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The Dealmaker: 9/18/2019

Posted by   /  September 18, 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

Reasons to be optimistic about Arizona’s water future. The upbeat outlook surfaced at the 2019 Congressional Conference, “Revolutionizing Arizona’s Water Future,” where experts and state water leaders focused on “finding water management solutions before they turn into water crises.” Chamber Business News. http://bit.ly/2lVv34Q

Here are 11 of the coolest offices in the Valley. Workspaces AzBigMedia finds “more inviting, more comfortable and more flexible,” with functionality that refuses to ‘sacrifice” productivity. Featuring a “magical trip” of a public relations lab: The HQ of Rose Law Group Founder and President Jordan Rose’s significant other. http://bit.ly/2lXvdZv

Price break on land emerges in Museum Square negotiations. Scottsdale is considering a seven-figure price drop in its sale of land to ARC Scottsdale Holdings, IF the Museum Square developer can “secure termination” of “height limits and other deed restrictions standing in the way of the proposed development.” SP. http://bit.ly/2lUjAm7

Phoenix could sell land once slated for a park to home builder planning for-rent homes. City Council will consider a measure today to move forward on the potential sale of land near I-10 and Loop 101 to Hancock Communities. Reporter Mike Sunnucks has more in RLGR. http://bit.ly/2mpkgjH

CG council gives final approval to new active-adult community. Council gave a “preliminary” nod last week to Spanish Trails West, a “unique” manufactured home community from WLB Group. This week they made it official, with a 5-1 vote “to approve rezoning the nearly 43-acre property.” CGD. http://bit.ly/2mnq2lM

Scottsdale to vote on new Airbnb, short-term rental rules, fines for noise and parties. Under the new rules, how much of a fine could a property owner face If cops have to be called because renters are throwing a party, à la the movie Old School? Streak over to Sunnucks’ RLGR report to find out. http://bit.ly/2knzIvN

Paradise Valley debates Town Hall salute to natural preservation. Where on Town Hall property should a bronze preservation-themed sculpture “representing the three mountains in the town” be located? Town officials brainstorm in this PVI report. http://bit.ly/2mh6CyL

Dealmaker BONUS: World’s tallest residential tower tops out, unveils views [VIDEO]. Dealmaker’s Topography Dept. informs us that the 1,550-foot Central Park Tower, which topped off yesterday, would be taller than Piestewa Peak if both stood side-by-side in Phoenix! Also extremely steep? The price for an apartment in this place. Check it out in the New York Post. http://bit.ly/2konEKV

Cameron’s $5M + deals of the day – http://bit.ly/2kQiI1x

Entertain at an event like no other: The Ninth Annual Bentley Scottsdale Polo Championships – http://bit.ly/2lXwhwt

RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.http://bit.ly/2UgnCCk

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

Gallego touts local, citywide initiatives. Phoenix Mayor Kate Gallego’s 40-minute speech at a town hall in Ahwatukee on Monday “marked her first public address to the community since her election in March.” AFN has the highlights. http://bit.ly/2lUlxir

Ex-Tempe Councilman Kolby Granville surrenders teaching certificate. Granville has thrown in the teaching towel “nearly two years after he was fired from his job at Tempe Preparatory Academy for allegations of inappropriate conduct.” But does it mean Arizona education has seen the last lesson from Granville? Not necessarily. AZCentral. http://bit.ly/2kjL5F0

Arizona progressives seek to censure Democratic Sen. Kyrsten Sinema. “Sinema is facing a censure vote from the Arizona Democratic Party, brought by progressives who deem her politics too accommodating to President Donald Trump.” (ALSO from AZCentral: [OPINION] Censure Sen. Kyrsten Sinema? Arizona Democrats would be idiots to do that.) http://bit.ly/2moywJn

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