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
Pinal County pleased to receive $15.3 million Build Grant. (Disclosure: Rose Law Group represents Saint Holdings.) Pinal County has issued an official statement on federal funds it received that will go toward improvements for Inland Port Arizona and its anchor tenant, Nikola Motor Company. http://bit.ly/2ptacYC
Home-based elder care facilities popping up — to mixed reactions; Rose Law Group Founder and President Jordan Rose comments. “Often, neighbors are unhappy about the prospect of a group home in their neighborhood, but soon discover that the homes are protected under the Federal Fair Housing Act [FHA].” PHOENIX • But when does the FHA apply and when doesn’t it? Jordan Rose answers in RLGR. http://bit.ly/2CR0zpI
KB Homes opens community in Glendale. Northern Ridge Estates is a “gated enclave” at 83rd Ave and Northern, and Builder has a quick rundown. -> http://bit.ly/2CT1lTb
Lakes appeal predicts dire consequences, rips panel’s opinion. The True Life Companies and the owner of Ahwatukee Lakes Golf Course, Wilson Gee, told the Arizona Supreme Court that “an important issue of law has been incorrectly decided” by an appellate panel. AFN. http://bit.ly/2CT19mK
Development plans put forward for Scottsdale church property. A rezone would pave the way for a proposed 27-unit patio-home development on Scottsdale Church of the Nazarene property at Hayden south of Thomas. More info in this RLGR report by Mike Sunnucks. http://bit.ly/2OnA1ld
Read Spring Creek Ranch’s official Letter of Intent and Land Use Plan. There has been some “confusion… around the Verde Valley” regarding the 282-acre MPC. Red Rock News tries to clear things up with both project documents. http://bit.ly/2O1N1hH
2020 Real Estate Outlook: Expert predictions for mortgage rates, home prices, tech and more. “Will 2020 be more of the same?” Forbes talks with “six mortgage, real estate, and housing professionals” to get their takes on the overall housing market for the upcoming year. http://bit.ly/35bbSFp
Barrow Neurological Institute breaks ground on Phoenix research facility. BNI has broken ground on Barrow Neuroplex, a 130,050-sq. ft., five-story facility to be situated “adjacent to the Dignity Health St. Joseph’s Hospital and Medical center campus in downtown Phoenix.” KTAR. http://bit.ly/2r0j8Fs
Mesa to vote on rezoning for medical marijuana dispensary move. PDE Investments LLC is asking Mesa to rezone the commercial center at 535 Baseline Road to accommodate a larger Kind Meds dispensary. RLGR. http://bit.ly/2Op5TWH
Area neighbors drain hopes of Tempe oil-change-site proponents. “Opponents of a proposed Valvoline oil-change facility at McClintock Drive and Warner Road won another rousing battle… when the Tempe City Council unanimously denied an appeal by the property owner.” WN. http://bit.ly/33YHii7
Chick-fil-A opening food stand in Scottsdale Fashion Square. Just in time for the holidays! And you heard it here first! — we think. http://bit.ly/37gpGAm
Metro Phoenix’s shortest freeway, State Route 24, expanding in East Valley. The five-mile extension to Ironwood Dr in Pinal County is expected to help commuters from QC and STV “avoid surface streets in accessing regional freeways” when it opens in 2022. AZCentral. http://bit.ly/2Qtm3kA
Cox and ASU launch collaboration to create smart region. “This collaboration will drive the development of Arizona’s smart region infrastructure, delivering on the promise of ASU’s Smart City Cloud Innovation Center.” AZ Business Magazine. http://bit.ly/2OnCtYX
With term coming to end, Mayor Rothschild most proud of helping Tucson improve. Mayor Jonathan Rothschild reflects on accomplishments — and also has some advice for incoming mayor, Regina Romero. Daily Star. http://bit.ly/37h91Na
As a supplement to the Dealmaker, we thought you might enjoy these articles!
[COMMENTARY] Washington Supreme Court undoes 29 years of property rights protections – in defense of liberty. In the past, Washington courts would apply “heightened scrutiny to regulations for property rights and required courts to consider whether a regulation was ‘unduly burdensome’ on property owners. That protection is now gone.” GI. http://bit.ly/2Kzo5f7
Digital Cities 2019 revealed, and Arizona cities are winners. Five Arizona citiies recognized for “making smart investments in technologies from infrastructure and citizen engagement to data storage and cybersecurity.” GT. http://bit.ly/37huNAh
Ready for our close-up? NBC News, Chuck Todd to focus on Maricopa County in run-up to 2020 election. “I think Arizona is going to be one of the three closest states in the presidential race,” says Todd, the “Meet the Press” moderator. AZCentral (PAYWALL). http://bit.ly/2rWDAr9
First day of bill filing brings out early birds with ERA, title lending, short-term rentals measures. “[L]awmakers on both sides of the Capitol Mall used the day to lay the groundwork for what will be high-profile fights during the coming months.” ACT. http://bit.ly/32XZK9h
More than half of voters say championship teams shouldn’t be required to visit White House. “Some championship teams have chosen to attend White House celebrations in recent years, while others have not.” See what voters think about that in The Hill. http://bit.ly/2QwuCuQ
SNL presents Days of Our Impeachment. The Trump impeachment hearings get the soap opera treatment they need to keep the American people paying attention. WATCH: http://bit.ly/35jKC7T
[OPINION] Teaching kids kindness prepares them for success. “If society is fractured today, if we truly care less about one another, some of the blame lies with the values parents have elevated.” A viewpoint by Adam Grant and Alison Sweet Grant in The Atlantic. http://bit.ly/37m4Gs7