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The Dealmaker: 9/11/2019

Posted by   /  September 11, 2019  /  No Comments

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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

How Microsoft picked the West Valley for its data centers. (Disclosure: Rose Law Group represents Microsoft.) “Plenty of power, land and workers all played a role,” as did “code names and helicopter rides.” PBJ (Subscriber Content). http://bit.ly/2kENWsn

EPCOR tells public goal is to close smelly ‘Section 11’ plant. Complete closure of Johnson Utilities’ “notorious” San Tan Valley wastewater plant was just one of the topics covered by EPCOR officials during a recent update on the interim operator’s planned “repairs and upgrades.” STVS. http://bit.ly/2kHTN07

Coolidge P&Z OKs large apartment complex. Located on Sonora Loop, Casa Blanca Coolidge “will be comprised of several three-story complexes, offering a total of 398 units” with “multiple” floor plan “options.” Coolidge Examiner. http://bit.ly/2ksyKP7

Invitation Homes CEO talks Phoenix market [PODCAST].The Arizona Report™ checks in with CEO Dallas Tanner in this 13-minute interview on his firm’s “future plans for the Valley.” http://bit.ly/2kcB38G

Fry’s Food Stores announces opening date of downtown location. You can almost picture folks lining up around Block 23, eager to shop and check out downtown’s only full-service grocery store when it officially opens October 23rd. (Actually, they seem to be lining up already! — at least in the rendering.) New Times. http://bit.ly/2lJ1eV4

AC Hotel by Marriott to open luxurious 13-story Arizona Center hotel in 2021. With a September groundbreaking for the upscale accommodations in the rearview, KTAR looks down the road at some of what the 199-room AC Hotel will have to offer when construction reaches the finish line in early 2021. http://bit.ly/2mdwzQ1

New industrial space coming to Phoenix-Mesa Gateway Airport area. Marwest Enterprises has started phase-one construction on the Class A industrial project near Loop 202 and Ray. Reporter Mike Sunnucks has the rundown in RLGRhttp://bit.ly/2lLxUx0

Medical marijuana dispensary looks to relocate in Glendale. Harvest Health is looking to relocate within the same shopping center. Even though a short move, it will still require variances to the city’s medical marijuana zoning rules. Details in Mike Sunnucks’ RLGR report. http://bit.ly/2kHoemW

Coolidge approves contractor to build new airport runway. Banicki Construction will “completely tear up and rebuild the primary runaway” at Coolidge Muni, with the entire project costing the city “just over $16,000.” What a fantastic deal! Details in Coolidge Examinerhttp://bit.ly/2ksyKP7

New program to bring public art installations to 6 Valley cities. The IN FLUX Cycle 9 program includes Phoenix, Scottsdale, Tempe, Peoria, Glendale and Chandler as well as the Arizona Commission on the Arts. So what sort of art is each city looking for? Mike Sunnucks knows. http://bit.ly/2kHohz8

Cameron’s $5M + deals of the day –http://bit.ly/2kFy7Sg

Final Details and Event Line-Up Announced for World’s Greatest Polo Party –http://bit.ly/2kgT1ae

RLG HIRING: Rose Law Group is seeking a receptionist for our front desk to provide administrative and clerical support for our office. Contact us:  http://bit.ly/2UgnCCk

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

How sports can help America heal. By Larry Fitzgerald. “Can the values that are learned on the field help unite a divided nation? The future Hall of Fame receiver on what football has taught him about himself and his opponents.” Sports Illustrated. http://bit.ly/2lPh4NE

Laura Bianchi, Rose Law Group partner and Cannabis Dept. director, talks to AzBigMedia about the complexities of cannabis banking. With cannabis illegal under federal law, few banks have been willing to do business with licensed dispensaries — and those that do charge high fees for their services. Laura Bianchi addresses this and other issues the industry faces when it comes to cannabiz banking. http://bit.ly/2lPeOpG

Tucson, Phoenix in middle of ‘best & worst public transportation’ cities.What about Glendale, Scottsdale, Chandler, Mesa and Gilbert? How’d they fare in this new WalletHub study? Tap on to find out. http://bit.ly/2kfHnMM

Arizona’s House delegation splits along party lines on gun safety votes. “The U.S. House Judiciary Committee committee advanced three gun safety bills on Tuesday.” Legislation details and how each lawmaker voted in AZ Mirrorhttp://bit.ly/2lLyafs

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