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
Phoenix Suns set location to build new practice facility. (Disclosure: Rose Law Group represents the Phoenix Suns.) It will be “Zing go the strings!” at 44th Street and Camelback, location for the future home of the Suns’ new “state-of-the art training facility.” For an overview of the “privately financed” practice facility’s features, fast-break to AZCentral. http://bit.ly/2Heo3qP
New homesites get planning, zoning approval. YourValley dribbles out some news regarding Maricopa County Planning and Zoning Commission’s recent approval of Four Seasons, a K.Hovnanian 50-home development in Sun City West. -> http://bit.ly/2JkNglQ
New apartments planned for downtown Phoenix’s warehouse district.Developer Wood partners is planning Alta Warehouse — “one of the first big apartment projects for the warehouse district” — on a site at 6th Ave. and Lincoln St. More info on the project at AZCentral. http://bit.ly/2WrbSwZ
Maricopa home market heats up with the weather. Realtor Brian Petersheim looks at local housing data for April, and has some info on new builds planned by K. Hovnanian, Lennar and DR Horton — at InMaricopa. http://bit.ly/2DSbCzI
Taylor Morrison opens 6 new model homes at CantaMia. • 55-plus living in Goodyear • Six single-story floor plans • 1,361 to 2,138 sq. ft. • Up to 3 bedrooms • More on CantaMia at Estrella • In AzBigMedia. http://bit.ly/2E3PfYz
Appeals court sets argument date for Lakes course case. Is “forcing a landlord to restore” a defunct golf course “involuntary servitude”? Are new homes the only way to save the dilapidated Ahwatukee Lakes Golf Course? Do CC&Rs “mandate” course reconstruction? The Arizona Court of Appeals will grapple with those and other issues, and AFN has a preview. http://bit.ly/2H1YtVO
KB Home opens Northwest Tucson community. • Estrella Estates • 52 one- and two-story homes • 1,500 to 2,700 sq. ft. • Up to six bedrooms • From mid $200s • More in Builder. http://bit.ly/2DQ8zZa
Federal government suspends permit for large Arizona development near San Pedro River. The Army Corps of Engineers has suspended a permit for the 28,000-home Villages at Vigneto development near Benson, “order[ing] the developer not to proceed with work while the agency considers ‘whether any additional modifications to the permit are warranted.’ ” AZCentral. http://bit.ly/2vGG8YZ
Old Dominion Freight rolls into Mesa. “The proposed project [on a 19-acre site at Crismon and Pecos] consists of a 5,450 square foot office building and 47KSF of warehouse space.” Rendering and design details at BEX. http://bit.ly/2V4LEPh
Agate Construction breaks ground on Goodyear Harley Davidson dealership. The Agate Construction team rumbled out to 159th Ave. and McDowell and kicked up dirt for the groundbreaking of the new 20,000 sq. ft. Roadrunner Harley-Davidson dealership. Read about it in RED News.http://bit.ly/2ZZQhy4
Landowner, developer help sisters save an icon. It’s bye-bye 68th St. and McDowell but hello Hayden and Earll, the new home for Polynesian Dairy Queen — all “thanks to the efforts of local residents, the property owner and a Scottsdale developer who will relocate parts of the building to a new redevelopment by Clayton Companies.” Scottsdale Progress. http://bit.ly/2PRTWJE
Honor Health submits plans for new Neuroscience Institute in Scottsdale. In RLGR, Mike Sunnucks reports on Honor Health’s plans for new multi-story Neuroscience Institute building at its Osborn Medical Center campus. http://bit.ly/2PRUzmu
Avondale to vote on updated impact fees, looks at City Center development. The impact-fee vote is expected to go down TONIGHT. Mike Sunnucks has the fee breakdowns and also reports in RLGR that there will be council give-and-take regarding an Elliott D. Pollack development study of City Center. http://bit.ly/2J3vjZT
Maricopa could vote on capital spending, demand transit system budgets. Mike Sunnucks has been a busy reporter this morning! Here’s another he’s filed: “The Maricopa City Council will consider and potentially vote Tuesday on a tentative budget for capital improvements for fiscal year 2019-2020.” Read on in RLGR. http://bit.ly/2VQ2tC5
Dealmaker BONUS: Arcosanti: The experiment lives on as urban lab approaches 50th year. “For nearly 50 years, Arcosanti has drawn innovators who wish to leave city life behind and experiment with an alternative, more sustainable lifestyle. Some stay for a few months; some never leave.” Cronkite News. http://bit.ly/2VgDmsK
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Click here for 2019 Arizona Legislative News
SNL turns to (or on) Elizabeth Warren instead of Trump. “Senator Elizabeth Warren (Kate McKinnon) talks to Colin Jost about her crazy platform for the 2020 presidential election, including student debt forgiveness.” LAUGHS here: http://bit.ly/2Jmclgq
Arizona confirms NCAA investigation into men’s basketball program has started. “UA had not previously confirmed that the program was being investigated… Of course, by now, it’s of little surprise.” HOLD THE PHONE! -> “[UPDATE] UA has issued a statement denying there is an official investigation of the basketball program.” Daily Star. http://bit.ly/2H4xYjw
States need new traffic laws for self-driving cars. “States are scrambling to figure out how to govern vehicles in an age of automated driving, when cars and drivers will have different levels of control over driving.” (RELATED, also at Axios: “Arizona in a patchwork of AV regulations.”) http://bit.ly/2GZZFsP
Lawmakers OK suicide prevention training in schools. “Responding to the anguish of parents who lost sons and daughters to suicide — including 33 in Gilbert, Chandler, Mesa and Queen Creek and five others in neighboring communities since July 2017 — both chambers last week wasted little time in passing the bill.” EVT. http://bit.ly/2PQXvzs
