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
Rose Law Group litigator Evan Bolick comments on SCOTUS’ reversal allowing property rights plaintiffs to go directly to federal court. The U.S. Supreme Court has “reversed a long-standing land use decision that made it nearly impossible for property owners to bring a Fifth Amendment takings claim in federal court.” Builders call it “a huge victory.” • Evan Bolick: “This decision provides more options for those with a takings claim to get into court sooner and have their choice of venue.” More on the case, and from Evan, here: http://bit.ly/2RzcDSZ
HEMP MATTERS:FEES-Omar Abdallah, Rose Law Group attorney handling hemp-related issues, fills us in on license fees for entering the hemp industry. Fees — whether for growing, harvesting, processing or transporting — can vary. Omar Abdallah has the amounts in RLGR. http://bit.ly/2Xw4dRV
Mayors discuss opportunities, challenges in Pinal. “We’re generating buzz,” said Eloy Vice Mayor Micah Powell during the mayoral “roundtable discussion” at Pinal Partnership’s monthly breakfast Friday. Coverage in CG Dispatch. http://bit.ly/2Xy3e3B
4,100 new homes for Surprise? “City Council on Tuesday voted unanimously to annex into the city 1,180 acres at 163rd Avenue and Dixileta Drive,” a move that could turn “undeveloped desert” into “the next Vistancia.” The story, plus a rundown of other area projects (from Toll, Todd, Fulton, Gehan and others) in AZCentral. http://bit.ly/2ZMAJwn
Vistancia opening luxury golf villa-styled community. The Eagle Crest has landed! The new neighborhood featuring twenty-eight new David Weekley homes “nestled around Blackstone’s 10th hole” opened over the weekend. Peoria Times. http://bit.ly/2LeHaEK
Construction projects begin for Litchfield Park’s City Center. The mixed-use project seeks to “overhaul downtown into a commercial destination,” with retail, dining, offices, entertainment and possibly residences.” For development details, including ground-level and aerial renderings, tap to YourValley. http://bit.ly/2Y9WDtb
Scottsdale Entrada project taking shape. Sun Chase Holdings’ “site plan for the long-gestating Scottsdale Entrada mixed-use development gives the clearest picture yet of the developer’s plans for the long-dormant site” at 64th Street and McDowel. Scottsdale Progress. http://bit.ly/2Y6qToY
EV ‘city’ aims for seniors with cash. “East Valley seniors with some extra cash will soon have the opportunity to enjoy a lavish lifestyle — complete with personalized medical care — in Mesa’s very first “BioCity” campus. EVT. http://bit.ly/2X551O0
KB Home to open Tucson communities. The two communities, Saguaro Station and Dakota Vista, start in the $180s and $230s respectively, with homes ranging in size from 1,000 to 2,100 sq. ft. Details on both, along with a look at a third KB community opening in California, in Builder. http://bit.ly/2X5batN
Planned Glendale annexation continues industrial boom near Loop 303.“The annexation area, called Cotton Properties, would be one of the largest additions to Glendale this decade.” YourValley reports that “121 of the 161 acres are planned for industrial use,” while the “rest will be used for retail businesses, office space and possibly a hotel.” http://bit.ly/2ZFKzjR
John McCain Mural in Old Town on Scottsdale’s agenda. ‘The Maverick Mural’ would feature the late U.S. Senator in pictograms on the facade of a building at Marshall Way near Fifth Ave. Mike Sunnucks has more on the mural in RLGR, including info on some of the concerns it has raised. http://bit.ly/2FrwQFK
See where Cheddar’s Scratch Kitchen is landing in the West Valley. The Dallas-based comfort-food restaurant chain has locations in Chandler and Tucson, and is now looking to make itself comfortable in the West Valley. And reporter Mike Sunnucks knows where. http://bit.ly/2RwgJLG
Prep & Pastry landing at Scottsdale Waterfront. “Brunch without booze is just a sad, late breakfast,” proclaims Prep & Pastry on its website splash page. Which must be why the eatery is seeking a liquor license for its Waterfront location — something Scottsdale City Council will consider on Tuesday, reports Mike Sunnucks in RLGR. http://bit.ly/2xerDMI
[GUEST COLUMN] Bien-Willner: A salute to Town Council’s recent successes. In PVI, Paradise Valley Mayor Jerry Bien-Willner gives major municipal props “to everyone involved for a great first six months of this council term.” Achievements include approval of a Strategic Revenue Plan and preservation of the town’s “unique low-density, residential character.” http://bit.ly/2XuENEe
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Click here for 2019 Arizona Legislative News
Rose Law Group Partner and Cannabis Dept. Director Laura Bianchi says cannabis extracts case a big win for Arizona’s medical marijuana industry. “Marijuana-laced massage oils, vaping products and brownies and other edibles likely will emerge as the future of the multimillion-dollar medical marijuana industry in Arizona, thanks to last month’s key court decision” – CN • Laura Bianchiagrees, telling RLGR: “I certainly expect to see a boost in our market. I also anticipate an increase in new brands and technology.” http://bit.ly/31Rt8i9
Discontent with 2018 election brings slate of new voting laws.AZ Capitol Times (or as some around Dealmaker HQ call it, AZ Paywalled Times) looks at some of the enacted changes — from new primary dates to protecting campaign signs. http://bit.ly/2N9GQcW
New state chief justice to continue push for ‘bail reform.’ Major changes? Or stay the course? Cap Media Services Howard Fischer chats with new Arizona Supreme Court Chief Justice Robert Brutinel in a (shockingly!) non-paywalled piece at AZ Cap Times. http://bit.ly/2LdfhwL
Your professional decline is coming (much) sooner than you think. In The Atlantic, author, columnist and American Enterprise Institute President Arthur C. Brooks is on a “quest to figure out how to turn [his] eventual professional decline from a matter of dread into an opportunity for progress.” (via AEI). http://bit.ly/2XDGVK5
Arizona forever young. But not forever. “Arizona continues to be relatively young compared to the rest of the U.S., but it saw one of the nation’s biggest jumps in average age from 2010 to 2018.” CN. http://bit.ly/2ZPuF6F
