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 receives $15 million for economic development. (Disclosure: Rose Law Group represents Saint Holdings.) Congrats to Pinal! The county, with a big assist from Sen. Krysten Sinema, has secured a DOT grant to develop the Inland Port Arizona industrial park. Jackob Andersen, CEO of Saint Holdings which is developing the Inland Port, calls getting the grant a game-changer for Pinal County. RLGR. http://bit.ly/2K2hHwS
Secret email reveals more details on developer plan to stop dispensary. A new email shows real estate developers, including out-of-state ones, and some downtown property owners are working covertly to undermine and oppose a needed medical marijuana dispensary in downtown Scottsdale. Why are they out to kill health care that the upscale and state licensed Sunday Goods would provide? High-rise towers. The “clandestine” email and all the latest on this Health Care vs. High-Rise clash in RLGR. http://bit.ly/2WUQYHv
Adam Trenk, Rose Law Group partner and Hemp Department director, speaking at HITA Hemp Harvest & Next Season Prep event. Adam Trenk joins industry experts at the Saguaro Hotel in Scottsdale Nov. 13, for a discussion on hemp harvesting strategies, best desert soil prep, storage, processing, plans for next season & more! To find out how to attend, tap it! http://bit.ly/2Cph9gh
Lucid HQ construction underway in CG. Lucid Motors website has posted a progress report along with a twelve-second video capturing some of the work being done at its Casa Grande site. Check it out! http://bit.ly/2pGIF6j
Large solar projects make their way to Coolidge. P&Z has approved site plans for two big solar projects: A 1,167-acre solar plant to be located between Steele Rd and Selma Hwy, and an 851-acre solar farm proposed for Selma Hwy. and Eleven Mile Corner Rd. Details in PinalCentral. http://bit.ly/32rqKNW
ULI 2D Community Mural Project in Mesa. The Urban Land Institute has chosen 12 prominent Arizona muralists to beautify Guerrero Rotary Park with storytelling murals, to be painted side-by-side with volunteers. The family-friendly affair is this Saturday, Nov. 9 — and everyone’s invited! Avoid FOMO! Find out how to be there and participate via RLGR. http://bit.ly/36IVa1F
Avance near South Mountain sells 100 homes in 6 months. So what’s drawing so many homebuyers to Maracay’s “upscale urban community” at the base of South Mountain? This update in AzBigMedia on the “rapid pace of sales” at Avance doesn’t fail to deliver on the answers. http://bit.ly/36EIclL
What’s on the wish list of first-time buyers? What’s the preferred style and size for newbie homebuyers? How many bedrooms and baths do they want? What features and amenities matter most? Home insurance site Clovered conducted the survey, REALTORMag has it covered. -> http://bit.ly/2WSxJhN
How green is my Valley? New research from CBRE, Maastricht University and the University of Guelph looks at the amount of Phoenix office space and housing stock that is ‘green’ certified. (BTW, big props to Dealmaker Phonics Dept., which tells us that the way to pronounce the names of those two schools is: Yoo·nuh·vur·suh·tee.) Sunnucks has the findings in RLGR. http://bit.ly/2rp5snB
Office vacancies lowest since 2007: What’s the difference now? Craig Coppola with Lee & Associates Commercial Real Estate Services gives Mike Sunnucks a then-and-now analysis, as well as his vacancy outlook for the near future. http://bit.ly/36Hyrmx
Notre Dame Prep breaks ground for new performing arts center. All the bells and whistles planned for the 21,000-sq.-ft. St. Catherine of Bologna Performing Arts Center just might have the thespians, songsters and dancers out there in Dealmakerland dreaming of being sixteen again and enrolled at NDP! SI. http://bit.ly/33pufG4
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Sensors off, lack of programming, led to Uber self-driving car Tempe death, NTSB reports. “The NTSB report on the collision that killed 49-year-old Elaine Herzberg comes as investigators are set to meet in Washington D.C. on Nov. 19 to finalize their report.” AZ Mirror. http://bit.ly/33sDpBR
ASU student voter turnout has surged in the past four years.State Press characterizes voter turnout in 2018 vs. years prior as “a staggering jump” — which actually sounds more like some crazy stunt a poor frat prospect would be forced to perform during a drunken hazing incident. Tap on for report findings. http://bit.ly/2K0ZC2d
After impeachment inquiry vote, Lesko, Stanton face longshot recall efforts. Two Arizona members of Congress. Two efforts to oust them over their very different votes. Neither has a chance of succeeding. But, hey, this is an ACT report by CMS/Howard Fischer, so you know there’s gotta be more to this recall story than that! http://bit.ly/33rvyEz
More members of extremist “patriot” groups serving as precinct committeemen. “Jennifer Harrison, the right-wing extremist leader of AZ Patriots was appointed to a precinct committeeman position earlier this year, but she isn’t the only member of her group who holds this partisan position within the GOP.” AZ Mirror. http://bit.ly/2PXOFCa
