The Dealmaker: 4/11/2019

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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

Richmond American to open Surprise community. It’s the grand opening of Marley Park, a collection of new one-story homes featuring floor plan options for 3- and 4-car garages and starting in the upper $200s. A brief bullet-point rundown along with info on how to grab a “complimentary lunch” and take a tour of RA’s “Cassandra” floor plan — via Builder

Scottsdale developer buys land near Tempe Town Lake for more townhomes. “The project, which sits on about 2.75 acres” near Ash and Rio Salado, “will include 41 three-story homes.” PBJ reports that Caliber-The Wealth Development Co. is “tapping into opportunity zone funds to develop the $19 million project.” (Subscriber Content)

Development of troublesome Troon tract of land hinges upon roadway access. There’s “a private, civil dispute regarding access” to a .70-acre site located “within ‘On the Green at Troon North.’ ” Hanging in the balance? Development of four townhomes on what Mayor Jim Lane says has been a “troubled piece of property for a long time.” Scottsdale Independent.

Gold Canyon development concerns. “550 residents of Gold Canyon and Peralta Trails neighborhoods gathered for a scheduled community meeting. The purpose of the meeting was to gather information, dispel rumors and address concerns surrounding Peralta Canyon, an approved development of 761 new homes to the north of Peralta Trail.” AJ News.

Sanctuary SUP pursuit clouded by Paradise Valley noise, short-term rental concerns. The request for what’s known as Casa 3 at Sanctuary Camelback Mountain Resort & Spa would add “three new rooms and a second story on a portion of the house.” However, the Planning Commission had a few reservations upon “first review” of the proposed plans. PV Independent.

White Castle breaks ground on 1st Arizona restaurant. White Castle President and CEO Lisa Ingram: “Many years ago, we sent semi-trucks full of sliders across the nation to Fountain Hills to temporarily satisfy their Crave. Today, we’re officially here for the long haul [in SRPMIC’s Talking Stick Entertainment District].” So get your White Castle Crave on and check out a pic of the spatula-ready groundbreaking! In AZRE.

Self-storage complex owners try to stop proposed competition. At the Maricopa P&Z Commission meeting Monday, “owners of already-existing self-storage facilities… warned the commissioners that the addition of 135,000 more square feet of storage will likely drive someone out of business and the city would be left with abandoned storage facilities to deal with.” How that cri de cœur from the storage owners ultimately worked out, at InMaricopa.

New hotel in the Village of Oak Creek put on hold. Owners of a 4.74- acre lot at SR 179 and Jacks Canyon have gone back to the drawing board on design plans for a Hilton Garden Inn at the site. The tweaks come after residents expressed concerns about the project, including its “height” and the need for “viewsheds.” Red Rock News.

SR 347 overpass could open in summer. “We’re looking at less than three months to open up the new alignment on 347 and have traffic on the new overpass,” says ADOT spokesperson Thomas Herrmann. Read about the progress — and see it in a 7-pic slideshow —at InMaricopa

2 Arizona cities rank among the best for LGBTQ retirees. One city was noted for its “affordability and mix of cultural and historical sites as a growing retirement destination.” The other was picked as “an ideal home for LGBTQ seniors who want to take advantage of a full spectrum of big city and small town offerings.’ ” What are the cities? Find out in AZCentral

Cameron’s $5M + deals of the day – 

The Best Kentucky Derby Party in Arizona will be here before you know it –

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

Click here for 2019 Arizona Legislative News

Ducey signsbill for state to recognize out-of-state license. “Gov. Doug Ducey signed legislation Wednesday that will pretty much allow anyone with any professional license to practice in Arizona without further state review.” Cap Media Services/Howard Fischer reports in AZ Cap Times.

No Margaritaville in Arizona. It’s lemonade over the margarita as Arizona’s “official” drink! Wednesday’s state senate vote was a “victory for Gilbert teen Garrett Glover” who ‘lobbied’ for the legislation, while Sen. Victoria Steele was a bit sour over the selection. A Howard Fischer report in Arizona Daily Star

State won’t charge former Pinal County officials for ‘eyebrow-raising’ use of RICO funds. The AG’s office will “not prosecute former Sheriff Paul Babeu and former County Attorney Lando Voyles” for “their questionable use of profits from property seized during arrests and investigations,” AZCentralreports.

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April 2019