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
Reefer madness clouds Old Town Scottsdale medical marijuana dispensary pursuit. (Disclosure: Rose Law Group represents Sunday Goods.) A “midnight-hour” legal challenge concerning Sunday Goods’ plans to open a medical cannabis dispensary in an underserved area of Scottsdale has project proponents and city officials pondering the motivations. SI. http://bit.ly/2IP2O0g
The revitalization of Opportunity Zones. Will the latest wave of O-Zone development “largely benefit wealthy investors and developers” as some critics fear? No, says Forbes Real Estate Council member Suzet McKinney, who explains why this time should be a win for everyone. http://bit.ly/31gvsgY
1-, 2-story Beazer Homes planned at Riggs, Gary roads. Queen Creek P&Z has approved residential designs for Beazer Homes’ 191-lot Harvest at Queen Creek. Details in QCI. http://bit.ly/2OJxunn
Homes planned at Signal Butte and Ocotillo. More QC P&Z action, this time approval of a prelim plat for 59 lots on a 15.1-acre parcel in the “western portion of Spur Cross.” QCI. http://bit.ly/2nMDYqz
14 homes planned at Signal Butte and Queen Creek. In yet another nod to new builds in the QC, P&Z has given its thumbs-up to a prelim plat for “14 homes on a 20-acre site in the Barney Family Neighborhood.” QCI. http://bit.ly/2VNYYtC
Developer to build luxury homes in north Scottsdale. Jason Kush tells PBJ that “he plans to build six homes on an 8-acre parcel near Jomax and Scottsdale roads, to be known as Lomas Verdes Estates.” (Subscriber Content). http://bit.ly/2oKlbMO
Wood Partners submits new Scottsdale apartment plans. The proposed complex is slated for the NWC of Raintree and Pima. But first, Wood Partners needs a bit of rezone love from the city. A Mike Sunnucks’ report in RLGR. http://bit.ly/2Mgh2cH
Phoenix City Council to vote on $75 million deal for new ASU housing. The bond-deal project is slated for Fillmore and First Ave. In RLGR, Mike Sunnucks has a bit more info in his preview of City Council’s upcoming vote on the matter. http://bit.ly/318ytjy
Strong demand continues at La Estancia as Meritage Homes closes on second deal. In its second purchase in less than a month, Meritage has picked up 47 lots “located on the opposite side of the community from” its “earlier purchases.” RED News. http://bit.ly/32i77Jg
Growing pains: Housing a big issue in the Globe-Miami area. “This is part one of a series that explores housing in the Globe-Miami area and what is being done to address long-term growth to facilitate an expanded workforce in southern Gila County.” Globe•Miami Times. http://bit.ly/33wITew
Tucson signs off on Ronstadt Transit Center redevelopment. *City Council approved a conceptual proposal to redevelop the downtown Ronstadt Transit Center, building a new hotel, apartments, commercial space while retaining the bus station.” Daily Star. http://bit.ly/2oxbmC8
Evergreen Devco promotes Scottsdale resident Jeff Market. And Ev Devco has also added Michelle Sinclair as director of asset management. More on both of these recent moves in SI. http://bit.ly/2B96Oo0
Economists: Phoenix more prepared to weather economic slowdown than a decade ago. “If there is an impending recession, it’s likely to be short and shallow.” That was the main takeaway from last week’s Economic Outlook 2020 event, which featured insight from The Monday Morning Quarterback, aka economist Elliott Pollack. PBJ. http://bit.ly/2IQru8r
Get to know: Mayor Cathy Carlat. Economic development, professional accomplishments and a ‘Romeo & Juliet’ family background are among the many topics Peoria Mayor Cathy Carlat discusses in this Chamber Business News Q&A. http://bit.ly/33sKVMz
Home values heating up in New Mexico. At a time of low mortgage rates, MoneyWise takes a look at whether homes in the land of Breaking Bad, Better Call Saul and El Camino are a good deal. http://bit.ly/35v7jXD
Polo anyone? WestWorld of Scottsdale transforms into polo mecca this fall – http://bit.ly/2OqiI4D
RLG HIRING: Rose Law Group is seeking a receptionist for our fun, fast-paced firm that offers opportunities for advancement.http://bit.ly/2UgnCCk
As a supplement to the Dealmaker, we thought you might enjoy these articles!
Kaine Fisher, Rose Law Group partner and director Family Law Dept., talks to NBC’s Oxygen network about Paul Petersen and red flags raised years ago. As the adoption-fraud case involving Maricopa County Assessor Paul Petersen grabs national headlines, Oxygen connects with Kaine Fisher who questions “why it took more than a decade to bring legal action against the accused human trafficker.” http://bit.ly/2oKEMN5
Marshallese adoptions fuel a lucrative practice for some lawyers. This report from Civil Beat concerning private adoption attorneys “taking advantage of lax oversight and willing families” shows that the cat was fully out of the bag on Paul Petersen one year ago. http://bit.ly/32dfohy
From Congress to the diamond, Curt Schilling’s intentions for his future.RLGR Senior Reporter/Writer Phil Riske on how the former MLB pitcher and three-time World Series champ has apparently thrown a curve at a political campaign. (SPOILER, from Deadspin: Curt Schilling delusional enough to think he could be a baseball manager, according to his “friends.”) http://bit.ly/2OKVp5S
Arizona lawmakers join critics of Trump’s Syria troop withdrawal. Still in the dark on where Sens. McSally and Sinema, as well as a handful of Arizona House members, stand on the matter? Then start catching up with this report published by Cronkite News last Thursday. http://bit.ly/2Mikp2V
Earlier primary election creates burden for student voters. “College students, who historically have been back on campus for the fall semester by the time the primary rolled around in late August, may not have returned by the first Tuesday in August.” ACT (PAYWALL). http://bit.ly/32fUle3
SNL cold open spoofs CNN’s LGBT town hall. “Alex Moffat portrayed CNN’s Anderson Cooper, who immediately gave the floor to Billy Porter in order to zazz up the show with some electrifying introductions.” WATCH: http://bit.ly/2OTg4Vc
