The Dealmaker: 6/4/2018

The Dealmaker is a daily note of the day’s top real estate stories served just in time for lunch. Bon Appetit! Subscribe here to receive the Dealmaker to your inbox

 

 

 

 

Ducey calls Pinal County shining example in a ‘start-up state. “Pinal County is a shining example of what can happen in a start-up state like Arizona,” Gov. Doug Ducey told a large crowd on Friday at the Pinal Partnership monthly breakfast. The governor pointed to small-business owners as one big reason for the economic growth. Callan Smith was there and delivers the sparkling coverage in Rose Law Group Reporter. http://bit.ly/2svAJmz

Queen Creek becomes development epicenter. “A suburban feel with roots to a rural past are fueling development in Queen Creek along with land availability, local officials contend.” Get up to speed on all the latest with regard to The General Plan, Building Permits, Housing Subdivisions, Retail, and Hospitality — at Queen Creek Independent. http://bit.ly/2sDyOvq

Apex lawsuit still stuck in appeals court. (Disclosure: Rose Law Group litigators Evan Bolick and Logan Elia represented Apex Motor Club.) “Thursday, the court ruled on a transcript filing that was in dispute… It is a small skirmish in a battle that delays any potential development of [Apex Motor Club] on the northwest corner of State Route 238 and Ralston Road.” InMaricopa. http://bit.ly/2JbSTUA

Phoenix renters finally seeing better deals, thanks to the many new apartment complexes. And it is a building boom that’s “far from over,” with “17,900 apartments” currently “under construction or planned in the Valley,” reports AZCentral’s Catherine Reagor. But does the building spree mean “So long, rent spikes” and “Howdy, rent concessions”? —> http://bit.ly/2kNXluh

Fountain Hills P&Z recommends denial of assisted living plan. Voting to deny the PAD, “[c]ommission members had a number of questions about the plan for Town Senior Planner Marissa Moore and representatives of CA Ventures, the developer of the project [on Trevino Dr. at Saguaro Blvd].” The Fountain Hills Times. http://bit.ly/2JbTqG4

Zoning request withdrawn due to rising costs. “Pima County Development Services was scheduled to hear a rezoning application for [the second phase of ‘Pima Canyon Luxury Rentals – a 30 building, 232-unit multifamily development on Orange Grove in Pima County’].” AZBEX reports, however, that Aerie Development has “scrapped” plans for the “5.7 acre second parcel… due to rising interest rates and materials costs…” http://bit.ly/2kLNftN

King Koil celebrates grand opening of Avondale facility. “Business is booming in the West Valley, and now, King Koil is part of that boom.” In reportage reminiscent of what Johnny Cash rattles off in “I’ve Been Everywhere,” West Valley View notes that the “new [corporate-owned, 90,000 square-foot manufacturing] facility will serve Arizona, Arkansas, Alaska, California, Colorado, Hawaii, Idaho, Louisiana, Montana, Nevada, New Mexico, Oklahoma, Oregon, Texas, Utah, Washington and Wyoming.” http://bit.ly/2JaAYh9

Vacation visionary. PHOENIX magazine profiles hotel “icon Bill Marriott,” who “reveals his surprising history with the Camelback Inn and the four most important words in the English language.” http://bit.ly/2LZaf4U 

Sedona City Council disagrees with Attorney General ruling. Not long after being “informed by the Arizona Attorney General’s Office that it was in violation of a state law,” Sedona City Council members voted to “amend a city code pertaining to short-term vacation rental requirements. But that’s not to say they did it quietly.” Red Rock News. http://bit.ly/2xGjX97

Here comes the sun. “Arizona’s bright days and balmy nights have lured generations of Americans. But will our ever-hotter and longer summers spoil the party?” PHOENIX magazine looks at “ways people are trying to cool our cities and harness the power of our climate.” http://bit.ly/2JuM4Na

$1.5T plan could create 2.6M construction jobs. So what? “From the time President Donald Trump first proposed his $1.5T infrastructure package before the 2016 election, it has been swarmed by more ‘ifs’ than answers.” In his piece for AZBEX, Roland Murphy considers one of the biggest “ifs”: “If the work is created, who is going to perform it?” http://bit.ly/2LlLRtc

Residents cheer and jeer 32nd Street interchange at ADOT meeting. There was also a bit “cheering and jeering” around Dealmaker HQ when the call came down to run this AFN item. It was ultimately decided that there are plenty of folks in our Dealmaker audience who have an interest in this kind of ADOT stuff, particularly when it involves “engineers and other experts” getting “kudos and brickbats thrown their way” over South Mountain interchange plans. So here ya go! http://bit.ly/2JhxdTc

