The Dealmaker: 01/22/2019

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

 

 

 

New poll of likely voters shows range of 65-72% support for Talking Stick Resort Arena renovation project downtown. (Disclosure: Rose Law Group represents the Phoenix Suns.) Public support for renovating TSR Arena has increased significantly following recent community meetings, “as people learn that the city owns the arena and the tax has been imposed since 1989 and is only on tourists.” Phoenix Suns CEO Jason Rowley: “As is evidenced by this recent poll, once armed with all the facts, it is now clear that Phoenicians understand the importance of this investment for the future of our city.” Get key findings and access full results from the new Public Opinion Strategies’ survey, in RLGR. http://bit.ly/2RHxvuS

Great support for Talking Stick Resort Arena at the City’s public info sessions! WATCH downtown Phoenix stakeholders speaking out in support of Talking Stick Resort Arena renovation. http://bit.ly/2CGwWqS

Talking Stick Resort Arena: Phoenix, this is YOUR house! WATCH the memories that have been made at TSR Arena, and find out how you can help to make even more! http://bit.ly/2UcXeIp

Drought plan fight between Arizona farms and cities escalates.“Longstanding urban-rural tensions over a proposed drought plan have escalated after Pinal County farmers stepped up their request for state money for well-drilling to replace Colorado River water deliveries. ‘Enough is enough,’ responded 10 Phoenix-area cities…” A report by Tony Davis & Cap Media Services’ Howard Fischer in Arizona Daily Star. http://bit.ly/2MqhsvA

‘Flex’ office space, multifamily residential project to sprout along McDowell Road. “The site is at 6601 E. McDowell… The site plan consists of a three-story building adjacent to East McDowell Road, a four-story apartment building central to the site and single-story garage buildings.” Development details, including sitemap aerial, in Scottsdale Independent. http://bit.ly/2FGKpCN

By the numbers: Paradise Valley sees spark of new building construction. PV Independent takes a look at “building permits for a 5-year period, between 2014-18” in the Town of Paradise Valley, numbers officials say reflect “a healthy local economy.” http://bit.ly/2FScYMS

Yavapai County P&Z votes no on El Rojo Grande rezoning. “An estimated 300 people turned out” to oppose a “plan that calls for 600 mobile homes and 50 RV sites just outside the Sedona city limits.” P&Z “heard them loud and clear,” voting “9-0 to deny recommendation of the proposed” Equity LifeStyle Properties’ development. Red Rock Newshttp://bit.ly/2WdsRD8

Dalke decides to stay on through Paradise Valley budget season, initially.“Town Manager Brian Dalke will remain with the Town of Paradise Valley for the time being, as Town Council authorized the mayor to execute an amendment to his employment agreement,” PV Independent reports. Councilwoman Julie Pace: “Brian Dalke, has done an amazing job — we’ve been very impressed.” http://bit.ly/2MpTfFA

[GUEST COLUMN] Avondale mayor focused on goals, not resolutions. Noting that New Year’s resolutions are “meant to be broken,” Mayor Kenn Weise has “opted” instead “to focus on goals” — goals in his personal life, as well as within his capacity as the city’s top elected official. What big projects have already been accomplished? Which ones are slated to be checked off in 2019? Find out in West Valley Viewhttp://bit.ly/2RMyhH2 

 

 

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


Arizona water leaders lean on developers to support drought plan. “As the Colorado River teeters on the brink of shortage, water leaders in Arizona are begging developers to pressure legislators to sign off on a drought plan, while also aiming to reassure those developers that despite a drier future, it’s safe to come to Arizona and build.” Phoenix New Times. http://bit.ly/2CBB3nS

Gila River threatens to pull out of drought contingency plan. “House Speaker Rusty Bowers is proposing changes to state laws in a way he said will protect the rights of farmers in the Safford Valley.” That’s not sitting well with the Gila River Indian Community, which is “threatening to blow up the drought contingency plan” over Bowers’ proposal, saying it “will undermine its claim to water rights.” Howard Fischer/Arizona Cap Timeshttp://bit.ly/2FG8zgM

Arizona water plan lacks conservation, say Democrats. Meanwhile, Senate President Karen Fann “said conservation will be addressed — eventually… But the Prescott Republican said she does not want to bog down an already-complex issue at the last minute…” Howard Fischer/Arizona Cap Times. http://bit.ly/2S1lPCm 

Ducey’s budget omits tax conformity issue. “The question of what Arizona will do with the new revenue it gets by conforming with the federal income tax code, which is shaping up to be one of the most contentious issues of the 2019 legislative session, is a blank space in Gov. Doug Ducey’s executive budget plan.” Arizona Mirror. http://bit.ly/2HrPZe2

Ducey proposes pay raises for nearly half of state employees in $11.4 billion budget. “15,000 of Arizona’s roughly 33,200 employees… would see salary increases of 5 percent or more,” Arizona Cap Times reports. (Also see: “EXECUTIVE SUMMARY FY 2020 ARIZONA BUDGET” — link to PDF available in RLGR.) http://bit.ly/2HoKZqE

Arizona bill addresses data privacy. “Websites like Facebook are facing almost weekly controversies over their use of user data, and now the Arizona Legislature is looking at a possible remedy. But it seems unlikely that the bill would affect any of the large online data-collectors.” Arizona Mirror. http://bit.ly/2sGGCgs

[IN-DEPTH] Guilty verdicts for leaving water, food for migrants. “Four humanitarian aid workers were found guilty Friday on misdemeanor charges involving leaving aid in a restricted area of Cabeza Prieta National Wildlife Refuge after a three-day legal battle.” Cronkite News. http://bit.ly/2Mo2gyR

36 hours in Scottsdale. New York Times travel columnist Elaine Glusac shows up in Scottsdale and takes in “Midcentury design tours, locavore meals and hikes in the countryside.” http://bit.ly/2AWVSKu

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