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
SE Mesa area could generate 240K jobs. (Disclosure: Rose Law Group represents Hawes Crossing.) EVT looks into municipal musings concerning an economic development study under the city’s Inner Loop Master Plan. That as “City Council prepares at some point to vote on zoning changes related to Hawes Crossing.” Featuring remarks about the project from RLG Founder and President Jordan Rose. http://bit.ly/2OMnrMR
Scottsdale’s Southbridge II delayed, will see vote soon. (Disclosure: Rose Law Group represents Spring Creek Development.) Why the delay? As Asst. City Manager Brent Stockwell notes in AZCentral: “This is a zoning case, and it’s also an abandonment, and it’s also a land sale… It takes a lot of time to make sure all the I’s are dotted and the T’s are crossed.” (Subscriber Content). http://bit.ly/37BG2nq
Pinal task force trying to balance county water needs. <-That was the message from task force founding members — William Garfield (Arizona Water Company), Jake Lenderking (Global Water) and Steve Miller (County Supervisor) — to “a packed room of more than 100 members of the Pinal Partnership Friday morning.” PinalCentral. http://bit.ly/2OknNv9
Phoenix new home sales climb, not all buyers welcome. Real estate consultant Jim Belfiore is keeping his eye on a “telltale sign” that’s been popping up in the Valley, one which could have a major impact on the Valley’s hot new-home market. AZCentral (Subscriber Content). http://bit.ly/2rsguZm
Single-family rental demand pushes rents higher. Phoenix gets a shoutout in this CNBC report on single-family rentals — demand for which is “so high that pickings are getting slim.” (via Builder). http://bit.ly/2OkrzV8
These 25 housing markets are still very hot.Forbes analyzed two thousand cities to find the hottest markets — and Arizona dominates, with eight cities in the top 25. http://bit.ly/33kthdx
OK Boomer, who’s going to buy your 21 million homes? With a spotlight on Sun City, WSJ explores what’s going to happen with homes owned by boomers as more and more of them kick the bucket in the coming years. (Subscriber Content). http://bit.ly/2OLYiS6
PHX to facilitate development of affordable housing. “Phoenix Housing Department has recently issued a solicitation to gauge developers’ interest in building and/or rehabilitating more affordable rental housing.” Details at AZBEX.http://bit.ly/2qNoqEe
Cities join forces to combat homelessness. “Scottsdale City Council will consider authorizing the city to join a collaboration aimed at finding solutions to address homelessness with Tempe, Mesa, Gilbert, Chandler and Apache Junction.” SP. http://bit.ly/35AW4f8
Mesa looks at new ‘Quality Development Guidelines.’ The new standards aim to encourage better developments in the city and will be taken into account in land-use and project approvals. Reporter Mike Sunnucks has more info in RLGR. http://bit.ly/2romqT7
Rio Nuevo approves investment in $72M Bautista project.RED News files a brief report on the deal struck between the RN Board and The Gadsden Company for investment in The Bautista, a mixed-use that is “one of the biggest projects in the history of the District.” http://bit.ly/2XMvAF0
Plans nearly finished for Scottsdale ‘gem.’ SP brings us up to speed on Scottsdale’s Indian Bend Wash Masterplan, which looks to return some much-needed infrastructure sparkle back what is considered “a gem of flood control, recreation and livability.” http://bit.ly/2s9hiCu
$10M grant confirmed for Prescott airport terminal. The FAA grant means the “long wait is over for the new Prescott Regional Airport terminal project.” Daily Courier via AZBEX. http://bit.ly/2XJNoQY
What Payson wants in a town manager. At a recent work-study session, “community members joined the council and town staff” to “come up with lists to identify the town’s main problems, what challenges the new town manager will face and what experience the new manager needs.” Roundup. http://bit.ly/2shymq7
Scottsdale Arabian Horse Show an ‘incredible opportunity,’ says Adam Trenk, Rose Law Group partner, director of Equine Law. The Arabian Horse Show at WestWorld returns in Feb., bringing with it $98M in economic impact. AzBigMedia • Adam Trenk tells RLGR that the 11-day event is “an incredible opportunity for people who don’t have any familiarity with horses to witness the extravagant beauty of these animals.” http://bit.ly/35Eq1LH
Pollack promises brighter holiday season. Michael Pollack’s Tempe theater radiates with a “wild” display of “more than half a million-holiday lights.” And that’s not the only dazzling spectacle the real estate re-developer, band leader and philanthropist is offering — free movies and music are also in the Xmas mix. Rose Law Group sends out season’s greetings to its longtime client for once again bringing the holiday cheer! http://bit.ly/2XJmrgi
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Tony Valdovinos: What it means to be a Dreamer and an American. Tony Valdovinos discovered his undocumented status at the age of 18, when he tried to enlist in the Marines. His story inspired Americano!, a new musical poised to be one of the most impactful theatrical productions of 2020. To see what kind splash Americano! is already making, just check out the next story! http://bit.ly/2DhP4be
New Phoenix, Dreamer-inspired musical Americano! takes unusual step of placing billboards in New York’s Times Square. Check out the pics! in RLGR. http://bit.ly/2qArYdd
Casa Grande man applies for loan, discovers he’s dead. When 37-year-old William Edward Clarke II went out looking to purchase a new vehicle, he wasn’t exactly in the market for a hearse. But he might as well have been. CGD has the story. http://bit.ly/2OisGo9
Court rules consumer protection laws don’t apply to sports. Disappointed that the 2015 Floyd Mayweather Jr. vs. Manny Pacquiao fight “turned out to be a yawner”? Want your money back over similar sporting-event duds? Too bad, says the 9th Circuit. CMS/Howard Fischer ACT. http://bit.ly/2DeqFmX
Survey: Arizonans concerned most about water, education and the state’s finances. Morrison Institute for Public Policy conducted the survey. AZCentral has the findings. http://bit.ly/33howBl
4 Arizona Democrats back plan for 100% clean energy by 2050. “The bill, titled the 100% Clean Economy Act of 2019… is one of several major pieces of climate change efforts introduced in the House since Democrats took control.” AZ Mirror. http://bit.ly/2Oh3qij
Proposed law takes away elections manual changes from secretary of state. “SB 1014, proposed by Sen. Michelle Ugenti-Rita, R-Scottsdale, would require that any changes in the formal election manual be approved by the Governor’s Regulatory Review Council.” reports CMS/Howard Fischer in ACT. http://bit.ly/2Oh3uyz
