The Dealmaker: 7/31/2018

New Phoenix home development to extend road to Camelback Ranch.(Disclosure: Rose Law Group represents Mattamy Homes.) Mattamy will contribute to funding the extension of Ball Park Blvd., allaying concerns that its “207-home development” would “bring too much traffic” to the area. Rose Law Group founder and president Jordan Rose: “That’s a pretty amazing thing for the city of Phoenix. It will remove traffic also from 107th Avenue and it will allow for a better flow on event days.” More in YourValley. http://bit.ly/2M35Bm1

[VIDEO] Tour the most expensive estate in America. “Take an exclusive tour of the $1 billion ‘Mountain of Beverly Hills’ with superbroker Aaron Kirman,” at CNBC. (Running time: 1 minute, 27 sec.) http://bit.ly/2M9N6fW

A looming $1 billion tax on housing. And we will have President Trump’s tariffs on Chinese imports to thank for it! Not to mention that it “would come on top of the current 20% tariffs on softwood lumber imports from Canada [!!].” It’s a topic that has ignited quite a conversation in the comments section of this report on the matter at NAHBNow.—> http://bit.ly/2LG27JV

4 new apartment options from Tempe to Gilbert. From “luxury condominiums in Chandler to urban living in Tempe,” here’s the AZCentral rundown on “four of the newest options in the Southeast Valley.” http://bit.ly/2M6jlMV

The income needed to pay rent in the largest U.S. cities – 2018 edition.“SmartAsset analyzed data for two-bedroom apartments in the 25 largest American cities to see where you need the most income to afford rent.” Phoenix is among the metros analyzed, but compared to what renters pay in cities up and down the West Coast, the Valley is a bargain! http://bit.ly/2Ox1ArF

Flagstaff candidate question: Will you vote for the affordable housing bond on the November ballot? “If you oppose the bond, how should the city address the issue of affordable housing?” Council and mayoral candidates respond in Arizona Daily Sun. http://bit.ly/2ArrB8H  

Pollack: Economy ‘simply remarkable.’ “Enjoy the party,” says the Monday Morning Quarterback, adding that “unless something unexpected happens, by this time next year this will have become the longest recovery/expansion in American history.” Data ‘Snapshots’ include… U.S.: Real GDP • Manufacturing • Consumer Sentiment • Home Sales. AZ: Sky Harbor Air Traffic • Home Ownership. http://bit.ly/2M6vcdQ

Grant would help with Casa Grande Lucid plant. “Lucid Motors has said it will build a manufacturing plant on [a] 500-plus-acre site on Casa Grande’s west side near Thornton and Peters roads.” CG Dispatch reports that the $500,000 Arizona Commerce Authority Economic Strength Grant would “assist in the construction of the southern entrance of the project site.” http://bit.ly/2KenxID

Glendale mayor, vice mayor take wheel on Valley transportation. Vice Mayor Lauren Tolmachoff was elected as chair of the board for Valley Metro; Mayor Jerry Weiers was elected vice chair of the Regional Council of the MAG’s Transportation Policy Committee. “While Ms. Tolmachoff’s position deals with public transit, Mayor Weiers’ committee takes a broader look at transportation in the Valley.” YourValley. http://bit.ly/2KdFGpO

The “other” road. U.S. 80 stretched coast to coast, from Savannah, Georgia to San Diego, passing “through Douglas, Bisbee, Tombstone, Benson, Tucson, Florence, Mesa, Phoenix, Buckeye, Gila Bend, Wellton and Yuma.” PHOENIX magazine takes a look at this “historic southern Arizona highway that has long been overshadowed by Route 66.” http://bit.ly/2LE4xZz 

Cameron’s $5M + deals of the day – http://bit.ly/2AsVyoY

Don’t miss anything… follow multiple winner of the Arizona Republic’s tweet of the week contest, and Senior Partner at Rose Law Group and Director of RLG Renewable Energy Department, Court Rich. http://bit.ly/Court_RichTwitter 

As a supplement to the Dealmaker, we thought you might enjoy these articles!

Utility urges court to kill energy initiative. “The attorney for the state’s largest utility said Monday that Arizonans be precluded from voting on a renewable energy mandate because they were not told when signing petitions that a California billionaire is behind the measure.” A Capitol Media Services/Howard Fischer report in Arizona Capitol Times. http://bit.ly/2v4n5b1

Judge rules Arizona legislators wrote misleading blurb for voters.“Maricopa County Superior Court Judge Christopher Coury said the Republican-dominated Legislative Council left voters in the dark by failing to adequately explain how a ballot measure would strip away some rule-making authority of the [Citizens Clean Elections Commission].” By Howard Fischer in Arizona Daily Star. http://bit.ly/2vammWb

Feds question legality of Arizona law requiring those on unemployment to take any job. “Gay Gilbert, administrator of the Department of Labor’s Office of Unemployment Insurance, said a provision requiring people to accept any job or lose their benefits appears to run afoul of federal law. And she wants answers — especially with the law set to take effect Friday.” By Howard Fischer at Arizona Daily Star. http://bit.ly/2O0wN5r

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