out the other popular “outdoor amenities” and “project types,” in Multifamily Executive. http://bit.ly/2qG5vrS

Peoria to consider Cowtown rezoning. “Since 1974, a 78-acre plot of desert with a nod to the Old West served as a set for movie-making, a place to hold festivals and as an advance-training ground for long-range marksmanship.” ‘Ambiguously zoned’ is how one city official characterizes this property at 104th Ave and Old Carefree Hwy. The city “will consider rezoning Cowtown so it’s clear what land uses are allowed.” YourValley. http://bit.ly/2qIl69G 

Tucson: Proposed apartment complex could replace Maloney’s Tavern on Fourth Avenue. A mixed-use from Partners on Fourth — two buildings, 110- to 160-foot tall, with “market-rate apartments,” “ground-level retail,” and replacing Maloney’s Tavern? Not if some area residents and merchants get their way. Arizona Daily Star reports that they’re upset “over more plans to add tall buildings on North Fourth Avenue” and are hoping the city will “quash the latest proposed development.” http://bit.ly/2J3ysVt

JLL: Current inventory supports only 50 percent of industrial demand.With “more than 100 industrial tenants each looking for at least 100,000 square feet of local space,” the Phoenix area’s “current industrial inventory offers only enough contiguous space to accommodate less than half of these requirements.” That’s the KEY FINDING from JLL’s “just-released Q1 2018 Industrial Insight report.” AZREhas a report overview, including a list of nine “new and planned projects positioning to meet” that demand. http://bit.ly/2vpkSdb

Coolidge projects revenue uptick in preliminary budget. “Things could be looking up for the City of Coolidge this upcoming fiscal year if everything goes according to plan. That was the message that the city’s financial department presented to council at [a recent] budget meeting.” Coolidge Examiner reports, however, that if “San Tan Valley incorporation efforts are successful, Coolidge could see” severe shrinkage in revenue from one major source. http://bit.ly/2Hah7JR

Paradise Valley power couple Jordan and Jason Rose among America’s 100 best party hosts. Phoenix Business Journal catches up with Salonniere’s soirée-hosting honorees Jordan and Jason Rose for a paywall chat about their shindig-throwing skillset. Featuring a festive recap of their most recent event: An Easter party with over 100 guests. http://bit.ly/2EX2Zli

Valley’s best Kentucky Derby party at Turf Paradise coming fast, May 5th – http://bit.ly/2HdWjW8

As a supplement to the Dealmaker, we thought you might enjoy these articles!

Former Arizona attorney general says interpretation of employee law could cost teachers their jobs if they strike. ‘Under the common law, strikes by public employees are forbidden,’ wrote Gary Nelson, who was the attorney general in 1971. He said a strike by public employees is considered ‘an act against the public itself.’ As to the penalty, that gets a little trickier.” A Capitol Media Services/Howard Fischer report in Arizona Capitol Times. http://bit.ly/2HzO5a3

Supreme Court voids law allowing deportation in ‘crimes of violence.’ The U.S. Supreme Court “said an immigration law that allowed deportation of immigrants who committed crimes of violence was unconstitutionally vague when it comes to defining what a ‘crime of violence’ is, with the surprising swing vote coming from Justice Neil Gorsuch, a Trump appointee.” Cronkite News. http://bit.ly/2HdmoV1

How much does your Valley mayor make in Arizona? AZCentral has the figures for cities and towns. http://bit.ly/2HBaIep

IT’S ENOUGH TO MAKE YA SICK – Arizona gets lousy ranking for quality of children’s health care from WalletHub. The finance website looked at “30 key indicators of cost, quality and access to children’s health care.” Not only did Arizona receive a crummy ranking overall, but it also finished in the bottom 5 for one of the “key indicators.” The full WalletHub findings are just a couple taps away — if you feel up to it. http://bit.ly/2H9XWnA

Barbara Bush school in Mesa mourns namesake’s death. Barbara Bush, who passed away Tuesday at the age of 92, “attended the school’s dedication and in subsequent visits read to students.” Today, Barbara Bush Elementary School “planned to make a special announcement… to all classes along with a moment of silence.” AZCentral. http://bit.ly/2HLaejk