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
New homes, urban lofts development approved in Avondale (Disclosure: Rose Law Group represents William Lyon Homes.) Avondale City Council unanimously approved a rezoning and development deal for William Lyon Homes and its plans for the 163-acre Parkside Village property at Indian School and 99th Ave. Get the project rundown in RLGR. http://bit.ly/2LdoVxQ
Goodyear Council welcomes more single-family rental home communities but with attention to architectural design. That was the big takeaway from a briefing on multifamily growth given by City Development Director Christopher Baker at a Goodyear City Council work session earlier this week. Mike Sunnucks has the ‘we most definitely want single-family rentals’ recap in RLGR. http://bit.ly/2NDvHQ0
High-profile Downtown Phoenix site sells for $9.325M. Fore Properties has acquired 2.56 acres at 2nd Ave & Fillmore with plans to develop the O-Zone site into “a high-end mixed-use.” Deal and development details in AZRE. http://bit.ly/2HxcPyn
Global Water to provide for Nikola plant, other Coolidge developments. “Following the approval of a license agreement during Monday’s City Council meeting, Global Water will be partnering with the city of Coolidge to provide water services to incoming developments.” PinalCentral. http://bit.ly/2zpLn16
Zoning changes could give Flag more control over new student housing developments. Developments renting by the room currently require a conditional use permit, while those that rent by the unit, don’t. But that could change with density triggers the city is considering. Daily Sun. http://bit.ly/2ZhD9Ya
July 2019 foreclosure activity down 21 percent. That’s the good news, nationally. The not-so-good news, locally? According to ATTOM, Phoenix and Arizona are among the metros and states bucking that YoY trend. http://bit.ly/2L4rBPz
Tempe opens a door to affordable housing. NAHRO has recognized the City of Tempe with a 2019 Award of Merit in Affordable Housing for its “participation in a regional effort to house 100 people experiencing homelessness.” Wrangler News. http://bit.ly/2Ld5buf
Scottsdale approves 150-foot tall Marquee office building. The Stockdale Capital Partners’ project sparked debate over height and density in downtown but also addresses concerns about lack of new Class A space. Mike Sunnucks has more on the development, and the vote to approve it, in RLGR.http://bit.ly/2PjdH05
Deal collapses, but slim hopes exist for Club West. “Another potential buyer has walked away from Club West Golf Course, but owner Wilson Gee said there’s a slender hope that he might have it ready for play this coming season. And in both cases, the cost of city potable water looms large.” AFN. http://bit.ly/2L0pLPA
Golf Digest names 2 of SWABACK’s Golf Clubhouses as “The Greatest Clubhouses in America.” Golf Digest “asked 1,700+ course-ranking panelists to evaluate the greatness of golf’s best clubhouses on a 1-10 scale” — the first time it has ever done so! Tap on for results. http://bit.ly/30GA8NS
Baseball museum eyed for Scottsdale Stadium. (Discloser: Rose Law Group represents Home: The Baseball Experience.) Scottsdale has issued an RFP looking for a development partner to step up to the plate and “build a year-round ‘baseball-themed visitor experience’ venue” at the stadium, to be located “just behind the left field wall.” Scottsdale Progress. http://bit.ly/2ztGtQM
More community leaders, top equestrian group support Scottsdale infrastructure investments on November ballot. The Arabian Horse Association of Arizona and Waste Management have joined For The Best Scottsdale’s Steering Committee and are backing bond Questions 1, 2 and 3. RLGR. http://bit.ly/32duPWG
I-11 opponents in Hidden Valley find accord with Finchem. Republican state representative Mark Finchem spoke to Hidden Valley residents last week, saying he has not warmed to the idea of any route, and that the push for I-11 was a sign priorities are off, reports InMaricopa. http://bit.ly/2NBQWln
Ducey, Sinema discuss statewide issues at League of Arizona Cities and Towns. “Governor Doug Ducey and U.S. Senator Kyrsten Sinema both attended the conference to share what they are doing at the state and federal levels to make Arizona a better state.” Chamber Business News. http://bit.ly/2MHP1fA
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Phoenix voters reject measures to block light rail projects, limit budget growth. Not to pile on but the measures were utterly defeated — CRUSHED! — at least according to latest tallies. Meanwhile, here’s a bit of slant, courtesy AZ Mirror, in its coverage of the total smackdown: “While [Prop. 105] stemmed from outrage by business owners and residents in South Phoenix, it was shaped by conservative operatives.” http://bit.ly/2L0SkMz
Romero wins Democratic primary for Tucson mayor, will face independent Ackerley. “City Councilwoman Regina Romero handily won the three-way Democratic primary for mayor Tuesday. She will face independent Ed Ackerley in the November general election.” Daily Star. http://bit.ly/2UdnMKs
California could shut down those popular car subscription services.Motorists pay a monthly fee, with insurance, maintenance and other fees lumped in. Under some programs, subscribers can jump into a new car anytime they want. So what’s the problem? Leave it to folks in Cali to find a few. NBC News. http://bit.ly/2zu9USA
What is the state of biometric data security in Arizona? “[A] case brought by residents of Illinois against social media giant Facebook over its use of facial recognition software could reignite conversations at the Arizona Capitol on biometric data security.” AZ Mirror. http://bit.ly/2MGHYnp