Commission investigating low water pressure at Johnson Utilities. Pressure “so low” that residents “cannot shower or run dishwashers,” PinalCentralreports. “The Arizona Corporation Commission has begun investigating… and stated in a press release that it is demanding answers from [Johnson Utilities] to confirm the source of the [too much construction?] problem.” http://bit.ly/2kMIqjO

Legislature leaves the governor high and dry over water. What was done to protect Lake Mead or curb CAP’s water deals? Nothing. How about action on water metering, desalination, out-of-state water transfers. Nope. What about for Sierra Vista? Nada. “Blame the inaction on a lack of consensus among interest groups,” reports Arizona Daily Star’s Jake Kincaid. http://bit.ly/2kLZXZr

Eloy, Casa Grande lead population growth in Pinal County. “[The county] saw notable total growth with a population of 430,237 compared to 415,115 in 2016.” Eloy Enterprise reports that “Casa Grande and Eloy were the fastest growing communities in Pinal County last year — but for very different reasons.” http://bit.ly/2sBjUpe

Who’s running to lead your city? AZCentral: “For most cities, primary elections will be held Aug. 28, with runoff elections in November if necessary… Here’s who’s running [from A to T — Avondale to Tolleson] in the Valley’s municipal elections.” http://bit.ly/2suFuMT

Hopefuls sign up for Mesa City Council election. If you’re jonesing for a closer look at local election coverage, there’s this from East Valley Tribune: “From one end of the city to the other, Mesa City Council seats are on the Aug. 28 primary election ballot, and the result could give city leadership a new look.” http://bit.ly/2JmMnd9

Gilbert’s primary election ballot: a full plate of choices. Even MORE primary coverage from East Valley Tribune, this on an election that it says is shaping up to “be a doozy for Gilbert voters.” http://bit.ly/2LjR9VW

Arizona in top tier of states with healthy economies. Another study from WallutHub! This one “compared the 50 states and the District of Columbia across 28 key indicators of economic performance and strength,” with a “data set ranges from GDP growth to startup activity to share of jobs in high-tech industries.” Tap on for findings, plus this RELATED item: “Personal income in Arizona rising faster than national average.” http://bit.ly/2JiCQjX

Scottsdale arm wrestling championships pits southside vs. northside firefighters. “The Battle of the Battalions match is the newest addition to the ‘hottest event of the summer,’ joining a lineup of activities for the Scottsdale Fahrenheit Festival: Arms Legs and Kegs, featuring Scottsdale Beat the Heat: The Hottest Race on Earth, a 5k and 10.22-kilometer race during the middle of the day.”— Scottsdale Independent  And don’t forget to grab TWO FREE TICKETS to the June 16 event, EXCLUSIVELY for Dealmaker readers. Just click on and use the promo code “ROSELAW.” http://bit.ly/2LRV9y9


Don’t miss anything… follow multiple winner of the Arizona Republic’s tweet of the week contest, and Senior Partner at Rose Law Group and Director of RLG Renewable Energy Department, Court Rich. http://bit.ly/Court_RichTwitter 

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


 

‘Unprecedented’ water shortage could leave Pinal farms dried up. “The current [drought] is now in its third decade. But all evidence is indicating that conditions are only getting worse, and now it has some Pinal County farmers facing down a water crisis.” Just how bad is the crisis? PinalCentral reports that “should nothing change in the weather… San Carlos Lake will be dried up sometime between June 10 and 15.” http://bit.ly/2Ln2x3d

Flake says he will introduce a bill to ‘nullify’ Trump’s massive tariffs.“Republican Sen. Jeff Flake wasted no time responding to President Donald Trump’s new tariffs on steel and aluminum on Thursday, rolling out a bill to reverse the decision.” Business Insider. http://bit.ly/2sCzCk9

Bennett using McCain replacement issue to raise money. “In an email Friday… former secretary of state [and current gubernatorial candidate Ken Bennett] doubled-down on his earlier vow not to appoint Cindy McCain to fill any vacancy. And he said those who share his viewpoint should donate $5…” Capitol Media Services/Howard Fischer in Arizona Daily Star. http://bit.ly/2Ja3SOz

Mystery judge challenges plan for special prosecutor in Arpaio appeal.“[‘An unidentified member of the 9th Circuit Court of Appeals’] is challenging his or her colleagues’ decision to appoint a special prosecutor to defend a district court judge’s handling of a pardon President Donald Trump issued last year to former Arizona Sheriff Joe Arpaio on a contempt-of-court charge.” POLITICO. http://bit.ly/2sGOZb8

 

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