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
7 Mesa dairy farmers are one step closer to selling land for development. (Disclosure: Rose Law Group represents Hawes Crossing.) As Hawes Crossing heads to Mesa City Council with a P&Z thumbs up, AZCentral takes a close look at plans for the 1,200-acre mixed-use — a game-changing development that would “provide more than 12,000 housing units and more than 55,000 jobs.” http://bit.ly/2MT0GH5
Company plans to reopen Sacaton mine near CG. (Disclosure: Rose Law Group represents Elim Mining.) “Elim Mining has purchased the old open pit mine located northwest of Casa Grande and is exploring the possibility of reopening the mine under the new name Cactus Mine.” CGD. http://bit.ly/2WpvjXN
Taylor Morrison opens new, walkable community in Downtown Queen Creek. • Victoria Heights • Single- and two-story homes • 1,715 to 2,961 sq. ft. • Near retail, restaurants, gyms, parks • From the upper $200s • Full rundown in AZ Business Magazine. http://bit.ly/32Wpofw
Infill luxury subdivision put forward in north Scottsdale. HOH Investment Group is proposing zoning changes to allow for a gated subdivision near Scottsdale Rd and Dixileta Dr. More details from reporter Mike Sunnucks in RLGR. http://bit.ly/2PoRyvC
New apartments, office space to join downtown Phoenix Fry’s at Block 23. Phase one drew to a close last week with the opening of Fry’s. Now RED Development starts phases two and three, with work on The Ryan apartments and a nine-story office tower. KTAR. http://bit.ly/36cOfxG
Development boom aims to transform downtown Phoenix into urban mecca.Forbes looks at downtown’s “historic revitalization,” with input from some of the folks who are helping make it happen: Phoenix development officials Christine Mackay and Alan Stephenson, and Downtown Phoenix Partnership execs Sara Scoville-Weaver and Dan Klocke. http://bit.ly/31U0ITs
Kaplan Development proposes new apartments in Scottsdale.
Kaplan Development Group wants to develop the new apartment complex at Shea near 94th. Sunnucks has more on the project in RLGR. http://bit.ly/2pXkMak
Metrocenter lands big investor tax break. As one of the Valley’s 85 opportunity zones, can the 50-year-old Metrocenter be revived à la Park Central? AZCentral. http://bit.ly/2PxewR4
Is housing the economy’s saving grace? “[C]ommentary from CNN states that the U.S. economy needs housing to continue improving to ‘keep the current recovery alive.’ ” DSNews. http://bit.ly/31MK7ks
AMENITY-VILLE –Oops, I bought a haunted house! Strange shadows. Unexplained creaking. Shifting objects. Feeling touched when no one’s around. Who would buy a house that offered such spooky amenities? Find out in REALTORMag… if you dare! http://bit.ly/2onLuby
Maricopa Mayor Price highlights past, future economic development. [VIDEO]. Mayor Christian Price’s Field of Dreams-themed State of the City address was a big hit last week, with topics ranging from the completion of SR 347 to the development of Copper Sky and Estrella Gin. InMaricopa. http://bit.ly/32TRGa9
Sedona P&Z approves Community Focus Area. “The city of Sedona is in the process of trying something new in an area of town that — for the most part — has seen little development over the years.” Red Rock News. http://bit.ly/2BRNmg0
Longtime Mesa city manager Charles Luster dies at 93.EVT looks at the life and career of former Mesa City Manager Charles K. Luster, “who devoted 42 years of service to the city at a time of its most dynamic growth.” http://bit.ly/31TvZGf
Scottsdale Polo Party Week is Finally Here –http://bit.ly/31UzlZx
RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.http://bit.ly/2UgnCCk
As a supplement to the Dealmaker, we thought you might enjoy these articles!
How hot is too hot? Arizona regulators ignore science in weighing shutoff protections. When customer bills go unpaid, should power be cut off only when the temperature is less than 105 degrees Fahrenheit? Or should the cutoff threshold be even lower than that? New Times.http://bit.ly/2MUIWLF
Regents ask judge to toss lawsuit alleging ‘gift clause’ violation. AG Mark Brnovich contends that ASU’s deal for a proposed Omni Hotel is a violation of Arizona’s “Gift Clause.” The Board of Regents say the AG’s claim was filed way too late. A CMS/Howard Fischer report in ACT. http://bit.ly/2BOrSR1
Flagstaff sales tax misses projections by a million dollars. “Now city officials are trying to figure out what happened and what it means for the budget going forward.” Daily Sun. http://bit.ly/2MRucx1
Arizona sees deep cuts, big tuition hikes since recession. <- That according to a new report which shows that “only a handful of states have been able to restore higher education funding to levels they enjoyed before the recession hit.” CN. http://bit.ly/2PsdkOY
Judge reduces Petersen’s bail with caveat in Utah adoption scheme. A district judge has cut Maricopa County Assessor Paul Petersen’s bail substantially. However, should Petersen be released, there are a few conditions he’ll have to comply with. KSL. http://bit.ly/2BROnVm
Arizona butterfly lands in California classroom with phone number on its wings. On Oct. 17, a monarch butterfly flew into an Oxnard high school classroom, after a journey of “at least 535 miles in 28 days,” all the way from Southern Arizona. And boy were its wings tired! Daily Star.http://bit.ly/2BNr6nd
