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The Dealmaker: 9/9/2019

Posted by   /  September 9, 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

Public hearings slated on routes, environmental impact of North-South Freeway in Pinal County. After years of analysis and input the Tier 1 environmental document for the proposed 55-mile North-South Corridor, stretching from AJ to Eloy, is ready for review, with three public hearings set for October. Further details in RLGRhttp://bit.ly/2kD6SaP

Maricopa assesses development fees. The City of Maricopa is in the process of adopting the proposed Development Fees included in the Draft Infrastructure Improvements Plan, Land Use Assumptions and Development Fees Report. Head to RLGR for an overview along with access to the entire 81-page report. http://bit.ly/2k7wT1N

RLG land use and regulatory attorney Tom Galvin talks to AZCentral about La Paz aluminum plant; stresses safety standards, economic benefits. (Disclosure: Rose Law Group represents Alliance Metals.) Tom Galvinaddresses environmental and property value questions regarding Alliance’s proposed aluminum recycling plant in the town of Wenden. http://bit.ly/2kD4Zee

For $25, Arizona homebuyers can help solve the state’s affordable housing problem. “Close on your home and get someone closer to home.” That’s the motto of a voluntary program that has “drawn support from Arizona Community Foundation, homebuilders, real-estate agents and government and business leaders.” AZCentral (Subscriber Content). http://bit.ly/2k8gD0y

Increased density proposed for multifamily, townhouse plans next to Hotel Valley Ho. The city of Scottsdale is being asked to rezone a 2.6-acre parcel at 69th St and Main next to Hotel Valley Ho. Reporter Mike Sunnucks has info on the density increase request in RLGRhttp://bit.ly/2m5H7jT

New apartments proposed in south Scottsdale. So long to Mark Kia car dealership, hello to a 282-unit complex at McDowell and Scottsdale roads? Reporter Mike Sunnucks looks at the plans in RLGR. http://bit.ly/2kd9z2U

396-unit multifamily proposed for PHX. Related Group’s yet-to-be-named 461KSF “multifamily residential development is being proposed for the SWC of 19th Avenue and Alameda.” Development info in AZBEX. http://bit.ly/2lFPnHc

Co-living spaces proposed for new Mill Avenue development. Tempe City Council is scheduled to consider plans from Core Spaces for the new 11-story mixed-use project on S Mill, north of University. Sunnucks previews in RLGRhttp://bit.ly/2m9klrx

Revised impact fees to be (re)considered by QC council. A recent public hearing held on Queen Creek’s proposed changes to impact fees had to be continued to mid-October after town staff discovered “a miscalculation on three of the amounts.” More on the spreadsheet snafu in QCIhttp://bit.ly/2kqQAlA

Keeping Sun City business property in shape. CCRs typically govern owner responsibilities for run-down residential properties. Things get a bit murky, however, with unsightly commercial properties. Cases in point: A strip mall at Union Hills and 99th Ave, and the Union Hills Golf Course. YourValley. http://bit.ly/2lHfj5c

Tucson city council rejects hotel plan at base of Catalina Foothills. From the get-go, prospects for “a four-story hotel, a restaurant and town houses” did not look promising, as “Councilman Steve Kozachik deemed the proposal dead on arrival at the start of the meeting.” Daily Star. http://bit.ly/2kAsC7e

Tucson’s Five Points intersection to get new apartment, retail project.With hopes of turning the area into “the Brooklyn of downtown Tucson,” developers are transforming The Ugly but Honest car dealership on S. Sixth Ave into The Baffert at Five Points. Daily Star. http://bit.ly/2ksfAsH

200 new residents a day flocking to metro Phoenix, report finds. Not many metros can boast the kind numbers the Valley has seen when it comes to population net-inflow, according to a recent report by Bloomberg. Check it out in KTAR. http://bit.ly/2k3FRgu

Dealmaker BONUS:A Nobel-winning economist goes to Burning Man. Could “this bacchanal” in the Nevada desert really be “a model for cities of the future,” as economist Paul Romer maintains? Or is the pinwheel layout of Burning Man merely a blast from the past, right out of Del Webb’s development plans for Sun City, as the pics in this NY Times’ report seem to suggest? http://bit.ly/2kCUUxX

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!

Q&A with Senior Reporter Phil Riske; a decade with Rose Law Group Reporter. “Just when I thought I was out, they pull me back in!” Michael Corleone said in The Godfather: Part III. It’s easy to imagine Phil Riske uttering it as well, back when the award-winning journalist came out of retirement to work with Jordan Roseon creating RLGR. Ten years on, Phil is still at it. He chats about that, and more, with staffer Callan Smith. http://bit.ly/2kcJm4u

Q&A with journalist Christiane Amanpour.Daily Star Opinion Editor Sarah Garrecht Gassen recently spoke with the acclaimed reporter about journalism, journalism education and press freedom. http://bit.ly/2m0p4LU

Cato Institute urges U.S. Supreme Court to take Arizona rental car case.With several courts rejecting its arguments that a tax on rental cars violates the Arizona Constitution, Saban Rent-A-Car now looks to SCOTUS for a different outcome, this time with help from the “powerhouse libertarian think tank.” AZ Mirror. http://bit.ly/2lGiKJq

Employee alleges racial discrimination, ‘political bullying’ by Arizona Public Service. In addition, the complaint “implied that senior APS leaders privately blamed the family of Stephanie Pullman” for her death, New Times reports. The 72-year-old Pullman “died of heat-related causes” last year after an unpaid bill prompted APS to “cut her power on a 107-degree day.” http://bit.ly/2m9lwXZ

Ducey comes out on climate. “The acknowledgment regarding climate changes comes four years after Ducey, just months after being sworn into office, had a decidedly different take,” reports Cap Media Services/Howard Fischer in Daily Starhttp://bit.ly/2k7u295

2019’s happiest states in America.WalletHub “examined the 50 states across 31 key metrics, ranging from depression rate to sports participation rate to income growth.” And Arizona doesn’t fare too badly, cracking the top 10 in one particular category. http://bit.ly/2lDkPWx

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