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
[OPINION] My account of the myths and facts surrounding Scottsdale Southbridge II. (Disclosure: Rose Law Group represents Spring Creek Development.) Community advocate Andrea Alley busts several myths concerning Southbridge II and Spring Creek Development, which “has done everything within — and perhaps even beyond — reason to make this project the best it can be for Scottsdale.” SI. http://bit.ly/2XbdRXv
[OPINION] I’m withdrawing my support of ‘Old Town Alliance’ group. (Disclosure: Rose Law Group represents Southbridge 2.) Planning Commission member Larry Kush has yanked his support for “Old Town Alliance” due to the group’s “troublesome” opposition to “quality redevelopment” in downtown, including Southbridge 2. SI. http://bit.ly/33Ml2I2
Pinal County receives $15M grant for infrastructure near truck production facility. (Disclosure: Rose Law Group represents Saint Holdings.) PBJ rolls out further details on the federal grant recently secured by the county — how it will be used for access to the Inland Port of Arizona and Nikola Motor Co.’s proposed plant. (Subscriber Content). http://bit.ly/2qNEBkI
Pollack: Housing affordability. A Q3 increase in NAHB’s affordability index was “the most important piece of information last week,” says The Monday Morning Quarterback, who also dives into tons of other important economic news, including: U.S. • Consumer Confidence • Auto Sales • Job Openings • Population Reduction??? AZ • Housing – Phoenix & Tucson. http://bit.ly/2CIDuFQ
Multifamily proposed for Val Vista Square Mixed-Use. Gilbert Growth Properties, LLC is seeking to rezone 34.1 acres at the SEC of Val Vista Dr and Pecos Rd “in order to allow for an approximately 314-unit urban-style multifamily residential community.” Project details in AZBEX. http://bit.ly/2NJ25Al
Borowsky family looks to build new housing between Sedona and Cottonwood. “For the past 15 years Eric Borowsky has been trying to decide the proper use for his land. He’s confident he’s found it… But before [Borowsky and daughter] can put a shovel in the ground, they must first receive a zoning change from Yavapai County.” RRN. http://bit.ly/32GnUox
Here’s what the Arizona Diamondbacks want in a new stadium. A smaller venue with a more “intimate” fan experience, plus a “major shopping and dining complex” are among the items on a “team wish list obtained by The Arizona Republic.” http://bit.ly/2pgcSJ7
Is Dreamport Villages dead? Will rezone action by Casa Grande City Council put plans for the mega-resort in jeopardy? Or are things still moving forward? WATCH on ABC15: http://bit.ly/2QhCBfc
Chandler’s 1st full-service Marriott hotel opens. Per AZ Business Magazine, the Marriott Phoenix Chandler in the Price Corridor “is not only the largest legacy brand full-service Marriott in the state, the property features the greatest amount of hotel conference space in the area.” Tap on for a full rundown. http://bit.ly/351kj5U
Yavapai BOS hearing set for Hilton Garden Inn. BOS is slated to look at “a zone change request” of a parcel at Jack’s Canyon and SR 179 to allow for the 154-room Hilton — unless another “snafu” occurs. The story in RRN. http://bit.ly/2X8Ugas
Here’s who’s running for mayor and city council in Tempe in March. “Seven candidates — ranging from incumbents to a rocker who’s a fixture in the local music scene — have qualified for the March 10 primary election ballot.” AZCentral. http://bit.ly/2KgZFa6
How to sell a house in SoCal: Make a movie. Video marketing is not new territory for home sales… But cinematic mini-films, complete with paid actors, lighting crews and full-fledged storyboards, are something new. NYT. http://bit.ly/2rJeTOZ
Cameron’s $5M + deals of the day – http://bit.ly/2rJdOXr
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Is DACA doomed? Supreme Court signals it sides with Trump. Even so, its seems DACA’s demise (at least in spirit) is being greatly exaggerated, as President Trump “said he would make a deal with Democrats to allow DACA recipients to stay if the program is overturned.” AZ Mirror. http://bit.ly/33KxZCj
Boeing eyes Southern Arizona site for space-capsule landings. “Boeing officials briefed the Cochise County Board of Supervisors Tuesday morning on its plan to land the Starliner capsule on a site owned by the U.S. Army and the state, roughly in the center of Willcox Playa.” DS. http://bit.ly/2pfoEmV
Petersen drags top county officials into legal battle to get his job back. Hey, Sheriff Penzone, Recorder Fontes, Treasurer Flora and all you supervisors on the Maricopa County BOS — how many hours of work do YOU put in? That’s what lawyers for County Assessor Paul Petersen want to know. 12 News. http://bit.ly/2q0J6bN
Navajo pull backing for tribal energy company over coal mine purchases. CN reports on how “a plan by the Navajo Transitional Energy Co. to buy three more mines, in the Powder River basin, has run into opposition.” http://bit.ly/2qbTkG3
