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
[OP-ED] Springcreek development pursuit ought to be approved for Old Town Scottsdale. (Disclosure: Rose Law Group represents Springcreek Development) Community activist Sandy Schenkat highlights how Southbridge 2.0, a project envisioned by Fred Unger now being carried on by son Carter, will usher in “a new era with a new dynamic upgrade” for Old Town. Scottsdale Independent. http://bit.ly/2lDHfqt
Avondale approves MPC. (Disclosure: Rose Law Group represents William Lyon Homes.) AZBEX has further details on council approval last week for William Lyon Homes’ Parkside Village, a 163-acre MPC at Indian School Road and 99th Ave. http://bit.ly/2jV9jFo
European company invests $250 million in Nikola. “The investment made by CNH Industrial is part of a heavy duty truck partnership the company will be entering into with Nikola to energize the production of Nikola’s line of electric and hydrogen electric semi-trucks.” PinalCentral. http://bit.ly/2kjul0T
Dallas developer begins work on multifamily, mixed-use project in downtown Phoenix. High Street Residential (Trammel Crow) has started construction on the first phase of The Fillmore at the SWC of Fourth Ave and Fillmore, with the second phase planned to be “the same scope and scale as the first.” PBJ (Subscriber Content). http://bit.ly/2lSHmyD
Developers give new life to aging buildings. Luxury apartments, hotel rooms and innovative workspaces ‘ARRIVE’ in North Central Phoenix, as Vintage Partners, Stellar Residential and George Oliver repurpose old buildings in the area. north central news. http://bit.ly/2lDIE0d
Here’s what Tempe is doing to reenergize its Broadway corridor, plagued by high vacancy rates. The city is considering land use changes that would not only make it easier for commercial and retail developments, but would also “open the door for housing” in the Industrial Corridor. AZCentral (Subscriber Content). http://bit.ly/2k349aA
Tempe balances business and community interests with sustainable growth. Chamber Business News looks into the city’s “Urban Core Master Plan — a collection of new policies and guidelines being designed to help the city guide balanced, sustainable growth.” http://bit.ly/2krUvhR
Glendale looks at rezoning former Honeywell site. Planning commissioners today will consider a request to rezone an 8-acre parcel at 53 Ave and Bell. Who’s pushing for the rezone? What’s planned? Mike Sunnucks previews in RLGR. http://bit.ly/2lxpzgm
Phoenix could lease land to farming company. Plans call for K-B Farms to lease 6.9 acres at 99th Ave and Southern. As for terms of the lease, Sunnucks has ‘em in RLGR. http://bit.ly/2jYNHbd
Groups challenge BLM decision allowing shooting in protected Sonoran Desert. The file complaint seeks a ban on shooting “until the BLM does a proper review,” New Times reports. Conservation groups also allege that “BLM violated several federal land laws” in allowing such shooting. http://bit.ly/2lwqhKW
Deadlines loom for Navajo looking to take part in land buy-back program. “Time is running out for Navajo landowners who want to take part in the second round of a $1.9 billion federal program to buy back scattered and isolated parcels of land on the Navajo Nation.” CN looks at what it could mean for “individual landowners” and “the tribe as a whole.” http://bit.ly/2ktoZA6
Upgraded college stadiums kick off football season. Sun Devil Stadium, with its $304 million makeover, is among a handful of college stadiums featured in this ConstructionDIVE renovation rundown. http://bit.ly/2lEixGv
H&M sets opening date for newest Arizona store. The 21,000-square-foot store will open September 26 at Desert Ridge Marketplace. How do we know this? Because Mike Sunnucks dug up the info. -> http://bit.ly/2lCB9qm
Scottsdale ranks as 3rd best retirement spot in U.S. See how other Arizona cities fared and access the new WalletHub study in RLGR. http://bit.ly/2m0IXTn
Pollack: The worst has passed? Does a stock market rebound mean the worst is over? Or is it merely a lull in the action before more tariff tinkering results in further economic tumult? TheMonday Morning Quarterback gives it a glance, then hits us with these data snapshots: U.S. • Corporate Profits • Confidence & Sentiment • Home Sales & Prices. AZ • Sky Harbor • Retail Sales • Home Prices – Phoenix. http://bit.ly/2jXqw0Y
Top 15 reasons to attend the 2019 Polo Party in November –http://bit.ly/2jV8RHc
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
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Las Vegas clings to hope Diamondbacks will move there. Or maybe some other MLB team will. But where would the team play and how might it impact the Aviators, the city’s Triple-A team? — which is really what this article is all about. If “Who gives a snake’s !&% about some minor league club in Vegas!?” hasn’t popped into your head yet, then tap to Review-Journal for the story. http://bit.ly/2lwrjXk
Commission could seek answers on APS spending in secretary of state race. “Why did [APS] spend hundreds of thousands of dollars to try to help a corporation commissioner’s son get elected secretary of state?” The answer might come today, when APS CEO Don Brandt “appears before the commission.” AZ Mirror. http://bit.ly/2jZxhiR
State boards waste little time approving professional licenses under new law. After months “preparing for the law and the influx of applications it was expected to bring,” the “Arizona Board of Behavioral Health Examiners was ready.” CN. http://bit.ly/2lYNEgj
Gannett confiscates pro-union ‘Arizona Republic’ reporter’s work phone. Republic reporter Rebekah Sanders covers “scams and bad business practices.” In a New Times report that would appear to be right up her alley, Sanders says “a Gannett representative ‘interrogated’ her about her ‘unionizing activity’ ” and then, afterward, “confiscated her work phone.” http://bit.ly/2kijLHv
